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ArbitrLikvidat [17]
3 years ago
5

In reviewing the firms whose stocks comprise the Dow Jones Industrial Average, we discover: a) There is an even mix between big

and small companies. b) The same 30 stocks have been used since the inception of the indicator. c) These stocks change periodically as deemed appropriate. d) Different companies are used each year.New stocks are substituted when the Dow Jones Corporation believes that it is needed to reflect a change in the structure of the market.
Business
1 answer:
Svetach [21]3 years ago
7 0

Answer:

C, is the correct answer.

Explanation:

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Wall -to- wall records' April 1 inventory had a cost of $48,000 and a retail value of $70,000. During April, net purchases cost
algol13

Answer:

<u>The correct answer is that the cost of the ending inventory using the retail inventory method is US$ 100,962</u>

Explanation:

Wall-to-Wall Records

                                        Cost          Retail

Beginning Inventory $ 48,000 $ 70,000

Purchases                     $ 210,000       $ 390,000

Cost of Goods Available for Sale $ 258,000 $ 460,000

Cost to Retail Ratio

= $ 258,000 ÷ $ 460,000

= 0.5609 = 56.09%

                                                    Cost            Retail

Cost of Goods Available for Sale $ 258,000   $ 460,000

− Sales                                                                 $ 280,000

Ending Inventory                                          $ 180,000

× Cost to Retail Ratio                                    0.5609

<u>Ending Inventory                           $ 100,962 </u>

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Which were important characteristics of Sparta's government? Select the two correct answers.
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