Coronado Inc. had beginning inventory of $12700 at cost and $20900 at retail. Net purchases were $113930 at cost and $158500 at
retail. Net markups were $9600, net markdowns were $7400, and sales revenue was $151100. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)
Based on his deductible and coinsurance cap, the amount that Barry will pay is <u>$4,560.</u>
<h3>Amount Barry will pay </h3>
Barry will have to pay the entire deductible of $1,200. The expenses that are left will then be shared between him and the insurer in a 20% - 80% ratio but he will not pay more than $5,000.
Total he will pay out of pocket is therefore:
= Deductible + ( 20% x (Medical expenses - deductible))
Given that <span>Roberta,
a store manager, uses her coercive power effectively to motivate
employees. because of her coercive power, Roberta would be able to fire a subordinate.
</span><span>Coercive power is the ability to influence
someone's decision making by taking something away as punishment or
threatening punishment if the person does not follow instructions. It
can be a severe way to get staff members to follow along with a company
plan, but it can be necessary in some cases.</span>
Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 would be calculated by dividing the budgeted factory overhead by the budgeted machine hours. This will be:
Currency that derives its value from the amount printed on it is known as fiat money.
<h3>What is fiat money? </h3>
Fiat money is currency whose value is not backed up by any asset. The value of fiat money is dependent on the amount printed on it. This differs from representative money whose value depends on the value of the metal from which it is made from.