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devlian [24]
3 years ago
15

The following amounts were obtained from the accounting records of Enderle Company: 2016 2017 2018 Beginning inventory $38,900 (

b) (d) Net purchases (a) $71,200 $91,820 Ending inventory 42,100 (c) 42,350 Cost of goods sold 83,500 90,800 (e) Required: Compute the missing amounts. 2016 2017 2018 Beginning inventory $38,900 $ $ Net purchases $71,200 $91,820 Ending inventory 42,100 42,350 Cost of goods sold 83,500 90,800
Business
1 answer:
Svetllana [295]3 years ago
4 0
It’s C because all the numbers add up to be it and so it is and just saying don’t listen to this answer cause I guessed
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Answer:

Stockholders’ equity ≡ Assets −Liabilities

Explanation:

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Assets = Equity + Liabilities

or

Equity = Assets - Liabilities

or

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Answer:

1- c. Process.

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Miguel, a recent​ 22-year old college​ graduate, wants to retire a millionaire. How much will he need to set aside annually to a
olga55 [171]

Answer

Miguel must set aside $62,745 annually

Explanation

N = Number of years till Miguel would retire = 43 years

FV = Future Value = $1,000,000

r = Interest rate = 10%

PMT = Annual payments (at the ending of the year) = ?? The question asks us to calculate this

We would use the future value ordinary annuity formula to calculate PMT

FV = PMT [\frac{(1+r )^{N} -1}{r} ]

1000000 = PMT [\frac{(1+0.10 )^{10} -1}{0.10} ]

PMT ≅ $62,745

Miguel must set aside $62,745 annually

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3 years ago
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