Answer:
$3,900
Explanation:
The computation of the inventory purchase is shown below:
As we know that
Sales - gross profit = Cost of goods sold
$8,200 - $5,300 = Cost of goods sold
So, the cost of goods sold is $2,900
Now the cost of goods sold is
Cost of goods sold = Opening stock + purchase made - ending stock
$2,900 = $1,100 + purchase made - $2,100
$2,900 = -$1,000 + purchase made
So, the purchase made is
= $2,900 + $1,000
= $3,900
The part of Mateo's goal that is missing in regards to buying the guitar in two months is the amount that is saved towards the goal.
<h3>What detail is missing?</h3>
The scenario painted talks about the amount that Mateo earns per week which is $500. Earning this amount, he should be able to purchase the guitar in 5 weeks if he devotes it all to the guitar.
He however says he can only buy the guitar in two months which means that the entire amount is not going towards the guitar. The missing detail is the amount that is saved every week.
Find out more on saving at brainly.com/question/341992.
Answer:
52.7%
Explanation:
Coefficient of variation=
times 100%
=
times 100%
= .5270462767 times 100%
= 52.704627667
Which rounded to the nearest tenth percent is 52.7%
Answer:
to explain any difference between the depositor’s balance per books with the balance per bank
Explanation:
The goal of this process is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:
1. The process flow starts with the bank’s ending cash balance
2. Add any deposits made by the company to the bank that are in transit
3. Deduct any cheques that are uncleared by he bank
4. Add or deduct any other items available as necessary
5. In the company bank records, once again start with the ending balance
6. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.
7. Add interests earned
At the end of this process, it is likely that both accounts would be equal and tally.
Answer:
Benefit both parties
Explanation:
Communication is the process of transferring information from the sender to the receiver. In a communication process: The sender encodes the information, transmits it via a medium, the sender receives the message, decodes it, perceives it and send feedback to the sender.
It the process mentioned above, communication will become ineffective if any of the things is not done properly. Consequently, it should involve, and therefore, benefit both the parties.