What's the question? This is just a statement.
Answer: Newton Grocers
Explanation: Riley Market, Newton Grocers, and Barlow Pantry are grocery stores. During physical inventory, Riley remains fully open, while Newton closes until the count is complete. Barlow falls between the others, selling only a small selection of essential items such as milk and bread during inventory. Newton Grocers would have the most accurate inventory because Newton doesn't close until the count is complete.
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Which professional code of conduct states that an accountant should act in a manner that will instill trust in the public?
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- The Answer is A. Intergrity.
There is a variety of products in the market as the wants and needs of the individuals in an economy become diverse.
Option B is the correct answer.
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What is a product?</h3>
Product refers to the goods manufactured by companies and sold by the retailers in the consumer market.
The companies in the digital world creating lots of new and innovative goods that attract the customers to buy more which results in an increase in their consumption needs. The consumption needs will then affect the wants of individuals and make them diverse and differentiated.
Therefore, the diversified wants of individuals are caused due to wide variety of products in the market.
Learn more about the product in the related link:
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Answer:
$56,400
Explanation:
Jefferson company has a sales of $306,000
The cost of goods available for sale is $270,600
The first step is to calculate the gross profit
= 306,000 × 30/100
= 306,000 × 0.3
= 91,800
The cost of goods sold can be calculated as follows
= $306,000-91,800
= $214,200
Therefore the estimated cost of ending inventory under the gross profit method can be calculated as follows
= $270,600-214,200
= $56,400