A company uses a weighted-average perpetual inventory system. The following transactions took place during the month of November:November 15 units were purchased at $6.00 per unitNovember 1210 units were purchased at $7.50 per unitNovember 147 units were sold for $14.00 per unitNovember 2412 units were purchased at $10.00 per unit What is the per-unit value of ending inventory on November 30 if this company uses a weighted-average perpetual inventory system? (Round each per unit cost to 2 decimal places.)
A. $13.00
B. $8.80
C. $6.00
D. $7.00
Answer: B
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Select the type of business that is most likely to obtain large amounts of resources by issuing stock
A) Partnership B) Corporation C) Sole proprietorship D) None are correct.
A company reported the following stockholders' equity on January 1 of the current year: Common stock, $10 par, 1,000,000 shares authorized, 250,000 shares issued …………………..$2,500,000Paid-in capital in excess of par, common ………………1,260,000Retained earnings ………………………………………1,675,000Total stockholders' equity …………………..………….$5,435,000Prepare journal entries for the following selected transactions related to this company's stock during the current year:Mar. 1Purchased 10,000 shares of treasury stock for $18 per share.May 5Sold 4,000 shares of treasury stock for $16 per share.Oct. 12Sold 2,000 shares of treasury stock for $19 per share.
What will be an ideal response?
Which of the following is appropriate etiquette when listening?
a. Restate in your own words what you think the speaker has said. b. Interrupt the speaker when a misstatement is made. c. Frequently break eye contact with the speaker. d. None of the above are appropriate listening etiquette.
Sales representative Brian engages in temperate phrasing when he says to a customer, "If you are so stupid you cannot explain what you want, I won't be able to help you."
Indicate whether the statement is true or false.