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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.

<h3 />

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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Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat
wolverine [178]

Answer:

Many observer says it does

Explanation:

This is because certain or few group of owners would dominate the industry and also won it, they would control how new owners enter into the game

6 0
3 years ago
Poland's Paints allocates overhead based on machine hours. Selected data for the most recent year follow.Estimated MOH $238,000A
Ulleksa [173]

Answer:

B.) $11.90

Explanation:

Predetermined manufacturing overhead rate are based on the estimates made by the company.

So the calculation should be:

Estimated MOH of $238,000<em> divided by</em> Estimated Machine Hours of 20,000.

Giving us the result of $11.90

(238,000 / 20,000 = 11.90)

7 0
3 years ago
Amounts withheld from each employee for social security and medicare vary by state.
satela [25.4K]

It is False.

No matter which states the employee lives, the amounts withheld from each employee for social security and medicare do not vary by state. The present tax rate for social security for employers and employees is 6.2% and the present current rate of medicare is 1.45% for both the employer and employee.

Employers are typically required to withhold Social Security and Medicare taxes from an employee's paycheck and pay the employer's share of those taxes.

The Social Security Tax and the Medicare Tax have different rates, and only the Social Security tax has a salary cap. The base salary ceiling is the maximum taxable salary in the year. Determine the withholding amount for Social Security and Medicare contributions by multiplying each payment by the employee's tax rate.

To learn more about social security and medicare from given link

brainly.com/question/19277833

#SPJ4

3 0
1 year ago
The flow of money in transnational corporations is not balanced. this is true in two ways. explain
AleksAgata [21]
1. Because only 25% of the foreign investment went from MDCs to LDCs.

2. Money is not invested evenly among LDCs (most money went to China).
3 0
2 years ago
Exercise 4-11 Computing net sales for multiple-step income statement LO P4 A company reports the following sales-related informa
dezoksy [38]

Answer:

Net sales revenue= 220,100

Explanation:

Giving the following information:

Sales, gross $ 245,000

Sales returns and allowances $ 20,000

Sales discounts 4,900

Sales salaries expense 10,900

<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>

Sales= 245,000

Sales returns and allowances=  (20,000)

Sales discounts= (4,900)

Net sales revenue= 220,100

4 0
3 years ago
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