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
SCORPION-xisa [38]
3 years ago
15

Delta Diamonds uses a periodic inventory system. The company had five one-carat diamonds available for sale this year: one was p

urchased on June 1 for $800, two were purchased on July 9 for $900 each, and two were purchased on September 23 for $950 each. On December 24, it sold one of the diamonds that was purchased on July 9. Using the specific identification method, its ending inventory (after the December 24 sale) equals:
Business
1 answer:
Eddi Din [679]3 years ago
6 0

Answer: $2650

Explanation:

Using the specific identification method, its ending inventory (after the December 24 sale) will be:

Units for sale = 5 units

Units sold = 1

It should be noted that the unit that was sold was the one that was bought on July 9th.

Ending units will now be:

= $800 + ($2 × $900) + $950 - $900

= $800 + $1800 + $950 - $900

= $3550 - $900

= $2650

You might be interested in
rite a research-based argumentative essay for or against the importance of standing up to an injustice such as bullying.
Mekhanik [1.2K]

Answer:

It is important to stand up to bullying for a number of reasons. You may think it's better to not get involved but staying neutral always helps the oppressor. You should not let someone suffer and watch as someone else puts them in physical or psychological pain every day, it is good to stand up for what is right. You may even make a life-long best friend. So stand up for what's right and don't stay neutral so the oppressor can continue to victimize someone.  

Explanation:

Hope this helps! :)

7 0
3 years ago
According to path-goal theory, _____ are similar to initiating structure and include setting goals, showing subordinates how to
Oduvanchick [21]

Answer:

directive behaviors

Explanation:

Path-goal theory is a theory developed on the concept of leadership.

It believes that when the leader that is the management follows a directive behavior that is it straight away provides guidance about the responsibility of the job, the nature of work to be done and the method of doing such job, then it automatically creates a aim and objective of the work done.

Directive behavior influences lower management about the technique of doing job early and that the work is done in the manner defined.

This itself aims at descriptive in nature, along with being directive.

6 0
3 years ago
Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of _____ income.
Orlov [11]
A. we know it is not c or d cuz they would not fit but a and b are our options the answer would be B IF he was a worker but in this case he makes his money from a profit and pays the workers (they earned it) so it is A
8 0
3 years ago
Read 2 more answers
<img src="https://tex.z-dn.net/?f=%20%7B1000%7D%5E%7B4%3F%7D%20" id="TexFormula1" title=" {1000}^{4?} " alt=" {1000}^{4?} " alig
frozen [14]
I’m sorry but like what is that supposed to be?
7 0
4 years ago
Pizza Hut lowers the price of its pizza. The price elasticity of demand for Pizza Hut pizza equals 0.3. What happens to the Pizz
Ilia_Sergeevich [38]

Answer:

It decreases. 

Explanation:

If the absolute value of price elasticity of demand is less than one, it means that demand is inelastic.

Demand is inelastic if a change in price has little or no effect on quantity demanded.

If the pizza hut reduces its price, there would be little or no change in quantity demanded. As a result, revenue would fall.

If demand were elastic, a reduction in price would lead to an increase in the quantity of pizza demanded and revenue would increase.

Demand is elastic if a small change in price has a greater effect on the quantity demanded.

I hope my answer helps you

4 0
3 years ago
Read 2 more answers
Other questions:
  • Adjectives are used to describe personality traits. True False
    12·1 answer
  • A company borrowed from the bank by signing a longterm note. How does this transaction affect the accounting​ equation?
    9·1 answer
  • Susan works for a salary of $3,600 per month. She has federal income tax withheld at the rate of 15%, Social Security tax at the
    10·1 answer
  • If you need to confiscate a PC from a suspected attacker who does not work for your organization, what legal avenue is most appr
    14·1 answer
  • Manuel borrowed a total of $4000 from two student loans. One loan charged 4% simple interest and the other charged 3.5% simple i
    12·1 answer
  • Stine Corp.'s trial balance reflected the following account balances at December 31, 2014: Accounts receivable (net)? $21,000 Tr
    9·1 answer
  • What can a business do to increase productivity
    13·2 answers
  • New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $70,300 in cash. The book values and market
    11·1 answer
  • Which of the following statements are true of an installment loan?
    15·1 answer
  • Points and freind requsts
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!