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GrogVix [38]
2 years ago
13

Cost of goods sold is given by:

Business
1 answer:
icang [17]2 years ago
8 0

Answer:

b. Net Purchases + beginning inventory - ending inventory.

Explanation:

The formula to compute the cost of goods sold is shown below:

Cost of good sold = Beginning inventory + net purchase - ending inventory

We simply added the net purchase and deduct the ending inventory to the beginning inventory so that the correct value can be determined

It records that cost which is directly related to the product that means it excludes the indirect cost

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Crown Company established a petty cash fund of $600 for incidental expenditures on January 2, 2019. At the end of the month, the
FrozenT [24]

Answer:

1) Dr Petty Cash $600

Cr. Cash $600

2) Dr. Postage Expense $250.40

Dr. Office Supplies Expense $160.90

Dr. Miscellaneous expense $124.05

Dr. Cash over and short $8.3

Cr. Cash $543.65

8 0
3 years ago
All else equal, which of the following would tend to cause real GDP per person to rise? a. a change from inward-oriented policie
bagirrra123 [75]

Answer:

The correct option is D

Explanation:

GDP (Gross Domestic Product) is the monetary amount of all the finished goods and services which is made within a country during a particular period. It measures or evaluates the value of the economic activity within a country.

Rise in GDP could be because of the strengthening in the property rights, increase in the investment in human capital and change from inward oriented policies to the outward policies.

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8 0
3 years ago
Module Ten: Text Questions
Andru [333]
The last thing i purchesd was a yen inch reborndoll.the technique i was impacted by was all the people that were bying them the strategies i used were is 1.is this doll really worth it 2. what is it made of and 3. is it water proof . the things i will do differently next time are :1. look for a bigger doll 2. look for clothes it can wear.&3. pick a different gender
7 0
3 years ago
4.
valentina_108 [34]
<span>Salary is the correct answer. </span>
3 0
3 years ago
Tell, Inc., leased a building from Lott Corp. Tell paid monthly rent of $500 and was also responsible for paying the building’s
Ugo [173]

Answer:

Tell and Vorn

Explanation:

Based on the information given Lott will most likely prevail against TELL and VORN reason been that we were told that both TELL and VORN entered into an agreement on January 1 which means that both of them will be responsible for the DELINQUENT TAXES which has not been paid because Vorn occupy the building that was leased out to Tell from Lott Corp in exchange for the amount of $600 which will be monthly paid by Vorn to Tell, which means that in a situation were the taxes is said to be DELINQUENT TAXES in which neither of them paid the building's real estate taxes, Lott will most likely prevail against both TELL and VORN.

4 0
3 years ago
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