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Morgarella [4.7K]
2 years ago
14

Beginning inventory, purchases, and sales data for hammers are as follows:

Business
1 answer:
Maru [420]2 years ago
7 0

Answer:

a) under FIFO

COGS = $461

ending inventory = $120

b) under LIFO

COGS = $491

ending inventory = $90

Explanation:

inventory:

March 3 Inventory 12 units at $15

March 11 Purchase 13 units at $17

March 14 Sale 18 units

March 21 Purchase 9 units at $20

March 25 Sale 10 units

under FIFO COGS:

March 14

Dr Cost of goods sold 282

    Cr Merchandise inventory 282

March 25

Dr Cost of goods sold 179

    Cr Merchandise inventory 179

under LIFO COGS:

March 14

Dr Cost of goods sold 296

    Cr Merchandise inventory 296

March 25

Dr Cost of goods sold 195

    Cr Merchandise inventory 195

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Every year, Professor Dumbledore assigns the instructors at Hogwarts to various faculty committees.
aniked [119]

Answer:

Explanation:

Base on the scenario been describe in the question, the algorithm that describe professor Dumbledore’s problem, or correctly

reports that there is no valid assignment whose total cost is finite is written as follows; Dumbledore needs to assign instructors to committees so that (1) each committee is full, (3) no

instructor is assigned to more than three committees, (2) only suitable and willing instructors

are assigned to each committee, and (4) the total cost of the assignment is as small as possible.

Describe and analyze an efficient algorithm that either solves Dumbledore’s problem, or correctly

reports that there is no valid assignment whose total cost is finite

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6 0
2 years ago
On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per
NikAS [45]

Answer:

The dividend yield for Zack Corporation 8%,the first option

Explanation:

The dividend yield is a measure of business performance used by investors which compares the dividend paid by a stock to its market price(price paid by investors to acquire the stock)

dividend per share for Zack Corporation is $3.90

market price per share is $48

dividend yield =$3.90/$48*100=8.13%

The correct option is the first option 8% since the figure above was simply rounded down to whole number

3 0
2 years ago
Alima has invested $50,000 in an S&P 500 index ETF that charges a total expense ratio of 8 basis points per year. How much w
katrin [286]

Answer:

Alima will pay 40 dollars in management of her fund.

Explanation:

A basis point is equivalent of 1/100th of 1%  

an expense ratio of 8 baiss point will be equivalent to 0.08%

0.08/100 = 0.0008

The managenement will get this as expense ratio while invesotr will see their investment yield decreases for this amount.

On a yearly basis Alima will pay $50,000 x 0.0008 = 40 dollars

7 0
2 years ago
Bottling Company enters into a contract with Chug’s Brewery to provide certain bottling and delivery services. Before Bottling s
irakobra [83]

Answer:

B. discharged

Explanation:

Based on the information provided within the question it can be said that Bottling's contractual obligation to Chug is breached. This term refers to when a party in a contract does not meet the obligations that they agreed upon for whatever reason. Which, since Bottling decided to not perform their part of the contract due to prices becoming to high then they are breaching the contract, regardless whether or not it is due to external factors.

3 0
2 years ago
Every year, Johnson Technologies hosts a banquet during which employees are given various awards, such as "safest driver" and "b
Inessa [10]

Answer: Option A

Explanation: In simple words, ethical behavior refers to the behavior which is seen as as morally correct from the perception of the society.

In the given case, Johnson technologies is giving award to their employees based the person skill traits such as safe driving etc. Hence they are awarding their employees for traits that are considered ethical and morally correct in the eyes of law and society.

Thus, from the above we can conclude that the correct option is A.

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2 years ago
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