Answer:
Cost of goods available for sale must be allocated at the end of the period between ending inventory and cost of goods sold.
Explanation:
Cost of goods available for sale can be described as the <u>maximum amount</u> of inventory, stock, or goods that is possible for a firm to sell during an accounting period. It is the maximum amount because it is not possible for a firm to sell more than the cost of goods available for sale.
The cost of goods available for sale is obtained by adding beginning inventory and net purchases during an accounting period. This can be stated as follows:
COGAFS = BI + NP ............................... (1)
Where;
COGAFS = Cost of goods available for sale
BI = Beginning inventory
NP = Net purchases
At the end of an accounting period, ending inventory is deducted from the cost of goods available for sale to obtain cost of goods sold as follows:
COGS = COGAFS - EI ............................ (2)
Where;
COGS = Cost of goods sold
COGAFS = Cost of goods available for sale
EI = Ending inventory
Rearranging equation (2) and solve for COGAFS, we have:
COGFAS = COGS + EI ........................... (3)
Equation (3) therefore implies that the correct option is "cost of goods available for sale must be allocated at the end of the period between ending inventory and cost of goods sold".
Explanation:
Brokerage house is not a formal sector
The three main transmission mechanisms through which the economy is been affected as a result of yeild curve are:
<em>Corporate impact</em>
<em>global impact</em>
<em>consumer impact</em>
<em />
- The yield curve can be regarded as graph which shows how the yield that comes from debt instruments vary with respect to their years remaining to maturity. This debt instrument could be bond.
- The monetary transmission mechanism can be regarded as the process whereby asset prices as well as general economic conditions are been affected due to monetary policy decisions
The transmission that affect the economy are
- Corporate impact
- global impact
- consumer impact
- All these transmission all have effect on the aggregate demand as well as interest rates, and amounts of money in the economy
Therefore, transmission mechanisms have serious effect on the economy.
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Answer:
A. organization
Explanation:
a secretary writes the minutes during a meeting and also schedules the meetings for his boss therefore he/she must be organized for the work to be done efficiently.
An example of firm merger is when Almer Group announced its decision to merge with Dover Global Solutions.
<h3>What is a
firm merger?</h3>
A firm merger refers to an formal arrangement whereby two or more existing companies unites into one new company.
Therefore, when Almer Group announced its decision to merge with Dover Global Solutions, it is an example of firm merger.
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