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
never [62]
3 years ago
6

: As a result of a thorough physical inventory, Railway Company determined that it had inventory worth $180,000 at December 31.

This count did not take into consideration the following facts: Rogers Consignment store currently has goods worth $35,000 on its sales floor that belong to Railway but are being sold on consignment by Rogers. The selling price of these goods is $50,000. Railway purchased $13,000 of goods that were shipped on December 27, FOB destination, that will be received by Railway on January 3. Determine the correct amount of inventory that Railway should report.
Business
1 answer:
kvv77 [185]3 years ago
8 0

Answer:

$215,000

Explanation:

Data provided in the question

The worth of inventory = $180,000

Goods worth on its sales floor = $35,000

The selling price of the goods = $50,000

Purchase value of the goods = $13,000

So by considering the above information, the correct amount of inventory reported is

= The worth of inventory + Goods worth on its sales floor

= $180,000 + $35,000

= $215,000

You might be interested in
The following data apply to Elizabeth's Electrical Equipment:
Romashka [77]

Answer:

$50

Explanation:

Calculation to determine the intrinsic per share stock price be immediately after the repurchase

First step

Total Assets=Value of operations of 20,000+ Short term investments of 1000

Total Assets=$21,000

Second step

Equity =Assets - Debt

Equity= $21,000-$6,000

Equity= $15,000

Now let determine the intrinsic per share stock price

Intrinsic per share stock price=$15,000/300

Intrinsic per share stock price=$50

Therefore the Intrinsic value per share will be $50 immediately after the repurchase has occured.

7 0
3 years ago
What is the difference between direct e-mailing and spam ?
Nataly_w [17]

Answer: You want direct email spam is what you dont want.

Explanation: Generally, consumers must sign up to receive direct e-mailings and the recipient of the e-mail to opt-out of future mailings. Spam is unsolicited, uninvited, and often it is impossible to opt-out of spam.

Brainlist plz!!!!

8 0
3 years ago
Read 2 more answers
Chili's, the popular restaurant chain, supports St. Jude Children's Hospital annually by inviting its guests to color a pepper a
Verdich [7]

Options:

a. sustainability  

b. cause-related  

c. social  

d. green

Answer:

<u>cause-related</u>

<u>Explanation:</u>

We need to take note that Chili's support for St. Jude Children's Hospital isn't all about promoting their brand, but towards promoting a social cause, namely St. Jude's School Program which would ensure children receiving medical care in the hospital can stay up-to-date with their school assignments.

Their actions as a popular restaurant chain could go a long way by encouraging other companies to support social causes.

8 0
3 years ago
In classical conditioning, the ns becomes a ________ after it reliably signals the occurrence of the ________.
Leto [7]

In classical conditioning, the Neutral Stimulus (NS) becomes a Conditioned Stimulus (CS) after it reliably signals the impending occurrence of the Unconditioned Stimulus (US).

The conditioned stimulus (CS) is a neutral stimulus (NS) that - after being repeatedly presented before the unconditioned stimulus - evokes a similar response as the unconditioned stimulus (US).

For example, a cat staring at a can of food (unconditioned stimulus) reacts differently to the sound of a can opener being struck on any surface (neutral stimulus). But if you condition a cat to believe that striking a can opener on any surface signals it will eat a can of food, the neutral stimulus becomes the conditioned stimulus.

Learn the difference between classical and operant conditioning here: brainly.com/question/17583598

#SPJ4

8 0
2 years ago
Some people outside the United States say teens exposed to large doses of U.S. culture on MTV will identify less with their own
andrew-mc [135]

snsievsksubekaiwvendievsibes

7 0
3 years ago
Other questions:
  • A negative relationship between the quantity demanded and price is called the law of ________.
    8·1 answer
  • Choose a real or made up example of a company, and describe at least three fixed costs the company has.
    10·1 answer
  • Which of the following statements is false?
    5·2 answers
  • In the current year, Norris, an individual, has $52,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,800 and
    5·1 answer
  • Macroland, currency held by the public is 2,000 econs, bank reserves are 300 econs, and the required reserve/deposit ratio is 10
    7·1 answer
  • Einstein Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be
    8·1 answer
  • The following companies and scenarios are fictional. In each case, you are to demonstrate graphically the change in the model an
    8·1 answer
  • Sheila Williams, a medical secretary, earns $2,437 monthly for a 34-hour week. For overtime work, she receives extra pay at the
    6·1 answer
  • Required information Exercise 6-9A Record transactions using a perpetual system (LO6-5) Skip to question [The following informat
    13·1 answer
  • ______ are responsible for supervising frontline employees and carry out day-to-day activities within departments.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!