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Alex
3 years ago
12

On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are avail

able:Sales, January 1 through April 15 $480,000Inventory, January 1 80,000Purchases, January 1 through April 15 400,000Markup on cost 25%The amount of the inventory loss is estimated to be:a. $96,000.b. $48,000.c. $120,000.d. $80,000.
Business
1 answer:
likoan [24]3 years ago
4 0

Answer:

The correct answer is C: 120,000

Explanation:

Giving the following information:

Sales, January 1 through April 15 $480,000

Inventory, January 1 80,000

Purchases, January 1 through April 15 400,000

Markup on cost 25%.

We need to find the difference between the cost of the lost inventory and what it will cost to purchase now.

Inventory= (Beginning inventory + purchase)*0.25=

Inventory= 480,000 * 0.25= 120,000

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Answer:

Two examples of important things that financial planning skills can help us do are:

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  2. Set realistic goals

Explanation:

Acquire a strong savings habit: This is achievable when a person has a clear understanding of how much are their expenses and how much is needed to be save in order to acquire capital goods or to construct a fund for unexpected costs.

Set realistic goals: When a person knows how much its income is and has a realistic financial planning he knows what goals are achievable and which are not.

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3 years ago
Aside from low-cost strategy, describe other methods that businesses can use to differentiate their products.
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Aside from low cost strategy, there are more other methods that will help business in differentiating their products.

<span>·         </span>Exploring new markets – This where the market concentrates on their fellow contenders.

<span>·         </span>Partnership with other firms – It is a way of teaming up with other organizations which will be of benefit for the products that is being sold by the company.

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<span>·         </span>Propose amplified provision – Different services are being applied for the sake of consumers so that more consumers will be attracted to the product.

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Michaela has been consistently coming in late to work and leaving early. Her supervisor has documented this behavior for a month
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B. Unofficial verbal warning.

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An informal verbal warning is regularly all you have to improve a employee's lead or execution. You would typically give this kind of warning before giving somebody a written verbal warning. You should give in any event one employee a verbal warning at work eventually in your time as a chief.

5 0
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funcycle manufacturing's budget includes the following credit sales for the current year: september, $146,000; october, $137,000
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The Cash Collection from the Credit sales in the Month of December is $130,300.

Credit (from the Latin verb credit score, which means "one believes") is the agree with which permits one party to offer money or resources to any other celebration in which the second birthday celebration does not reimburse the primary birthday party at once (thereby producing a debt), however, guarantees both to repay or go back those resources (or different substances of identical price) at a later date. In different words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a massive organization of unrelated humans.

The assets provided may be financial (e.g., granting a loan), or they'll encompass items or offerings (e.g., client credit score). credit score encompasses any shape of the deferred fee. a credit score is extended by means of a creditor, also called a lender, to a debtor, additionally called a borrower.

To learn more about Credit visit here:

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