Answer:
Ending Inventory under LIFO $3,270
Explanation:
![\left[\begin{array}{cccc}Month&Purchase&Sales&Remaining\\January&10&-6&4\\February&20&-5&15\\May&15&-9&6\\September&12&-8&1\\November&10&-13&0\\Total&67&-41&26\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DMonth%26Purchase%26Sales%26Remaining%5C%5CJanuary%2610%26-6%264%5C%5CFebruary%2620%26-5%2615%5C%5CMay%2615%26-9%266%5C%5CSeptember%2612%26-8%261%5C%5CNovember%2610%26-13%260%5C%5CTotal%2667%26-41%2626%5C%5C%5Cend%7Barray%7D%5Cright%5D)
First: in LIFO you always start from the bottom line
subtracting the sales figure for each period.
Notice in nomvember the sales are greater than the amount purchased, so we decrease the september units by the diference
![\left[\begin{array}{cccc}Month&Units&Cost&Subtotal\\January&4&120&480\\February&15&125&1,875\\May&6&130&780\\September&1&135&135\\November&0&140&0\\Total&26&-&3,270\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DMonth%26Units%26Cost%26Subtotal%5C%5CJanuary%264%26120%26480%5C%5CFebruary%2615%26125%261%2C875%5C%5CMay%266%26130%26780%5C%5CSeptember%261%26135%26135%5C%5CNovember%260%26140%260%5C%5CTotal%2626%26-%263%2C270%5C%5C%5Cend%7Barray%7D%5Cright%5D)
The price of Acme Company's stock will likely RISE.
There is a limited number of stocks available and because the demand for the stock is high and rising, the company needs to increase its price. The increase is price will make it more valuable to potential buyers and it will serve as deterrent to those who can't afford to buy the stock at its high price.
In short: supply is low, demand is high, resulting to an increase in price.
Answer:
c. 12%; 15.7%
Explanation:
The computations are shown below:
For expected rate of return:
= (Weightage of risky asset × return of risky asset) + (Weightage of treasury bill × return of treasury bill)
= (0.70 × 0.15) + (0.30 × 0.05)
= 10.5% + 1.5%
= 12%
For standard deviation:
= Weightage of risky asset × (variance ^ half)
= 0.70 × (0.05 ^ 0.5)
= 15.7%
The equity cost of capital for the Jumbuck Exploration is 22%
Explanation:
Equity cost refers to the return offered to the customers in place of their investment in the organisation stocks. It is calculated by the formula
Rₐ = (D₁/P₀)+g
Where Rₐ= cost of equity
D₁= dividends announced
P₀=share price (current)
g= growth rate
Now given details-
Dividend announced (D₁)- $ 0.26
Current market price (P₀) - $ 2.00
Expected price= $ 2.10
growth rate= expected price- current price
growth rate (g) =$ 0.10
Putting the values to find Rₐ
Rₐ=(0.26/2.00)+0.10
Rₐ=0.23 or 23%
Nearest answer is 22%
Hence the equity cost of the capital is 22%
<span>The correct answer is She can use a complex query linking student scores by name and available study period, then sort the data and group it. By doing this, she would have used both tables to make a decision on how to group the students for a review class.</span>
