1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Use the graph for a competitive market ti answer the question below
Svetlanka [38]

Answer:

$3.25

Explanation:

The new price for cigarettes will be the intersection point between the demand curves and the new supply curve.

Assuming S1 is the old supply curve without taxes and the new supply curve is S2 with taxes. The new price is the intersection of S2 and the demand curve, which is at $3.25.

3 0
3 years ago
Mary begins an internship at a small company that makes touchscreens for imported smartphones. Her first assignment is to estima
vova2212 [387]

Answer:

Mary should answer that more than half of the boxes not be rejected.

Explanation:

Probability:

Box has one defective screen = 0.6

Box has three defective screen = 0.4

no. of screens in a box = 8

The box is rejected if both of the inspected screens are defective.

Probability of rejecting a box:

=0.6\times\frac{1}{8}\times\frac{0}{7} + 0.4\times\frac{3}{8}\times\frac{2}{7}

= 0.04286

Only 4.286% of the boxes will be rejected.

Therefore, Mary should answer that more than half of the boxes not be rejected.

6 0
3 years ago
Prime Company began operations in January, 2019, by issuing 5,700 shares of 9%, cumulative, $65 par value preferred stock and 25
8090 [49]

Answer:

Preference dividend = 9% x $65 x 5,700 shares

                                = $33,345

Dividend paid to ordinary shareholders = $50,000 - $33,345

                                                                 = $16,655

Explanation:

The dividend paid to preferred stockholders is 9% of the par value multiplied by number of preferred stock outstanding. The dividend paid to common stockholders is the difference between total dividend paid and dividend paid to preferred stock holders.

6 0
3 years ago
Ryan miller would like to buy a condo in florida in six years. he is looking to invest $78,000 today in a stock that is expected
stira [4]
So you would do 78,000 * (1.137)^6

The formula is Principal * (1+rate)^number of terms

The answer is 168,522.30
7 0
3 years ago
Gains are: Multiple Choice Inflows from selling a product or service to a customer. Increases in equity from peripheral transact
kobusy [5.1K]

Answer:

The correct answer is letter "B": Increases in equity from peripheral transactions of an entity.

Explanation:

Gains are benefits that a company receives that are not part of the regular operations of the business, and are not part of investments or withdrawals Assets of a company that increases in value even if they are not meant to be sold represent a gain, for instance.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Grant has avoided applying for credit cards or taking loans. He only uses his savings to pay for purchases. What is the most lik
    8·2 answers
  • Dean brings up the ambiguity branch managers at First National Bank face. He believes senior leadership needs to make the manage
    9·1 answer
  • What is the best way to increase the availability of ecotourism? fly in more people from around the world. reduce the prices so
    14·2 answers
  • ou just won $80,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 9% pe
    5·1 answer
  • If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate
    5·1 answer
  • You left work on Thursday evening and forgot to turn in a report that was due that day to your manager. You decide you need to c
    11·1 answer
  • Marketing costs include all of the following except: A. Advertising.B. Shipping costs.C. Sales commissions.D.Legal and accountin
    11·1 answer
  • Times-Roman Publishing Company reports the following amounts in its first three years of operation: ($ in thousands) 2021 2022 2
    7·1 answer
  • _______ is a system for gathering information from respondents by continuously monitoring the advertising, promotion, and pricin
    8·1 answer
  • Today, benefit and service offerings add nearly _________ to an organization payroll costs
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!