Answer:
The answer is option e. $44.46
Explanation:
The stock's expected price after 5 years can be expressed as;
FV=CV(1+RRR)^n
where;
FV=future value of stock/expected price after 5 years
CV=current price of stock
DGR=dividend growth rate
n=number of years
In our case;
FV=unknown
CV=$35.25 per share
DGW=4.75%=4.75/100=0.0475
n=5 years
replacing;
FV=35.25(1+0.0475)^5
FV=35.25(1.0475)^5
FV=44.46
Answer: B. Work-In-Process Inventory XXX Wages Payable XXX
Explanation:
The method of accounting for Direct labor during production is to apportion it to Work in Process inventory because as a direct cost, it should form a part of the cost of producing the good.
The Work in Process Inventory will therefore be debited to reflect an increase and the Wages Payable will be credited to reflect that the wages are a liability owed to workers.
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Answer:Skysong journal $
Date
December 2020
Raw material Dr 984,100
Loss on raw material 48,000
Supplier Cr 1,032,100
Narration. recognition of raw materials purchased at agreed value.
2021
Supplier Dr. 1,032,100
Bank Cr. 1,032,100
Narration. Payment for raw materials purchased at agreed value.
Explanation:
The raw materials needs to be paid for at the agreed value not withstand ing the fall in value. However stock are to be recognized at cost or net realisable value which ever is less and since the market value of the stock has dropped this has to be recognized as a loss in the income statement to avoid the stock been over value.
Answer:
Supply chain management is the coordination, management and strategy that drives the flow of data, information, resources and materials to deliver the best product and service to all stakeholders in the process of converting raw goods to a salable product and delivering it to the ultimate customer. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.
Explanation:
