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Question - ASAP - The company Beta uses weighted average for inventories (under IFRS). In the company the weighted average is calculated on continuous basis. There are know following information:
a. at the beginning of May your company has 1980 units of good A measured at 2760 PLN/unit.
b. on May 4th your company purchased 3210 units of good A at 3260 PLN/unit.
c. on May 14th your company sold 3230 units of good A at 5240 PLN/unit. The amount 5240 PLN is selling price of one unit of A.
d. on May 28th your company purchased additional 1470 of A at 2740 PLN/unit.
Calculate the value of 1 unit of A in the warehouse at the end of the month.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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