Answer:
C. 23,000
Explanation:
Inventory currently as the warehouse $20,000: less damaged stocks $3000.00
= $20,000.00-$3,000= $ 17,000.00
Add inventory not in the warehouse: i.e., Consignee and transits goods
=$2000 + $ 4000= $6000
Total year end inventory = $17000+$ 6000
=$23,000.00
Based on the description above, it is likely to be true and
correct it is because a common law does govern all contract and that there is
only an exemption if the law has been replaced or has been modified by someone
who is in authority to do so.
Answer:
Peridot should report net cash outflows from investing activities of: $46 million
Explanation:
Peridot Corporation
Statement of cash flows (extract)
$ in millions
Purchase of machinery ($36)
Proceeds from sale of land 70
Cash paid to acquire office equipment (80)
Net cash flows from investing activities ($46)
Note that reacquired common stock belongs to financing activities section of the cash flows, while gain from sale of land and investment revenue belong to operating activities section of the cash flows
Answer:
The correct answer is option b.
Explanation:
Producer surplus refers to the difference between the price a producer would be willing to receive for his product and the price he actually gets.
The difference between total revenue and the total cost is the producer surplus. We can also say that it is the difference between the price per unit and marginal cost. It is the area between the supply curve and the equilibrium price.