1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hram777 [196]
3 years ago
11

Cost of goods available for sale is computed by adding: a) purchases to beginning inventory.b) beginning inventory to the cost o

f goods purchased. c) net purchases and freight-in. d) beginning inventory to net purchases.
Business
1 answer:
hichkok12 [17]3 years ago
7 0

Answer:

The correct answer is B and D

Explanation:

Cost of goods available for sale is defined as the price paid for the inventory which is ready for the customers to purchase. In short, it is the purchase price or the amount of all the merchandises that is ready for sale with the retailer in the market.

The formula to computing the cost of goods available is as:

Cost of goods available for sale = Net (Total) Purchases + Beginning Inventory

OR

Cost of goods sold for sale = Beginning (Starting) inventory + Cost of goods purchased

This computation measures or evaluates the inventory amount or price that the retailer has at any point during the period.

You might be interested in
If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new dep
rewona [7]

Answer:

b) decline

Explanation:

If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new deposit will <u>decline</u>. This happens because people lost trust and hastily withdrawn their money deposited with the bank.

4 0
2 years ago
Amy, who has been an accountant for 12 years, worked for Arnold and Post, a mid-size law firm in Huntsville. At the end of each
mel-nik [20]

Answer:

time period

Explanation:

In accounting, the time period principle states that a firm must report its financial statements for specific periods of time. For example, the Securities and exchange Commission (SEC) requires public corporations to submit their financial reports every quarter. This is done in order for accounting periods to be comparable, e.g. comparing a quarterly report vs an annual report is not correct.

3 0
3 years ago
QUESTION 8 of 10: Your average weekly take home wage is $615. You take a one-week paid vacation and a second week unpaid vacatio
levacccp [35]

Answer:

$45

Explanation:

A surplus is when income exceeds expenses.

One year has 52 weeks. If one week was unpaid leave, then payments were received for 51 weeks.

Average payments per week = $615

Total earning per week =$615 x 51

=$31,365  

The total expenses for the year were  $31,320. The surplus amount will be income minus expenses

= $31,365 - $31,320

=$45

             

7 0
3 years ago
Savings Goals
romanna [79]

Answer:

I am sorry fam this won't be an answer to your question, but I figured out how to see the answers on brainly for ya'll that don't have premium. You just need to right click on the page of your question and then click on "view page source" for me the shortcut is ctrl+ U. I don't know about yall's. when you do that it will open up a weird looking page then you want to scroll down, what you wanna focus on are the black letters, the others will be colored red or blue or whatever just focus on the black letters. It just gonna show you the answer and the comments too. Your welcome pudgy boi.

Explanation:

Sshheeeeeeshh

7 0
2 years ago
What are the goals when a government uses expansionary monetary policy?
Ainat [17]

Answer:

stimulating economic growth

Explanation:

Expansionary monetary policies are the action by the Fed that aims at stimulating economic growth.  They aim at increasing the money supply in the economy. Examples of expansionary monetary policies are open market purchases, reduction of the discount rate, and reduction in the reserve requirement ratio.

Expansionary monetary policies stimulate economic growth by encouraging investments and consumption spending. When the discount rate is reduced, interest rates reduce automatically. Banks will loan out more when they a lot of money in their custody. Expansionary monetary policies are applied when there is a slowdown in economic growth.

5 0
2 years ago
Other questions:
  • Managers are a critical part of any successful organization because​ ________.
    7·1 answer
  • If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the
    6·1 answer
  • When preparing the statement of cash flows by the indirect method, if current liabilities increase the difference is
    14·2 answers
  • Should underperforming restaurants be closed or sold?
    10·1 answer
  • What is the primary source of revenue for the government?
    11·1 answer
  • Accounting Equation Shannon Cook is the stockholder and operator of Personality Shine LLC, a motivational consulting business. A
    14·1 answer
  • If the unemployment rate is 5.8% and the number of unemployed persons is 15 million, the labor force is approximately:__________
    14·1 answer
  • Cassandra is 80 years old. Last month, she broke her leg while biking with her grandchildren. She was admitted to a hospital for
    10·2 answers
  • A real estate professional leased a building for 10 years at an annual rent of $48,000. She will receive a commission of 7.5% fo
    15·1 answer
  • both the demand for and the supply of the resource declines in the same proportion. demand remaining constant, supply of the res
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!