Answer:
$52,860
Explanation:
The computation of the ending inventory using the lower of cost or market method is shown below:
Product Cost Net realizable value Lower of cost or NRV
RSK-89013 600 × $38 = $22,800 600 × $47 = $28,800 $22,800
LKW-91247 420 × $47 = $19,740 420 × $40 = $16,800 $16,800
QEC-57429 510 × $26 = $13,260 510 × $32 = $16,320 $13,260
Carrying value of the ending inventory is $52,860
Answer:
The maximum price that should be paid for one share of this stock today is $46.86
Explanation:
Using the dividend discount model, we can calculate the price/fair value of the stock today. The DDM bases the price of the stock on the present value of the expected future inflows from the stock in the form of dividends and terminal value. The discount rate used to discount the cash flows is the cost of equity or required rate of return on stock.
The price of this stock at time zero (t=0) will be,
Prcie = 2 / (1+0.08) + 2.5 / (1+0.08)^2 + 50 / (1+0.08)^2
Price = $46.86
Answer:
The cost of goods sold is $ 4,800.
Explanation:
This problem requires us to calculate cost of good sold. The opening and closing balance of finished goods is given in the question. The cost of good manufactured is also provided in the question.
The cost of good sold can be calculated by finding the amount transferred from finished good account. Detail calculation is given below.
Finished good inventory begining $ 1,000
Cost of good manufactured $ 5,000
Finished good inventory ending ($ 1,200)
Cost of good sold $ 4,800
If a bond's coupon rate exceeds its yield to maturity, the bond is selling at a premium over par.
A premium is an amount that an insured person pays to an insurance company on a regular basis to cover a risk. Description: In an insurance contract, the risk is transferred from the policyholder to the insurance company. To take on this risk, insurance companies charge an amount called a premium.
This is the price paid to an insurance company by an individual or company wishing to enter into an insurance policy. Premiums are the income of insurance companies. The premium amount depends on the type of insurance. It also depends on factors such as the type of insurance coverage. The age group to which the policyholder belongs.
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<span>The answer is C. It means that more people are unemployed or underemployed.
Subsistence Agriculture means that the farmers only grow enough food to feed their families. They don't grow extra food to sell. This is a sign of a less developed country, because the family members are using their time and resources to care for themselves and are not working outside of the home. Therefore they will be unemployed or underemployed.</span>
