Answer:
$5,000= ending inventory
Explanation:
Giving the following information:
Gross margin is normally 40% of sales.
Sales= $25,000
beginning inventory= $2,500
purchases= $17,500
First, we need to determine the cost of goods sold:
COGS= 25,000*0.6= 15,000
Now, using the following formula, we can calculate the ending inventory:
COGS= beginning inventory + cost of goods purchased - ending inventory
15,000= 2,500 + 17,500 - ending inventory
5,000= ending inventory
Answer: D.I, II, III, and IV .
Explanation:
Hedge Funds are a form of Financial Partnerships where people pool money together and invest in various instruments. What sets them apart from Mutual funds is that they legally have the right to invest in just about anything, and they do.
Hedge Funds are very Aggressive in investing because they aim to make above average profits for their partners and indeed the only thing that normally reduces their investment scope is their own mandate or set limitations.
As such Hedge funds are allowed to invest in futures and options, merger arbitrage, currency contracts, and companies undergoing Chapter 11 restructuring and reorganization etcetera.
Answer:
bruh ok look its A
Explanation:
because this fool just got me wrong
Answer:
- The price buyers will pay will be higher
- The tax on T shirts will cause a dead weight loss
- There will be a decrease in T shirts sold
Explanation:
In this scenario when curve for demand and is not perfectly inelastic it means that with an increase in price there is a fall in the amount of a good demanded.
So when tax is imposed on the T shirts the producers will have a higher cost of production. This is transfered to the buyer in form of higher prices.
Since the increase in price reduces quantity demanded, the buyer will buy less T Shirts at the higher price
Dead weight loss is a cost to society as a result of inefficiency non the market.
When taxes are applied supply and demand go out of equillibrum as prices are now higher. Therefore tax imposition causes a dead weight loss.
