Answer:
The cost of goods sold (income statement) should include 1 unit purchased on April 5 at $10.
The merchandise inventory account (balance sheet) should include the 4 units purchased later including their purchase date and specific cost:
- 1 unit purchased on April 10 at $12
- 1 unit purchased on April 15 at $14
- 1 unit purchased on April 20 at $16
- 1 unit purchased on April 20 at $17
The answer is, Ofc Depot is entitled to a partial recovery under the contract.
<h3>
What is the meaning of immediate recovery?</h3>
- The most frequent type of recovery, immediate or short-term, happens shortly after an exercise session or other activity.
- Low-intensity activity after working out and during the cool-down period is part of short-term healing.
<h3>What is short term recovery?</h3>
- Response and short-term healing occur simultaneously and are overlapping.
- It entails undertaking tasks including restoring interrupted utility and other necessary services, reopening transportation routes, and offering food and shelter to individuals who were displaced by the catastrophe.
<h3>What are the 5 stages of recovery?</h3>
- Precontemplation, contemplation, preparation, action, and maintenance are the five stages of addiction treatment.
Learn more about partial recovery here:
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Answer:
$200,000
Explanation:
The computation of the gross margin is shown below:
As we know that
Gross margin = Sales - cost of goods sold
= (800 units × $500 per unit) - (800 units × $250 per unit)
= $400,000 - $200,000
= $200,000
We simply applied the above formula so that the gross margin could come
And the other items which are mentioned in the question are to be ignored as they are not relevant
Answer:
The correct answer is (e)
Explanation:
Digital currency, such as bitcoin is out of government’s control. Similarly, the market decides their price and that makes them unpredictable. Likewise, the digital money has various problems that make them different and hard to trust on, such as, they can’t be used as means of payment, the unit of account, store of value and standard value. Because fiat money is equipped with all those advantages, which is why people doubt that current forms of digital will replace traditional money.
