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Greeley [361]
3 years ago
7

Juice Drinks has beginning inventory of $10,000, purchases in the amount of $150,000, and ending inventory of $8,000. Juice Drin

ks cost of goods sold is $ ____________.
Business
1 answer:
astra-53 [7]3 years ago
8 0

Answer:

$152,000

Explanation:

Given the data as shown below;

Opening inventory = $10,000

Purchases = $150,000

Ending inventory = $8,000

Therefore,

Juice drinks cost of goods sold = Opening inventory + Purchases - Ending inventory

= $10,000 + $150,000 - $8,000

= $152,000

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Mariana [72]

Answer:

This kind of malware attack is known as ransomware.

Explanation:

-Ransomware is a type of malicious software that typically involves encrypting the files of a victim's PC, laptop or systems. The hacker(s) This essentially denies the victim any access to their data.They then demands payment in order to allow the victim access to their own data. The payment is always required to be transferred in crypto-currency to the hackers.

-Examples of ransomware includes Reveton, CryptoLocker, CryptoWall and the infamous Wannacry which attacked many victims PC across the globe in 2017. Ransomware attacks can be initiated by a user unknowingly visits an infected website.The malware then self downloads and installs itself onto the user’s PC without their knowledge.

-Ransomware attacks can be prevented by using advanced antivirus.

7 0
3 years ago
On average, a person with a bachelor's degree earns
Georgia [21]

Answer:

B

Explanation:

the knowledge.. between a Bachelor degree and an associate degree. is leser

5 0
3 years ago
ThingOne Company has the following information available for the past year. They use machine hours to allocate overhead. Actual
frozen [14]

Answer:

the variable overhead efficiency variance is $1,840 unfavorable

Explanation:

The computation of the variable overhead efficiency variance is shown below:

= Standard variable overhead rate × (standard hours - actual hours)

= $4.60 × (10,600 - 11,000)

= $1,840 unfavorable

Hence, the variable overhead efficiency variance is $1,840 unfavorable

As the standard hours would be less than the actual hours so it would be unfavorable variance

7 0
2 years ago
Larkspur, Inc. reports net income of $89,770 in 2017. However, ending inventory was understated by $7,100. Collapse question par
swat32

Answer:

$96,870

Explanation:

The understatement of ending inventory causes the cost of goods sold to be overstated and the gross and net income to be understated by the same amount.

If the 2017 ending inventory was understated by $7,100 then the correct net income figure for 2017 will be $7,1000 more that what was reported.

Therefore, 2017 corrected net income

= $89,770 + $7,100

= $96,870

4 0
3 years ago
Randy is an accountant at XYZ Store Co. In January the store had $150,000 in sales, $35,000 in payroll, $20,000 in rent and util
xenn [34]

Net cash flow is basically the difference of the cash balance from the beginning of the period to the end of the period. For this instance, we take sales and subtract the listed expenses.

January = 150,000 - 35,000- 20,000 -20,000 = 75,000 net cash flow

February = 175,000 - 39,000 - 25,000 - 45,000 = 66,000 net cash flow

For the change you divide (February/January) -1 or (66,000/75,000)-1= -.12

The growth in cash flow was -12%

5 0
3 years ago
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