1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
telo118 [61]
3 years ago
5

Sandoval needs to determine its year-end inventory. The warehouse contains 20,000 units, of which 3,000 were damaged by flood an

d are not sellable. Another 2,000 units were purchased from Markor Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 4,000 units at a consignee's location. How many units should Sandoval include in its year-end inventory?
A. 29,000
B. 21,000
C. 23,000
D. 19,000
E. 26,000
Business
1 answer:
docker41 [41]3 years ago
3 0

Answer:

C. 23,000

Explanation:

Inventory currently as the warehouse $20,000: less damaged stocks $3000.00

= $20,000.00-$3,000= $ 17,000.00

Add inventory not in the warehouse: i.e., Consignee and transits goods

=$2000 + $ 4000= $6000

Total year end inventory =  $17000+$ 6000

     =$23,000.00

You might be interested in
The activities that must be completed prior to the start of an activity in question are called the immediate ________ of the act
marta [7]

Answer:

events

Explanation:

it is an emergency situations that needs to be answered quickly

3 0
2 years ago
Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking
MrRissso [65]
The money multiplier is the amount of money that is generated from the reserves of a bank:
$100/0.10 - $100 = $900 billion
The money supply is
$100/0.10 = $1000 billion of $1 trillion
If the reserves is changed to 20%, the money multiplier and money supply will decrease
5 0
3 years ago
Read 2 more answers
Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for e
BabaBlast [244]

Answer:

$950

Explanation:

The computation of the total cost assigned is shown below:

= Direct Material cost + Direct labor cost + overhead cost

where,

Direct material cost is $350

Direct labor cost = $12 × 20 direct labor hours = $240

Overhead cost = $18 × 20 direct labor hours = $360

Now put these values to the above formula  

So, the value would equal to

= $350 + $240 + $360

= $950

3 0
3 years ago
g The perfectly competitive firm's supply curve: Group of answer choices coincides with its perfectly elastic demand curve. is t
natulia [17]

Answer:

is the firm's marginal cost curve above the minimum point on the AVC curve.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of supply states that the higher the price of goods and services, the lower the supply.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Hence, a perfectly competitive firm's supply curve is the firm's marginal cost (MC) curve above the minimum point on the average variable cost (AVC) curve.

8 0
2 years ago
Caddie Manufacturing has a target debt-equity ratio of .35. Its cost of equity is 12 percent, and its pretax cost of debt is 6 p
frutty [35]

Answer:

10.12%

Explanation:

The computation of the WACC is shown below:

= Cost of debt × (1 - tax rate) × weight of debt + cost of equity × weight of equity

= 6% × (1 - 0.21) × 0.35 ÷ 1.35 + 12% × 1 ÷ 1.35

= 1.23% + 8.89%

= 10.12%

We simply multiplied the capital structure with each of its weight so that the WACC could come and the same is to be considered

7 0
3 years ago
Other questions:
  • Vest Industries manufactures 40,000 components per year. The manufacturing cost of the components was determined as follows: Dir
    13·1 answer
  • Jordan loaned taylor $1,200 on march 15, 2009. taylor returned $1,260 on march 14, 2010. inflation was 2% over the 1-year period
    11·1 answer
  • David Spear invested $14,000 today in a fund that earns 10% compounded annually. Click here to view factor tables To what amount
    14·1 answer
  • Suppose apple trees generate a positive externality in production. if​ so, then
    7·1 answer
  • If the government removes a tax on a good then the quantity of the good sold will
    10·1 answer
  • The equation representing the consumption schedule for the economy is:
    14·1 answer
  • (Calculating annuity payments) The Aggarwal Corporation needs to save $10 million to retire a $10 million mortgage that matures
    11·1 answer
  • Inventory records help determine how many items of material, components, and subassemblies need to be ordered to make the final
    7·1 answer
  • 5 importance of communication​
    5·1 answer
  • 1. Suppose you are an accountant for pre-fraud WorldCom. You have just been instructed by the CFO to alter specific company acco
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!