Answer:
$ 15,480
Explanation:
Data provided:
Beginning merchandise inventory = $ 52000
merchandise purchased = $ 280000
Freight charges = $ 9000
Returned merchandise = 4000
Discounts provided = 2/10 = 0.2 = 2%
thus,
for purchase merchandise, total discount = (Purchased - returned) × 2% = = (280000-4000) × 0.2 = $ 5520
Thus,
the cost of goods available for sale = (Beginning merchandise inventory + merchandise purchased + Freight charges - Returned merchandise - Discounts provided )
or
the cost of goods available for sale
= $52000 + $280000 + $9000 - $4000 - $5520 ) = $ 331,480
Also, Cost of goods sold = $ 316000
Hence,
The ending inventory = cost of goods available for sale - Cost of goods sold or
The ending inventory = $ 331,480 - $ 316000 = $ 15,480
Answer:
NPV = $ 1,565
Explanation:
The net present value of refurbishing the equipment is calculated as follows : -
NPV = - $ 125,000 + $50,000 \div 1.091 + $50,000 \div 1.092 + $50,000 \div 1.093
NPV = $ 1,565
Answer:
Website
Annual Reports
Magazines
Newspaper
Television Advertisement
Explanation:
The company website are the reliable source for the information. These websites include information about the specific product details. Brent can easily get access to details about product design, their specification and details. There can be other website which provide reviews of products. Brent can access those website to observe the reviews of the product but since the reliability of these website can be questioned so its better not to trust everything you read.
Answer:
False
Explanation:
Every single area of an organization works together, even if the people are not actually in the same room or location. What the finance department does affect the whole organization, and what the rest of the organization does affects the finance department. E.g. the CFO is trying to get a new loan. He/she will be able to do it only if the whole organization works properly and is efficient, if not, no bank or investor will lend the organization money.
Answer:
A company’s suppliers, supplier’s suppliers, and the processes for managing relationships with them is the:
A. upstream portion of the supply chain.
Explanation:
The upstream portion of the stream differs from the downstream portion as the downstream portion is composed by the distribution means to link the company with the consumers.