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Akimi4 [234]
2 years ago
5

Beginning inventory was $50,000. Inventory purchased during the year cost $75,000. Inventory on hand at year-end was $40,000. Co

st of goods sold was
Business
1 answer:
marusya05 [52]2 years ago
5 0

Answer:

The Cost of Goods Sold or COGS for the period was $85000

Explanation:

The cost of goods sold is the value or cost of inventory that has been sold off during the period. The Cost of Goods Sold of COGS can be calculated as follows,

COGS = Opening Inventory  +  Purchases  -  Closing Inventory

COGS = 50000  +  75000  -  40000

COGS = $85000

So, the Cost of Goods Sold or COGS for the period was $85000

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xenn [34]

Answer:

$481,000

Explanation:

Bond issue costs are either direct or indirect costs:

  • direct costs include underwriting fees, listing fees, professional fees, compliance costs and other costs related to the IPO or APO (secondary issues), e.g printing costs
  • indirect costs include underpricing costs (IPO pricing is too low) and loss of proprietary information

Total bond issue costs = $22,000 + $170,000 + $9,000 + $280,000 = $481,000

5 0
3 years ago
You've joined a startup company. before building out your content strategy, you'll need to develop your company's primary buyer
-Dominant- [34]
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7 0
2 years ago
A company has determined that changes in price will not dramatically impact the number of sales they are able to make. What shou
tester [92]

Answer:

Sell at a somewhat higher price since customers will still purchase even at a higher price ( D )

Explanation:

The type of goods and services that changes in prices doesn't r affect the quantity/demand bought by the consumers are usually staple goods which are a necessity and not a want but a serious need. A company if after much research discovers that the demand for a particular product is unwavering( fixed ) they can increase the prices in order to maximize profits form the little amount of goods been produced/sold in the open market. while in other hand if the demand for a particular product is not stable any change in price can significantly affect the demand for the good or service leading to a loss for the company.

7 0
3 years ago
Dear Mr. Helmsley:
lana [24]

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Explanation:

The things that are needed to be changed in order to make the message appropriate for both the supervisor and the legal team is to give more specific information, including dates and names.

One doesn't need to show more outrage or use a friendly tone. This is a professional settings and a serious issue hence, a friendly tone should not be used. Rather, the person should give more information such as the name of the worker, the date that it occured and possibly the time as this will be of immense benefit to the legal team which will be used in following up on the issue.

5 0
3 years ago
1) Identify the department or functional area that best corresponds with the following activities:
saw5 [17]

Answer:

number 1 = b

Explanation:

7 0
3 years ago
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