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Bas_tet [7]
3 years ago
13

A review of Munchen Corporation's financial statements reveals the following information: cost of goods sold: $100,000; decrease

in inventory: $5,000; increase in accounts payable: $10,000. Cash paid to suppliers was _________.
Business
1 answer:
drek231 [11]3 years ago
8 0

Answer:

The Cash paid to suppliers was $85,000

Explanation:

Data provided in the question:

Cost of goods sold = $100,000

Decrease in inventory = $5,000

Increase in accounts payable = $10,000

Now,

Cash paid to suppliers will be

= Cost of goods sold - Decrease in inventory - Increase in accounts payable

= $100,000 - $5,000 - $10,000

= $85,000

Hence,

The Cash paid to suppliers was $85,000

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Answer:

Professional career typists

Explanation:

People that can type fast usually use a type of keyboarding known as touch typing. Basically the person typing knows the location of each key by muscle memory.  This increases the speed of typing. But only professional career typists are the ones that can type or exceed 100 words per minute.

4 0
2 years ago
Read 2 more answers
Explain the roles of monetary and fiscal policy in causing and ending hyperinflation.
german

Answer:

Explanation:

Hyperinflation occurs when the prices of goods and services increases very rapidly. This situation is stirred up when the federal government in a country prints more money in order to finance their fiscal budget, this leads to increase in price coupled with inflation, this is as a result of increase in the supply of money.

The government is supposed to secure the supply of money in order to reduce inflation instead of printing more money. Consumers that understands what this means anticipates increase in price, this makes them buy more before the eventual increase in price.

Note that during hyperinflation debtors benefits, because their debt becomes worthless due to increase in price.

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3 years ago
Some proponents of labor law reform believe that
worty [1.4K]

Answer:

Some proponents of labor law reform believe that: D. All of the above.

Explanation:

6 0
2 years ago
What is the total cost of a $95. 00 item with a sales tax of 6%?.
serg [7]

The item has total cost paid after sales tax is $100.7.

The total cost for an item is the selling price that is paid after the addition of tax. The tax is the percent amount paid on the item over the selling price.

<h3>Computation for the total cost of the item</h3>

The cost of the item, <em>c</em> = $95

The percent tax added to the sale is, <em>t</em>=6%

The amount of tax paid is given as:

\text{ Amount}=c\;\times\;\dfrac{t}{100}\\\\ \text {Amount}=95\;\times\;\dfrac{6}{100}\\\\ \text {Amount}=5.7

The amount of tax paid on the item is $5.7.

The total cost of the item is given as:

\rm Total \;cost=\textit c\;+\;tax\\\\Total\;cost=95\;+\;5.7\\\\Total\;cost=100.7

The total cost paid for the item after sales tax is $100.7.

Learn more about tax, here:

brainly.com/question/1362871

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Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for th
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