Business, 28.11.2019 01:31 kcombest7219
Trip corp. began business in 2015. on december 31, 2015, trip's single pool of inventory was valued at $300,000, using the dollar-value lifo inventory method. on december 31, 2016, the value of trip’s inventory at current costs was $450,000. the 2016 year-end cost index was 120. what was the value of trip's inventory at the end of 2016, using the dollar-value lifo method?
Answers: 3
Business, 21.06.2019 19:20
You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?
Answers: 1
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
Business, 22.06.2019 19:40
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
Trip corp. began business in 2015. on december 31, 2015, trip's single pool of inventory was valued...
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