Which one of the following statements related to WACC is correct for a firm that uses debt in its capital structure?
The WACC will decrease as the corporate tax rate decreases.
The WACC should decrease as the firm's debt-equity ratio increases.
The weight of equity is based on the number of shares outstanding and the book value per share.
The WACC will remain constant unless a firm retires some of its debt.
The weight assigned to preferred stock decreases as the market value of the stock increases.
Answers
The WACC should decrease as the firm's debt-equity ratio increases. This is the correct answer to the given question.
Let us understand WACC
WACC stands for weighted average cost of capital for a corporation. In any business, capital markets (both debt and equity) expect returns proportionate to the perceived riskiness of their investments, according to the weighted average cost of capital study.
The average rate of return a business is anticipated to provide to all of its shareholders, including debt holders, equity investors, and preferred equity investors, is known as the weighted average cost of capital (WACC). WACC Formula equals [Cost of Equity*% of Equity] plus [Cost of Debt*% of Debt*(1-Tax Rate)].
WACC is the cost of generating an extra dollar of revenue. For instance, a WACC of 5% suggests that the business needs spend on average $0.05 to obtain an extra $1. It's possible that the $0.05 represents the interest paid on debt or the dividend or capital return demanded by private investors.
Know more about WACC:
https://brainly.com/question/14223809
#SPJ4
Related Questions
Use the drop-down menus to complete statements about audio file formats
The most common file format for consumer storage and playback is
The
audio file was originally used on Apple computers.
The main audio format used in Microsoft Windows is
♡
Answers
Based on audio files available today, the following are true:
Most common file format - .MP3Originally used by Apple - . AIFFMain audio format for Windows - .WAVWhat are some audio formats?The most common file format for audio storage and playback is the .mp3 format which allows is to run on virtually all audio devices.
For audio files, Apple first developed the .aiff format but this has since been replaced. Windows on the other hand, developed the .wav format for audio files.
Find out more on audio files at https://brainly.com/question/20748650.
Suppose apples are currently selling for 50 cents a piece. Someone says that apple
sellers can't make a decent living if they sell their apples so cheaply. This person says
there should be a law stating that no one can sell an apple and no one can buy an apple
for less than 75 cents. A law to raise the income of apple sellers is suggested. What might
be an unintended consequence (effect) of this law?
Answers
Three basic questions of economics are:
a. Why? How? What? b. What? How? For Whom?
c. What? Where? When? d. What? How? Where
Answers
A successful data-driven market segmentation program depends on each of the following except:
a.
the rejection of tradiitional marketing research techniques
b.
the use of transactional and event data
c.
a common definition of market segments across all areas of the business
d.
developing a centralized and accessible CRM (Customer Relationship Management) database
Answers
A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".
The correct option to the given question is option a.
Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.
Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.
Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.
For more such questions on market segmentation , visit:
https://brainly.com/question/15357678
#SPJ8
During a(n) _____ interview, all applicants will be asked the exact same questions.
structured
open
inquiry
behavioral
Answers
Answer:
structured is the correct answer.
Explanation:
on edge.
what is business ?please explain about it
Answers
Answer: business can be defined as an organization dedicated to do commercial and professional activities.
Explanation:
The word business can also be defined as the activities and efforts that a person makes in order to produce money. To do this, the person creates products or sells services to obtain a reward.
Currently, many people are taking the line of entrepreneurship, where they put their own businesses and become their bosses. They themselves develop their model of how they are going to distribute and market the products or services they have so that they reach the population.
The business is something that comes from ancient times. Barter was a way of doing business since if a person was interested in something that another had, they proceeded to make an exchange.
Which of the following markets is an example of monopolistic competition?
Answers
Answer: The restaurant industry
Explanation:
Answer:A new pizza shop promotes a unique new flavor of ice cream
Return on Invested Capital (ROIC) is a profitability ratio that measures how effective the firm is at generating a return for investors who have provided capital (bondholders and stockholders). The ROIC calculation answers three questions: How tax efficient is the firm? How effective are the firm’s operations? How intensively does the firm use capital? Comparing the answers to these questions between firms can help you understand why one firm is more profitable than another and where that profitability is coming from.
In the following, Apple’s ROIC is compared to Blackberry’s. The income statement and balance sheet are provided for both firms. While the ROIC calculation for Blackberry is completed below, you have to complete the calculation for Apple by supplying the correct income statement and balance sheet information. As you fill in this information, the components of Apple’s ROIC will be
calculated along with some supporting ratios. Use these subcomponents and supporting ratios to compare Apple and Blacberry’s performance. Where does Apple’s advantage come from?
This activity demonstrates the calculation of ROIC and the comparison of firm performance, supporting Learning Objective 5-1 and 5-2.
Instructions
Use the income statement and balance sheet information for Apple to fill in the missing items in the calculation of Apple’s ROIC and supporting ratios. Once filled in correctly, compare Apple’s performance to that of Blackberry. Where does Apple have an advantage? Where does Blackberry have an advantage?
Apple, Inc. Blackberry
Income Statement YE Sept 2012 YE Mar 2012
Net sales 156,508
Cost of sales 87,846
Gross margin
Research & development expense 3,381
Selling, general & admin expense 10,040
other operating 0
Total operating expenses
Operating margin
Interest & dividend income 0
Interest expense 0
Other Income / Expense 522
Total Other income
Earnings before taxes
Provision for taxes 14,030
Net income (loss)
Short-term marketable securities
Components 0 Inventories 791 Total current assets
Long-term marketable securities
Other assets
18,423
11,848
1,559
2,600
930
0
0
21
354
Balance sheet YE Sept 2014 YE Mar 30 2012
Cash & cash equivalents 10,746 247
Accounts receivable 10,930 0
Finished goods 0 1,027
68,662
13,421
55,241
522
55,763
41,733
6,575
5,089
1,486
21
1,507
1,153
1,527 3,062 0 1,208
2,733
0 2,645
0
Apple Inc Microsoft Corporation
18,383
Other Current Assets 16,803
Fixed Assets: PP&E (net) 15,452 3,927
0 102,959
57,653
176,064
38,542
19,312
7,071
13,731
3,389
0
Long term assets 6,660
Total assets
Accounts payable Deferred revenue
Total current liabilities Long-term debt
Deferred tax liabilities Other long-term liabilities Long-term liabilities
21,175 0
0 0
Accrued expenses 11,414 0
744
other 5,953
Deferred revenue - non-current 0 0
0
Other non-current liabilities 19,312 242
Total long-term liabilities 242
Answers
Here is the ROIC calculation for Apple, Inc.:
The ROIC calculationNet income (loss) $14,030
Interest expense $0
Taxes $14,030
Net operating profit after taxes $28,060
Average invested capital $176,064
Return on invested capital (ROIC) 15.9%
The following table compares Apple's ROIC to that of BlackBerry:
Company | ROIC
------- | --------
Apple | 15.9%
BlackBerry | 4.9%
As you can see, Apple's ROIC is significantly higher than BlackBerry's. This is due to a number of factors, including Apple's higher gross margin, operating margin, and net income.
Apple also has a lower tax rate than BlackBerry, which helps to boost its ROIC.
Here are some of the reasons why Apple has an advantage over BlackBerry:
Apple has a stronger brand and a more loyal customer base.Apple's products are more innovative and user-friendly than BlackBerry's products.Apple has a more efficient supply chain and a more effective marketing strategy.Blackberry does have some advantages over Apple, such as its strong security features and its experience in the enterprise market. However, these advantages are not enough to offset Apple's overall advantages.
Overall, Apple is a more profitable company than BlackBerry. This is due to a number of factors, including Apple's strong brand, innovative products, efficient supply chain, and effective marketing strategy.
Read more about marketing strategy here:
https://brainly.com/question/25640993
#SPJ1
Many businesses borrow money during periods of increased business activity to finance inventory and accounts receivable. For example, Mattel builds up its inventory to meet the needs of retailers selling to Christmas shoppers. A large portion of Mattel's sales are on credit. As a result, Mattel often collects cash from its sales several months after Christmas. Assume on November 1, 2018, Mattel borrowed $6 million cash from Metropolitan Bank and signed a promissory note that matures in six months. The interest rate was 8.0 percent payable at maturity. The accounting period ends December 31.
Required:
1, 2 & 3. Prepare the required journal entries to record the note on November 1, 2018, interest on the maturity date, April 30, 2019, assuming that interest has not been recorded since December 31, 2018
Answers
Answer:
1. Nov 1, 2018
Cash 6,000,000
Notes Payable (short-term) 6,000,000
2. Dec 31, 2018
Interest Expense 80,000
Interest Payable 80,000
3. Apr 30, 2019
Notes payable (short-term) 6,000,000
Interest Payable 80,000
Interest Expense 160,000
Cash 6,240,000
Explanation:
1. $6,000,000 cash Mattel acquired from Metropolitan Bank for signing a short-term note (matures in six months).
2. 6,000,000 x .08 x 2/12 = 80,000
2 months (Nov and Dec) time that Mattel accrued $80,000 worth of interest.
3. The note was signed for 6,000,000.
Interest payable is the amount that was accrued from the last year, but hasn't been paid yet for $80,000.
Interest expense is the interest amount that is from the current year and is being repaid for $160,000.
Cash is the total (the principal payment and the interest) that Mattel is paying the bank back for borrowing for $6,240,000.
The journal entries of the given case are given in the image below.
What is journal entry?Journal entry is the systematic record of the accounting transactions that is commenced under the usual business in cash. It is the financial transactions.
It is also referred to as the primary accounting procedure, means the financial statement is prepared on the basis of journal entry.
Computation of the amount of journal entry:
On November 2018, the amount of $6,000,000 cash Mattel grown from Metropolitan Bank for signing a short-term note that matures in 6 months.
On December 31, 2018, Mattel accrued $80,000 worth of interest, means :
\(= \$6,000,000 \times .08 \times \dfrac{2}{12} \\= \$80,000\)
Then the amount of Cash is the total, means the principal payment and the interest is that Mattel is paying the bank back for borrowing for $6,240,000 ( \(\$6,000,000 + \$80,000 + \$160,000\)).
Therefore, the journal entries of the above transactions are given in the image below.
Learn more about the journal entry, refer to:
https://brainly.com/question/17439126
TRUE OR FALSE a decline in the net fixed assets account between year-end 2016 and year-end 2017 is a clear indication that fixed assets were sold during 2017.
Answers
"A decline in the net fixed assets account between year-end 2016 and year-end 2017 is a clear indication that fixed assets were sold during 2017." The given statement is false.
A decline in the net fixed assets account between year-end 2016 and year-end 2017 is not necessarily an indication that fixed assets were sold during 2017.
A long-term tangible asset or piece of equipment that a business owns and employs in its operations to make money is referred to as a fixed asset. These assets are sometimes shown on the balance sheet as property, plant, and equipment because it is not anticipated that they would be sold or used within a year (PP&E).
To know more about fixed assets here
https://brainly.com/question/14404094
#SPJ4
Suppose that an appraiser has just completed her analysis using the cost approach to valuation. She has determined that the reproduction cost of the subject property is $370,000. If the added value of the site was $80,000 and accrued depreciation amounted to $50,000, what was the estimated value of the building using the cost approach?.
Answers
The estimated value of the building using the cost approach is $320,000.
Using the cost approach to valuation, the estimated value of the building can be calculated as follows:
Estimated value of building = Reproduction cost - Accrued depreciation
Estimated value of building = $370,000 - $50,000
Estimated value of building = $320,000
Therefore, the estimated value of the building using the cost approach is $320,000.
What does "cost approach" mean?The cost approach is a strategy for valuing real estate that determines what a buyer should pay for a piece of property based on how much it would cost to construct a comparable building. According to the cost technique, the value of the property is determined by adding the land cost to the total building expenses, less depreciation.
Learn more about cost approach
https://brainly.com/question/29554020
#SPJ4
What are the six phases of the communication process?
Answers
Answer:
The six (6) phases of the communication process are:
SenderEncodeMediumDecodeReceiverFeedbackHope that this helps :)
Given integer variables seedVal, smallestVal, and greatestVal, output a winning lottery ticket consisting of three random numbers in the range of smallestVal to greatestVal inclusive. End each output with a newline.
Ex: If smallestVal is 30 and greatestVal is 80, then one possible output is:
65
61
41
Answers
Set the seedVal variable, use the random number generator to generate three random numbers within the range of smallestVal to greatestVal, and print each of them on a new line.
What will be the possible output?import random
# Set the random seed
random.seed(seedVal)
# Generate three random numbers within the range of smallestVal to greatestVal
num1 = random.randint(smallestVal, greatestVal)
num2 = random.randint(smallestVal, greatestVal)
num3 = random.randint(smallestVal, greatestVal)
# Output the three random numbers
print(num1)
print(num2)
print(num3)
For example, if smallestVal is 30 and greatestVal is 80, the output might be:
65
61
41
Note that the output will be different each time the program is run, since the random numbers are generated randomly.
To know more about greatestVal, visit:
brainly.com/question/31075458
#SPJ1
what link-building strategy do search engines implicitly approve?
Answers
The link building strategies that the search engines are known to have to approve of implicitly would be the
Nofollowthe sponored links attributesWhat is meant by the link building strategies?This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.
The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.
The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.
Raed more on search engines here:
https://brainly.com/question/504518
#SPJ1
Question 3 of 10
What is an advertising campaign?
A. A method of finding customers according to particular
characteristics
B. A set of games customers receive for free when they buy certain
products
C. An electronic device that enables customers to interact with an
advertisement
D. A series of product-related activities designed to get the attention
of customers
Answers
An advertising campaign is a series of product-related activities designed to get the attention of customers. Option D
What is an advertising campaign?An advertising campaign is a series of product-related activities designed to get the attention of customers. It involves the creation and dissemination of advertising messages through various channels such as TV, radio, print, online and social media, with the goal of promoting a product, service or brand to a specific target audience.
The campaign typically has a specific objective and a set budget and may run for a defined period of time.
Learn more about advertising campaign at https://brainly.com/question/357428
#SPJ1
what was the key to getting support for converting from petroleum to synthetic lubricants?
Answers
Demonstrating superior performance, R&D, strategic partnerships, and emphasizing environmental benefits were key to gaining support for the transition to synthetic lubricants.
In order to gain support for converting from petroleum to synthetic lubricants, several key factors played a significant role.
One key factor was the ability to demonstrate the benefits and advantages of synthetic lubricants over petroleum-based alternatives. Synthetic lubricants offer superior performance, including improved viscosity index, thermal stability, oxidation resistance, and better lubricating properties at extreme temperatures.
By highlighting these advantages, companies could persuade stakeholders, such as manufacturers, fleet operators, and consumers, to embrace the switch.
Additionally, conducting comprehensive research and development to continually improve synthetic lubricant technology was crucial. This allowed manufacturers to address any initial skepticism, build confidence in the product, and showcase its long-term value and reliability.
Proven performance through testing and case studies played a vital role in convincing potential users and gaining their support.
Moreover, establishing strategic partnerships with industry leaders, including automotive manufacturers, machinery manufacturers, and major consumers of lubricants, was instrumental in garnering support for the conversion.
Collaboration with these stakeholders helped demonstrate the compatibility of synthetic lubricants with their equipment, validate their effectiveness, and create a favorable environment for adoption.
Furthermore, educating the market about the environmental advantages of synthetic lubricants was key. Synthetic lubricants often have a lower environmental impact, reduced emissions, and increased energy efficiency compared to petroleum-based counterparts.
Emphasizing these eco-friendly aspects resonated with environmentally conscious consumers and regulatory bodies, leading to greater acceptance and support.
In summary, the key to obtaining support for converting to synthetic lubricants involved showcasing their superior performance, conducting robust research and development, forging strategic partnerships, and highlighting their environmental benefits.
For more question on environmental visit:
https://brainly.com/question/30194704
#SPJ8
Netflix.com allows people to watch television shows and movies on the Internet. Netflix.com's business opportunity was made possible by ________ that enhanced the ability of television shows and movies to be uploaded to the Internet and played by anyone with a suitable computer and an Internet connection.
Answers
your mom and dad and brodjejdjd
Rick owns and operates a small farm that produces vegetables and fruits. His friend Owen owns and operates a butcher shop that sells various kinds of
meat. Rick often gives Owen vegetables and fruits in exchange for meat, and vice versa. This scenario best describes
Answers
Because Rick often gives Owen vegetables and fruits in exchange for meat, and vice versa, this scenario best describes a trade by barter.
What is a trade by barter?A trade by barter refers to direct exchange of goods or services without an intervening medium of exchange or money either according to established rates of exchange or by bargaining.
A trade by barter is common among traditional societies, most particularly in those communities with some developed form of market. Product can be bartered within a group as well as between groups, although gift exchange probably accounts for most intragroup trade, particularly in small and relatively simple societies.
Read more about trade by barter
brainly.com/question/1296806
#SPJ1
why would you use computer-aided design (cad) software?
Answers
Answer:
CAD enables the development, modification, and optimization of the design process. CAD enables the development, modification, and optimization of the design process. Thanks to CAD, engineers can make more accurate representations and modify them easily to improve design quality.
Explanation:
Answer: To re-create the layout of a space before actually moving anything.
Explanation: took the quiz
Today is your 40th birthday. You expect to retire at age 65, and actuarial tables suggest that you will live to be 100. You want to move to Hawaii when you retire. You estimate that it will cost you exist200,000 to make the move (on your 65th birthday), and that your annual living expenses will be exist25,000 a year after that. You expect to cam an annual return of 7% on your savings. (a) How much will you need to have saved by your retirement date? (b) You already have exist50,000 in savings. How much would you need to save at the end of each of the next twenty-five years to be able to afford this retirement plan? (c) If you did not have any current savings and did not expect to be able to start saving money for the next five years (that is, your first savings payment will be made on your 45th birthday). how much would you have to set aside each year alter that to be able to afford this retirement plan?
Answers
Answer:
(a) How much will you need to have saved by your retirement date?
first of all, we need to determine how much money you will need to have when you are 65 years old:
$200,000 to move to Hawaiidistributions for 35 years (annuity) = $25,000 x 12.948 (PV annuity factor 7%, 35 years) = $323,700total = $523,700
(b) You already have $50,000 in savings. How much would you need to save at the end of each of the next twenty-five years to be able to afford this retirement plan?
we have to calculate the FV of $50,000 = $50,000 x (1 + 7%)²⁵ = $271,372
so you need $523,700 - $271,372 = $252,328 by the time you are 65
we will now use the future value of an ordinary annuity formula:
FV = payment x annuity factor
$252,328 = payment x 63.249 (FV annuity factor, 7%, 25 years)
payment = $252,328 / 63.249 = $3,989.44
(c) If you did not have any current savings and did not expect to be able to start saving money for the next five years (that is, your first savings payment will be made on your 45th birthday). how much would you have to set aside each year alter that to be able to afford this retirement plan?
FV = payment x annuity factor
$523,700 = payment x 40.995 (FV annuity factor, 7%, 20 years)
payment = $523,700 / 40.995 = $12,774.73
In market-basket terminology, ________ describes the probability that two items will be purchased together.
Answers
What is a personal income tax
Answers
Answer:
Personal income tax is generally computed as the product of a tax rate times taxable income
Explanation:
Answer:
a personal income tax is a tax imposed on individuals or entities that varies with respective income or profits .
Explanation:
Income that people get from wage or salaries, your social security and other governmental benefits.
Your savings account pays 3 percent per year.Each $100 in the bank grows to $103 over a 1 year period.If prices increase by 1 percent per year,by keeping $100 in the bank for a uear you actually gain $_______.
Answers
Your savings account pays 3 percent per year. Each $100 in the bank grows to $103 over a 1 year period. If prices increase by 1 percent per year, by keeping $100 in the bank for a year you actually gain $2.
How to find the amount gained ?The amount gained can be found by the formula :
= Amount the savings grew to - increase in prices
Amount savings grew to = $ 103
Increase in prices = $101
The amount gained is:
= 103 - 101
= $ 2
Your savings account gained $ 2.
Find out more on savings accounts at https://brainly.com/question/14432507
#SPJ1
the accompanying display is a scatterplot relating the cost of a cappuccino to the cost of a third of a liter of water in 100 cities around the world. complete parts a through c below. loading... click the icon to view the scatterplot.
Answers
A)Yes, there is a significant linear correlation between these variables. B) 90.3% of the variation in demand can be explained by the linear relation to price.C)If the price was set at $9.00, you would expect to sell 715 items.
a) Yes, there is a significant linear correlation between these variables. This can be seen from the high correlation coefficient (r=0.926), which indicates a strong positive linear relationship between the two variables.
b) 90.3% of the variation in demand can be explained by the linear relation to price. This can be calculated as r^2, which gives the percentage of variation in y that is explained by the linear relationship with x. In this case, r^2 = 0.926^2 = 0.859, so 86% of the variation in demand can be explained by the linear relationship with price.
c) If the price was set at $9.00, you would expect to sell 715 items. This can be calculated using the regression equation: y = 1451 - 96x. Plugging in x=9, we get: y = 1451 - 96 * 9 = 715. Round to the nearest whole number, the answer is 715.
"Below is the scatterplot, regression line, and corresponding statistics for price (x) -vs- number sold (y) data Demand Data Price -vs- Demand x Price per item (in dollars) y Demand (number of items sold) 1600 1400 o 1200 1000 800 600 400 200 correlation coefficient: r0.926 regression equation: y-96x 1451 sample size: ? 19 sample means: x- $6.50 y826.5 10 Price per Item (in dollars) Answer the following questions regarding the relationship between price (x) and demand (y) (a) Is there a significant linear correlation between these variables? O Yes O No (b) What percentage of the variation in demand can be explained by the linear relation to price? Enter your answer as a percentage with one decimal place. (c) How many items would you expect to sell if the price was set at $9.00? Round your answer to the nearest whole number. tems."
To know more about scatterplot here
https://brainly.com/question/30017616
#SPJ4
The amount you pay for an insurance policy; can be paid monthly, quarterly, semi-annually, or annually.
Answers
Answer:
Premium
Explanation:
premium is the term used to describe payment made for insurance coverage. Premiums are paid by the policyholder to the insurance company. It is the insurance company that determines how much premiums the insured will be paying. Premiums are paid every end month, bi-weekly, monthly, or yearly as stated in the policy document. In other words, premium is the cost of insurance.
Norris Company uses the perpetual inventory system and had the following purchases and sales during March. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 100 $40 3/3 Purchase 60 $50 3/4 Sales 70 $80 3/10 Purchase 200 $55 3/16 Sales 80 $90 3/19 Purchase 40 $60 3/25 Sales 120 $90 Using the inventory and sales data above, calculate the value assigned to cost of goods sold in March and to the ending inventory at March 31 using FIFO and LIFO.
Answers
The value assigned to the cost of goods sold in March using the:
LIFO method is $14,900
FIFO method is: $13,050
The value assigned to ending inventory in March using the:
LIFO method is $5,500
FIFO method is: $7,350
The ending inventory is inventory that was not sold at the end of a period.
Ending inventory = total inventory - inventory sold
Total inventory = 100 + 60 + 200 + 40 = 400
Inventory sold = 70 + 80 + 120 = 270
Ending inventory = 400 - 270 = 130
The FIFO inventory means that the first inventory a company buys are the first to be sold and the ending inventory consists of goods that were the last to be purchased.
The goods sold would consist of beginning inventory and goods bought on the 3rd and 10th.
Cost of goods bought = (100 x $40) + (60 x $50) + (110 x $55) = $13,050
Ending inventory would consist of the inventories purchase on the 10th and 25th
Ending inventory = (90 x $55) + (40 x $60) = $7,350
The LIFO method means that the last inventory purchased by a firm is the the first to be sold and ending inventory is made up of inventory purchase first.
The cost of goods sold would consist of inventory bought on 3rd. 10th and 19th
Cost of goods sold = (40 x $60) + (200 x $55) + (30 x $50) = $14,900
The ending inventory would consist of the inventories purchased first.
Ending inventory = (100 x $40) + (30 x $50) = $5500
To learn more, please check: https://brainly.com/question/17236535?referrer=searchResults
Meetings are a good place to decide what business to discuss.
Please select the best answer from the choices provided
OT
OF
Answers
It is a true statement that meetings are a good place to decide what business to discuss.
Why are meetings good place to decide what business to discuss?When teams plan to discuss ideas, share information or offer solutions to workplace challenges, they might schedule meetings to review these items. This provides coworkers with a collaborative space to freely express opinions and update each other on current tasks.
When conducting a meeting, consider sending an agenda and informing employees of the meeting's topic beforehand to ensure it's productive and engaging. Hence, it is true that meetings are a good place to decide what business to discuss. because it means that you can discuss whatever you want with team since everyone has gathered.
Read more about meetings
brainly.com/question/28224406
#SPJ1
Question 2: Imagine you are a systems analyst trying to understand the bookstore system in
the college. This is system is needed to allow students to order books online for the courses
they are enrolled in. It is used by students and a number of staff (e.g. bookstore manager,
а
bookstore staff, and faculty members). The IT experts provides support to staff and students.
Draw a Rich Picture with a focus on exploring issues related to the bookstore system in the
college. Ask your classmates about their feelings to get multiple perspectives in play (3%).
Answers
One important issue that can emerge in this system is lack of accurate data or problems when registering the information in the system.
What does this system require?In this system, it is important data is correctly registered. This includes:
The number of units available for each book.The delivery information of each student.The prices and payment information for each book.What problems can this system have?Considering this system is mainly an information system, the main problem would be that data is not correctly registered. For example:
The system shows there are 20 books available but there are only 10 books available.The system mixes up the delivery information of students.The system does not register correctly the payment informationLearn more about systems in: https://brainly.com/question/14253652
7
What is an advantage to using a multi-step income statement?
The fixed costs and variable costs are broken out separately
Direct expenses and indirect expenses are broken out separately
Net Income is shown before income taxes
All income items are grouped in on section, and all expenses in another
Answers
Answer: A major benefit of a multi-step income statement is the demonstration of gross profit. This allows you to see how much the company is earning on sales before operating income is considered. Seeing detailed gross profit also allows you to calculate gross margin, which is gross profit divided by sales.
Explanation:
Describe the knowledge and skills needed by salespeople
Answers
Answer:
eye contact,talk skills , good being nice information and getting information before selling the item
• Good persuasion
• Eye contact
• Exceptional social skills
• Knowing what you’re talking about
With these concepts in mind, a salesperson must be very social and willing to convince the recipient to purchase the given product.