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bazaltina [42]
3 years ago
10

If a business using the specific identification method of inventory has two items on hand at $300 each and purchases four items

at $400 each, what is the value of inventory if two of the $300 items are sold
Business
1 answer:
Katyanochek1 [597]3 years ago
5 0

Answer:

The value of inventory is $1600.

Explanation:

The business has two inventory on hand that cost $300 each so total value of inventory = 2 × 300 = $600

The value of four items at $400 each = 4 × 400 = $1600

Total number of items = 2 + 4 = 6

Total value of 6 items = 600 + 1600 = $2200

The value of sold inventory = 2 × 300 = $600

The value of inventory = total value of inventory - The value of sold inventory

The value of inventory = $2200 - $600

The value of inventory = $1600

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Answer:

A and C only above

Explanation:

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4 years ago
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Brown's Frozen BBQ Sandwiches are made with goat meat drenched in a sweet onion sauce. These sandwiches would not be popular in
alex41 [277]

Answer:

D. Geographic

Explanation:

Geographic segmentation approach in marketing involves the division of target market according to geographical areas such as urban, rural and suburban areas, or cities, countries, and regions. This arises when people dwelling in different locations or geographical areas tend to have preference for different products or needs. Needs and preferences can vary from location to location, hence, using the geographical segmentation approach would help a business to effectively market its products, and focus on effectively meeting needs of specific market target, and thereby eliminate inefficient spending.

6 0
3 years ago
During lunch, the director of the Streets and Parkways Department of City made the following comment: “For the past 10 years, I
Usimov [2.4K]

The behavior is unethical as the overstatement in the figures is wrong.

<h3>What is an ethical behavior?</h3>

Honesty, fairness, and equity in interpersonal, professional, and academic relationships, as well as research and scholarly activities, are characteristics of ethical behavior. Individuals and groups of people's dignity, diversity, and rights are all respected in ethical behavior.

Obedience to company rules, effective communication, taking responsibility, accountability, professionalism, trust, and mutual respect for coworkers.

In this case, for the past 10 years, the director deliberately overstated the labor and equipment needs by 20 percent when preparing the budget request. This is unethical.

In order to cut down the padding, there should be a final review on the budget before it's submitted for approval.

Learn more about ethics on:

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6 0
1 year ago
Peng Company is considering an investment expected to generate an average net income after taxes of $3,300 for three years.
nikdorinn [45]

Answer:

3482.12

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

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($56,100 - $7500) / 3 = 16,200

Cash flow in year 0 = 56,100

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i = 5%

NPV =

3 0
3 years ago
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