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nadya68 [22]
4 years ago
14

Chicago​ Steel's operating activities for the year are listed below.Beginning inventory​ $1,000,000Ending inventory​ $350,200Pur

chases​ $750,400Sales revenue​ $1,500,900Operating expenses​ $700,500What is the gross profit for the​ year?
Business
1 answer:
OlgaM077 [116]4 years ago
3 0

Answer:

Gross Profit         100700

Explanation:

Beggining Inventory  1000000

Purchases                  750400

Inventory comsuption             x

Ending Inventory          350200

 

Ending I=begginin Inv+Purchases-comsuption  

Comsuption= 1400200  

 

Sales revenue 1500900  

Cost               1400200  

Gross Profit         100700  

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Explanation:

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4 years ago
PB9.
Drupady [299]

Answer:

transferred out  = 1550 units

Explanation:

given data

beginning WIP inventory = 600 units

received = 1,500 units

end of month with process =  550 units

to find out

transferred out

solution

we get here transferred out by the given equation that is

Units in Work in process at the end of the month = Beginning WIP inventory + Units receive or started - transferred out   ..................1

put here value we will get

550 = 600 + 1500 - transferred out  

transferred out  = 1550 units

5 0
3 years ago
Diversification merits strong consideration whenever a single-business company A. has integrated backward and forward as far as
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Answer:

The correct answer is B.

Explanation:

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Diversification merits strong consideration whenever a single-business company is faced with diminishing market opportunities and stagnating sales in its principal business.

3 0
3 years ago
What do you mean Business Enviroment and Economic Enviroment respectivley?​
sergiy2304 [10]

<u>Explanation:</u>

Business environment refers to the factors pertaining to internal or external to the organisation that affects the working of the organisation. The environment provides threats and challenges for the business organisations. So the business organisations should know about their environment to smoothly function the business activities.

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6 0
3 years ago
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yuradex [85]

Answer:

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In this question, we are interested in calculating the portfolio’s new beta given the value of the beta of the stock which is used in replacing it.

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Mathematically;

Portfolio beta=Respective beta * Respective investment weight

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= 0.375 + 0.2 + 0.25 + 0.3 = 1.125

8 0
3 years ago
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