False. Conversion optimization is not an iterative process. The answer is false because a conversion optimization is an iterative process. An iterative process is used to calculate the mean of repetitive cycle of operations. As the number of iterations increases, it should be convergent to the desired optimization.
Answer:
$22,500
Explanation:
Given that,
During the year, Cost of shipping inventory to the Ski Outfit = $92,500
By the end of the year, amount of merchandise sold to customers = $70,000
Mogul will repeat inventory at the year end:
= Cost of inventory sent to consignee - Cost of inventory sold by consignee
= $92,500 - $70,000
= $22,500
Therefore, the amount of inventory will Mogul report at year end is $22,500.
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Due to the return of merchandise Juniper Company needs to shift some numbers around to make sure the correct journal entry is in place. To do so, Juniper Company will debit $1,500 from Accounts Payable. Next, they will place a credit to of $1,500 to Merchandise Inventory.
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<h3>Who are business professionals?</h3>
Business Professionals are known as people that are called expert or professionals in the area of business that deals on product.
The business professionals love prompt response to their emails and do not want to be kept waiting, A response within a day is what they are after.
learn more about business professionals from
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