Answer:
a. reduce errors and catch any problems earlier
Explanation:
Daily inventory cycle counts allow companies to immediately identify variances in inventory and their causes. The organization can then put measures to address the problem. Detecting problems early and employing corrective measures prevent a business from incurring heavy losses as opposed to waiting until the end of a period for a stock take.
Organizations are opting for daily stock stocks for more accurate reporting, customer-friendly stock management, and early detection of inventory problems.
Answer:
option (C) 280%
Explanation:
Number of shares of stock X purchased = 100
Purchasing cost of share =
Selling cost of stocks = $24 per share
Brokerage paid = 2%
Now,
The total purchasing cost involved = + 2% of
= 612.5 + 0.02 × 612.5
= $624.75
also,
Total income from sales of stocks
= Total selling cost of shares - brokerage paid
= $24 × 100 - 2% of Total selling cost
= $2400 - ( 0.02 × $2400 )
= $2400 - $48
= $2,352
now,
The investor's percent gain on this investment =
=
=
= 276.47% ≈ 280%
Hence, the correct answer is option (C) 280%
<span>How are microlending agencies combining loans with other social improvements for individuals? Microlending agencies work with local agencies to help fund different social improvements for their community. Microlending is the practice of lending out small loans from an individual to fund a project rather than a bank or credit union. </span>