Answer:
$873,200
Explanation:
The computation of the cost of merchandise sold is shown below:
= Merchandise inventory, July 1 + Purchases - Purchases returns and allowances - Purchases discounts - Freight in - Merchandise inventory, July 31
= $49,300 + $985,500 - $33,500 - $19,700 - $13,800 - $94,600
= $873,200
We simply added the purchase amount and deduct all other items except Increase in estimated returns inventory to the opening balance of merchandise inventory
Answer: Pure play
Explanation:
A pure play method in finance is an approach that is used to estimate and determine the cost of equity capital of a private company which involves looking at the beta coefficient of other single focused and public companies.
Pure-play companies are the companies that are involved in a single line of business.
Answer:
The answer is false
Explanation:
Base on the scenario been described in the question, comparing the two firm and saying there will not reach into a conclusion to which firm is better manage is false, this is because the difference in debt is a result of better management, and this could be the cause of Firm A's higher profit margin. So the claim was false
Answer:
The correct answer is: market testing.
Explanation:
A market test, also known as an experimentation technique, is a research technique that consists in trying to know directly the response of people to a product, service, idea, advertising, etc., in order to obtain certain information necessary for a investigation.
Generally, a market test is carried out before the launch of a new product, in order to evaluate its acceptance or reception, and thus reduce the risk of introducing the new product to the market and that it does not have sufficient demand.
When carrying out the market test, the acceptance, reception, printing, reaction or behavior of the public before the new product is known and, based on the results, to determine if the launch of the new product is feasible, if it is necessary to make some changes before its launch, or if the launch is definitely not feasible.
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