Answer:
Cost of goods sold is $7,700
Gross Profit is $2,300
Explanation:
Cost of goods sold is Cost of goods available for sale less ending merchandise inventory. Ending merchandise understated by $300 means ending merchandise was accounted $300 less. So, $300 need to be added to ending merchandise. No ending merchandise is $2,300 (2,000 + 300)
Cost of goods sold will be 10,000 - 2,300 = $7,700
Gross profit is sales revenue less cost of goods sold which is computed as shown below:
Gross profit = 10,000 - 7,700
= $2,300
The correct answer to the question is, Labor.
Hope that help. ♥♥♥
Answer:
D. rightward shift in the current supply of soybeans.
Explanation:
A shift in the supply curve is caused when factors other than price either increase the supply of a good (a shift to the right), or decrease the supply of the good (a shift to the left).
In this case, a factor other than price, the expectations of farmers (they are expectations because the lower prices have not materialized) has increased the supply of soybeans, causing a rightward shift of the supply curve of that good.
Answer:
The correct answer is A. it relentlessly pursues an ambitious strategic objective, concentrating the full force of its resources and competitive actions on achieving that objective.
Explanation:
A strategic intention is the aspiration of a corporation that aims at its effective development in the long term, for this reason it must be an objective for which all personnel have appropriated. Normally, in order to reach this level, the company must go through a stage of recognition, analysis and projection where the market and growth expectations are taken into account in order to go in the best way for the benefit of both its internal and external users.