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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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Genuineness, or reality, of agreement is said to be present in a contract when there is?
hichkok12 [17]

The correct answer is a true meeting of the minds.

Genuineness, or reality, of agreement is said to be present in a contract when there is a true meeting of the minds.

What is Genuineness or reality of aggreement?

  • Genuine Consent may be a total understanding between two competent parties.
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8 0
1 year ago
Which of the following is a disadvantage to Linux?
tatiyna

Answer:

Learning curve

Explanation:

5 0
2 years ago
Brewer Inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock ou
ASHA 777 [7]

Answer:

option 3 is correct answer that is $ 25000

Explanation:

Annual dividend paid to stakeholder = 5000\times $50\times 8% =$20,000

Dividend declared and paid in 2013 = $15,000

Preferred dividend = $20,000 -$15,000

                                = $5,000

since the available stocks are cumulative, No dividend has paid to common stockholders in the year  2014 until dividends in 2013 and annual dividends for the year  2014 are paid in full

therefore, $60,000 dividends declared and paid in 2014, the preferred stock holders will receive $5000 for 2013 dividend  and $ 20,000 for 2014 dividends

total dividends received by preferred stock holder in 2014 $5000 + $20,000

= $25,000

5 0
3 years ago
Assume that the price for swimming pool maintenance services has risen and sales of these services have fallen. one can conclude
Scorpion4ik [409]
It can be concluded that the supply of swimming pool maintenance services has decreased. We can not say that <span>the demand for swimming pool maintenance services has increased.It is not accurate to say things like  the technology has advanced the swimming pool services. By means of the situation gievn, we can say that the maintenance services have decreased. </span>
6 0
3 years ago
Which of the following is an example of a hidden variable? Quality of life is a hidden variable because it cannot be measured di
My name is Ann [436]

Answer:

<u>Quality of life is a hidden variable because it cannot be measured directly but must be inferred from measurable variables such as wealth, success, and environment. </u>

Explanation:

<u>Hidden variable:</u> The term "hidden variable" is described as the proposition that specific "statistical models" of any physical systems, for example, Quantum mechanics are being incomplete inherently, and along with this the apparent randomness of a particular system is being dependent not on "collapsing functions" but instead it is due to any unmeasurable or unseen or hidden variables.

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