Answer: $4,800
Explanation:
First find the Annual holding cost:
= Average inventory * Cost of holding a unit
= 500/2 * 1 * 12 months
= $3,000
Then find the Annual ordering cost:
= Expected units to be sold/ Units ordered * Ordering cost
= 9,000/500 * 100
= $1,800
Annual Inventory cost = Annual holding cost + Annual ordering cost
= 3,000 + 1,800
= $4,800
<span>The first home video game product built on a microprocessor was a home version of the popular coin-operated pong game from </span>Nolan Bushnell' Atari.
Nolan Bushnell is a united states born citizens that fund the first portable gaming device that allow users to play the game anywhere they like
Answer:
12,552 shares
Explanation:
Data provided:
Initial outstanding shares of the firm = 16,000 shares
Value of each share = $14.50
Debt issued = $50,000
Now,
the number of shares used for issuing for $50,000 debt
= Debt issued / value of each share
on substituting the respective values, we have
the number of shares used for issuing for $50,000 debt
= $50,000 / $14.50
= 3448.27 ≈ 3448 shares
Now,
The shares of stock that are outstanding once the debt is issued =
= Initial outstanding shares - shares used for issuing for $50,000 debt
= 16,000 - 3448
= 12,552 shares
Answer:
a-3 / b-2 / c-4 / d-1
Explanation:
Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.
The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.
Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.
is a process designed to provide reasonable assurance regarding the reliability of financial reporting.
Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.
Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations
Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.
are reports prepared by a company's management to present the financial performance and position at a point in time.
