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grin007 [14]
3 years ago
14

Sunland Company has beginning work in process inventory of $134000 and total manufacturing costs of $686000. If cost of goods ma

nufactured is $660000, what is the cost of the ending work in process inventory?

Business
1 answer:
Luda [366]3 years ago
5 0

Answer:

The answer is $160,000

Explanation:

Please refer to the attached file

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Riverbed Company designated Jill Holland as petty cash custodian and established a petty cash fund of $236. The fund is reimburs
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Answer:

The journal entry is shown below:

Explanation:

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Petty cash A/c Dr  $236

To Cash A/c $236  

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Misc. Expense A/c Dr $89

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3 years ago
Judy's Boutique just paid an annual dividend of $3.73 on its common stock. The firm increases its dividend by 3.40 percent annua
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Answer:

cost of equity = 12.16 %

Explanation:

given data

annual dividend of $3.73

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to find out

What is the company's cost of equity

solution

we will use here Gordon model for compute company's cost of equity that is

market value = \frac{dividend* ( 1+growth\ rate)}{cost\ of\ equity - Growth\ rate}         ........................1

put here value we get

43.96 = \frac{3.73* ( 1+0.034)}{cost\ of\ equity - 0.034}

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