1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dexar [7]
3 years ago
5

Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $39,000 in inventory. During t

he quarter the company purchases $9,250 of new inventory from a vendor, return $850 of inventory to the vendor, and took advantage of discounts from the vendor of $290. At the end of the quarter the balance in inventory is $31,000.
Required:
1. What is the cost of goods sold?
A. $17,250B. $17,750C. $8,000D. $16,110
Business
1 answer:
vladimir2022 [97]3 years ago
4 0
D. 16,110

39,000+9,250=48,250
48,250-(850+290)=47,110
47,110-31,000=16,110
You might be interested in
Ortions of the financial statements for Myriad Products are provided below.
bonufazy [111]

Answer:

Net cash provided from Operating Activities $301

Explanation:

MYRIAD PRODUCTS COMPANY

Cash flow from Operating Activities:

Net Income $150

Adjustment for non cash effects:

Depreciation $84

Amortization $5

Loss on sale of land $4

Total $243

Changes in operating assets and liabilities :

Decrease in Accounts receivable $17

Decrease in Inventory $18

Increase in Accounts Payable $14

Decrease in Salaries Payable ($14)

Increase in Interest Payable $13

Increase in Income tax Payable $10

Net cash provided from Operating Activities $301

5 0
3 years ago
Patagonia donates at least 1% of profits to support environmental causes. There products are also produced under safe, fair, leg
Alchen [17]

Answer: corporate social responsibility practice

Explanation:

Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.

Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.

6 0
3 years ago
A generation ago, workers tended to work for three to four employer(s) during their working years. Group of answer choices True
Sergio [31]
I believe your answer is true
8 0
2 years ago
Anna recently moved to Boston in order for her husband Joe to begin a new job as an economics professor at Harvard. Anna is an e
kirill115 [55]

Answer:

uh

Explanation:

8 0
3 years ago
Which feature of a customer relationship management (CRM) application assists with tasks such as controlling inventory and proce
nlexa [21]

Answer:

knowledge management

Explanation:

A customer relationship management individual user knowledge management component aids with activities like inventory control as well as production process.

Knowledge assets of an institution's knowledge and information being created, shared, used, and managed. It is a multimodal approach to achieving organisational goals via the most effective use of knowledge.

6 0
2 years ago
Other questions:
  • When Teresa went into the furniture store to buy a new sleeper sofa, she thought the prices quoted by the salesperson were too h
    8·1 answer
  • Public relations personnel are constantly using the Web and social networks to communicate information about their employers and
    13·1 answer
  • The​ ________ planning phase emphasizes time horizons of one​ year; whereas the​ ________ planning phase focuses on time horizon
    10·1 answer
  • Healthy foods just paid its annual dividend of $1.62 a share. the firm recently announced that all future dividends will be incr
    14·1 answer
  • Knowing the company's strategic plan and understanding the company's financial capabilities is part of the _____ competence requ
    14·1 answer
  • Could someone help me with these questions?! I need help fast
    6·1 answer
  • Splish Corporation has outstanding 2,200 $1,000 bonds, each convertible into 50 shares of $10 par value common stock. The bonds
    5·1 answer
  • Which of the following are correct descriptions of large corporations? (You may select more than one answer. Single click the bo
    12·1 answer
  • Which of the following is an example of a specific purpose? A. I want my employees to understand and follow the new dress code p
    15·1 answer
  • Natural gas is often priced in units of dollars per therm. One therm equals 100,000 BTUs . A certain family uses 600 therms of e
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!