You've recorded the following prices and dividend payments for a stock:

What was the dollar-weighted (money-weighted) rate of return?

A small business owner contributes $2,000 at the end of each quarter to a retirement account that earns 10% compounded quarterly. (a) How long will it be until the account is worth at least $150,000? (Round your answer UP to the nearest quarter.) 43 quarters (b) Suppose when the account reaches $150,000, the business owner increases the contributions to $4,000 at the end of each quarter. What will the total value of the account be after 15 more years? (Round your answer to the nearest dollar.) $

A small business owner contributes $2000 at the end of each quarter to a retirement account that earns 4% compounded quarterly.

(a) How long will it be until the account is worth $150,000? (Round your answer UP to the nearest quarter.)
quarters the asnwer is not 56
(b) Suppose when the account reaches $150,000, the business owner increases the contributions to $8000 at the end of each quarter. What will the total value of the account be after 15 more years? (Round your answer to the nearest dollar.)
$ the answer is not 907891

1. Let’s imagine you are the customer portfolio manager of a wireless phone company. How should you be evaluated at the end of the quarter? Straight sales form your customer? Net sales (Sales minus cost to serve)? Customer satisfaction? Would it make more sense for you to be evaluated on a combination of how much your company made from your customers this quarter and also- as of this quarter- what the two-year projected value of your customer base is? Five project value? Why?

Inventory Valuation under Absorption and Variable Costing

At the end of the first year of operations, 5,100 units remained in the finished goods inventory. The unit manufacturing costs during the year were as follows:

Determine the cost of the finished goods inventory reported on the balance sheet under (a) the absorption costing concept and (b) the variable costing concept.

Inventory Valuation under Absorption Costing and Variable Costing

At the end of the first year of operations, 4,100 units remained in the finished goods inventory. The unit manufacturing costs during the year were as follows:

Determine the cost of the finished goods inventory reported on the balance sheet under (a) the absorption costing concept and (b) the variable costing concept.

A- 10.5 Use the following information relating to Shana Company to calculate the inventory turnover ratio and the number of days’ sales in inventory ratio.

b.PA3. 10.2 Trini Company had the following transactions for the month.

Calculate the cost of goods sold dollar value for the period for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations.

A. first-in, first-out (FIFO)

B. last-in, first-out (LIFO)

C. weighted average (AVG)

1. Inventory Balance and COGS

Canfield Trading shows the beginning inventory of a particular product, and the purchases during the current year, as follows:

During the year Canfield Trading sold in total 95 units of this product.

Instruction: (show your calculations and round to 2 decimal places)

Determine the cost of the year-End Inventory and the Cost of Goods Sold for this product under each of the following Methods of Inventory Valuation:

If Canfield Trading wants to achieve a high profit end of the year, which method should they choose? Explain fully your answer.

The following events took place for Rushmore Biking Inc. during February, the first month of operations as a producer of road bikes:

• Purchased $300,000 of materials.
• Used $271,600 of direct materials in production.
• Incurred $78,100 of direct labor wages.
• Applied factory overhead at a rate of 46% of direct labor cost.
• Transferred $365,700 of work in process to finished goods.
• Sold goods with a cost of $348,000.
• Revenues earned by selling bikes, $575,800.
• Incurred $117,100 of selling expenses.
• Incurred $56,900 of administrative expenses.

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Open spreadsheet

1. Prepare the income statement for Rushmore Biking for the month ending February 28. Round your answers to the nearest dollar.

   Rushmore Biking Inc.
   Income Statement
   For the Month Ended February 28
   Revenues				$
   Cost of Goods Sold
   Gross Profit				$
   Selling and Administrative Expenses:
   Selling Expenses		$
   Administrative Expenses
   Total Selling and Administrative Expenses
   Operating Income				$

2. Determine the inventory balances on February 28, the end of the first month of operations. Round your answers to the nearest dollar.

   Materials inventory, February 28	$
   Work in process inventory, February 28	$
   Finished goods inventory, February 28	$