96,000 is the cost of goods sold.
Beginning inventory, $30,000;
Add: Purchases, $90,000.
Less: Ending inventory $24,000;
Cost of Goods Sold $96,000
Cost of Goods Sold is the number of direct materials, direct labor, and manufacturing overhead charged to the units sold during the period. Presented as a deduction from net sales to obtain gross margin for the period. The cost of goods sold is the total amount paid by a company for expenses directly related to the sale of its products. Depending on the business, this may include direct labor associated with manufacturing or selling products, raw materials, packaging, and merchandise purchased for resale purposes.
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Answer:
In simple words, the goals and objectives are the end meets or which every action must be taken. If the point of destination is clear the managers of the company can plan and execute effectively taking each action according to that predetermined end point.
In my experience, I had a goal to secure more than 70 percent in my final year of graduation. By clearing my goal and objective i took every step in the year to achieve that goal. This made me help myself to keep control.
Answer:
Effective Annual Rate = 8.1600%
Explanation:
The effective annual rate the interest rate that is adjusted for compounding over a given period of time. It is given by the formula:
![r = (1+\frac{i}{n})^n -1\\where:\\r = effective\ annual\ rate\\i = nominal\ interest\ rate\ = 8.00\% = 0.08 \\n = number\ of\ compounding\ periods\ per\ year\ = 2\ (semi-annually)](https://tex.z-dn.net/?f=r%20%3D%20%281%2B%5Cfrac%7Bi%7D%7Bn%7D%29%5En%20-1%5C%5Cwhere%3A%5C%5Cr%20%3D%20effective%5C%20annual%5C%20rate%5C%5Ci%20%3D%20nominal%5C%20interest%5C%20rate%5C%20%3D%208.00%5C%25%20%3D%200.08%20%5C%5Cn%20%3D%20number%5C%20of%5C%20compounding%5C%20periods%5C%20per%5C%20year%5C%20%3D%202%5C%20%28semi-annually%29)
![r = (1+\frac{0.08}{2})^2 -1\\r = (1\ +\ 0.04)^2 - 1\\r = (1.04)^2 - 1\\r = 1.0816 - 1\\r = 0.0816\\r = 8.1600 \%](https://tex.z-dn.net/?f=r%20%3D%20%281%2B%5Cfrac%7B0.08%7D%7B2%7D%29%5E2%20-1%5C%5Cr%20%3D%20%281%5C%20%2B%5C%200.04%29%5E2%20-%201%5C%5Cr%20%3D%20%281.04%29%5E2%20-%201%5C%5Cr%20%3D%201.0816%20-%201%5C%5Cr%20%3D%200.0816%5C%5Cr%20%3D%208.1600%20%5C%25)
Explanation:
A. Operational plans are the term for work plans that describe how a company will put its goals into action.
B. Business plans mean a formal plan that sets out the future strategy and financial development of a business.
C. Project frameworks describe the goals of a particular project, usually for a specified period of time.
D. Auditing refers to the process of examination of financial records to make sure that they are authentic and correct.
E. Debt finance can be defined as the money that must pay paid back.
F. Equity financing is the process of selling common stock or preferred stock to investors in order to raise money.
G. Marketing plan can be defined as details action necessary to achieve a specified marketing objective.
H. Performance management is used to gather information used within an organization that provides information for managers and employees to help them in performing their jobs.
I. Accounting is the process of recording, classifying, summarizing, interpreting, and communicating financial information about a business.
J. Operating expenses refer to the money required to keep a business going.
Answer:
b. Directory listings
Explanation:
Directory listings -
It refers to the method of advertising , where the previous information of the consumers are used in order to provide them information about some new product or plan , is referred to as the directory listing .
It is a very inexpensive method of advertising .
And a particular group of consumers are targeted while promoting the goods and services .
Hence , from the given information of the question ,
The correct answer is b. Directory listings .