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MAVERICK [17]
3 years ago
7

Company made total purchases of $ 250 comma 000 in the most current year. It paid freight in of $ 4 comma 000 on its purchases.

Freight​ out, the cost to deliver the merchandise when it was sold to Trift​'s ​customers, totaled $ 7 comma 200. Of the total purchases Trift made during the​ period, it returned $ 24 comma 000 of the merchandise. Trift took advantage of $ 2 comma 500 of purchase discounts offered by its vendors. What was Trift​'s cost of​ inventory?
Business
1 answer:
Romashka [77]3 years ago
6 0

Answer:

$ 227,500

Explanation:

given,                                          

total purchase in current year =  $ 250,000

Paid freight = $ 4,000                    

cost to deliver = $7,200                      

returned made = $ 24,000                          

Trift took advantage = $ 2,500                            

inventory = ?                                                          

inventory cost = purchases + freight inward - return stock - discount

                         = $ 250,000 + $ 4,000 - $ 24,000 - $ 2,500

                         = $ 227,500

the Trift's cost of inventory is equal to  $ 227,500

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Answer:

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Explanation:

We have given nation's capital stock at the start = $200 billion

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Gross investment is equal to

Gross investment =  Capital stock at the end of the year + consumption of private fixed capital - Capital stock at the starting of the year

= $350+$25-$200 = $175

So gross investment will be equal to $175 billion

4 0
3 years ago
vSelected financial data for The Portland Porcelain Works Coffee Mug Division is as​ follows: Sales $ 2 comma 000 comma 000 Oper
ioda

Answer:

Capital turnover = 2.5 times

Explanation:

given data

Sales =  $2,000,000

Operating income = $400,000

Total assets = $800,000

Current liabilities = $120,000

Target rate of return = 13​%

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we get here Portland Porcelain Works Coffee Mug Division capital turnover that is find here by dividing sales by total assets

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Capital turnover = \frac{sales}{total\ assets}     ......................1

put here value

Capital turnover = \frac{2,000,000}{800,000}

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5 0
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Ironwood bank is offering a 30 ​-year mortgage with an APR of 6.00 % based on monthly compounding. if you plan to borrow $ 160,0
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$160000 x 1.06 = $169600

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Bond A and Bond B both have 16 years to maturity and a face value of $1,000. Bond A has a 2.50% coupon while Bond B has a 5.5% c
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Answer:

Bond's A price will decrease by 27.09%

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If the market rate increases to 5%

Bond's A current price: using an excel spreadsheet we can calculate the net resent value: =NPV(5%,25... fifteen times,1025) = $729.06

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