Intelligence is the ability to acquire and apply knowledge and skills.
Answer:
$159,057
Explanation:
The computation of cost of goods sold is shown below:-
Total cost of goods available for sale = (7,200 × $10) + (4,000 × $13) + (12,000 × $13.50)
= $72,000 + $52,000 + $162,000
= $286,000
Total units = 7,200 + 4,000 + 12,000
= 23,200
Average cost per unit = Total cost of goods available for sale ÷ Total units
= $286,000 ÷ 23,200
= $12.33
So,
Cost of Goods sold = Sold units during the month × Average cost per unit
= 12,900 × $12.33
= $159,057
Therefore for computing the cost of goods sold for the month we simply applied the above formula.
Answer:
add up all of the business assets and deducting all of its liabilities.
Answer:
a. an ownership interest in the corporation.
Explanation:
Stock refers to the stake of the owners of a corporation in the company.
It is sometimes referred to as shares or owner's equity and the owners of stock are called shareholders.
Stock therefore may be described as an ownership interest in the corporation represented as equity in the financial statement.
Option a is right.
<span>I believe the answer to this question is: the price elasticity of demand is 60. q = 80 - 0.5(40) is the equation I used. Half of 40 is 20, and 80 minus 20 is 60.</span>
