rogue drafting has equity with a market value of $450,000 and debt with a market value of $350,000. if debt has an after-tax cost of 8% and common stock has a before-tax cost of 12% and the firm has a tax rate of 40%; what is the wacc?
Answers
The WACC is 8.65%, the firm has tax rate of 40%.
What is WACC?The weighted average cost of capital is the rate that a company anticipates charging all of its security holders to fund its assets on average (WACC). The cost of capital for the company is frequently referred to as the WACC. The fact that the external market, not management, governs it, is significant. The WACC is the rate of return a company has to get on its base of existing assets in order to appease its owners, creditors, and other financiers; otherwise, they will search elsewhere to invest their resources. Companies can raise capital using a number of different methods, such as the sale of common stock, preferred stock with attached rights, straight debt, convertible debt, pension obligations, government grants, and so forth.
WACC = 47.37%*8%*(1 – 0.30) + 0.1579*10% + 36.84%*12%
= 2.65272% + 1.5790% + 4.4208%
= 8.65252%
To learn more about WACC, visit:
https://brainly.com/question/13884060
#SPJ4
Related Questions
he set of activities that transforms raw resources into the goods and services end users purchase and consume is called the:
Answers
Answer:
Value chain
Explanation:
As seen above, a value chain can be defined as the activities that transform raw materials into goods and services. That is the process that raw materials underwent to become something of value to end users that they can either purchase or that is edible.
Cheers
Seed capital pays for which of the following?
A. Operating expenses for the first year of a new business
B. Expanding production and advertising budgets
C. Funding for research and development of a business idea
D. Competitive wages for high-tech workers
Edit: It's C
Answers
Answer:
It's C !
Explanation:
Hope you have a good day!
Seed capital pays for: C. Funding for research and development of a business idea.
The seed capital pays for market research for initial steps of product development. For example, development of the prototype or paying for all operating expenses like legal costs.
Seed capital provides operating expenses for the entire process of business. Hence, A is incorrect.
It has no role directly in the expansion of production and advertising budgets. Hence, B is incorrect.
It has no role in decision of competitive wages for high tech workers. Hence, D is incorrect.
Hence, C is correct option.
Learn more about market research:
https://brainly.com/question/18723483
What is the goal of networking? (5 points)
To conduct research that can help you pass certification tests
To discover business ideas you can claim as your own
To learn and expand one's business connections
To socialize and raise money for local charities
Answers
Answer:
The correct answer is option 3, To learn and expand one's business connections.
Explanation:
The primary goals of networking are to gain valuable business connections, learn of potential business or career opportunities, and share knowledge & ideas, among others. When executed correctly, this process is mutually beneficial.
Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False
Answers
Answer:
The given statement is "False".
Explanation:
Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.What is a public good?
A A public good is a product or service that one consumer can prevent another consumer from using, and is not accessible without
payment
B A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without
payment
C A public good is a product or service that one consumer cannot prevent another consumer from using, and is not accessible without
payment
D A public good is a product or service that one consumer can prevent another consumer from using, and is accessible without payment.
Answers
I believe your answer is B
A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without payment
The shared value creation framework is a tool intended to help businesses ______.
Answers
The shared value creation framework is a tool intended to help businesses benefit all stakeholders, not just shareholders.
What is meant by stakeholders?According to the definition of a stakeholder of a corporation found in a 1963 internal Stanford Research Institute paper, a stakeholder is a member of "groups without whose support the organization would cease to exist". R. Edward Freeman later developed and promoted the theory in the 1980s.
Any person, entity, or party with an interest in a business and the results of its operations is considered a stakeholder. Employees, clients, shareholders, suppliers, communities, and governments are typical examples of stakeholders.
A stakeholder is a person or group whose support is necessary for an enterprise to succeed and who has an interest in it, whether vested or unvested. Stakeholders first appeared in horse racing.
To learn more about stakeholders refer to:
https://brainly.com/question/15532995
#SPJ4
You have been working for five years after college and are ready to buy your first home. Homes in the area you want to live in cost $550,000. The biggest mortgage you can afford is $300,000. What is the down payment you will need to pay
Answers
Based on the information given the down payment you will need to pay is $250,000.
Using this formula
Down payment=Building cost -Mortgages
Where:
Building Cost = $550,000
Mortgages = $300,000
Let plug in the formula
Down payment=$500,000-$300,000
Down payment=$250,000
Inconclusion the down payment you will need to pay is $250,000.
Learn more here:https://brainly.com/question/25207929
How many different federal taxes are listed?
Answers
Answer:
There are two types of taxes namely, direct taxes and indirect taxes.
Explanation:
12 specific taxes, four within each main category—earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes; buy: sales taxes, gross receipts taxes, value-added taxes, and excise taxes; and own: property taxes, tangible personal property taxes, estate and inheritance taxes, and wealth taxes.
Answer:
2!
Explanation:
direct taxes and indirect taxes! hope this helps! plz mark as brainliest!
You plan to set aside $500 for 5 years. The account pays annual interest of 8 percent, compounded quarterly. The ending balance (principal plus interest) will be ___at the end of 5 years.
Answers
Answer:
$942.27
Explanation:
The applicable formula for this case is A = p x ( 1 + r) ^ n
Where A is the amount after 5 years
p = Principal amount: $500
r = Interest rate : 8 % or 0.08 per year.
quarterly interest rate = 0.08/4 = 0.02
n = number of period : 8 year or 32 quarters (8 years x 4 )
A = $500 x (1 + 0.02) ^32
A= $500 x (1.02)^32
A =$500 x 1.88454
A=$942.27
Amount after five years will be $942.27
Currency futures contract is not only related to multinational
companies (MNCs) but domestic companies also somehow will involve
in this transaction. Critically evaluate this statement.
Answers
Currency futures contracts are financial instruments that allow parties to buy or sell a specific amount of currency at a predetermined price and future date
The statement that currency futures contracts are not only related to multinational companies (MNCs) but domestic companies also somehow get involved is valid. Currency futures contracts are financial instruments that allow parties to buy or sell a specific amount of currency at a predetermined price and future date. While MNCs typically engage in currency futures contracts to hedge against foreign exchange risk, domestic companies can also participate for various reasons.
Here are some points to critically evaluate this statement:
Import and Export Companies: Domestic companies involved in international trade may use currency futures contracts to manage currency fluctuations when buying or selling goods and services across borders. By locking in a specific exchange rate through futures contracts, these companies can protect themselves from adverse currency movements.
Financial Institutions: Domestic banks and other financial institutions play a crucial role in facilitating currency futures transactions. They act as intermediaries, providing access to the futures market for domestic companies, and also engage in proprietary trading of currency futures to manage their own currency exposures.
Investors and Speculators: Domestic companies, including institutional investors and individual traders, may participate in currency futures contracts for speculative purposes. These participants aim to profit from anticipated currency movements by taking positions in the futures market. Their involvement adds liquidity and depth to the market.
Hedging Financial Investments: Domestic companies with investments in foreign securities or assets may use currency futures contracts to hedge against currency risk. By entering into futures contracts, they can mitigate the potential impact of adverse exchange rate movements on their investments.
Government and Public Institutions: Even government entities, central banks, and public institutions may utilize currency futures contracts to manage foreign exchange exposures resulting from international transactions or reserves management. These organizations play an important role in the currency futures market, contributing to overall market activity.
It is important to note that while domestic companies can participate in currency futures contracts, their involvement may vary depending on their specific needs, resources, and risk management strategies. The extent of participation may differ from MNCs, but it does not diminish the relevance and impact of domestic company involvement in currency futures transactions.
learn more about contracts here
https://brainly.com/question/984979
#SPJ11
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock?
Answers
The value of each share if you calculate it as $1,000,000/2,000 =500.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
The process of announcing new shares of stock to the people for the first time in a private company is known as an initial public offering (IPO). An IPO allows a company to request equity capital from the general public.
The business has grown as a pre-IPO private company with a very small number of proprietors who own the stock in the company.
Learn more about the initial public offering, here:
brainly.com/question/3068229
#SPJ1
The complete question is Probably
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =
use the adjusted accounts for stark company to prepare the (1) income statement and (2) statement of retained earnings for the year ended december 31 and (3) balance sheet at december 31. the retained earnings account balance was $79,800 on december 31 of the prior year.
Answers
To prepare the financial statements for Stark Company, we need to prepare Income Statement, Statement of Retained Earnings and Balance Sheet.
We will follow these steps:
1. Income Statement:
- Start with the adjusted accounts and gather the revenue and expense information.
- Deduct the total expenses from the total revenue to calculate the net income.
- Include the net income as the bottom line of the income statement.
2. Statement of Retained Earnings:
- Begin with the opening balance of retained earnings, which is given as $79,800.
- Add the net income from the income statement to the opening balance.
- Deduct any dividends declared during the year.
- The resulting amount will be the closing balance of retained earnings.
3. Balance Sheet:
- Use the adjusted accounts to compile the balances of the company's assets, liabilities, and equity.
- List the assets on one side of the balance sheet and the liabilities and equity on the other side.
- Ensure that the total assets equal the total liabilities and equity.
By following these steps, you will be able to prepare the income statement, statement of retained earnings, and balance sheet for Stark Company at December 31.
Learn more about net income from the given link:
https://brainly.com/question/32614743
#SPJ11
To prepare the financial statements for Stark Company, start with the adjusted account balances. For the income statement, calculate net income by subtracting total expenses from total revenue. For the statement of retained earnings, start with the beginning balance of retained earnings, add net income, and subtract dividends. For the balance sheet, categorize the accounts into assets, liabilities, and equity and calculate the totals.
To prepare the financial statements for Stark Company, we'll follow these steps:
1. Income Statement:
- Gather the adjusted account balances for the year ended December 31.
- Identify the revenue and expense accounts from the adjusted accounts.
- Calculate the net income by subtracting total expenses from total revenue.
- Format the income statement with revenue, expenses, and net income.
2. Statement of Retained Earnings:
- Start with the beginning balance of retained earnings ($79,800).
- Add net income from the income statement.
- Subtract dividends or withdrawals (if any) during the year.
- The resulting amount will be the ending balance of retained earnings.
3. Balance Sheet at December 31:
- Gather the adjusted account balances for December 31.
- Separate the accounts into assets, liabilities, and equity.
- Arrange the accounts in the order of liquidity (e.g., cash first).
- Calculate the total assets and total liabilities and equity.
- Format the balance sheet with the calculated amounts.
1. Income Statement:
- Let's assume that the adjusted accounts show total revenue of $200,000 and total expenses of $150,000.
- To calculate the net income, subtract total expenses from total revenue: $200,000 - $150,000 = $50,000.
- Format the income statement as follows:
Income Statement
Revenue: $200,000
Expenses: $150,000
Net Income: $50,000
2. Statement of Retained Earnings:
- Assume the beginning balance of retained earnings is $79,800.
- Add the net income from the income statement: $79,800 + $50,000 = $129,800.
- If there were no dividends or withdrawals, the ending balance of retained earnings would be $129,800.
3. Balance Sheet at December 31:
- Assume the adjusted accounts show the following balances:
- Cash: $30,000
- Accounts Receivable: $20,000
- Inventory: $40,000
- Property, Plant, and Equipment: $100,000
- Accounts Payable: $25,000
- Long-Term Debt: $50,000
- Format the balance sheet as follows:
Balance Sheet
Assets:
Cash: $30,000
Accounts Receivable: $20,000
Inventory: $40,000
Property, Plant, and Equipment: $100,000
Total Assets: $190,000
Liabilities:
Accounts Payable: $25,000
Long-Term Debt: $50,000
Total Liabilities: $75,000
Equity:
Retained Earnings: $129,800
Total Equity: $129,800
Total Liabilities and Equity: $204,800
To know more about equity, visit:
https://brainly.com/question/33585348
#SPJ11
Question #2: Why should we simplify expressions in algebra Using race
Answers
Answer:
Why should we simplify expressions in algebra Using race?
Learning how to simplify an expression is the most important step in understanding and mastering algebra. Simplification of expressions is a handy mathematics skill because it allows us to change complex or awkward expressions into simpler and compact forms.
xXxAnimexXx
Have a great day!
Aspirin lab
Based upon the observed results, what can you conclude about the purity of your product?
Answers
A Visual Spectrophotometer may be used to assess the quantity and purity of acetylsalicylic acid in aspirin. This is why: Aspirin creates violet tetraaquosalicylatroiron complex when iron is added to it. Simply expressed, there is an apparent violet color response.
Out of a potential output of 2.52 grams, 2.169 grams of pure aspirin were synthesized in total. Hence, the product yield was 86.07%. Salicylic acid is acetylated to make aspirin less acidic and less harmful to the human body's digestive system.
The United States Pharmacopeia (USP) is responsible for defining medicine standards (6). CgH8O4 content in aspirin tabs must be between 95 and 105 percent of the quantity specified on the label (acetylsalicylic acid). CgH9NO2 has a similar proportion (acetaminophen).
To learn more about aspirin, visit:
https://brainly.com/question/29133232
#SPJ4
Can I Plss get some help on this
Answers
If the unemployment rate is 10%, the relevant fiscal policy action would be to A. increase government spending.
Why should we increase government spending?When government spending is increased, it would lead to more jobs in the economy as the government hires people for projects.
Unemployment would also decrease as companies hire more people to produce as they receive more demand based on the increased government spending.
Find out more on fiscal policy at https://brainly.com/question/6583917.
#SPJ1
On March 1, 2021, Beldon Corporation purchased land as a factory site for $60,000. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2021. Costs incurred during this period are listed below: Demolition of old building Architect's fees (for new building) Legal fees for title investigation of land Property taxes on land (for period beginning March 1, 2021) Construction costs Interest on construction loan $ 4,000 12,000 2,000 3,000 500,000 5,000 Salvaged materials resulting from the demolition of the old building were sold for $2,000. Required: Determine the amounts that Beldon should capitalize as the cost of the land and the new building. Complete this question by entering your answers in the tabs below. Cost of Land Cost of New Building Determine the amounts that Beldon should capitalize as the cost of the land. (Amounts to be deducted should be indicated with a minus sign.) Capitalized cost of land: Total cost of land Cost of Land Cost of New Building Determine the amounts that Beldon should capitalize as the cost of the new building. Capitalized cost of building: Total cost of building Cost of Land Cost of New Building
Answers
Beldon should set aside $64,000 for the cost of the land and $517,000 for the cost of the new building.
What are stocks?A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges. Government standards designed to shield investors from dishonest tactics must be followed during stock trades.According to our question-
Capitalized cost of land
Purchase price $60,000
Demolition of old building $4,000
Less: Sale of materials $2,000 $2,000
Legal fees for title investigation $2,000
Total cost of land $64,000
Capitalized cost of building :
Construction costs $500,000
Architect's fees $12,000
Interest on construction loan $5,000
Total cost of building $517,000
Beldon should therefore capitalize $64,000 for the cost of the land and $517,000 for the cost of the new building.
learn more about stocks click here:
https://brainly.com/question/26128641
#SPJ4
In an economy where net exports are zero, if saving rises in some period, then in that period:.
Answers
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
What are the stages
of Busines activity??
Answers
Answer:
Business activity takes place at three stages of production: Primary activity involves extracting the gifts of nature (e.g. drilling oil from the ground); Secondary activity involves manufacturing finished goods (e.g. refining oil and gas); Tertiary activity involves providing services such as making finished goods
Answer:
Primary is the first stage, which involves extracting a raw material. The secondary sector is where the raw materials are manufactured into finished products. The final sector is tertiary where a service is provided for the customers.
hope this helps <3
A friend of yours is calling you. He tells you about own cryptocurrency he has created. The coins have little to no value other than as a unit of exchange. That would not stop consumers from buying it, argues your friend, as he refers to similar cryptocurrencies that have experienced a recent surge in demand. The friend thinks his cryptocurrency could see a similar surge in demand if you could help him introduce it to the market. You agree to help him out. You tell your friend that you will get back to him after you thoroughly study potential value propositions. Determining and developing your value proposition.
1. First, you are going to identify and outline 3 market segments that operate in this fragmented market. Make sure to document the i) psychographics, ii) demographics, iii) geographics, and iv) the segments’ behavioral patterns of these 3 market segments. Substantiate each of the segments that you have identified by referring to both a piece of qualitative data and a piece of quantitative data that you have come across during your market research
Next, you will target 1 segment toward which you will be directing your marketing efforts. Argue why you believe your resources are best spent targeting this market segment.
Write a positioning statement. Use the following format: "To [target segment and need] our [brand] is [concept] that [point of difference]. Explain the rationale behind your formulation. Refer to Maslow’s Hierarchy of Needs to explain what need(s) you will focus on.
Establish your communication objective. On which of the five levels of the Hierarchy of Effects will you be focusing? Explain why you believe this communication objective suits your product in this stage best.
Answers
Market segments that operate in this fragmented market are
Segment 1: Crypto Enthusiasts
i) Psychographics: Tech-savvy, early adopters, risk-takers ii) Demographics: Age 18-34, male, high income, educated iii) Geographic: Global, with a concentration in tech hubs such as San Francisco, New York, and London iv) Behavioral patterns: Regularly invest in cryptocurrencies, follow industry news and trends
Segment 2: Small Business Owners i) Psychographics: Entrepreneurial, innovative, cost-conscious ii) Demographics: Age 25-54, both male and female, small business owners or managers iii) Geographic: Primarily located in urban areas, with a concentration in tech hubs such as San Francisco, New York, and London iv) Behavioral patterns: Seek innovative solutions to improve their businesses, are cost-conscious and value-oriented
Segment 3: Remittance Senders i) Psychographics: Migrants, value-oriented, tech-savvy ii) Demographics: Age 25-54, male and female, migrants who regularly send money to their home countries iii) Geographic: Global, with a concentration in countries such as the United States, Canada, and the United Kingdom iv) Behavioral patterns: Seek fast, affordable, and secure ways to send money to their families and friends in their home countries
Segment 1.Qualitative data: According to a survey conducted by Coin Desk, 83% of respondents believe that cryptocurrencies are a good investment opportunity.
Quantitative data: The global cryptocurrency market size is expected to reach $5.19 billion by 2026, growing at a CAGR of 30.2% from 2020 to 2026 (Source: Allied Market Research).
Segment 2.Qualitative data: According to a survey conducted by the National Small Business Association, 64% of small business owners believe that technology is essential to their business operations.
Quantitative data: The global small business accounting software market size is expected to reach $13.9 billion by 2027, growing at a CAGR of 10.5% from 2020 to 2027
Segment 3.Qualitative data: According to a survey conducted by the World Bank, global remittance flows are expected to decline by 7.2% in 2021 due to the COVID-19 pandemic.
Quantitative data: The global digital remittance market size is expected to reach $48.85 billion by 2026, growing at a CAGR of 24.8% from 2019 to 2026
`2. Target Market Segment:
Based on the market research, the target market segment for our cryptocurrency will be the Crypto Enthusiasts segment. This segment is the most likely to invest in cryptocurrencies, and they have a higher tolerance for risk. They are early adopters and are constantly seeking new investment opportunities in the crypto market.
3. Positioning Statement:
To Crypto Enthusiasts who seek high-potential investments, our cryptocurrency is a cutting-edge digital asset that offers low transaction fees and fast transaction times, providing a unique investment opportunity in the growing cryptocurrency market.
Rationale: The positioning statement focuses on the point of difference of low transaction fees and fast transaction times, which are essential for crypto enthusiasts who are looking for high-potential investments. This aligns with Maslow's Hierarchy of Needs as it targets the need for self-actualization, which is the desire to achieve one's full potential and seek personal growth.
To know more about Market segments here
https://brainly.com/question/28067681
#SPJ4
which of the following is a positive externality? group of answer choices after measles vaccinations increase by 20%, the number of cases of measles falls by 35%. after a large stadium is built in a neighborhood, homeowner property values in the neighborhood fall because of noise and traffic. after the price of dental care decreases, more people can afford regular dental check-ups. researchers develop a new drug that effectively treats a devastating disease that previously had no cure.
Answers
The positive externality from the given options is "researchers develop a new drug that effectively treats a devastating disease that previously had no cure." option (3)
A positive externality occurs when the actions of individuals or firms result in benefits to third parties, without any compensation. The development of a new drug not only benefits the patients suffering from the disease but also has a spillover effect on the community.
It reduces the social cost of the disease and creates positive health outcomes. Moreover, this leads to a reduction in the burden on the healthcare system, improves productivity, and raises the standard of living in the community. In short, the new drug creates a win-win situation for the patients and the community, making it a vital positive externality.
Learn more about positive externality
https://brainly.com/question/22932430
#SPJ4
which of the following is a positive externality? group of answer choices after measles vaccinations increase by 20%, the number of cases of measles falls by 35%.
after a large stadium is built in a neighborhood, homeowner property values in the neighborhood fall because of noise and traffic. after the price of dental care decreases, more people can afford regular dental check-ups. researchers develop a new drug that effectively treats a devastating disease that previously had no cure.what did not contribute to the collapse of the stock market in 1929?
Answers
Answer: stock prices reflected the real value of companies
Explanation:
The best reason to record income at the top of a budget is
a. to easily add expenses to it.
b. to know how much money is available.
c. to avoid spending too much money.
d. to see that is is more important than expenses.
Answers
B) To know how much money is available.
You can clearly see how much money you have available to spend or save by listing revenue at the top of a budget.
Making judgments on how to divide your money and prioritize your expenses requires knowledge of this information.
You may see how much money is available to cover your bills, pay off debts, and save for the future by putting revenue at the top of your budget.
To learn more refer here:
https://brainly.com/question/8348861?referrer=searchResults
Why is a brand important to a business?
Answers
the reciprocal method of departmental cost allocation is preferred over the step method because it takes into account all the reciprocal flows between: multiple choice similar, but separate products. the service departments. multiple products. the producing departments. competing departments.
Answers
The reciprocal method of departmental cost allocation is preferred over the step method because it takes into account all the reciprocal flows between multiple products.
The reciprocal method allocates costs to different departments by assigning a cost to each department based on its relative share of the costs for all departments. This results in a more accurate allocation of costs since it captures all of the flows between departments and products, not just the direct costs.
The reciprocal method of departmental cost allocation is preferred over the step method because it takes into account all the reciprocal flows between the service departments. The reciprocal method of departmental cost allocation is a process that allocates the cost of support departments to producing departments and other support departments.
This method takes into account the mutual support that occurs between support departments. The reciprocal method of departmental cost allocation is preferred over the step method because it considers all the reciprocal flows between the service departments. By doing this, it results in more accurate and fair cost allocations than the step method.
A company has several service departments that support production departments. These service departments may support each other, and the reciprocal method of departmental cost allocation considers these mutual support activities. When allocating support costs, the cost of each service department is distributed to other service departments and production departments that use it.
The service departments will need the assistance of other service departments as well, and this is where the reciprocal method becomes crucial. As a result, the reciprocal method is the most reliable method for allocating costs to multiple departments.
Learn more about reciprocal method of departmental cost allocation here:
brainly.com/question/30126742
#SPJ11
What's the difference between product and brand?
Answers
Answer:
A product is made by a company and can be purchased by a consumer in exchange for money while brands are built through consumer perceptions, expectations, and experiences with all products or services under a brand umbrella. For example, Toyota's product is cars. ... Without a product, there is no need for a brand.
what are 5 steps that a salesperson should follow when using a suggestion selling technique?
Answers
1)no the goods
2)good reputation
3)understand the business
4)cooperate with buyers
5)involve sales girl or boy if needed
Flounder Corp. uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 100 $ 500 12 Purchases 385 6 2,310 Purchases 1,400 Inventory 230 Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ e Textbook and Media Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory $ The cost of goods sold
Answers
The cost of ending inventory and the cost of goods sold under the average-cost method are $1,383.68 and $7,624.32, under the LIFO $1,150 and $9,082.95, and $1,402.70 and $7,660.65, under the FIFO, respectively.
The weighted average unit cost for Flounder Corp. is calculated as follows:
June 1 Inventory: 100 units × $5 = $500
June 12 Purchases: 385 units × $6 = $2,310
June 2 Purchases: 1,400 units × $6.09 = $8,526
Total Cost: $11,336
Total Units: 100 + 385 + 1,400 = 1,885
Weighted average unit cost = Total cost / Total units= $11,336 / 1,885= $6.016
Under the FIFO method, the first-in, first-out method, the cost of goods sold is calculated by assuming that the oldest goods (first-in) are sold first. The cost of the ending inventory is calculated by taking the cost of the most recent inventory and working backwards until all units in inventory are accounted for.
For Flounder Corp, the FIFO method would calculate the cost of the ending inventory and the cost of goods sold as follows:
Cost of ending inventory: 230 units × $6.09 = $1,402.70
Cost of goods sold: (100 units × $5) + (385 units × $6) + (1,400 units - 230 units) × $6.09 = $7,660.65
Under the LIFO method, the last-in, first-out method, the cost of goods sold is calculated by assuming that the most recent goods (last-in) are sold first. The cost of the ending inventory is calculated by taking the cost of the oldest inventory and working forward until all units in inventory are accounted for. For Flounder Corp, the LIFO method would calculate the cost of the ending inventory and the cost of goods sold as follows:
Cost of ending inventory: 230 units × $5 = $1,150
Cost of goods sold: (1,400 units × $6.09) + (385 units - 230 units) × $5 = $9,082.95
Under the average-cost method, the cost of goods sold is calculated by using the weighted average unit cost. The cost of the ending inventory is calculated using the same weighted average unit cost. For Flounder Corp, the average-cost method would calculate the cost of the ending inventory and the cost of goods sold as follows:
Cost of ending inventory: 230 units × $6.016 = $1,383.68
Cost of goods sold: (100 units × $5) + (385 units × $6) + (1,400 units - 230 units) × $6.016 = $7,624.32
Flounder Corp's cost of ending inventory and cost of goods sold is calculated using the weighted average unit cost method, the first-in, first-out (FIFO) method, the last-in, first-out (LIFO) method, and the average-cost method.
The weighted average unit cost is $6.016.
The cost of ending inventory and the cost of goods sold under the FIFO method are $1,402.70 and $7,660.65, respectively.
The cost of ending inventory and the cost of goods sold under the LIFO method are $1,150 and $9,082.95, respectively.
The cost of ending inventory and the cost of goods sold under the average-cost method are $1,383.68 and $7,624.32, respectively.
To know more about inventory visit
brainly.com/question/31146932
#SPJ11
The key benefit of countries engaging in trade based on comparative advantage is that:A.) both countries will be able to consumer more than with no tradeB.) it allows countries to produce efficiently inside their individual PPFsC.) it allows both countries to maximize their opportunity costD.) None of these is a key benefit
Answers
The main advantage of countries trading based on comparative advantage is that (A) both nations will be able to consume more than they would without trade.
What is trade?Transferring products and services from one person or institution to another includes trade, frequently in exchange for cash.
A system or network that permits trading is referred to as a market by economists.
Modern traders typically negotiate using a medium of exchange, such as money.
Bartering was an early form of commerce that involved the direct exchange of products and services for other commodities and services.
As a result, selling or earning can be distinguished from buying.
Money's development, along with the creation of paper money, non-physical money, and letters of credit, tremendously facilitated and encouraged trade.
Bilateral trade is trade between two traders, whereas multilateral trade is a trade involving more than two dealers.
Therefore, the main advantage of countries trading based on comparative advantage is that (A) both nations will be able to consume more than they would without trade.
Know more about trade here:
https://brainly.com/question/17727564
#SPJ4
Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answers
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.