Answer:
Total return = 14.94%
Explanation:
Options are <em>"14.17%
, 13.40%
, 14.94%, 11.43%, 3.50%"</em>
End price = $59.46
Beginning price = $53.36
Dividend = $1.87
Total return = (End price - Beginning price + Dividends) / Beginning price
Total return = ($59.46 - $53.36 + $1.87) / $53.36
Total return = $7.97 / $53.36
Total return = 0.1493628185907046
Total return = 14.94%
Answer:
$250 is the answer
Explanation:
As we want to calculate here the net income which could be found from the following formula:
Net Income or Profit = Sales - Expenses
In this case the sales figure is $750 and the expenses are $500.
By putting the values we have
Net Income = $750 - $500 = $250
Walter Co. is a manufacturer because it uses raw materials, and has a stock of merchandise inventory, work-in-progress inventory, and finished goods inventory. The current assets of Walter Co. will be:
Current Assets:
Cash 6,000
Inventories
Raw materials inventory 21,000
Work in progress inventory 40,000
Finished goods inventory 25,000
Merchandise inventory 48,000
Total inventory 1,34,000
Other assets
Accounts receivable 41,000
Prepaid expenses 1,000
Current assets 2,22,000
A manufacturing company is a company that takes in raw materials processes the raw materials and then sells the finished goods manufactured in the market. So the current assets section of the balance sheet of Walter Co. is given which will be written on the right side of the balance sheet.
Learn more about manufacturing companies here:
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Answer:
Results are below.
Explanation:
Giving the following information:
Company 1:
Beginning inventory Merchandise $253,000
Cost of purchases 600,000
Ending inventory Merchandise 153,000
Company 2:
Beginning Finished goods $506,000
Cost of goods manufactured 930,000
Ending Finished goods 147,000
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
<u></u>
COGS= beginning finished inventory + cost of goods manufactured/purchased - ending finished inventory
<u>Company 1:</u>
COGS= 253,000 + 600,000 - 153,000
COGS= $700,000
<u>Company 2:</u>
COGS= 506,000 + 930,000 - 147,000
COGS= $1,289,000
Answer:
I would say A or D. But I'm leaning towards D - patterns created to attract young and affluent customers.