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statuscvo [17]
3 years ago
12

Stevens Company started the year with an inventory cost of $145,000. During the month of January they purchased inventory that c

ost of $53,000. January sales totaled $140,000. Estimated gross profit is 35%. The estimated ending inventory as of January 31 is
a. $107,000
b. $58,000
c. $91,000
d. $69,300
Business
1 answer:
Korvikt [17]3 years ago
6 0
D is correct. i might be wrong
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Answer:

The journal entries are shown below

Explanation:

The journal entries are as follows

a. Product warranty expense $13,590             ($151,000 × 9%)

        To Product warranty payable $13,590    

(Being the warranty estimated expense is recorded)

b. Product warranty payable   $207

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                 To Wages payable $87

(Being the warranty work is recorded)

Only these two entries are passed

8 0
3 years ago
The improvement in the value of the objective function per unit increase in a right-hand side is the a. sensitivity value. b. du
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Answer:

dual price

Explanation:

According to my research on economics, I can say that the improvement in the value of the objective function per unit increase in a right-hand side is referred to as the dual price. This strategy is used by most businesses as a way of taking market shares away from their competitors.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
What concerns might a gap employee working in one of its stores have because of its social stance?
DochEvi [55]

There are many concerns that gap employees because of its social stance.

Gap employees may not be convinced there efforts are the one that took the organisation and making the environment a better working place. Workers have filed a problem in case of female abuse and behaviour.

The monitoring system does not guarantee a full proof security system. They have lodged more complaints about harrassment. It also shows in affectiveness in terms of operations.

The effects are made in supply chain relations only just to improve the production process but all the organisation that want its employees to work in safer environment.

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6 0
2 years ago
True or false: shopping ads can appear at the same time as text ads, allowing shoppers to find the best match before clicking th
morpeh [17]
The answer in the statement above is true. It is because the shopping ads that they provide has the ability of having to provide the text ads in the same time in which is beneficial towards its shoppers because not only they will know about the product but they find the best match for the product that they would like to purchase.
5 0
3 years ago
Ecolap Inc. (ECL) recently paid a $0.46 dividend. The dividend is expected to grow at a 14.5 percent rate. At a current stock pr
UNO [17]

Answer:

a) 15.69%

Explanation:

The computation of the expected return is shown below:

= (Current year dividend ÷ current price) + growth rate

where,

Current year dividend = Dividend × ( 1 + dividend growth rate)

                                     = $0.46 × (1 + 14.5%)

                                     = $0.527

And, the other item values remain the same

Now put these values to the above formula

So, the value would be equal to

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4 0
3 years ago
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