Answer:
$1615
Explanation:
($575 + 650) 0.10 = $122.50
Find the future value of $122.50
Future value can be calculated using a financial calculator:
$122.50 = PMT
10 = N
6% = I/Y
Press compute then FV
Fv = $1615
I hope my answer helps you
Answer:make a list of responsibilities and tasks that need to be accomplished in the business
Explanation:
Answer:
$960,000
Explanation:
The balance in equity investment made by Cleaverland in Omaha as at December 31, 2020 shall be determined using the following method:
Purchased price of Cleaverland as at January 1, 2019 $650,000
Net income for the year 2019 $150,000
Net income for the year 2020 $190,000
Less: Dividend paid by Omaha to Cleaverland ($30,000)
Balance as at December 31, 2020 $960,000
Based on the opening and closing inventories as well as the purchases, the company cost of goods is $138,000.
<h3>What are the cost of goods sold?</h3>
This can be found as:
= Opening inventory + purchases - closing inventory
Solving gives:
= 13,000 + 150,000 - 25,000
= $138,000
Find out more on cost of goods sold at brainly.com/question/24561653.
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Empirical Question is a question that can be answered by observing and analyzing the world as it is known:
