1. Beginning inventory plus net purchases equals

Business

1 answer:

Morgarella [4.7K]4 years ago

5 0

Answer:

D. cost of goods available for sale.

Explanation:

The cost of goods available for sale, also known as the total inventory, represents the total amount of finished products that a company had in its store for selling. The calculation of costs of goods available for sale involves adding beginning stock to the net purchases.

Beginning inventory is the ending balance in the previous financial period. It is the finished product balance brought forward of the prior period. Net purchases are the purchases adjusted for discounts and purchase returns. The costs of goods available for sale minus ending inventory will equal to the costs of goods sold.

You might be interested in

Which of the following is the formula for break-even point in sales dollars? A : Fixed costs divided by contribution margin rati

ruslelena [56]

Answer:

B. Fixed costs divided by unit contribution margin

Explanation:

In sales dollars, Break-Even point = Fixed Costs ÷ Contribution Margin.

Break-Even point in (units) = Fixed Costs / (Sales price per unit - Variable costs per unit).

The Break even point is a measure of which a company can determine if when the product its manufactured or produced will start to be profitable.

8 0

3 years ago

If the U.S had been poor in natural resources, how would industrialization have been affected?

ludmilkaskok [199]

Without an abundance of natural resources, the US could never of have achieved industrialization at the pace or scope it did. United States of American will then have l<span>ess wealth, less industry, and slower growth. Thank you for posting. Hope it helps :)</span>

5 0

3 years ago

In periods of low demand, companies can use direct marketing to target ________ customers and produce quick results.

KiRa [710]

There are different types of marketing. In periods of low demand, companies can use direct marketing to target known customers and produce quick results.

Direct marketing is simply known to be a form of advertising that focus on targets of a person or company so as to generate new business, raise the profile of an organization or product and for sale.

This type of marketing channel are emails, online adverts, flyers, database marketing, promotional letters, newspapers, etc.

Learn more from

brainly.com/question/2632159

3 0

3 years ago

Lithium, inc. is considering two mutually exclusive projects, a and

Alenkasestr [34]

Missing question: Which project should be implemented based on net present value?

Solution:
NPV = -Co + C1/(1+r) + C2/(1+r)^2 + ... + Cn/(1+r)^n

Project A
NPV = -95000 + 65000/(1+0.1) + 75000/(1+0.1)^2 = $26,074.38

Project B
NPV = -120000+ 64000/(1+0.1) + 67000/(1+0.1)^2 + 56000/(1+0.1)^3 + 45000/(1+0.1)^4 = $66,362.95

The rule: The project with higher NPV is chosen for implementation. Based on the NPVs calculated, project B is the most viable.

5 0

4 years ago

At December 31 year-end, Crain Corporation has an $8,400 note receivable from a customer. Interest of 10% has accrued for 10 mon

harkovskaia [24]

Answer:

B) The balance sheet will report the note receivable of $8,400 and interest receivable of $700.

Explanation:

The note receivable is an asset account that should be included in the balance sheet at face value, $8,400.

Since 8 months have passed since the note was made, we can include the interest receivable in the balance sheet, but only the 10 months: $8,400 x (10/12) x 10% = $700

3 0

3 years ago