1. The KaChi AG produces potato chips in different flavors. The following table shows when and which quantities of potatoes the company purchased and used during March 2021. Beginning inventory Consumption Purchase Purchase Consumption Purchase Consumption Purchase Event €960 €1,090 €1,100 €1,180 Date 1.3. 5.3. 13.3. 17.3. 21.3. 25.3. 28.3. 30.3 Quantity [kg] 1,000 900 500 600 800 500 300 200 Price [€ per kg] 1.2 If the company uses the FIFO method, what is the value of the potatoes consumed on 21.03.? 1.6 1.3 1.4 1.3

1. The KaChi AG produces potato chips in different flavors. The following table shows when and which quantities of potatoes the company purchased and used during March 2021. Beginning inventory Consumption Purchase Purchase Consumption Purchase Consumption Purchase Event €960 €1,090 €1,100 €1,180 Date 1.3. 5.3. 13.3. 17.3. 21.3. 25.3. 28.3. 30.3 Quantity [kg] 1,000 900 500 600 800 500 300 200 Price [€ per kg] 1.2 If the company uses the FIFO method, what is the value of the potatoes consumed on 21.03.? 1.6 1.3 1.4 1.3

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance

Section: Chapter Questions

Problem 4.8P

See similar textbooks

Similar questions

What are some ways that someone looking for a loan might reassure a bank that is faced with imperfect information about whether the borrower will repay the loan?
When do firms receive money from a stock sale in their firm and when do they not receive money?
Energy entrepreneur T. Boone Pickens has proposed converting the trucking fleet in the United States to liquefied natural gas (LNG) and using wind power to replace the missing LNG in electric power production. What infrastructure issues do you see that must be resolved before the Pickens plan could be adopted?
How is buying a house to live in a type of financial investment?
Which has a higher average return over time: stocks, bands, or a savings account? Explain your answer.
Investors sometimes fear that a high-risk investment is especially likely to have low returns. Is this fear true? Does a high risk mean the return must be low?
A mortgage 105m is a loan that a person makes to purchase a house. Table 19.11 provides a list of the mortgage interest rate for several different years and the rate of inflation for each of those years. In which years would it have been better to be a person borrowing money from a bank to buy a home? In which years would it have been better to be a bank lending money?
What is a capital gain?
What is a dividend?
From a firms point of view, how is a bond similar to a bank loan? How are they different?
Why are bonds somewhat risky to buy, even though they make predetermined payments based on a fixed rate of interest?
Why should a financial investor care about diversification?