Answer:
b > 100
Step-by-step explanation:
Answer:
It is known that in the periodic inventory, the accounting record of the stock of goods will occur only at the end of a certain period with the physical count of the existing quantities. Consider the following CVM information = 500.00; Initial Inventory = 700.00 and Purchases = 800.00. Applying the concept of periodic inventory and applying the formula for calculating the CMV, determine the value of the final stock.
ALTERNATIVES
Final stock of 2,000.00.
Final stock of 1,500.00.
Final stock of 1,300.00.
Final stock of 1,200.00.
Final stock of 1,000.00.
Final Stock (EF) = 1,000.00
Step-by-step explanation:
Alternative E - Final stock of 1,000.00.
Given That,
CMV = 500,00
Initial Stock (EI) = 700.00
Purchases (C) = 800.00
Final Stock (EF) = ?
Formula
CMV = Initial Stock (EI) + Purchases (C) - Final Stock (EF)
CMV = EI + C - EF
500 = 700 + 800 - EF
500.00 = 700.00 + 800.00 -X
500 = 1500- EF
500.00 = 1,500.00-X
EF = 1500-500
X = 1,000.00
EF = 1,000.00
Therefore, the final stock is 1,000
7 total cups of flour divided by 2.33 cups of flour needed per batch of 24 muffins equals three batches, then multiply total number of batches by number of muffins in each batch- 3x24- gives you a total of 72 muffins
Answer:
2.25 and 4.95
Step-by-step explanation:
x + y = 7.2
x - y = 2.7
x = 7.2 - y
x - y = 2.7
(7.2 - y) - y = 2.7
7.2 - 2y = 2.7
-2y = 2.7 - 7.2
-2y = -4.5
-2y/-2 = -4.5/-2
y = 2.25
x + y = 7.2
x + 2.25 = 7.2
x = 7.2 - 2.25
x = 4.95
Check: 4.95 and 2.25
x + y = 7.2
(4.95) + (2.25) = 7.2
7.2 = 7.2
x - y = 2.7
(4.95) - (2.25) = 2.7
2.7 = 2.7
The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.
