Answer:
$89,000
Explanation:
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases - cost of goods sold = closing balance
The gross profit is the difference between the sales and the cost of goods sold. Given that Coronado's gross profit on sales has remained constant at 30%, the gross profit
= 30% × $3,200,000
= $960,000
Cost of goods sold = $3,200,000 - $960,000
= $2,240,000
$559000 + $ 2264000 - $2240000 = expected closing balance
expected closing balance = $583,000
Given that a physical inventory determined that ending inventory of $494000 was in the warehouse
The estimated cost of missing inventory
= $583,000 - $494,000
= $89,000
Answer:
<em>The above statement is false.</em>
Explanation:
Max Weber claimed that if the staff actually did what they were told the company would do well.
He already presumed that large organizations would only be capable of functioning effectively if regulations and guidelines were developed, and that everyone accurately followed those regulations.
social media data may be considered a form of secondary data.
<h3>Why can we consider social media data a form of secondary data?</h3>
There are many different categories of data that may be used in data analytics. For instance, the contrast between qualitative and quantitative data is frequently used. You might also separate your data depending on aspects like sensitivity.
For instance, is it widely known or is it really private?
The source of the data is perhaps the most basic distinction between various forms of data. Are they, specifically, first-party, second-party, or third-party data? These essential data sources all contribute in some manner to the data analytics procedure.
To learn more about secondary data from given link
brainly.com/question/18118203
#SPJ4
Answer:
16.80% and 39.43%
Explanation:
The formula to compute the net profit margin is shown below:
Net profit margin = Net income ÷ Total revenues × 100
For Travel lite, the net profit margin is
= $1,080 ÷ $6,430 × 100
= 16.80%
And, for fare line, the net profit margin is
= $3,020 ÷ $7,660 × 100
= 39.43%
By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company
It is always expressed in percentage
