All categories

3 years ago

1. Beginning inventory plus net purchases equals

Business

1 answer:

Morgarella [4.7K]3 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

Two of the primary challenges facing managers today are ____. managing for a competitive advantage and diversity dealing with un

oee [108]

The right answer that will fill in the blank is the first option which is the managing for a competitive advantage and diversity. It is one of the challenges that the managers faces today because a lot of things arises now a days, especially new technologies and advances that could rise competition. It is where this challenge occurs and opens as a challenge for managers and also the diversity for now a days, a lot of things could be set as a factor in competition.

3 0

3 years ago

Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before adj

julsineya [31]

Answer:

Find in the excel file attached detailed adjusting entries required for all transactions in the question.

Explanation:

Please note the analysis of each transaction done under the heading "particulars".

Download xlsx

4 0

3 years ago

Assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans becaus

seropon [69]

Answer: Cyclical asymmetry

Explanation:

In economics, Cyclical asymmetry is defined as

A value that represents a large imbalance in economic factors due to genuine cyclical reactions by a country or market.

It includes employment rates, interest rates, debt retention, bond strengths, or stock market imbalances.

If we assume the Fed creates excess reserves in the banking system by buying government bonds, but banks do not make more loans because economic conditions are bad.

Since this happens due to the cyclical reaction of the government.

This means that,

This situation is a problem of <u>cyclical asymmetry</u>.

8 0

3 years ago

Clients are increasingly asking advertisers for ______, agreements on campaign-specific outcomes and consensus on how the effect

Minchanka [31]

Answer:

accountability metrics

Explanation:

Accountability metrics are used by companies to measure the specific financial results of marketing campaigns. Marketing campaigns are expensive and require a lot of resources, both financial and labor resources, and as competition between producers increases, so does competition among marketing firms. The best way a marketing firm can increase its clients is by showing that their campaigns are effective, so every dollar invested by their clients will generate positive returns.

6 0

3 years ago

Determine Digby's current strategy. How will they seek a competitive advantage? From the following list, select the top five sou

GalinKa [24]

Answer:

Please find the detailed answer as follows:

Explanation:

After reviewing Digby's current strategy, top five sources of competitive advantage for digby are as follows:

Increase demand through TQM initiatives .
Offer attractive credit terms .
Seek excellent product designs, high awareness, and high accessibility .
Seek high plant utilization, even if it risks occasional small stockouts .
Reduce cost of goods through TQM initiative.

Related concepts to understand the problem.

Competitive advantage. A competitive advantage is an improvement over competitors gained by contribuiting consumers greater value.

5 0

3 years ago