Answer:
its total assets equal to $510 million,
Explanation:
Total assets = Loans + Bonds + Reserves
= $400 million + $80 million + $30 million
= $510 million
Therefore, its total assets equal to $510 million,
Answer:
Inflation
Explanation:
Inflation refers to a situation of a general increase in the prices of goods and services in the economy. As prices of goods and services rise, the cost of living goes up. Inflation results in the purchasing power of currency to diminish.
Economist uses the consumer prices index to determine the rate of inflation. Inflation means a basket of goods and services will cost more today than it did in the prior period. Rapid economic growth that results in too much money in circulation causes inflation.
Answer:
$3,270
Explanation:
The perpetual LIFO inventory costing method is one in which adjustments are made to the balance of inventory for every item issued or received in a sequence of last in first out.
Given that 10 units at $120 6 units February: 20 units at $125 5 units May: 15 units at $130 9 units September: 12 units at $135 8 units November: 10 units at $140 13 units On December 31, there were 26 units remaining in ending inventory.
The net inventory units = 10 - 6 + 20 - 5 + 15 - 9 + 12 - 8 + 10 - 13
= 26 units
Since
January reminder (in value) = 10 - 6 ) $120 = $480
February remainder (in value) = (20 - 5) $125 = $1,875
May remainder = (15 - 9) $130 = $780
September = 12 - 8) $135 = $540
In November 10 items were purchased but 13 were sold.The makeup of the items sold are the 10 purchased in the month and 3 out of the remaining 4 items left off from September. Hence the balance for September will be
=$135
Cost of ending inventory
= $480 + $1,875 + $780 + $135
= $3,270
Answer:
The stock price at year end is $59.45
Explanation:
Given that:
risk-free rate of interest (
)= 4% = 0.04,
expected rate of return on the market
= 14% = 0.14
Beta (
) = 1.5
Dividends (D) = $6
Current price of stock 
= $55
Therefore, the expected rate of return (
) is given as:
The price of the stock at the end of the year (
) is given as:
P₁ = $59.45
Answer:
A) Depreciation on the company's retail outlets.
Explanation:
A product cost will be generally explained as the spending done or incurred cost in the production a certain good or the delivery of services. This comes with all the things used in i.e in the production and also the man power, power sources and every other thing attributed in this product production.
Also it well known from a financial and economic angle that o an article expense to qualify or be valued as a production cost, it must have to generate revenue for the company.
This is why in the case above, a depreciation on the company's retail outlets is not considered to be a part of the companies product cost.
