Answer:
Cost of goods sold =$61,5300
Gross Profit = $144,700
Explanation:
Given the information:
- Purchase : $630,000
- Purchase Returns and Allowances $25,700
- Prchases Discounts $10,900
- Freight-In $18,300
- beginning inventory of $45,000
- ending inventory of $64,600
- net sales of $760,000
As we the, the fomular for total Goods Available for Sale
=
Beginning Inventory + Purchases + Freight-In - Purchase Returns and Allowances - Purchases Discounts
= $45,000 + $630,000 + $18,300 - $25,700 - $10,900
= $67,9900
=> Cost of goods sold = Total Goods Available for Sale - ending inventory
= $67,9900 - $64,600
= $61,5300
=> Gross Profit = Net sales - Cost of goods sold
= $760,000 - $61,5300
= $144,700
Hope it will find you well.
This website would not exist. Social lives would improve because everyone would actually hang out with people. We would not be able to get places fast because cars would not be developed.
The correct answer is the syndicated panels. Syndicated
panels are responsible for collecting and selling common pools of data, they
made used of unit of measurements and they obtain their data through surveys,
electronic scanner services and diary panels. In addition, they obtain
institutional data from wholesalers, industrial firms and even retailers.
Answer:
d
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
GM has a higher beta and thus it has a higher systemic risk
total risk is measured by volatility. The higher the volatility, the higher the total risk . GM has a higher volatility
Answer:
lets say the Sugar
Explanation:
Sugar is a consumable good as u can use to make tea, it also can be used in the production of many industrial goods eg beverage, brewery, etc