Q: The following information relates to five stocks listed in five different sectors at the Nairobi…
A: Required rate of return formula under CAPM:
Q: Plane CC was registered on 1 August 2015. The founding statement of the Close Corporation (CC) sets…
A: The main purpose of preparing an appropriation account in the partnership firm is to determine how…
Q: The December cash records of Kirk's Hardware follow: Cash Receipts Cash Payments Cheque # Date Cash…
A:
Q: 7. Which of the following contribute to positive bid-ask spreads? i. Transaction costs ii.…
A: Bid ask spread is reflection of the difference between the ask price and bid price. The higher bid…
Q: Is it true that on the date of maturity, a bond does not carry any interest rate risk? Briefly…
A: A bond seems to be a written agreement between a buyer and the firm, state, or government body…
Q: Daily Enterprises is purchasing a $8,000,000 machine. The machine will be depreciated using…
A: Cash flows: It represents the net amount of cash that is moving in and moving out of the firm. The…
Q: A stock is currently selling for $90.98 and is expected to sell for $108.98 in 1 year. If the…
A: The return from an investment until it has been held with the investors is often referred to as the…
Q: Following is the last year data of X company: Selling price Variable expenses Fixed expenses for the…
A: Answer Sale unit last year = 45,000 Sale unit in this year = 90,000 Last year profit Sales =…
Q: see attached pictures for questions
A: i) The fair value of the fixed rate debt at February 28, 2004 is $2,640,995, as since this…
Q: Common stock value-Variable growth Newman Manufacturing is considering a cash purchase of the stock…
A: The Dividend Discount Model (DDM) is a method of valuing a stock based on the dividends it pays to…
Q: When computing the Free Cash Flow to the Firm (FCF), taxes are computed as EBIT multiplied by tax…
A: Capital investment is related to the acquisition of physical assets to attain long-term business…
Q: 60) Beginning inventory is $30,000. Purchases of inventory during the year are $50,000. Cost of…
A: Ending Inventory = Beginning Inventory + Purchases - Cost of Goods Sold
Q: You are valuing a company at year end 2022 that has a target capital structure of 55% equity and 45%…
A: Particulars Values Year FCF Weight of debt 45% 2022 £ 8,000.00 Weight of equity 55% 2023…
Q: JJ & Co has decided to donate money to a cancer research fund every year for the next 15 years. They…
A: The Present Value of Ordinary Annuity refers to the concept which gives out the discounted or…
Q: Instruction: Determine if the following entries will be prepared with a reversing entry at the start…
A: The adjusting entries are made at the end of the accounting period in order to record accrued…
Q: Two separate investments were made three years ago. The first investment of $860 earned a 3.5%…
A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…
Q: You are valuing a company that has an expected nominal growth rate of Free Cash Flow to the Firm…
A: Given information: Last year’s Free Cash Flow (FCF) = £4,500 Growth rate (g) = 3% or 0.03…
Q: MetaverseTech LTD start-up sold 8672 Virtual Reality devices in 2022 at £155 per device. The…
A: Income statement is the financial statement which shows the performance of the entity by calculating…
Q: Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit…
A: Standard deviation is a measure of the spread of a dataset, defined as the square root of its…
Q: You have $56,000. You put 24% of your money in a stock with an expected return of 13%, $31,000 in a…
A: As per the given information: Total amount = $56,00024% of money invested in a stock with an…
Q: P12-3B The income statement of Hubble Company is presented below. Additional information: 1.…
A: Cash flow statements are the statements that determine the inflow and outflow of cash from three…
Q: 5 Q. Preston receives a bank statement every two weeks. The latest statement received showed a bank…
A: Bank Reconcilation: An entity's bank account balance in its books of accounts is compared to the…
Q: The following information is also relevant: a) Increase in 2015 activities will attract 15% overhead…
A: An incremental budget is a budget prepared using a previous period’s budget or actual performance as…
Q: First National Bank charges 13.8 percent compounded monthly on its business loans. First United Bank…
A: Effective annual rate(EAR) is the rate of return that is actually paid or earned. EAR =(1+r/m)m -1…
Q: You invest 10000£ in a project today and you are expecting the following returns: Time Year 1 Year 2…
A: concept. NPV. Net present value (NPV) is a capital budgeting technique used for making investment…
Q: Future Value Interest Rate Number of Periods Present Value $713.00 $88,677.00 3.5% ? 6.5% 34 ?…
A: Present value = Future value / (1+rate)^years
Q: Consider an investment project that requires a non-disclosed amount of initial investment in moment…
A: A statistic used in financial analysis to calculate the profitability of possible investments is the…
Q: You are valuing a company that had sales of £ 80000 in 2021 and the expected year-on-year growth…
A: Free cash flow is cash flow available after the deductions of all expenses including capex and…
Q: the impact (if any) on the Accounting Fauation: [ Choose ] Assets increased and Liabilities…
A: Assets = Liabilities + Stockholders' Equity Any expense paid in advance is an asset.
Q: You have a semi-annual bond with 25 years to maturity with a 10% c rate and par value of 1000£. The…
A: The duration of bond show the how much bonds prices are sensitive to interest rate and how much…
Q: Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows:…
A: Rate of return (ROI) = Net operating income = Average operating assets
Q: 1. Explain the difference between Accounting and Auditing
A: Hi student Since there are multiple questions, we will answer only first question. Accounting and…
Q: In the late 1990s, car leasing was very popular in the United States. A customer would lease a car…
A: Given, Cost of new car = $ 12,500 After 2 year, value = 60% of 12500 = $ 7500
Q: compounded) treasury bond spot rates (as of 26 July 20 Maturity Rate 1 year 3.38 2 years 3.53 5…
A: Yield on government treasuries gives the idea about the future interest rate and whether it will…
Q: 8. Which of the following statements is False: i. ii. iii. iv. Quote Driven market is less liquid…
A: There are many multiple market types to help with transactions in the asset exchange. Each market…
Q: Use the information in the following table to answer the questions below
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: iv. Which GAAP principle is clearly reflecting from above statement? Explain that GAAP principle…
A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Statement I- A long-term debt that is due to be settled within twelve months after the end of the…
A: Following is the answer to the given question
Please answer the question posted in the image below:
Step by step
Solved in 2 steps
- Help Seve & Ext Submit RJ Corporation has provided the following information about one of Its Iventory Items: ber of Units Coet per Date Transaction 1/1 Unit Beginning Inventory 420 $3,200 6/6 Purchase 790 $3,620 9/10 Purchase 1,180 $4,020 11/15 Purchase 810 $4,210 uring the year, RJ sold 3,020 units. nat was cost of goods sold using the average cost flow assumption? (Do not round intermediate calculations.) Multiple Choice O $11,702,391. $11,781,500. $11,662,391. $11,599,700. < Prev 50 of 67 MacBook AirCompany sells following products - A, B and C. The following information was available at the year end. A B с $ per unit $ per unit $ per unit 18 8 25 13 4 6 Units 100 Original Cost Estimated Selling price Selling and distribution cost Units of inventory What is the value of inventory at the year end? O 3,124 O 3,500 O2,920 O 4,000 Units 40 14 25 7 Units 60Extreme Company shows the following information:Units Unit cost Total costJanuary 1 Beginning 10,000 40 400,00031 Sale 5,000April 1 Purchase 15,000 50 750,000July 31 Sale 18,000October 1 Purchase 25,000 60 1,500,000December 31 Sale 12,000Required:Compute the cost of the ending inventory and cost of sales using:1. FIFO – periodic2. Weighted average3. Moving average
- Please help me with show all calculation thankuThe following information is available for C Corp. for the month of March: Units Unit costs Selling price Beginning inventory 260 $6 Purchase 530 $6 Purchase 790 $7 Sold 1320 $11 signed in as cavijaynparmar. Assume that the corporation uses the average cost method. Determine the amount of gross profit for the month of March. $5,940 $1,690 $2,860 $4.250Applying the Cost of Goods Sold Model Charest Company has the following data for 2022: Item Units Cost Inventory, 12/31/2021 980 $10,780 Purchases 4,480 49,280 Inventory, 12/31/2022 750 8,250 Required: 1. How many units were sold? 2. Using the cost of goods sold model, determine the cost of goods sold.
- Note that this was everything given for this particular item. Use the information below to figure out what the Cost of Goods Sold is for the order placed for FIFO LIFO and Weighted Average Cost (Average Cost) · Date Explanation Units Unit Cost Total Cost 1/15/2021 Beginning Inventory 10 $7 $70 2/2/2021 Purchase 35 $8 280 2/28/2021 Purchase 56 $9 504 5/15/2021 Purchase 104 $10 1,040 9/30/2021 Purchase 220 $11 2,420 Sales - 5 units for $1,300 (5 * 300)Assuming Average cost flow method is used, how much is the ending inventroy and cost of sales, respectively? A. 130,300 and 101,000 B. 101,000 and 130,000 C. 105,000 and 126,300 D. 126,300 and 105,000How to do this. Please explain. Thank you.
- The following information is available for Goode Company: May 1 Beginning inventory 18 units @ $4 per unit May 7 Purchase 12 units @ $5 per unit May 10 Sale 14 units May 17 Purchase 10 units @ $6 per unit May 19 Sale 4 units Required:Answer the following questions for Goode Company: a. If perpetual FIFO is used, what is the total ending inventory in dollars?$ b. If perpetual LIFO is used, what is the cost of goods sold for the month?$ c. If weighted average is used, what is the ending inventory? Do not round intermediate calculations. Round your final answer to two decimal places.$ d. If moving average is used, what is the cost per unit sold for the May 10 sale? Round your answer to two decimal places.$What is the right answer in the options?[The following information applies to the questions displayed below.] Tree Seedlings has the following current-year purchases and sales for its only product. Activities Units Acquired at Cost Units Sold at Retail units Date January 1 Beginning inventory 40 January 3 February 14 February 15 June 30 November 6 November 19 Sales Purchase Sales Purchase Sales Purchase Totals 70 90 20 220 units units units units @ $2 @ $3 @ $4 = $ 80 = = @ $5 = $ 210 $360 $ 100 30 60 86 units @ $8 $750 176 units Record journal entries for Tree Seedlings' sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and LIFO. All sales and purchases are made on account, and no discounts are offered. units @ $8 units @ $8