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Vsevolod [243]
2 years ago
7

On December 31 adopted the dollar-value LIFO inventory method. Inventory at the end of 20X1 for its only inventory pool was $400

,000 under the dollar-value LIFO method. At the end of 20X2, inventory at year-end cost is $473,000 and the cost index is 1.10. At the end of 20X3, inventory at year-end cost is $492,000 and the cost index is 1.20. Inventory at the end of 20X3 at dollar-value LIFO cost is:
Business
1 answer:
IgorLugansk [536]2 years ago
4 0

Answer:

Please see attachment

Explanation:

Please see attachment

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A company experiences a stock split due to poor performance. Ariana's initial investment
olchik [2.2K]

Answer:  25

Explanation:

Given, A company experiences a stock split due to poor performance. Ariana's initial investment  was a purchase of 50 stocks at $12.99 per share.

Value of her shares = 50 x $12.99

= $649.50

The reverse split is 1:2 means the number of shares split into half but the total value of her shares remains the same.

i.e. Ariana owns  50/2=25 stocks after the stock split.

Hence, Ariana owns 25 stocks after the stock split.

7 0
2 years ago
Read 2 more answers
Your company works with freelance writers, and Jake, your colleague, is responsible for processing the freelancers' invoices. La
trapecia [35]

Answer:

The sentence uses an active voice

In this case active voice is not appropriate

Explanation:

Mode of expression can be passive or active.

Passive voice is one that emphasises the subject or person that is receiving an action.

An active voice describes a person that is performing an action.

In this scenario Jake accidentally input $560 instead of $650 on one of the invoices. The writer hasn't contacted you about the error yet.

So the email sent should just focus on what has happened to the writer and also to proffer a solution to the problem.

Since the writer did not complain or request for information on who made the mistake, stating that it was Jake that made the error is inappropriate.

A better statement would have been - An error was made on your invoice where the figure was inputted as $560 instead of $650. This however has been rectified and the invoice forwarded to you.

4 0
2 years ago
Blaylock Company wants to buy a numerically controlled (NC) machine to be used in producing specially machined parts for manufac
Elodia [21]

Answer:

2.56 years

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

payback period = amount invested / cash flows

cash flows = $510,000 - $360,000 = $150,000

$384,000 / $150,000 = 2.56 years

7 0
2 years ago
Assume millerville was producing 30 scooters and 10 helicopters before specialization. if millerville wanted to maintain product
lutik1710 [3]

As long as the production times and price points were simular then it would. However, with assuming it costs much more of a hellicoper then it does for a scooter to be produced they would definitly benefit from trading one schooter for one helicopter with Jamestown. They will benefit due to time and money that is being saved.

7 0
2 years ago
Jones of San Diego sold Long of Baton Rouge a video system with a $6,000 list price. Sale terms were 2/10, n/30 FOB San Diego. J
kkurt [141]

Answer:

$4,835

Explanation:

The computation of the payment made by Long is shown below:

= Sale value of video system - discount + freight charges

where,

Discount = Sale value × discount rate

               = $6,000 × 2%

               = $1,200

The other items  values remain the same

Now put all the values to the above formula,

So, the value would be equal to

= $6,000 - $1,200 + $35

= $4,835

6 0
2 years ago
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