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1 year ago

Question is in the image below! please help!

Business

1 answer:

iogann1982 [59]1 year ago

6 0

Based on the discount offered by Next furniture, the discounted price of a sofa would be $669.33

<h3>What is the discounted price of the sofa?</h3>

This can be found as:

= Original price x (1 - discount rate)

Solving gives:

= 999 x (1 - 33%)

= 999 x 0.67

= $669.33

Find out more on discount rates at brainly.com/question/1385340.

#SPJ1

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Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact

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Answer:

COGS= $854,000

Explanation:

Giving the following information:

the cost of goods manufactured, $866,000

beginning finished goods inventory, $252,000

and ending finished goods inventory, $264,000

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 252,000 + 866,000 - 264,000= $854,000

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3 years ago

A bank has on-balance-sheet assets with a book value of $940 million and a market value of $985 million and on-balance-sheet lia

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Answer:

$45 million

Explanation:

Data provided in the question:

Book value of assets = $940 million

Market value of assets = $985 million

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Off-balance-sheet liabilities = $160 million

Now,

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8 0

3 years ago

The new owner of a beauty shop is trying to decide whether to hire one, two, or three beauticians. She estimates that profits ne

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Answer:

the expected annual profit for the number of beauticians is $70,000

Explanation:

The computation of the expected annual profit for the number of beauticians is shown below:

= 50 × 0.50 + 75 × 0.20 + 100 × 30

= 25 + 15 + 30

= 70

= $70,000

hence the expected annual profit for the number of beauticians is $70,000. The same is to be considered

All other information that are mentioned should be ignored

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3 years ago

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2 years ago

The beginning inventory of BG Action Figures is understated by $7 million at December 31, 20x8. What is the effect on 20x8 cost

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Answer:

$7million understated

Explanation:

Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.

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3 years ago