Answer:
Inventory would be 1, 768
Explanation:
2,000 goods
+200 freight-in (A)
-400 returned goods
<u> -32 </u> discount (B)
1, 768 net amount for inventory
<u>Notes:</u>
(A) The freight-in will be included in the inventory, as is a cost needed to have the inventory in the company's possession and be ready to use or sell.
(B) goods x discount rate
net goods 2,000 - 4,00 return = 1,600
discount for payment within 10 days 2%
Discount on purchase: 1,600 x 2% = 32
Answer:
purchase order
Explanation:
a document that authorizes a supplier to deliver a product or service is known as a purchase order is the purchased cost of goods from outside suppliers cost of goods sold is used when requirements are well understood and there is common agreement between supply chain partners about what certain terms mean
Answer:
a. Beck Inc. = 5.00 and Bryant Inc. = 2.50
b. Beck Inc. = $100,000 and 100% : Bryant Inc. = $150,000 and 50 %
c. True.
Explanation:
Degree of Operating Leverage shows, the times Earnings Before Interest and Tax (EBIT) would change as a result of a change in Sales contribution.
Degree of Operating Leverage = Contribution ÷ EBIT
Thus,
Beck Inc = $500,000 ÷ $100,000
= 5.00
Bryant Inc. = $750,000 ÷ $300,000
= 2.50
<em>If Sales increased by 20% the effects on Incomes would be :</em>
Beck Inc = 20% × 5.00
= 100%
= $100,000 × 100%
= $100,000
Bryant Inc.= 20% × 2.50
= 50 %
= $300,000 × 50 %
= $150,000
Galoshes increase their labor by 85.8% if there is a decrease in 37.4% in wages using elasticity of labor.
Elasticity of labor is defined as the percentage change in demand for labor to percentage change in demand for labor to percentage change in wage rate.
Elasticity of labor= % demand of labor/% change in wage rate
Let % wage decrease be x
Δ demand for labor =L
i) Galorhes R = ΔL/-Δx = -2.3
ii) Emerson R = ΔL/-ΔX= -3.2
III) Wayne= ΔL/-ΔX= 1.7
iv) Bull stearns = ΔL/-Δx= 4.6
Therefore, emerson,lake and palmer increases the amounts
Hence 2nd option
2) Galorhes R= ΔL--37.3=-2.3
= 37.3× 2.3
= 85.79%
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