Answer:
cost of goods available for sales= $3,180
Number of units= 50 units
Explanation:
Giving the following information:
Wattan Company reports beginning inventory of 10 units at $60 each. Every week for four weeks it purchases an additional 10 units at respective costs of $61, $62, $65, and $70 per unit for weeks 1 through 4.
To calculate the cost of goods available for sales, we need to use the following formula:
cost of goods available for sales= beginning inventory + cost of goods purchase during the year
cost of goods available for sales= 10*60 + 10*61 + 10*62 + 10*65 + 10*70
cost of goods available for sales= $3,180
Number of units= 5*10= 50 units
Answer:
15.79%
Explanation:
The computation of the return on investment is shown below:
Return on investment = Operating Income ÷ New operating asset base
where,
Operating income is $60,000
And, the new operating asset is
= $500,000 - $120,000
= $380,000
So, the return on investment is
= $60,000 ÷ $380,000
= 15.79%
By dividing the operating income from the new operating asset base we can get the return on investment
If the returns are constant to scale, the output increases by the same as the increase in inputs, therefore, it would double.
Answer:
Transaction a
Debit : Account Receivable $27,500
Credit : Sales Revenue $27,500
Transaction b
Debit : Cash $5,875
Credit : Deferred Revenue $5,875
Transaction c
Debit : Sales Revenue $1,500
Credit : Account Receivable $1,500
Transaction d
Debit : Deferred Revenue $5,875
Credit : Sales Revenue $5,525
Credit : Discount received $350
Explanation:
The journals have been prepared above.
Answer:
Acceleration, a = 28m/s²
Explanation:
Given the following data;
Initial velocity, u= 150m/s
Final velocity, v = 10m/s
Time, t = 5secs
To find the acceleration;
Acceleration, a = (v-u)/t
Substituting into the equation, we have;
Acceleration, a = (150-10)/5
Acceleration, a = 140/5
Acceleration, a = 28m/s²
Therefore, the acceleration of the drag racer is 28m/s².
