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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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No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs
allochka39001 [22]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>
  • An organization's directors play a crucial role in governance on behalf of its shareholders or members.
  • The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
  • Each director must acknowledge and support the following standards of conduct:
  • To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
  • To proactively seek out sufficient knowledge about the organization's operations.
  • To constructively contribute to the formulation of pertinent organizational policies.
  • To give the organization's long-term strategies solid support.

In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created. 

Know more about Directors with the help of the given link:

brainly.com/question/14279294

#SPJ4

8 0
1 year ago
Use the chart to answer the questions. Year Potential GDP Real GDP 2017 $18.17 trillion $18.05 trillion 2018 $18.51 trillion $18
sineoko [7]

Answer:

a. Output gap for 2017 = –0.66%

b. Output gap for 2018 = 0.27%

c. From 2017 to 2018, the output gap became more positive.

Explanation:

The following are given in the question:

Year             Potential GDP                Real GDP

2017               $18.17 trillion               $18.05 trillion

2018               $18.51 trillion              $18.56 trillion

To calculate output gap in percentage form, the following formula is used:

Output gap = ((Real GDP -  Potential GDP) / Potential GDP) * 100 ......... (1)

Therefore, we have:

a. Calculate the output gap for 2017. %

Using equation (1), we have:

Output gap for 2017 = ((18.05 - 18.17) / 18.17) * 100 = –0.66%

b. Calculate the output gap for 2018. %

Using equation (1), we have:

Output gap for 2018 = ((18.56 - 18.51) / 18.51) * 100 = 0.27%

c. From 2017 to 2018, the output gap became more .

Since the output gap in 2017 is negative while the output gap in 2018 is positive; this implies that from 2017 to 2018, the output gap became more positive.

8 0
3 years ago
N april 1, santa fe, inc. paid griffith publishing company $1,548 for 36-month subscriptions to several different magazines. san
DerKrebs [107]
<span>Let us first find out how much of the prepaid subscriptions has been used up during the reporting year. $1548 is for 36 months. So the monthly rate of subscription charges will be 1548/36 = 43. During the reporting year, subscription charges are paid only for 9 months( from April to December) So the amount to be debited to subscription charges = 43 * 9 = 387. Subscription charges will be debited with $ 387 and prepaid subscriptions account will be credited with the same amount. The remaining amount, 1548-387=1161, will remain in prepaid subscriptions account as a debit balance.</span>
3 0
3 years ago
1. Give one example of professional behavior in a salon and how a cosmetologist could
lana [24]

Answer:

Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.

3 0
3 years ago
When a partnership is terminated, the assets are turned into cash, and obligations are paid .dissolution. termination. realizati
insens350 [35]
The correct option is NONE OF THE ABOVE.
When a partnership is terminated, the assets are are turned into cash and obligations are paid, the partnership is said to be WIND UP.
A partnership refers to a business relationship that involves two or more persons. A partnership dissolution is said to occur when one of the partners leaves the business. A partnership is said to be terminated when it stop operations. Partnership winding up involves the sales of the assets of the business, the payment of their business debts from the proceeds and the sharing of the remaining proceeds.
6 0
3 years ago
Read 2 more answers
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