Answer: $68,200
Explanation:
Estimated inventory = Difference between Goods available for Sale at Retail Price and Actual Sales made * Cost Retail Ratio
Retail value of Goods Available for Sale
= Retail Price of Beginning Inventory + Retail price of Purchases
= 120,000 + 480,000
= $600,000
Difference between Goods available for Sale at Retail Price and Actual Sales made
= 600,000 - 490,000
= $110,000
Cost to retail price ratio
= (Cost of Beginning Inventory + Cost of Purchases) / (Retail Price of Beginning Inventory + Retail Price of Purchases)
= (60,000 + 312,000) / (120,000 + 480,000)
= 62%
Ending inventory
= 110,000 × 62%
= $68,200
Hello,
The answer to this question would be A.<span> falls, and people desire to hold more money.
I really hope this helps, Have an awesome day! :)</span>
Answer:
The length of the shorter piece is 11 in
and the longer piece = 17 in
Explanation:
Given:
Total length of the chain = 42 in
When cut in three equal piece the length of each piece =
= 14 in
Therefore, The length of the first piece = 14 in
Let the length of the shorter piece be 'x' in
Thus,
Length of the longer piece will be = x + 6 in
also,
14 + x + x + 6 = 42 in
or
20 + 2x = 42 in
or
2x = 22 in
or
x = 11 in
Hence,
The length of the shorter piece is 11 in
and the longer piece is 11 + 6 = 17 in
Organizations that engage in these activities including advocacy and education, are known as <u>Philanthropic organizations. </u>
<h3>What is a philanthropic organization?</h3>
- They are non-profit organizations.
- They champion various causes related to the provision of basic human rights to the less privileged.
The only way they are able to engaged in these causes and programs is by raising funds and they do this through various ways such as receiving charitable donations and engaging in business.
In conclusion, this is a philanthropic organization.
Find out more on philanthropic organizations at brainly.com/question/1362883.
Answer:
D) 6.55%
Explanation:
Please see attachment . The correct answer is D) 6.55%