#1,198.00
#1,218.38
#1,257.67
#1,408.00
Correct answer is C
| date | quantity | unit cost | Dispatch quantity | Balance |
| 1 | 100 | 10.00 | 100 | |
| 3 | 60 | 11.50 | 60 | |
| 15 | 85 | 75 | ||
| 15 | 180 | 12.80 | 255 | |
| 22 | 145 | 110 | ||
| 340 | 34.3 | 230 | 110 |
(34.3 / 3) x 110 = 1257.67
The value of stock is gotten by dividing the total unit cost by the number of times stock was purchased and multiplying it by the balance of stock at the end of the month or period.
#862.50
#840.00
#806.25
#750.00
Correct answer is D
No explanation has been provided for this answer.
Which of the following is an item of special assets?
Fixed assets
Current assets
Trademark
Gratuity
Correct answer is C
Special assets are typically private business interests, properties or natural resources that can be difficult to convert directly to more liquid investments, like cash. They may also be called illiquid assets. Example are trademarks, goodwill
#34,000
#30,000
#15,000
#4,000
Correct answer is B
No explanation has been provided for this answer.
#210,000
#202,000
#195,000
#184,000
Correct answer is B
No explanation has been provided for this answer.