Answer :
Estimated inventory loss = $233,750
Explanation :
As per the data given in the question,
Inventory = $231,000
Purchases = $461,000
Cost of goods for sale (A) is
= $231,000 + $461,000
= $692,000
Sales = $611,000
Gross Profit = $611,000 × 25% = $152,750
Cost of goods Sold (B) is
= ($611,000 - $152,750)
= $458,250
So, Estimated inventory loss is
= (A - B)
= ($692,000 - $258250)
= $233,750
We simply applied the above formula
Answer:
the baskin tax basis for rental revenue is $10,000
Explanation:
The computation of the baskin tax basis for rental revenue is given below:
= Year 4 rent recognized × income tax rate
= $25,000 × 40%
= $10,000
Hence, the baskin tax basis for rental revenue is $10,000
The same should be considered and relevant
"The marketing reasoning by which the business unit aspires to attain its marketing objectives," according to Kotler et al., is the definition of marketing strategy.
<h3>What is business ?</h3>
An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, and partnerships are among the several types of businesses.
A business purpose reveals the driving force behind a company's establishment. It describes the company's objectives as well as what makes it unique. A mission statement and a value statement are both much longer than a company purpose.
To learn more about business from the given link:
brainly.com/question/15826771
#SPJ4
Answer:
The correct answer is C
Explanation:
Economies is the study of how the society uses the resources which are limited and it deals with the consumption, production as well as distribution of the goods and services.
And under the economics the cost of something like or product is defined as what the person give up in order to get something.
For example, a person wants to purchase to product, he needs to give up the money against it in order to have the product or item with him.
The answer to this question is durability
In the late 1800s, the Levi jeans started to gained popularity among hard labor workers such as coal miners.
The selling point of their product is that it's made of a really strong component that doesn't have to be washed that often before it goes stink.