Answer:
Explanation:
(a) The computation of the cost of goods sold is shown below:
= Beginning inventory + Purchase of new merchandise - ending inventory
= $4,000 + $22,000 - $4,500
= $21,500
(b) In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:
Answer:
Based on the options you have mentioned under the "comments" section, I'd choose option A. Its not useful to let social media influence you and do the deciding for you!
Explanation:
Looking at the price, comparing the cost and quality of various similar products, reading and analyzing the product reviews are all great ways to be informed and educated before spending your hard earned cash on something.
However, getting influenced through social media or through any media and letting the fancy words, graphics and quotes in marketing campaigns cloud your rational judgement is not very wise (its actually Stupid!) of course they influence you in some way, yet you must always decide rationally through logical reasoning.
Do I really need this? Are there any other products with the same quality at a lower price? Why is this so expensive? How long will it last? are some of the other basic questions you should answer before making a purchase. In the process of fining answers to such questions, you'll eventually make an informed purchase!
This is a<span> statute which requires certain types of contracts </span>to be in writing<span> in order to be enforceable.
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There will be 5 but please do read these to ensure you know them friend.
1: Contracts for the sale or lease of or a mortgage on real property. (Land, etc)
2: Contracts that cannot by their terms be performed within one year after the date was formed.
3: Collateral contracts such as promises to answer for the debt or duty of another individual.
4: Promises that are made in consideration of marriage.
5: Contracts as we went over before for the sale of goods of $500 or more.
Depression: ) ..................
Since there are different flavors I will try to see which of my flavors cost the most and which cost the least. Next I will see what are the qualities of each drink and first give a few samples out and determine which flavor I most liked and which flavor is least liked out of all. As soon as I have all of my information gathered I will set my prices for each and every different flavor as I think it should be and I will also do a little research online to see kind of where each of my prices need to range from.
