Answer:
Cost of goods manufactured= $11,660
Explanation:
Giving the following information:
Beginning inventory= $8,000
Ending inventory= $9,400
COGS= $10,260
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
10,260 = 8,000 + cost of goods manufactured - 9,400
cost of goods manufactured= 10,260 - 8,000 + 9,400
cost of goods manufactured= $11,660
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The financial activity that helps a company based in another country is : A. Foreign direct investment
Foreign direct investment is a type of investment in the form of ownership of a business entity by an entity in another country. For example : Berkshire Hathaway ownership of a an entity in Indonesia
Answer:
Standard-cycle markets
Explanation:
Standard-cycle market is a type of market whereby companies, in a bid to stand out among its competitors and ensure they command a large market share, create a niche for themselves. By so doing, they design brand names that give them a competitive advantage over their competitors, making it difficult for their competitors to imitate their design.
A standard-cycle market is most operative when there are many competitors serving a large target market.
Competitive actions and responses are in a standard-cycle market are focused on secure large market shares among several competitors, while relying majorly on competitive advantage over the other competitors, in order to remain competitive.
The financial statement that report the financial position of a business over a period of time is the balance sheet.
<h3>What is a balance sheet?</h3>
At the end of each accounting period, a balance sheet—a financial statement—is produced. It computes the financial condition at a particular time by listing all the assets and liabilities. The difference between total assets and total liabilities is known as equity.
The balance sheet of a corporation, commonly referred to as the statement of financial position, provides information on the company's book value. The three sections of the balance sheet consist of the corporation's assets, liabilities, and shareholder's equity as of a specific date.
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which of the following financial statements report(s) the financial position of a business over a period of time? (check all that apply.)
Balance sheet
Profit and loss account
Asset
Debt