Answer:
The estimated inventory at May 31 is $240,100
Explanation:
The gross profit is the difference between the sales revenue and the cost of good sold.
The gross profit percentage is the ratio of gross profit to net sales expressed as a percentage.
Net sales is the sales less returns and allowances. Similar to net sales is net purchases which is the gross purchase net the allowances and returns.
Net purchases = $697,000 - $12,100
= $684,900
Net sales = $924,000 - $73,200
= $850,800
Gross profit margin percent = gross profit/net sales
gross profit = 0.4 * $850,800
= $212,700
cost of goods sold = $850,800 - $212,700
= $638,100
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases + freight inward - cost of goods sold = closing balance
$161,900 + $684,900 + $31,400 - $638,100 = Estimated ending inventory
Estimated ending inventory = $240,100
Answer:
Many times, clients will shift new people into the project who have no experience with it as they move their key people to new challenges. This issue is: One that is external and intellectual.
Explanation:
External issues do not affect an entity obviously. The clients shifting new people into projects and moving their key people to new challenges know why they must be doing so. It may be to encourage organizational learning. It may be because the key people have been promoted and need to move to higher positions.
Most importantly, it is the clients as entities that we should be concerned and deal with. Clients like other organizational entities have systems, processes, and policies that they work with to produce results. Their internal management should remain internal and not be externalized by overtly and overzealous outsiders.
The supply of money increases when the Federal Reserve purchases bonds, as this practice results in banks having more cash, which in turn increases the money supply in the economy.
The supply of money increases when the Federal Reserve purchases bonds. In this scenario, banks get cash which then translates to an increased money supply in the economy. This is called an open market operation, which is one of the tools the Federal Reserve uses to influence the supply of money and ultimately interest rates. An increase in the value of money, interest rates, or velocity does not directly increase the money supply. Rather, these factors can affect the demand for money or the speed at which money circulates in an economy.
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The supply of money increases when the Federal Reserve purchases bonds, as this inserts more money into the economy. Value increase, interest rate increase, or increased velocity do not directly increase the money supply.
The supply of money increases when the Federal Reserve purchases bonds. This is part of monetary policy used by the Federal Reserve to control inflation and the economy. When the Federal Reserve purchases bonds, it essentially creates money and puts it into the economy, increasing the total supply of money. This is in contrast to when the value of money increases, the interest rate increases, or the velocity (speed at which money changes hands) increases which don't directly increase the supply of money.
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SUID or SGID special permissions are represented with this letter in the user or group owner's execute position is S
What is SUID and SGID?
Learn more about SUID and SGID refer:
https://www.geeksforgeeks.org/finding-files-with-suid-and-sgid-permissions-in-linux/
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c. $109,000
d. $111,000
Answer:
c $109,000
Explanation:
A person's wealth is calculated by deducting their liabilities from their assets. The value left after the deduction is the person's wealth. In the above case, Jordan's wealth is calculated as;
= Assets [ Two cars + House + Cash balance + Checking account balance ] - Liabilities[ Mortgage - Car loans - Credit card balance ]
= [ $10,000 + $200,000 + $1,000 + $2,000 ] - [$100,000 + $3,000 + $1,000]
= $213,000 - $104,000
= $109,000
Therefore, Jordan's wealth is $109,000
b. the higher the required rate of return on an investment
c. the lower the maturity premium required by the investors
d. the higher the money supply in the economy
e. the lower the tax rate in the economy
Answer: b. the higher the required rate of return on an investment
Explanation: Inflation is an increase in the general level of prices or in the cost of living. It is the decline in the value of money and as such it erodes the purchasing power of future cash flows or investments. All things being equal, higher inflation rates (current or expected) equates to rising yields across the yield curve. As a result, investors demand this higher yield to account for the risk of inflation. This makes option b the only option that is true and accurate.
The higher the expected rate of inflation, the higher the required rate of return on an investment.
The correct answer is b. The higher the expected rate of inflation, the higher the required rate of return on an investment. When the expected rate of inflation is high, investors require a higher rate of return to compensate for the loss in purchasing power of their money. This is because high inflation erodes the value of money over time, reducing the real return on an investment. Therefore, investors demand a higher rate of return to maintain their purchasing power.
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