Under the LIFO inventory method, the last items purchased are assumed to be sold first. Therefore, the cost of goods sold will be calculated using the latest purchases. In this case, the total purchases made in July are 7 + 99 + 14 = 120 units. The cost of goods sold for July will be calculated as follows:
28 units from beginning inventory at $19 = $532
7 units purchased at $20 = $140
23 units from the second purchase (99-76) at $20 = $460
14 units from the third purchase at $22 = $308
---------------------
Total Cost of Goods Sold = $1,440
The remaining 45 units on hand will be considered as ending inventory. Using the LIFO method, the cost of these units will be allocated using the latest purchase cost of $22. Therefore, the amount allocated to ending inventory for July will be:
45 units at $22 = $990
In summary, the cost of goods sold for July is $1,440 and the amount allocated to ending inventory using the LIFO method is $990.
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You want to invest in a riskless project in Sweden. The project has an initial cost of SKr3.86 million and is expected to produce cash inflows of SKr1.76 million a year for three years. The project will be worthless after three years. The expected inflation rate in Sweden is 3.2 percent while it is 2.8 percent in the U.S. A risk-free security is paying 4.1 percent in the U.S. The current spot rate is SKr7.7274. What is the net present value of this project in Swedish krona if the international Fisher effect applies
Answer:
Skr 978,177
Explanation:
The computation of the net present value is given below:
Given that
Inflation in USA = 2.80%
The Nominal rate in USA = 4.10%
As we know that
Real rate = Nominal rate - inflation
Real rate = 4.10% - 2.80%
= 1.3%
Now nominal rate in Sweden should be
= Real rate + Inflation
= 1.3% + 3.20%
= 4.50%
Net present value = initial outlay + Present value (Cash Flow)
NPV(in SKr million) = -3.86 + 1.76 ÷ (1+0.045) + 1.76 ÷ (1+0.045)^2 + 1.76 ÷ (1+0.045)^3
= -3.86 + 4.838177
= 0.978177 million
= Skr 978,177
It cost Levi Jeans $14 to create jeans. The company wishes to mark all jeans up by $42.55. What is the retail price and markup percentage of jeans?
Answer:
0.32902467 but id move the desimal so it would be 32$ and 90 cents but u can cut of the cents sorry i suck at math i tried sorry if this didnt do much
Explanation:
upstream from umami snacks is the set of firms that supply the raw materials, information, and expertise to make the seaweed crisps. the recipe for seaweed crisps is quite simple: nori (red seaweed), olive oil, and spices. from its production of wasabi peas and arare, umami already has a supplier of olive oil and spices, but it needs to find a supplier for the nori. nori can be purchased from international suppliers in korea and china and from local suppliers. a number of factors must be considered when choosing a supplier, and often concessions must be made. in the selection of the nori supplier, which two factors should be prioritized? check the two responses you think are most appropriate, and then click submit.
The two factors should be prioritized are C. Quality and D. Price.
Quality is a crucial factor to consider when choosing a supplier for the nori, as it directly affects the taste and overall experience of the seaweed crisps. Ensuring high-quality raw materials will not only satisfy customers but also help maintain a positive brand image and reputation for Umami Snacks. The quality of the nori is especially important since it is the primary ingredient in the product.
Price is another essential factor to consider when selecting a supplier. The cost of raw materials has a direct impact on the profitability of the final product. Balancing the cost with quality is vital to ensuring a reasonable profit margin for Umami Snacks while still providing a high-quality product to customers. It's essential to evaluate different suppliers to find the best possible price without compromising the quality of the nori.
While factors such as payment terms (A) and management style (B) may play a role in the overall supplier selection process, they should not be prioritized over quality and price in this specific situation. Therefore, the correct option is C and D.
The question was incomplete, Find the full content below:
upstream from umami snacks is the set of firms that supply the raw materials, information, and expertise to make the seaweed crisps. the recipe for seaweed crisps is quite simple: nori (red seaweed), olive oil, and spices. from its production of wasabi peas and a rare, umami already has a supplier of olive oil and spices, but it needs to find a supplier for the nori. nori can be purchased from international suppliers in korea and china and from local suppliers. a number of factors must be considered when choosing a supplier, and often concessions must be made. in the selection of the nori supplier, which two factors should be prioritized? check the two responses you think are most appropriate, and then click submit.
A. Payment terms
B. Management style
C. Quality
D. Price
E. Submit
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sue, a single taxpayer, purchased a principal residence in 2009 for $415,000. in 2012, she paid $18,000 to add a sunroom. this year, sue sold the residence for $686,000. her selling expenses were $5,000. how much gain must sue recognize on the sale? multiple choice $25,000 $0 $16,000 $3,000
The term "cost price" refers to the amount paid for an item or its manufacturing cost. The abbreviation for the cost price is C.P. Selling Price: The term "selling price" refers to the price at which an item is purchased. The abbreviation for the selling price is S.P.
What is a selling cost?The purchase price of a product or service is known as the selling price. It can change based on how much buyers are willing to pay, how much the seller is willing to take, and how competitive the price is with other businesses in the market.
Gain on Sale of Residence Gain Selling Price - Selling Expenses - Cost Basis 686000-5000-433000 $248,000.00 Cost Basis Cost + Improvements 415000+18000 $433,000.00 Now we will talk about the gain that needs to be recognized.
The gain from the sale of the primary residence up to a maximum of $250,000 is exempt from income, according to IRS publication 523. Additionally, Julia has been in charge of the house for more than 24 months. In the given scenario, the gain is $248,000, which is less than the $250,000 threshold. As a result, no gain is included.
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You are analyzing the cost of capital for a firm that is financed with 65 percent equity and 35 percent debt. The cost of debt capital is 8 percent, while the cost of equity capital is 20 percent for the firm. What is the overall cost of capital for the firm?.
After analyzing the cost of capital for a firm that is financed with 65 percent equity and 35 percent debt, the overall cost of capital for the firm is 15.8%.
What do you mean by the cost of capital?The cost of capital refers to the minimum rate of return expected by its investors.
In other words, it refers to the cost of obtaining funds i.e. the average rate of return that the investors in a firm would expect for supplying the funds to the firm.
\(\begin{aligned}\text{k firm}&=\text{Debt}\times\text{ k debt} + \text{Equity}\times\text{ k equity}\\&=\left(0.35 \times 0.08\right) + \left(0.65\times0.2\right)\\&=0.158\\&=15.8\%\end{aligned}\)
Therefore, the overall cost of capital is 15.8%.
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if i wanted to become a singer how would i do it if i did not have the payments to do auditions
-1 Name the Act that makes provision for employees to improve their work performance.
Purchasing, sales, and merchandising are all related careers. What do they have
in common?
Explanation:
They all have a cycle, and have something to do with money. The merchandisers promote the items, people sell them , and purchasers buy them. Simple.
Answer:
i agree with her/him They all have a cycle, and have something to do with money. The merchandisers promote the items, people sell them , and purchasers buy them.
Explanation:
Which of the following is part of the cost of goods or services sold for a company that paints people's homes?
A. Paint
B. Flyers to promote the company
C. A van to travel to people's homes
D. Fuel for the van
Answer:
A. Paint
Explanation:
Paint is a part of the cost of goods or services sold for a company that paints people's homes. Thus, the correct option is A). Paint.
What is the cost of goods sold?COGS stands for the Cost of Goods Sold. Cost of goods sold refers to the direct costs of producing the goods sold by a company. It is the total amount or cost that is incurred in the production of the goods. The sum of amount that a business paid as a cost directly related to the sale of products, is known as COGS.
Cost of goods sold is the total carrying value of goods sold during a particular period. This amount mainly includes the cost of the material, labor, machinery etc. that are directly used to create the good. It also includes the indirect cost such as marketing cost, distribution cost, sales cost etc.
Basically, cost of goods sold can be calculated by the given formula i.e. COGS = the starting inventory + purchases – ending inventory.
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The smaller the GDP, the larger the economy.
Answer:
Real gross domestic product is an inflation-adjusted measure
price levels and provides a more accurate figure of economic growth
This means that if inflation is positive, real GDP will be lower than nominal, and vice versa
differentiate between health assistant and staff nurse
Answer:
Medical assistants perform tasks like answering phones and scheduling patients, while a nurse typically only performs tasks related to patient care, such as documenting their condition and writing care plans.
Explanation:
Nurses have some administrative work, but they primarily care for patients. This includes writing care plans and documenting conditions. Medical assistants usually perform management tasks such as answering phones and scheduling patients.
a manager's unfamiliarity with other cultures adds to the ________ of foreign environments.
The manager's unfamiliarity with other cultures adds to the complexity and challenges of foreign environments.
It is crucial for a manager to have a good understanding and awareness of different cultures to effectively navigate and succeed in a foreign business setting. Without this knowledge, misunderstandings and cultural faux pas can occur, leading to a breakdown in communication and relationships with foreign clients and partners.
Understanding and familiarizing oneself with the foreign culture will help the manager in better communicating with the client and form a stronger bond with the clients and partners and drive the company's agenda forward that will result in widening the scope of his work.
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No matter if you are underweight, overweight, or at an appropriate weight, you still need exercise. A. true B. false
Answer:
A. true
Explanation:
Exercise helps people lose weight and lower the risk of some diseases. Exercising regularly lowers a person's risk of developing some diseases, including obesity, type 2 diabetes, and high blood pressure. Exercise also can help keep your body at a healthy weight. Exercise can help a person age well.
A new parent-focused website is adding a blog to attract readers. Which of the following elements are likely to be discussed at the project plan approval meeting?
a.)
The editing guidelines document for the new blog
b.)
Preferred methods for communicating schedule changes
c.)
A list of topics that will be covered each week in the new blog
d.)
A review of the number of days assigned to testing the changes to the website
Answer: d
Explanation: :()
Jake, an individual calendar year taxpayer, incurred the following transactions. Gross receipts $800,000 Less: Cost of sales (300,000) Net business income $500,000 Capital gain $30,000 Capital loss (90,000) (60,000) Total income $440,000 Assuming that any error in timely reporting these amounts was inadvertent, how much omission from gross income would be required before the six-year statute of limitations would apply
In order for the six-year statute of limitations to apply, the omission from gross income would need to exceed $60,000 in the given scenario.
The statute of limitations determines the time period within which the IRS can audit or assess additional taxes on a taxpayer. Generally, the statute of limitations for income tax purposes is three years from the date the tax return was filed or the due date of the return, whichever is later. However, in cases where there is a substantial omission of gross income, the statute of limitations is extended to six years. In the given scenario, the individual taxpayer's total income is $440,000, which includes net business income of $500,000 and a capital loss of $60,000. To determine the amount of omission required for the six-year statute of limitations to apply, we need to consider the net business income since capital gains and losses are already included in the total income.
Since the net business income is $500,000, any omission from gross income exceeding this amount would trigger the six-year statute of limitations. However, in this case, the omission required is $60,000, which is the capital loss that has already been accounted for in the total income figure. Therefore, in the given scenario, an omission from gross income exceeding $60,000 would be required for the six-year statute of limitations to apply.
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explain the importance of an office for the successful functioning of organisation ? (Long question answer)
Answer:
An office is a location the management of a business can use for the planning, organization, control, direct, and recruit staffs for a business. An office is the place information records are kept and it is used as the channel through which the business makes communication with other businesses, individuals and the public.
The smooth operations of an organization requires the availability of an office as it is the place the business activities are performed
An office is as important to an organization as the brain is to the body of a living organism
Explanation:
in a market economy, who or what decides which occupations thrive and which occupations fade away?
In a market economy, it is the forces of supply and demand that decide which occupations thrive and which occupations fade away. When there is a high demand for a certain product or service, the occupations associated with that product or service will thrive.
In the term of economic, supply and demand generally can be defined as relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity. On the other hand, when there is a low demand for a certain product or service, the occupations associated with that product or service will fade away. Therefore, it is the consumers and their preferences that ultimately determine which occupations thrive and which occupations fade away in a market economy.
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on 1/31/y1, bailey company leased a new machine from sussex corp. the following data relate to the lease transaction at its inception: lease term 10 years annual rental payable at beginning of each lease year $50,000 useful life of machine 15 years implicit interest rate 10% present value of an annuity in advance for 10 periods at 10% 6.76 present value of annuity in arrears for 10 periods at 10% 6.15 fair value of the machine $400,000 the lease has no renewal option, the possession of the machine reverts to saxe when the lease terminates. at the inception of the lease, clay should record a lease liability of
At the start of the lease agreement, Bailey Company should recognize a lease liability of $357,184. This calculation is based on the present value of the lease payments.
The lease payments are determined by multiplying the annual lease payment of $50,000 by the present value of an annuity in advance for 10 periods at a discount rate of 10%, which equates to 6.76. Thus, the annual lease payment amounts to $50,000 multiplied by 6.76, resulting in $338,000.
To determine the lease liability, this annual lease payment is discounted at the implicit interest rate of 10% over the lease term of 10 years, leading to a present value of $357,184.
Consequently, this is the amount that Bailey Company is obligated to pay to Sussex Corp. for utilizing the leased machine over the lease period.
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12. As the second trial began, what happened to Ruby Bates?
She was missing and they could not find her.
What difficulties may come when the proffession
scelected with out ability and interested 'Mention
any five
Answer:
1. Lack of Vision
2. Lack of Focus
3. Lack of Willpower
4. Trying to Please Everyone
5. Fear
6. The Average Mentality
7. The Pursuit of Perfection
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of _____.
an efficient monetary policy
a national economy
a competitive marketplace
sound financial management
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.
What is the market?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.
As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.
Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.
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+50 pts Which examples demonstrate common Therapeutic Services workplaces and employers? Check all that apply.
Reiko owns and operates her own private chiropractic practice.
Barney performs experiments in a research laboratory at a university.
Harmony assists with surgeries in a nonprofit community hospital.
Lionel listens to audio recordings and transcribes them in his home office.
Piper prepares food for customers in a restaurant.
Ian helps patients with basic tasks in their own homes.
Answer:a, c, f
Explanation:just got it right on edge
The following examples demonstrate common Therapeutic Services for workplaces and employers.
Reiko owns and operates her own private chiropractic practice.Harmony assists with surgeries in a nonprofit community hospital.Ian helps patients with basic tasks in their own homes.The correct options are A, C, and F.
What is the difference between therapy and therapeutics?An expert in mental health must be present and collaborating with you for something to be deemed "therapy." Even though the effects of therapy might be therapeutic, only the time spent with the mental health counselor actually counts as therapy.
To address an identified health issue, therapeutic procedures are carried out. The administration of prescription drugs, surgical procedures, and psychotherapy are just a few of the diverse processes that they cover. You have the chance to examine your thoughts, feelings, and behavioral patterns by working with a psychologist, therapist, or counselor in a therapeutic relationship. It can also assist you in picking up new coping mechanisms and methods to better handle the daily stresses and symptoms connected to your diagnosis.
Thus, the ideal selection is options A, C, and F.
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suppose the input costs associated with manufacturing office furniture increase over time. this would lead to a(n): group of answer choices increase in the supply of furniture, lower prices, and an increase in the equilibrium quantity. decrease in quantity supplied and lower prices. increase in demand and higher prices. decrease in the supply of furniture, higher prices, and a decrease in the equilibrium quantity.
The input costs associated with manufacturing office furniture increase over time, it would lead to a decrease in the supply of furniture, higher prices, and a decrease in the equilibrium quantity.
In economics, the supply of a commodity is the total quantity of that commodity that sellers are willing and able to offer for sale at a given time and at a given price.Similarly Input costs are defined as the costs incurred in order to produce something or manufacture a product, usually including the cost of raw materials and labor.
Thus, it's evident that an increase in the input costs would lead to an increase in the total production cost of a product such as office furniture.If the input costs increase over time, this would cause a decrease in the supply of office furniture.
As a result, this decrease in supply would lead to higher prices for office furniture since the demand is still present. Consequently, the higher prices of office furniture would result in a decrease in the equilibrium quantity since fewer people would be willing to buy furniture at higher prices.
Therefore, the answer is a decrease in the supply of furniture, higher prices, and a decrease in the equilibrium quantity.
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Why do you suppose the federal government, as an employer, is interested in employee retention? (Select all that apply.)
It is costly to replace an employee; not only does the employer lose productivity but they have to train the replacement employee.
The federal government must maintain a very large bureaucracy to function and they cannot afford losing any employees.
The skills developed on the job grow the longer the employee is in that position, making them a more valuable.
Many federal employees have national security information that cannot be repeated once the employee leaves the position.
Answer:
It is costly to replace an employee; not only does the employer lose productivity but they have to train the replacement employee.
The skills developed on the job grow the longer the employee is in that position, making them a more valuable.
Explanation: i just had the same homework
sorry if im late
What was the purpose of the pandemic influenza Strategic Plan?
These strategies attempted to halt, restrict, or otherwise limit the spread of a pandemic to the United States, while also limiting domestic spread, minimizing sickness, misery, and mortality, and sustaining infrastructure and neutralizing the consequences on the economy and society as a whole.
What is the most prevalent cause of influenza?The flu causes severe damage to the lungs, nose, and throat. The most vulnerable include young children, the elderly, pregnant women, and those suffering from chronic conditions or with compromised immune systems. Symptoms include fever, muscle discomfort, cough, congestion, headaches, and fatigue. Rest and water are common flu remedies because they allow the body to combat the sickness on its own. Anti-inflammatory pain medicines sold over-the-counter may aid with symptoms. A annual flu vaccination can aid in both prevention and treatment of the flu. The flu is caused by influenza viruses infiltrating the nose, throat, and lungs. When people with the flu cough, sneeze, or talk, virus droplets are released into the air and perhaps into the mouths or noses of others around them.
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What product are you making to bring Toys R Us back?
Answer:
An exclusive amazon alexa that's for little little kids, like toddlers that doubles as a camera
Explanation:
1.Discuss scale of business -micro, small, and medium enterprises -Large scale enterprises and public enterprises -MNC
Answer:
The main difference between these business is the investment and number of people.
Explanation:
A micro enterprise is an enterprise where investment in plant and machinery is less than one million whereas small enterprise has the investment less than 15 million in plant and machinery. A medium enterprise is an enterprise where the investment in plant and machinery is more than 15 million and less than 100 million. Large scale enterprises is a type of enterprise have more employees and more complex management than in the medium-scale businesses. Public enterprise is a type of business organization wholly or partly owned by the state but controlled through a public authority.
Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
brieáy explain whether and if so how an increase in taxes a§ects the (i) is curve, (ii) the lm curve, and (iii) the phillips curve.
an increase in taxes affects the IS curve by shifting it to the left, may cause the LM curve to shift to the right in the long run, and results in a movement along the short-run Phillips curve.
(i) IS Curve: The IS curve represents the equilibrium in the goods market, where investment equals savings. An increase in taxes reduces disposable income, leading to a decrease in consumption. As a result, the aggregate demand decreases, causing the IS curve to shift to the left.
(ii) LM Curve: The LM curve represents the equilibrium in the money market, where money supply equals money demand. An increase in taxes does not directly affect the money market; therefore, the LM curve remains unchanged in the short run. However, if the decrease in aggregate demand due to higher taxes leads to a reduction in output and income, this may cause the demand for money to decrease, shifting the LM curve to the right in the long run.
(iii) Phillips Curve: The Phillips curve shows the relationship between inflation and unemployment. An increase in taxes reduces aggregate demand, leading to lower output and higher unemployment. This would typically result in a movement along the short-run Phillips curve, indicating a trade-off between inflation and unemployment. However, the long-run Phillips curve remains vertical as there is no long-term trade-off between inflation and unemployment. In the long run, the economy will return to its natural rate of unemployment, regardless of the inflation rate.
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For example, if Mr. Farmer borrows $100,000 for one year—at a simple interest rate of 5%—he will pay 100,000 x 5% x 1, or $5000, to borrow the money for one year. Loans usually charge fees. Simple interest does not include these fees, so it will often not reflect the total cost of a loan. Simple interest also does not include the compounding effects of interest charged over time.
In the example provided, Mr. Farmer borrows $100,000 for one year with a simple interest rate of 5%. To calculate the interest he will pay for borrowing the money, we use the formula: Principal x Interest Rate x Time. In this case, it is 100,000 x 5% x 1, which equals $5,000. This means that Mr. Farmer will pay $5,000 in interest to borrow the money for one year.
It's important to note that simple interest does not include any additional fees that may be associated with loans, such as origination or service fees. These fees can increase the total cost of a loan, but they are not included in the simple interest calculation. As a result, simple interest may not accurately reflect the full cost of borrowing money.
Furthermore, simple interest does not take into account the compounding effects of interest charged over time. Compounding refers to the process of earning interest on both the principal and the previously earned interest, which can increase the total amount of interest paid on a loan.
Simple interest calculations only consider interest earned on the original principal amount, which can result in an underestimation of the total interest paid over time.
In summary, while simple interest provides a straightforward method for calculating the interest paid on a loan, it does not include additional fees or the compounding effects of interest over time. Consequently, it may not accurately represent the true cost of borrowing money.
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