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Liono4ka [1.6K]
2 years ago
11

Beginning inventory plus net purchases is:

Business
2 answers:
klemol [59]2 years ago
7 0

Answer:

merchandise available for sale , also known as cost of goods available for sale

Explanation:

you can use this formula to understand better :

Cost of Goods Available for sale = Opening Saleable Inventory + Finished Goods Produced during the period + Any Merchandise Acquired during the period.

Hope this helps...

Greeley [361]2 years ago
3 0

Beginning inventory plus net purchases provides the available inventory for sale or also known as the cost of goods available for sale.

If the cost of goods available for sale is deducted from closing inventory then it will provide the cost of goods sold during the period.

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Inventory is the current asset for a company


What is Inventory?

Inventory is the sum of products that are manufactured by an organization to be sold to consumer at a market price.

#SPJ12

Learn more about Inventory at brainly.com/question/27908790

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At the end of business on September 1, the total displayed on the cash register tape shows $1,059 of cash sales for the day. How
Oksi-84 [34.3K]

Answer:

Dr Cash 1,500

Dr Cash short and over 9

    Cr Sales revenue 1,509

Explanation:

Cash short and over is used to adjust any small amount of cash missing after physically counting the cash. It is also used when there is a small amount of extra cash , for example, instead of $1,509, you would have received $1,512. The function of this account is to adjust and balance the transaction.

6 0
4 years ago
In the context of intergroup conflict, managers should encourage social interactions across groups so that:
FrozenT [24]

Answer:

(A) trust can be developed.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

Basically, the first step that any manager should take in resolving a conflict within a group of employees working as a team is to get each individual to state the problem from his or her viewpoint.

In the context of intergroup conflict, managers should encourage social interactions across diverse groups so that trust can be developed among the members and as such mitigating the chances of conflict between them.

4 0
3 years ago
As an investor and based on your understanding of risk, which of the following statements is true?
nydimaria [60]

Answer: B. You should invest in a stock if the expected rate of return from the stock is greater than the expected rate of return on an asset with a similar risk.

3 0
3 years ago
Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands,
blondinia [14]

Answer: (a) Earning per share in 2016: 0.85

(b) Earning per share in 2017: 1.4

Explanation:

Earning per share in 2016:

Net income (loss) = $61,030,000

Opening shares = 74,400,000

Ending shares = 69,200,000

Average no. of shares O/S = \frac{74,400,000+69,200,000}{2}

                                     = 71,800,000

Earning per share =  \frac{Net\ Income}{Average\ no.\ of\ shares\ o/s}

                              =  \frac{61,030,000}{71,800,000}

                              = 0.85

Earning per share in 2017:

Net income (loss) = $91,420,000

Opening shares = 69,200,000

Ending shares = 61,400,000

Average no. of shares O/S = \frac{69,200,000+61,400,000}{2}

                                     = 65,300,000

Earning per share =  \frac{Net\ Income}{Average\ no.\ of\ shares\ o/s}

                              =  \frac{91,420,000}{65,300,000}

                              = 1.4

4 0
4 years ago
What can a manager improve by utilizing the information captured in recent incident reports?
gladu [14]

I believe the answer is: house policies

House policies refers to the set of principles that the managers implemented as a basis for the strategies that they would make in the future.

Recent incident reports would usually filled with information regarding the productivity and defects of the plan that currently carried out. from this, the managers could formulate the necessary adjustments which ensure that the organization is still on track.

4 0
3 years ago
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