Answer:
$685
Explanation:
Data provided in the question:
Cost of inventory at the beginning of the year = $210
Cost of merchandise purchased = $635
Inventory at the end of the year = $160
Now,
cost of goods sold for the year
= Beginning inventory + Cost of merchandise purchased - Ending inventory
or
Cost of goods sold for the year = $210 + $635 - $160
or
Cost of goods sold for the year = $685
Answer:
The answer is "$1.01"
Explanation:
Revenue from operations $10,600,000
Operations discontinued
Loss of discontinued operation
Division of restaurant (net of tax)
$315,000
Loss of diner disposal
division (net of tax)
189,000
504,000
$10,096,000 in net income
Start sharing income
Revenue from operations $1.06
Net of tax (0.05)* Discontinued transactions
$1.01 Net Revenue
Answer: The correct answer "e. lower; rise; raises".
Explanation: According to the keynesian transmission mechanism, a rise in the money supply will <u>lower</u> the interest rate, causing a <u>rise</u> in investment demand, which then <u>raises</u> Real GDP.
because a decrease in the interest rate, would cause companies to decide to take loans to invest, thus increasing investment and as a result would increase GDP
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