Answer:
$233,000
Explanation:
As we know that
Cost of goods sold = Beginning inventory + net purchase - ending inventory
where,
Beginning inventory = $32,000
Net purchase is
= Purchase - purchase discounts - purchase returns + freight in
= $240,000 - $6,000 - $10,000 + $17,000
= $241,000
And, the ending inventory is $40,000
So, the cost of goods sold is
= $32,000 + $241,000 - $40,000
= $233,000
We simply applied the above formula so that the cost of goods sold could come
Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
Using this formula
Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)
Let plug in the formula
Midsized automobile price = $11,000 (3× -1.2) / 1 + (3× -1.2)
Midsized automobile price = $14,000 × -4.8/ -3.8
Midsized automobile price = $14,000 × 1.384615
Midsized automobile price = $15,230.765
Midsized automobile price =$15,230.77 (Approximately)
Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
Learn more here:brainly.com/question/16991499
Answer:
Business to business(B2B), Business to business(B2B)
Explanation:
B2B companies are supportive enterprises that offer the things other businesses need to operate and grow. It is a business transaction that take place among two business owners where one offers his platform to push the product of the other in return for a commission or certain percent cut.
Answer:
Compared to a barter economy, using money increases efficiency by reducing: transaction costs. Barter is the: direct exchange of goods and services.
