Answer:
The costs assigned to ending inventory based on the LIFO method under periodic inventory system are:
= $450.
Explanation:
a) Data and Calculations:
On January 26, the company sells 350 units. 150 units remain in ending inventory at January 31.
Units Unit Cost Total Cost
Beginning inventory on January 1 320 $ 3.00 $960
Purchase on January 9 80 3.20 256
Purchase on January 25 100 3.34 334
Tota units available for sale 500 $1,550
Sales on January 26 350 $1,100
Ending inventory at January 31 150 $3.00 $450
Answer:
The correct answer is letter "C": "To our valued consumers:".
Explanation:
Conveying goodwill in writing messages imply stating the reasons why a given party conducted businesses that ended up being harmful. The firm at fault should explain what it was pursuing and why it was not able to expect such an adverse situation. At all moment the message must be formal and highlight the importance of continue doing business with consumers.
Under that scenario, "<em>To our valued consumers:</em>" is the most suitable greeting to use before starting to explain the facts that took place and the course of action the firm will follow.
Answer:
245 free throws
Explanation:
x will be number of times Audreys makes a shot, and let y be total number of the shots.
x/y = .875
(x+13)/(y+20) = .860
Let solve for x in equation 1
x = .875y
We will plug the for x in the equation 2
(.875y+13)/(y+20)
= .860
.875y + 13
= .860y + 17.2
.015y = 4.2
y = 280
Audreys has taken 280 shots.
We will Plug that back into the equation 1 in order to find out how many Audreys made.
x/280 = .875
x = 245
Hence :
Audreys made 245 free throws
Answer:
(d) Trade credit
Explanation:
Trade credit is a basic instrument for financing development. Exchange credit is the credit stretched out to you by providers who let you purchase now and pay later.
Trade credit is tied in with winning new clients, expanding deals and holding client loyalty.
It's a simple method to ease income, which can help improve an independent company's productivity.
