Answer:
purchases = 160000
Explanation:
given data
beginning inventory = $140,000
amount of inventory on hand = $80,000
net sales = $400,000
gross profit rate = 40%
solution
we first Computation of cost of goods sold hat is
Gross profit rate = 
× 100
= 
= = 
= 100 Gross profit = 16000000
so
Gross profit = 160000
and
Cost of goods sold is = sales - gross profit
so
Cost of goods sold = 400000 - 160000
Cost of goods sold = 240000
and
Cost of goods sold = opening inventory + purchases - closing inventory
so put here value
240000 = 140000 + purchases - 60000
so purchases = 160000
I don't really understand your question but it is bad to pay only the minimum towards your credit card, interest rates will keep adding to your bill.
Answer:
leftward shift of
leftward shift of
movement along
rightward shift of
Explanation:
The right answers to complete the given statements are that;
A decrease in real GDP causes leftward shift of the money demand curve.
An increase in technology which makes it easier to pay for goods and services without carrying lots of causes a leftward shift of the money demand curve
A decrease in interest rates causes a movement along the money demand curve.
An increase in the aggregate price level causes a rightward shift of the money demand curve.
<span>The
court most likely found that the statute, as it applied to Hershberger, was unconstitutional
under the free exercise clause since the state argued that the law applied to
all equally and Hershberger stated that he was willing to display the sign if
he could use silver, instead of red, reflective tape, which was equally
effective. </span>
