User Account

All Pages

What would the value of inventory be

Assignment Help Accounting Basics
Reference no: EM133055869

Question - Products in an automotive store consist of the following: 100 car floor mats delivered on January 10 at a cost of $20 each and 150 car floor mats delivered on February 2 at a cost of $22 each. They are all the same model. Using the average cost method, what would the value of inventory be if 120 mats were sold on February 14?

a. $2,660

b. $2,860

c. $2,756

d. $5,300

Reference no: EM133055869

Questions Cloud

Compute the expected return of portfolio : Assume that the CAPM holds, the risk-free rate is 2% per year, the expected return on the market is 10% per year and that the annualized volatility (standard de
Purpose of calculating the firm wacc : (1) A firm's weighted average cost of capital (WACC) is sometimes referred to as the hurdle rate. What is the purpose of calculating the firm's WACC?
Threat response software : Do some research on Threat Response software. Find one particular software package to investigate.
Cost of secured short-term credit : The Marlow Sales and Distribution Co. needs $1.5 million for the 3-month period ending September 30, 2015. The firm has explored two possible sources of credit.
What would the value of inventory be : They are all the same model. Using the average cost method, what would the value of inventory be if 120 mats were sold on February 14
What is the weighted average cost of capital : A firm has $7.9 Billion debt outstanding, with a yield to maturity of 5.2% and a coupon rate of 4.2%. They have 104 million preferred shares outstanding, curren
Development of standards for successful project management : Discuss the importance of top management commitment and the development of standards for successful project management.
What is the amounts and nature of Luis game : Louise sold a building to the partnership for $160,000 to be used for the partnerships office. What is the amounts and nature of Luis game
What is the cost of equity capital for gm : GM has a current stock price of $92.38. If they issued a dividend of $4.56 last week, and the dividend is projected to grow at 4% what is the cost of equity cap

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

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 and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd