Answer:
The total cost of goods sold = $70,000
Explanation:
Given:
Initial inventory at the start of the year for Jackson Co. = $20,000
Total cost of purchases made during the year = $80,000
Inventory remaining at the end of the year = $30,000
Solution:
Total inventory for Jackson Co. during the year = 
Inventory remaining at the end of the year = $30,000
The cost of the goods sold can be calculated by subtracting the remaining inventory from the total inventory.
Thus, cost of goods sold can be given as :
⇒ 
⇒ 
The total cost of goods sold = $70,000
The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
Answer: D
Explanation: $8,000,000 was issued (sold) for cash. It has a 20-year maturity rate and interest is paid semiannually, meaning June 30 and December 31.
$8,000,000 x 0.08 = $640,000
$640,000/2 = $320,000
Keep in mind when a corporation issues bond to another entity, that entity has to repay the amount that was issued in bonds, plus the interest. Answer choices A, B, and C are out. The best choice is D which makes absolute sense since 20-year x 2 = 40 payments of $320,000 which gives $12,800,000. That's $4,800,000 in interest that the corporation is receiving for taking the risk of issuing the entity the $8,000,000 bonds for cash. The best choice is D.
Hope this explanation helps.
Answer:
b. prevent mergers that would decrease competition and raise the costs of production
Explanation:
Antitrust laws are set up to prevent unfair advantage by a firm or group of firms in the market. The main aim is to provide a level playing field for all forms in a particular industry.
This is done by increasing competition among the firms and reducing cost of production.
Cost reduction help new firms to enter the market easily.
So antitrust laws have economic benefits when they prevent mergers that would decrease competition and raise the costs of production.
