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1 year ago

Cost of goods sold is determined only at the end of the accounting period in.

Business

1 answer:

sladkih [1.3K]1 year ago

7 0

<h3>Answer:</h3>

Under the periodic inventory system.

What is periodic inventory system?

Under the periodic inventory system, the cost of goods sold determined at the end of an accounting period by adding the net cost of goods purchased to the beginning inventory and subtracting the ending inventory.

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Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount

Ainat [17]

The break even units is 20,000 units

<u>Explanation:</u>

<u>Firstly, the break even units needds to be calculated and is as follows:</u>

Selling price per unit = $50.00

variable costs = $30.00

Contribution Margin per unit = $20.00

BEP units = Fixed cost by contribution margin per unit

Fixed overhead = $400000

Contribution margin = $20

BEP = 20000 units

where : BEP = Break even units

Therefore, the break even units will be at 20000 units.

As per the given options in the question, the option C is the correct option.

3 0

2 years ago

Selma operates a contractor's supply store. She maintains her books using the cash method. At the end of the year, her accountan

lakkis [162]

Answer:

Ghhbbbhj

Explanation:

Ghhhbbhh

4 0

2 years ago

One important difference between capital budgeting and security analysis is that in security analysis the analyst must generally

Rashid [163]

Answer: True

Explanation:

Capital budgeting is the method used in the planning process in the organisations used to evaluate the long term project investing. Security analysis is the method of determining the proper value of debt, equity or hybrid securities of an organisation.

In simple words capital budgeting is an evaluation method and security analysis is the valuation method. Capital budgeting is done fro the data that is usually expected in nature whereas security analysis is done on the data which already exists in market.

Security analysis is done for valuing the securities thus the cash flows are given and we have to use that data for valuation purposes but in capital budgeting we can influence the cash flows as we have an objective to achieve .

8 0

2 years ago

If the reserve ratio is 15 percent, and banks do not hold excess reserves, and people hold only deposits and no currency, then w

Anna71 [15]

To figure the simple money multiplier, you divide 1 by the required reserve ratio. For example, if the required reserve ratio is 3 percent, divide 1 by 0.03 to find the simplemoney multiplier<span> equals 33.3.</span>

7 0

2 years ago

A stock has an expected return of 15.0 percent, its beta is 0.90, and the risk-free rate is 5.3 percent. What must the expected

SSSSS [86.1K]

Answer:

16.07%

Explanation:

The computation of the expected return on the market is shown below

As we know that

Expected Return on stock = Risk free return + beta ( Expected Market Rate of Return - Risk free return )

15 % = 5.3% + 0.90 × (Expected Market Rate of Return - 5.3%)

15 % - 5.3% ÷ 0.90 = Expected Market Rate of Return - 5.3%

10.77% = Expected Market Rate of Return - 5.3 %

So, expected market rate of return is

= 10.77 + 5.3%

= 16.07%

We simply applied the above formula

3 0

2 years ago