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Temka [501]
3 years ago
12

The cost to produce the goods or services sold for a given period is referred to as

Business
1 answer:
SCORPION-xisa [38]3 years ago
3 0

Answer:

The cost of goods sold

Explanation:

The cost of goods sold is the term used to describe the direct expenses incurred by a company in producing the products sold a period. It incorporates the cost of direct labor,  direct materials, and overheads used in producing goods that were sold to customers.  

The cost of goods sold must not contain indirect expenses such as sales commissions and distribution costs. The aim of calculating the costs of goods sold( COGS) is the find the true cost of the goods purchased by customers. COGS is obtained by adding finished beginning inventory plus net purchases minus finished ending inventory.

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Consider the relative liquidity of the following assets: Assets 1. A $50 bill 2. The funds in a savings account 3. A boat you ow
zheka24 [161]

Answer:

1,2,4,3

Explanation:

Liquidity measures how quickly an asset can be converted and used as a medium of exchange.

$50 bill is the most liquid because it can be readily used as a medium of exchange without any conversion.

The funds in a savings account is the second most liquid because because it must first be withdrawn from a bank account before it can be used as a medium of exchange. It can be converted to a medium of exchange within a day.

A bond issued by a publicly traded company is the third most liquid because it takes a longer period for it to be converted to cash.

A boat is the least liquid because it takes a long while to find a buyer for a boat.

I hope my answer helps you.

4 0
3 years ago
From April 2019 to July 2019​, business inventories decreased by $ 2034 billion. ​*Real-time data provided by Federal Reserve Ec
olya-2409 [2.1K]

Answer:

Was higher.

Explanation:

We have to use a little bit of logci to answer this question, we just have to keep in mind that Aggregate expenditure is the cost of all of the products and services offered in a nation, so ig the business inventories, which are basically the inventories that the stores have, if this go down it means that previously produced goods and services are being sold, this increases the aggregate expenditure, and Gross domestic product is semi-stable, so aggreagate expenditure will be higher than GDP.

7 0
3 years ago
If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,
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3 years ago
What does it mean to do time analysis which is one of the principles referred to ?
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3 years ago
Which sentence makes a logical comparison? bob's stocks are worth more than leslie's. bob's stocks are worth more than leslie. l
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The first one!
Bob's stocks are worth more than leslie's.
3 0
3 years ago
Read 2 more answers
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