Answer:
$544
Explanation:
LIFO means last in first out. It means it's the last purchased inventory that is the first to be sold.
The cost of the 250 units sold would be first deducted from the inventory purchased on the 25th
= 100 × 2.34 = $234
That leaves 250 - 100 = 150 units.
The cost of goods sold would be next allotted to the inventory purchased on the 9th
= 50 × 2.20 = $110
This leaves 150 - 50 = 100
The cost of the 100 would be alloted to the beginning inventory
100 × $2 = $200
Total cost of goods sold = $200 + $110 + $234 = $544
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If a bond's purchase price is equal to its par value, its coupon rate equals its yield to maturity. A bond's par value is its face value, or the stated value of the bond at the time of issuance, as determined by the issuing entity.
It is the same as the coupon rate and is the amount of income you receive on a bond expressed as a percentage of your initial investment. If you buy a $1,000 bond and receive $45 in annual interest payments, your coupon yield is 4.5 percent. When the interest rate on a loan rises (when interest rates rise).
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If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.
<h3>Gain</h3>
First step
Bertha's capital gain= ($220 - $200) x 10 shares
Capital gain = $200
Second step
Balance left after government took 50%
Balance left= $200 x (1 - 0.50)
Balance left= $100
Third step
Gain=$100 x (1 - 0.03)
Gain=$97
Therefore If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.
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Answer:
The answer is: $238,000
Explanation:
The City of Ruth should recognize as revenue the difference between their incurred qualifying expenditures in improving bike trails and the federal government reimbursement.
Revenue = $418,000 - $180,000 = $238,000 due from the federal government.
Answer:
What Is the Capital Allocation Line (CAL)? The capital allocation line (CAL), also known as the capital market link (CML), is a line created on a graph of all possible combinations of risk-free and risky assets. The graph displays the return investors might possibly earn by assuming a certain level of risk with their investment.
Explanation:
