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Mnenie [13.5K]
2 years ago
5

Thompson company updates its inventory records perpetually. the company's records showed a beginning inventory of $600, cost of

goods sold of $1,400, and ending inventory of $800. how much inventory was purchased during the year? $1,200 $1,000 $900
Business
1 answer:
Vinil7 [7]2 years ago
7 0
The total inventory can be calculated by adding the initial or beginning inventory which is equal to $600 and the cost of goods sold, $1,400. That is,
     
    T = $600 + $1,400 
    T = $2,000

Then, we subtract the ending inventory of $800 from the calculated value.

    S = $2,000 - $800
    S = $1,200

Hence, the answer to this item is the first choice. 
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In a small, closed economy, national income (GDP) is $750.00 million for the current year. Individuals have spent $300.00 millio
andrew-mc [135]

Answer:

1. $50 million

2. $50 million

3. In a closed economy, national savings equals investment

Explanation:

For a closed economy, the formula for calculating GDP = C + I + G

Where C - Consumption

I - investment

G - Government Spending

To find investment ,

750 = 300 + I + 400

I = $ 50 million

National savings = private saving + Government saving

Private saving = Y − T − C

750 - 300 - 250 = $200 million

Public savings = T - G

250 - 400 = $-150 million

National savings = $200 - $ 150 million = $ 50 million

Nb - All numerical values are in $ millions

6 0
3 years ago
The New American Enterprise Mutual Fund's portfolio is valued at $120,000,000. The fund has liabilities of $4,000,000, and the i
sasho [114]

Answer:

e. $20

Explanation:

The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000)  and then divided by the number of shares issued (5,800,000) .

N = \frac{\$120,000,000-\$4,000,000}{5,800,000} \\N=\$20

The fund's net asset value is $20

3 0
3 years ago
stakeholders include those affected by the result of the project, but not those affected by the process of performing the projec
koban [17]

The given statement is false that stakeholders include those affected by the result of the project, but not those affected by the process of performing the project.

A stakeholder is a party who has an interest in a company and can influence or be influenced by it. A typical corporation's primary stakeholders are its investors, employees, customers, and suppliers. However, as corporate social responsibility has gained prominence, the concept has been expanded to include communities, governments, and trade associations

Stakeholders can be both internal and external to a company. Internal stakeholders are individuals who have a direct interest in a company, such as employees, owners, or investors. External stakeholders are those who do not directly work for a company but are affected in some way by its actions and outcomes. External stakeholders include suppliers, creditors, and public groups.

Learn more about stakeholders here:

brainly.com/question/14514176

#SPJ4

3 0
1 year ago
You are the executive director of a nonprofit that runs an animal shelter and animal services, such as low-cost spay/neuter prog
KonstantinChe [14]

Answer:

I will:

b) Hold meetings with employees, volunteers, and representatives of other local shelters and listen carefully as they brainstorm ideas.

c) Honestly acknowledge the challenges the organization faces while also communicating optimism about finding the resources to fulfill your mission.

Explanation:

a) Withholding information about the organization's financial picture will not make employees to be loyal.  They are likely to find out the true position sooner than later.  If information is withheld and they find out later, they would never be loyal.  They would certainly leave the organization before financing is found for the organization sustenance.

b) Deceiving people by staying in the office and maintaining a "poker face" is not an option either.  "Poker face" cannot last forever.  One day, the true picture will show on the face.  Deception is not an art for business progress.

8 0
3 years ago
A company assigns overhead cost to completed jobs on the basis of 113% of direct labor cost.the job cost sheet for job 313 shows
Zielflug [23.3K]

A) total manufacturing cost
10,500×(113÷100)=11,865

B) total manufacturing cost
27,235+10,500+11,865=49,600
the unit product cost for job 313
49,600÷1,600=31

Hope it helps!

4 0
3 years ago
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