Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Marlow Company uses a perpetual inventory system. It entered into the following calendar-year 2011 purchases and sales transactions
Date
Particulars
Units
Units Sold at Retail
1-Jan
Opening Inventory
600@$44 Unit
10-Feb
Purchases
200@$40 Unit
13-Mar
100@$20 Unit
15-Mar
Sales
400 @75 Unit
21-Aug
160@$60 Unit
5-Sep
280@$48 Unit
10-Sep
200 @$75 Unit
Totals
1340 Units
600 Units
1. Compute cost of goods available for sale and the number of units available for sale.
2. Compare the number of units in ending inventory.
3. Compute the cost assigned to ending inventory using (a) FIFO, (b)) LIFO, (c) specific identification -units sold consist of 500 units from beginning inventory and 100 units from the March 13 purchase, and weighted average. (Round per unit costs to three decimals, but inventory balances to the dollar.)
4. Compute gross profit earned by the company for each of the four costing methods in part 3.
5. If the company's manager earns a bonus based on a percent of gross profit, which method of inventory costing will the manager likely prefer?
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.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd