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Sergeeva-Olga [200]
3 years ago
13

Liu Electronics budgeted sales of $400,000.00 for the month of November and cost of goods sold equal to 65 percent of sales. Beg

inning inventory was $80,000.00 and ending inventory is estimated at $72,000.00. The budgeted purchases for November are:________
Business
1 answer:
Leno4ka [110]3 years ago
8 0

Answer:

Purchases= $252,000

Explanation:

Giving the following information:

Sales= $400,000

Cost of goods sold equal to 65 percent of sales.

Beginning inventory= $80,000

Ending inventory= $72,000

To calculate the purchase required, we need to use the following formula:

Purchases= sales + desired ending inventory - beginning inventory

Purchases= (400,000*0.65) + 72,000 - 80,000

Purchases= $252,000

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sasho [114]

Answer:

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Explanation:

A change in autonomous spending will lead to a much larger final change in real GDP because of the multiplier effect. That spending will have a much larger final impact on real GDP.

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How to be a successful entrepreneur?
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Answer:

Don’t take ‘no’ for an answer

Learn from the best

Stay hungry and ambitious

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Inspire those around you

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Explanation:

It takes hard work and dedication and they are many free sources that is available today such as videos

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2 years ago
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Gennadij [26K]

Answer:

$15,960

Explanation:

The total profit on units sold for the consignor:

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3 years ago
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3 years ago
An advantage of using the nominal group technique of group decision making is thata) People can participate as they wishb) Peopl
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Answer:

Letter c is correct. <u>It encourages participation from everyone.</u>

Explanation:

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