Answer:
Cost of Goods Sold: 79,900
Explanation:
The returns decreases the net purchases, and the freight-in is a necessary cost for get the goods so; it is activate through inventory.
Beginning 5,000
Purchased 97,000
Return (6,500)
Fregith-in <u> 1,600 </u>
Good available: 97,100
The difference between goods available and ending inentory will be the cost of goods sale
Ending Inventory (17,200)
Cost of Goods Sold: 79,900
Answer:
2 year yield 4 years from now 37.99%
Explanation:
given data
Interest rates r1 = 6.05% = 0.0605
Interest rates r2 = 7.6% = 0.0760
to find out
2 year yielding 4 years from now
solution
we find here 2 year securities will be yielding 4 years from now by as
2 year yield 4 years from now = ![\frac{(1+r2)^{t2}}{[(1+r1)^{t1}]^{0.5}}](https://tex.z-dn.net/?f=%5Cfrac%7B%281%2Br2%29%5E%7Bt2%7D%7D%7B%5B%281%2Br1%29%5E%7Bt1%7D%5D%5E%7B0.5%7D%7D)
- 1
put here value we get
2 year yield 4 years from now = ![\frac{(1+0.0760)^6}{[(1+0.0605)^4]^{0.5}}](https://tex.z-dn.net/?f=%5Cfrac%7B%281%2B0.0760%29%5E6%7D%7B%5B%281%2B0.0605%29%5E4%5D%5E%7B0.5%7D%7D)
- 1
2 year yield 4 years from now = 1.379915 - 1
2 year yield 4 years from now = .379915
so 2 year yield 4 years from now 37.99%
Answer:
Decrease by $30,000
Explanation:
Cost to buy = 15,000 * $34
Cost to buy = $510,000
Note: Since Ortega is buying 15000 units at $34, the $40,000 avoidable cost on fixed manufacturing overhead is non-applicable.
Cost of making = $150,000 + $240,000 + $90,000
Cost of making = $480,000
So, if Ortega purchases the component from the supplier instead of manufacturing it, the effect on income would be decrease by $30,000 ($510,000-$480,000).
Answer:
$0.12 billion; a budget surplus
Explanation:
Given that,
Total spending for the last fiscal year = $4.71 billion
Tax collected during the same fiscal year = $4.83 billion
Government transfers = $0
Lilliput's budget balance:
= (Taxes - Government transfers) - Total spending of government
= ($4.83 billion - $0) - $4.71 billion
= $0.12 billion
Therefore, the Lilliput has a budget surplus during the last fiscal year because of the positive budget balance.
