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spin [16.1K]
2 years ago
9

[The following information applies to the questions displayed below.]

Business
1 answer:
Novay_Z [31]2 years ago
4 0

The ending inventory and the cost of goods sold using the conventional retail method will be $135992, and $1361508 respectively.

<h3>How to illustrate the information?</h3>

It should be noted that the ending inventory simply means the value of goods that are still available for sale at the end of an accounting period.

From the calculation in the attached document, the goods available for sale was 1497500 and the estimated cost of goods was 1361508. Therefore, the estimated inventory at cost was:

= 1497500 - 1361508

= 135992

The document is attached for further explanation.

Learn more about ending inventory on:

brainly.com/question/25838213

#SPJ1

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You are long 10 put contracts on Cisco (CSCO) with a strike price of $55.00. The option premium is $1.75 per share, and the mark
velikii [3]

Answer:

$42.50

Explanation:

Here, buying a put option means that the option holder will gain when the share price falls below the strike price.

Strike price is $55

Premium paid is $1.75 per share

Premium paid = $1.75 * 10 = $17.5

Shares are selling for $49

=> $(55- 49) * 10 contracts = $60.

So, net profit = $60 - $17.5 = $42.5

5 0
3 years ago
Which payment method typically charges the highest interest rates
34kurt
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3 years ago
A mass of warm, moist air rises through the atmosphere. Then clouds form in the air mass as its temperature decreases. How does
KonstantinChe [14]

The difference in humidity is what causes the clouds to form disperse and to rain down.

Explanation:

When there is more humidity it means that there are more water droplets in the air.

This means that these water droplets can join with small particles in the air and form clouds around themselves.

These clouds go up in the air and get cooled down and condense so they then become clouds but they also become heavy because they are cold.

Now that they are heavy they begin to come down and the difference of humidity down below makes it warmer and then the clouds fall with the rain and the process begins again.

8 0
4 years ago
A way that traditional retailers can compete with online retailers is to: Multiple choice question. use franchises that deliver
Arisa [49]

In order to compete with the online retailers, the traditional retailers can use franchises that deliver, require an administered system for all, and increase their market share.

<h3>Who is a retailer?</h3>

A manager or owner of a business organization or a unit that specializes in selling of products to their customers, which they procure from the supplier, is known as a retailer.

Hence, options A, C and D hold true regarding the traditional retailers.

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brainly.com/question/22529010

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7 0
3 years ago
A company that sells multiple types of products has a selling price per composite unit of $150, variable cost per composite unit
olganol [36]

Answer:

See below

Explanation:

With regards to the above information, the contribution margin is computed as seen below.

Contribution margin per composite unit = Selling price per composite unit - Variable cost per composite unit

= $150 - $50

= $100

Hence, the contribution margin per composite unit is $100

3 0
3 years ago
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