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2 years ago

A store that has very limited inventory commonly uses what type of inventory method ?

Business

1 answer:

faltersainse [42]2 years ago

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RETAIL INVENTORY METHOD SHOULD BE USED BY A STORE .

Explanation:

The retail inventory method is an accounting method used to estimate the value of a store's merchandise. The retail method provides the ending inventory balance for a store by measuring the cost of inventory relative to the price of the merchandise. Along with sales and inventory for a period, the retail inventory method uses the cost-to-retail ratio.

Periodic counts might be once every two months or every three weeks, depending on warehouse size and company needs. This will create better visibility than yearly or seasonal options but it also requires more time and manpower. Workers must ensure they are performing inventory consistently between each count.

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A company’s unit costs based on 100000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $165

Simora [160]

Answer:

$81,000

Explanation:

The computation of the incremental profit (loss) from accepting the order is shown below:

Contribution per unit = $165 - $75

= $90

Now

Loss on contribution for giving up regular sales is

= $4,100 × 90

= $369,000

Now Incremental contribution for special order is

= ($135 - $75) × 7,500

= $450,000

So,

Incremental profit is

= $450,000 - $369,000

= $81,000

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2 years ago

The ""covenant"" traditionally signifies the a. relationship between Abraham (and later Moses) and Jahweh. b. merging of Judaic

Bogdan [553]

The correct answer to the question above is:

a. relationship between Abraham (and later Moses) and Jahweh.

The covenant was first established by Jahweh with Abraham. He showed his faith to Jahweh’s promises, obedience to His commandments, and worships Him with all his heart.

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3 years ago

What is the total annual dividend received from owning 75 shares of stock A, if Company A issues a $0.20 quarterly dividend to i

creativ13 [48]

The total annual dividend received is $60.

The computation of the total annual dividend is as follows:

Given that

There are 75 shares.

And, the quarterly dividend is $0.20.

So,

The annual dividend should be

= $0.20 × 4 quarters

= $0.80

Now the annual dividend is

= 75 shares × $0.80

= $60

Therefore we can conclude that the total annual dividend received is $60.

Learn more about the dividend here: brainly.com/question/13535979

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2 years ago

If price increases from $45 to $55, the market quantity supplied increases from 20 units per week to 30 units per week. The pric

hichkok12 [17]

Answer:

The answer is 2.25

Explanation:

Price Elasticity of Supply (PES)= percentage change in Quantity demanded/ percentage change in price

PES= (30-20)/20 *100) /( 55-45)/45*100) = 50%/22.22% = 2.25

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2 years ago

Many employers are wary of giving references for which of the following reasons? They suck up resources and energy from manageme

KIM [24]

Answer:

The most accurate answer is *They fear that if they give a positive reference for someone who doesn't work out in a new job, they may be sued by that person's new employer.

Explanation:

Giving a reference of an employees character, professional and ethical behavior, productivity and integrity is a great responsibility and not just a mere simple act.

this is mainly because the references are a main way to assess the suitability of hiring an employee and if we give an incorrect reference, the other firm might rely on it and hire an ineffective employee.

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2 years ago