The Polishing Department of Generation Fixtures,Inc

question 122

Multiple Choice

The Polishing Department of Generation Fixtures,Inc.had 15,000 units in process on June 1 and received 22,000 units from the Machining Department.During the month,it completed 31,000 units and transferred them to the Packaging Department and had 6,000 units in ending Work-in-Process Inventory.Calculate the number of units accounted for by the Polishing Department for June.

• A) 16,000 units
• B) 15,000 units
• C) 6,000 units
• D) 37,000 units

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Definitions:

Discounted Cash Flow

A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusting for the time value of money.

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to assess profitability.

Discount Rate

The discount rate is the interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.

Working Capital

Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.