Answer:
Dr Accounts payable 2,940
Dr Purchase discounts lost 60
Cr Cash 3,000
Explanation:
The original invoice was recorded as:
Dr Merchandise inventory 5,880
Cr Accounts payable 5,880
When half the merchandise was returned:
Dr Accounts payable 2,940
Cr Merchandise inventory 2,940
When the invoice was paid after the discount period had expired:
Dr Accounts payable 2,940
Dr Purchase discounts lost 60
Cr Cash 3,000
Answer:
[ 250000 / ( 0.97 ) ] * [ 1 - ( (1 +1.9) / (1+ 2.87 ) ^25 ] + $800000 is the amount being offered
Explanation:
Amount offered today = $800000
First payment (p) = $250000
EAR = 12 percent
payments increase by 1.9 percent per quarter
Total amount of payments = 25 quarterly payments = 6.25 years
note : there are 4 quarters in a year
How much is been offered for the company
APR = (1+ EAR)^(1/n)*n
= ( 1 +12%)^(1/4)*4 = 11.49%
( interest rate per annum ) = 11.49%
number of compounding interest per annum = 4
interest rate per period (r) = 2.87%
number of periods(n) = 25
growth rate(g) = 1.9%
first we have to calculate the PV of Cash-flows of the 1st payment ( $250000)
pv = [ p / (r-g) ] * [ 1 - [(1 +g ) / (1 + r)]^n ]
= [ 250000 / ( 0.97 ) ] * [ 1 - ( (1 +1.9) / (1+ 2.87 ) ^25 ]
Answer:
Date Units Unit Cost Unit Selling Price
July 1 Beginning Inventory 50 $ 10
July 13 Purchase 250 13
July 25 Sold (100 ) $ 15
July 31 Ending Inventory 200
Cost of Goods Available for sale= 250 units at $ 13+ 50 units at $ 10
= 3250 + 500= $3750
FIFO Ending Inventory $ 2600
200 units at $ 13= $ 2600
Sales 100At $ 15= $1500
FIFO Cost Of Goods Sold $ 1150
50 units at $ 10= $ 500
50 units at $ 13= $ 650
LIFO Ending Inventory $ 2450
50 units at $ 10= $ 500
150 units at $ 13= $ 1950
Sales 100 at $ 15= $1500
LIFO Cost Of Goods Sold $ 1150= Cost of Goods Available for Sale Less LIFO Ending Inventory = 3750- 2450= $ 1300
100 units at $ 13= $ 1300
Weighted Average Ending Inventory 12.5 * 200= $ 2500
Total Cost/ total units= 3750/300= 12.5
Weighted Average Cost Of Goods Sold $ 1150= Cost of Goods Available for Sale Less Weighted Average Ending Inventory = 3750- 2500= $ 1250
Weighted Gross Profit= Sales Less Weighted Cost Of Goods Sold= $ 1500- $ 1250= $ 250
Answer:
u can do it.. it's bit complicated.. sorry
Answer:
Nash equilibrium exists when both companies charge $100 per ticket and each makes $81,000 in profits.
Explanation:
United
ticket price $100 ticket price $200
$81,000 / $58,000 /
ticket price $100 $81,000 $123,000
American
$123,000 / $112,000 /
ticket price $200 $58,000 $112,000
United's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.
American's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.
Since both companies' dominant strategy is to charge $100 per ticket, then that is the Nash equilibrium.
