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
Answer:
I/rt =P
Step-by-step explanation:
to get ride of the r and t u need to divide
divide by rt
which would =to I/rt=P
Answer:
x = 2 11/12
Step-by-step explanation:
Multiply the equation by 12. This eliminates fractions.
... 12 -12x -28 = 12x +27 -36x -8
Collect terms.
... -16 -12x = -24x +19
Add 24x+16
... 12x = 35
Divide by the coefficient of x
... x = 35/12 = 2 11/12
The answer is B $37.59
__________________
Answer:
-9
Step-by-step explanation:
-6/2 + -6 =
-6 divided by 2 = -3 =
-3+-6=
-9
