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Darina [25.2K]
2 years ago
12

Determine the ending inventory using the periodic inventory system and the weighted average inventory cost flow method (round an

swers to the nearest cent), assuming 18 units were sold during the period. Date Item Units Cost Total January 1 Beginning inventory 5 $3 $15 January 12 Purchase 10 4 40 January 18 Purchase 8 5 40 Totals 23 $95 a.$20.65 b.$26.40 c.$95.00 d.$74.34
Business
1 answer:
Lady bird [3.3K]2 years ago
4 0

Answer:

$22.85

Explanation:

PARTICULARS             UNIT    COST   TOTAL COST

Beginning Inventory      5           3                 15

Purchases                      10          4                 40

Purchases                       8          5                 40

Sales                               18        

Ending Inventory             5                              15

Weighted Average Cost = Total Costs of Goods Available for Sale/ Total Units = 105/23 = 4.57

Ending Inventory = 5 units x 4.57 = $22.85      

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The owners of a small bar and grill want to run an ad on local radio in the town where the business is located. Their objective
sattari [20]

Answer:

Determine the local radio listening audience by:

1. Compare online streaming listeners

2. Conduct Survey

3. Check radio station's ratings

Explanation:

1. Since most radio stations stream their programs live online, the owners of the small bar and Grill could determine the number of listening audience.

2. A survey conducted or could be conducted that shows what timing would be best to broadcast the awareness ad is another option.

3. Ratings of the local radio stations is an indicator of which stations have a wider signal range.

8 0
2 years ago
At January 1, 2020, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purcha
fiasKO [112]

Answer:

$4,000

Explanation:

The operating activities is the activities which records day to day activities i.e change in working capital, loss or profit on sale of long term assets, depreciation expense etc

In the given situation, there is a loss of $4,000 on the sale of equipment and the same is recorded under the operating activity in a positive sign

The sale of an equipment and the purchase of an equipment would be shown in the investing activity . Hence, we do not considered here

3 0
2 years ago
What is the maximum amount you would pay for an asset that generates an income of $ 250,000 at the end of each of five years if
Galina-37 [17]

Answer:

170,146

Explanation:

$250,000 / (1.08)5= 170,146

3 0
2 years ago
Pearson Motors has a target capital structure of 30% debt and 70% common equity, with no preferred stock. The yield to maturity
Anuta_ua [19.1K]

Answer:

Cost of common equity is 16.49%

Explanation:

The WACC of weighted average cost of capital is the cost of a firm's capital structure. The capital structure of the firm can comprise of the following components namely debt, preferred stock and common stock.

For a firm which has only debt and equity, the WACC is calculated as follows,

WACC = wD * rD * (1 - tax rate)   +   wE * rE

Where,

  • w represents the weight of each component
  • r represents the cost of each component
  • we multiply the cost of debt (rD) by (1 - tax rate) to calculate the after tax cost of debt

Plugging in the values of the available components, we can calculate the cost of common equity to be,

0.1370 =  0.3 * 0.12 * (1 - 0.4)  +  0.7 * rE

0.1370 = 0.0216 + 0.7 * rE

0.1370 - 0.0216  = 0.7 * rE

0.1154 / 0.7  =  rE

rE = 0.164857  or  16.4857%    rounded off to 16.49%

4 0
2 years ago
XYZ Corp is doing a study of consumers' use of soap across the US. The questiuonnaire for the sttudy will include questions abou
serious [3.7K]

Answer:

Such a study is best characterized as a non-experimental study.

Explanation:

Non-experimental research is the study whereby a researcher cannot manipulate, control, or change the subjects of a research but instead, the researcher depends on observation, interpretation, or interactions to arrive at a conclusion. This means that in a non-experimental study, the researcher relies on surveys, correlations or case studies.

Non-experimental research has a great level of external validity because it is usually generalized to a bigger population. XYZ Corp making use of a survey is an example of non-experimental study.

8 0
2 years ago
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