Answer:
It is known that in the periodic inventory, the accounting record of the stock of goods will occur only at the end of a certain period with the physical count of the existing quantities. Consider the following CVM information = 500.00; Initial Inventory = 700.00 and Purchases = 800.00. Applying the concept of periodic inventory and applying the formula for calculating the CMV, determine the value of the final stock.
ALTERNATIVES
Final stock of 2,000.00.
Final stock of 1,500.00.
Final stock of 1,300.00.
Final stock of 1,200.00.
Final stock of 1,000.00.
Final Stock (EF) = 1,000.00
Step-by-step explanation:
Alternative E - Final stock of 1,000.00.
Given That,
CMV = 500,00
Initial Stock (EI) = 700.00
Purchases (C) = 800.00
Final Stock (EF) = ?
Formula
CMV = Initial Stock (EI) + Purchases (C) - Final Stock (EF)
CMV = EI + C - EF
500 = 700 + 800 - EF
500.00 = 700.00 + 800.00 -X
500 = 1500- EF
500.00 = 1,500.00-X
EF = 1500-500
X = 1,000.00
EF = 1,000.00
Therefore, the final stock is 1,000
He spent <span>150.97 hope this helps :) have a good day</span>
Answer:
yes ur correct its nonlinear lol
Step-by-step explanation:
The first (and most typical) way to find distance of two points is by using the distance formula.
One alternative is the Manhattan metric, also called the taxicab metric. This option is much more complicated, and rarely used in high school math. d(x,y)=∑i|xi-yi|
