Based on the opening and closing inventories as well as the purchases, the company cost of goods is $138,000.
<h3>What are the cost of goods sold?</h3>
This can be found as:
= Opening inventory + purchases - closing inventory
Solving gives:
= 13,000 + 150,000 - 25,000
= $138,000
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Answer:
Union shop
Explanation:
Union shop
it is referred to clause that allow employer to hire members who are already in the union or hire any individual who are not the member of the union for given period of time. it is legal in those state only that has not enforced right to work law and not legal to that state that allow practice of charging some amount from employee to the union.
In economics<span>, </span>deflation<span> can be described as a decrease in the general </span>price level<span> of goods and services or </span>currency appreciation<span> with respect to the same goods and services.</span><span> Deflation occurs when the </span>inflation<span> rate falls below 0% (a negative </span>inflation rate<span>). Inflation reduces the real value of </span>money<span> over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods and services than before with the same amount of money.</span>
