Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Windsor, Inc. made three purchases of merchandise in the following sequence:
(1) 400 units at $5,
(2) 500 units at $7
(3) 600 units at $8.
Total units= 1,500
Assuming there are 300 units on hand at the end of the period, compute the cost of the ending inventory.
A) FIFO (first-in, first-out)
Inventory= 300*8= $2,400
B)LIFO (last-in, first-out)
Inventory= 300*5= $1,500
Answer:
Option C, Double taxation on profits and individuals
Explanation:
The disadvantages of the corporation form of ownership are as follows -
a) It takes lot of time and hence is time consuming
b) The taxation gets double
c) Also, the formalities/protocols are very tough
Hence, the option C is correct
Answer:
$99.09
Explanation:
Calculation for What is Tricki's expected price when it begins trading ex-rights
Using this formula
Expected price=Stock rights-on- [ (Stock rights-on-Subscription price)÷(10 rights+ One share)]
Let plug in the formula
Expected price=$100-[($100-$90)÷(10+1)]
Expected price=$100-($10÷11)
Expected price=$100-$0.91
Expected price=$99.09
Therefore Tricki's expected price when it begins trading ex-rights will be $99.09
Answer:
Which of the following statements is CORRECT?
a. Operating income is derived from the firm's regular core business. Operating income is calculated as Revenues less Operating costs. Operating costs do not include interest or taxes.
Explanation:
Operating income is an accounting figure that measures the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS).
Answer:
economic and legal
Explanation:
Out of all the options, this option fits the scenario the most and I just took the test.
