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
WITCHER [35]
3 years ago
13

A company had the following purchases during its first year of operations:

Business
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

Ending inventory value= $9,127

Explanation:

Giving the following information:

January: 17 units at $127

February: 27 units at $137

May: 22 units at $147

September: 19 units at $157

November: 17 units at $167

<u>Using the specific identification method, we need to multiply each unit for its specific cost.</u>

<u></u>

Ending inventory:

January= 9*127= 1,143

February= 11*137= 1,507

May= 13*147= 1,911

September= 11*157= 1,727

November= 17*167= 2,839

Ending inventory value= $9,127

You might be interested in
You just won the lottery, which promises you $990,000 per year for the next 20 years. You receive the first payment today (hint:
Ghella [55]

Answer:

The present value of your winnings is $9,410,263.59

Explanation:

Present value of annuity due=(1+rate)*Annuity[1-(1+interest rate)^-time period]/rate

=1.0975 x 990,000 [1-(1.0975)⁻²⁰]/0.0975

=990,000 x 9.50531677

=$9,410,263.59

4 0
3 years ago
Most businesses adopt a bureaucratic organization in order to speed up their decision making process.
Nina [5.8K]
This is actually false. The effect is quite the opposite, things are really slowed down but in return you get safety and security and unbiased procedures. That's why you need a lot of various paperwork for example when you get a driver's license, instead of they just deciding to give it to you. Bureaucracy prevents things like corruption and personal bias.
3 0
3 years ago
Curtiss Construction Company, Inc. entered into a fixed-price contract with Axelrod Associates on July 1, 2015, to construct a f
Gekata [30.6K]

subject?

anwserggggggggggggg

4 0
3 years ago
A profit-maximizing firm will not employ an additional unit of a resource if the marginal product of that unit is greater than t
Lubov Fominskaja [6]

Answer:

The Answer is A) True                                    

Explanation:

The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to optimize its profit, and the relationship between marginal revenue and the marginal cost of production helps to find the point at which this occurs. The point at which marginal revenue equals marginal cost maximizes a company's profit.

Cheers!

4 0
3 years ago
Reinforcement ads are reminder ads that:
grin007 [14]

Answer:

b. assure current users they made the correct choice in choosing the product.

Explanation:

  • The advertising that assured the purchasing party to be reassured and tells them they have done have the right thing by buying the brand or product and also explains how to get the best results from that product along with the most satisfaction. Its purpose is to maintain a market share.
  • An example of this could be the automobile industry that provides the information regarding the warranty, and uniqueness and brand value. <u>Just to have a positive reinforcement and develop a conditioning towards that product or brand.</u>
7 0
3 years ago
Other questions:
  • Suppose tables employee and customer both store address information, and you want to send a letter to all employees and customer
    6·1 answer
  • Which of the following is a buyer's agent's task or duty?
    8·1 answer
  • At the Penalty APR rate of 28.99% and a balance of about $1800, approximately how much interest would you owe in one month?
    8·1 answer
  • It costs Homer's Manufacturing $0.75 to produce baseballs and Homer sells them for $4.00 a piece. Homer pays a sales commission
    13·1 answer
  • Biochemical Corp. requires $720,000 in financing over the next three years. The firm can borrow the funds for three years at 10.
    8·1 answer
  • The statement "Bond prices vary inversely with changes in the market rate of interest" means
    15·1 answer
  • Bryce Phillips began buying and selling outdoor sporting equipment to support his skiing and traveling habits. From there, he fo
    11·1 answer
  • At the end of Year 1, Clayton Company had $6,000 of cash, $7,000 land, $2,000 of liabilities, $3,000 of common stock, and $8,000
    14·1 answer
  • Which of these headlines represents institutional advertising?
    6·2 answers
  • What is education assistance?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!