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spayn [35]
3 years ago
14

At Cost At Retail Inventory, February 1, 2020 $89,550 $99,500 Markdowns 35,000 Markups 63,500 Markdown cancellations 20,500 Mark

up cancellations 9,300 Purchases 223,500 293,000 Sales revenue 330,000 Purchases returns and allowances 4,700 6,200 Sales returns and allowances 9,100 Compute the ending inventory at cost as of January 31, 2021, using the retail method which approximates lower of cost or market.
Business
1 answer:
Taya2010 [7]3 years ago
8 0

Answer:

$73570

Explanation:

See attached file

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you have 300,000 saved for retirement. your account earns 6% interest. How much will you put out each month
Marat540 [252]

$2727

What is compound interest?

Compound interest, also known as interest on principal and interest, is the adding of interest to the principal amount of a loan or deposit. It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it, so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.

In contrast to simple interest, which does not compound since past interest is not added to the principal for the current period, compound interest allows interest to build over time. The interest per period multiplied by the number of periods in a year yields the simple annual interest rate.

Learn more about compound interest with the help of given link:-

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5 0
1 year ago
What type of research is being used when gathering data from structured survey responses that are numerical in nature?A. Qualita
kondaur [170]

Answer:

C. Quantitative.

Explanation:

Here in the question it is mentioned that the research type which is used at the time when the data is gathered from structured survey that response and are in the numerical so here the numerical means the data which can be count and we called as a quantitative

Therefore the option C is correct

hence, the same is to be considered

7 0
3 years ago
Which statement is true of all transactions?
AnnZ [28]
I’m pretty sure it’s D
5 0
3 years ago
Read 2 more answers
Park Co. is considering an investment that requires immediate payment of $34,000 and provides expected cash inflows of $11,800 a
Galina-37 [17]

Answer:

NPV =  3,404.41

Explanation:

We will calculate the net present value doing:

<em>NPV =  present value of the cash flow   - investment</em>

Investment = 34,000

Now we need to discount each cash flow at the given rate.

<u>For that,</u> we will treat the cash flow as an annuity of 11,800 for 4 year at 10% rate:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 11800

time 4

rate 0.1

11800 \times \frac{1-(1+0.1)^{-4} }{0.1} = PV\\

PV $37,404.41

<em>NPV =  present value of the cash flow   - investment</em>

<em>NPV =       37,404.41 - 34,000 = 3,404.41</em>

3 0
3 years ago
ease answer the question below based on the closing spot and the July futures contract prices for euros for four consecutive day
kherson [118]

Answer:

If a person sold euro futures on <u>3/01</u> then he/she will post a profit on <u>3/02</u> :

Explanation:

Date                                                    3/01        3/02       3/03       3/04

Euro Spot Price                              $1.1585   $1.1589  $1.1584   $1.1593

July euro Futures Contract Price  <u>$1.1850</u>   <u>$1.1812</u>   $1.1823   $1.1820

On March 1, the price of the euro futures contract was $1.1850 per euro, which means that a €1,000 contract is worth $1,185.50. On March 2, the euro futures contract was worth less, only $1.1812 per euro, that means that a €1,000 contract is worth $1,181.20. So you could have earned $1,185.50 - $1,181.20 = $4.30 per contract. It doesn't seem much, but it represents a 0.36% gain in one day.

5 0
3 years ago
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