Answer:
the ending work in process inventory is $91,960
Explanation:
The computation of the ending work in process inventory is given below:
= cost of material + conversion cost
= 22,000 × $1.60 + 22,000 × $2.58
= $35,200 + $56,760
= $91,960
Hence, the ending work in process inventory is $91,960
The same should be considered and relevant
Answer:
the second option
Explanation:
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
first option
Cash flow in year 1 and 2 - $85,000
1 = 7
PV = $153,681.54
Second option
Cash flow in year 0 = $20,000
Cash flow in year 1 and 2- $74,000
I = 7
PV = $153,793.34
the pv of the second payment is higher than the first so the seconf would be choosen
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
153,681.54
Answer:
The common stock would decline by $2 million
The paid in capital in excess of par would decline by $15 million
The share capital would decline by $17 million
Explanation:
The balance in common stock would decline by the par value of the 2 million shares reacquired in the year,that is 2 million*$1=$2,000,000
However balance in the paid-in share capital in excess of par would decline by $7.5 for each of the 2 million shares reacquired i.e 2 million *$7.5=$15,000,000
However the total reduction in share capital of Horton Industries is the sum of the reduction in common stock of $2 million and the reduction in paid-in capital in excess of par of $15 million i,e $17 million
A) the field must be unique since duplicates are not allowed within sales force
C) the field can be unique based on case- sensitive or case-insensitive values
Answer:
an offer and an acceptance
Explanation:
Here, in this particular case, the valid contract will require an agreement i.e. an offer and an acceptance which is further backed personally by the legally adequate consideration that is made by the individuals or groups that tend to have legal competence to embark into a contract, and thus the legal ambition.