Answer:
a. $8,900
b. $7,200
c. $2,300
d. $850
Explanation:
<u>Goods Available For Sale Calculation :</u>
Beginning inventory 5,000
Add Net Purchases 3,900
Goods Available For Sale 8,900
<u>Cost of Goods Sold Calculation :</u>
Goods Available For Sale 8,900
Less Ending Inventory (1,700)
Cost of Goods Sold 7,200
<u>Gross Profit Calculation :</u>
Net Sales 9,500
Less Cost of Goods Sold (7,200)
Gross Profit 2,300
<u>Net Income Calculation :</u>
Gross Profit 2,300
Less Expenses (1,450)
Net Income 850
Abc migrated to a Corporation type of company to reduce cost.
Answer:
When the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.
Explanation:
Bob 620,000
Sean 750,000
Yvette 660,000
The people that will buy one of the three beachfront parcels are Bob, Sean and Yvette because they are the ones willing and has the ability to purchase the beachfront parcel of land available for sale in Asilomar.
Cho, Eric and Gianny may as well have the desire to own the beachfront land in Asilomar, but they do not have the ability to pay the selling price.
Therefore when the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.
Answer:
"Why We've Been Hugely Underestimating the Overfishing of the Oceans"
Determining whether each statement is true or false:
a. False
b. True
c. False
d. True
Explanation:
The article "Why We've Been Hugely Underestimating the Overfishing of the Oceans," was published by the Washington Post on January 19, 2016. It was written by Chelsea Harvey. It tried to show how the world fish stock had been declining due to overfishing. This is why it provided a report contrary to the FAO report.
While the FAO report noted that the peak of worldwide catches was at 86 million tons in 1996, the contrary and independent report, using "catch reconstruction" showed that the peak was at 130 million tons in 1996. The reconstructed research also showed that worldwide fish catches had suffered declines ever since the 1996 peak, thereby threatening "world food security and marine ecosystems". The contrary report also suggested that all stakeholders must collaborate so that fish stocks can rebuild naturally.
Answer:
revise, edit, cite sources.
Explanation:
