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Y_Kistochka [10]
2 years ago
12

Parkette, Inc., acquired a 60 percent interest in Skybox Company several years ago. During 2017, Skybox sold inventory costing $

199,500 to Parkette for $262,500. A total of 12 percent of this inventory was not sold to outsiders until 2018. During 2018, Skybox sold inventory costing $287,550 to Parkette for $355,000. A total of 28 percent of this inventory was not sold to outsiders until 2019. In 2018, Parkette reported cost of goods sold of $385,000 while Skybox reported $237,500. What is the consolidated cost of goods sold in 2018?

Business
1 answer:
serious [3.7K]2 years ago
6 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Acme Company carries an additional level of inventory beyond the expected demand during reorder lead times. This additional inve
Sauron [17]

Answer:

Safety stock

Explanation:

Safety stock is a stock that eplains the level of an additional stock in order to reduce the stockout risk i.e. there is a chances when the raw material is in shortfall that because of the uncertainities in the demand and supply

So according to the given situation here the additional inventory that beyond the expected demand is known as the safety stock

So the same is relevant

5 0
2 years ago
What do the three numbers at the bottom of the check stand for?
Vadim26 [7]

Answer:

Routing number, account number and check number

Explanation:

There are three numbers present at the bottom of the check. On the left side or the first number is a nine digit number that is also called RTN, is routing number. This represents the code of the bank where the account was opened.

Second number in the middle is the account number which is a unique number. All transactions are carried out using this number.

The last number on the right side is the check number. It just represents the check number that one is writing to maintain records.

5 0
3 years ago
Read 2 more answers
What is the term that describes when two or more enterprises encounter each other in different regional markets, national market
snow_lady [41]

Answer:

Multipoint competition

Explanation:

Multipoint competition can be regarded as term used in describing a

process whereby there is engagement of a firm simultaneously in competitive interactions in a markets or across multiple products, resulting to competitive actions in a particular market leading to responses in a different/ multiple markets. Multipoint competition can also be explained as situation that exist when a firm is facing the same rival in different market. It should be noted that Multipoint competition is the term that describes when two or more enterprises encounter each other in different regional markets, national markets, or industries.

8 0
3 years ago
Agri-Cor sells farm equipment throughout the euro zone. The company has noticed that some customers travel to countries where eq
sergejj [24]

Answer:

These statements are correct:

  • It makes it easier to compare prices across Europe - the Euro is the common curriency across 19 countries, but prices in those countries are far from being the same. For example, Germany is a lot more expensive than Greece (although a lot wealthier too), and Greek people can easily find out that the same product in Germany costs more euros than in Greece.
  • It makes Europe an optimal currency area - in the Eurozone, economic efficiency is now higher because resources can be allocated across different countries thanks to the fact that prices can be compared in the region.

3 0
2 years ago
CAN SOMEONE HELP ME PLEASE?!
Alenkinab [10]

Answer: The free enterprise economy seeks to maintain economic freedom. As mentioned earlier, the goal is for businesses to be able to make their own decisions with little government interference. Efficiency - The goal of efficiency is to make the best use of the resources that are available.

6 0
3 years ago
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