1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gayaneshka [121]
3 years ago
13

Kuyu Company uses the periodic inventory system. Kuyu started the period with $12,000 in inventory. The Company purchased an add

itional $25,000 of merchandise, and returned $1,500 for a full credit. A physical count of inventory at the end of the period revealed that there was an ending inventory balance of $6,000. What was Kuyu’s cost of goods sold during the period?
Business
1 answer:
a_sh-v [17]3 years ago
5 0

Answer:

$29,500

Explanation:

Given that,

Beginning inventory = $12,000

Ending inventory = $6,000

Purchases = $25,000

Purchase return = $1,500

Kuyu’s cost of goods sold during the period:

= Beginning inventory + Net purchases - Ending inventory

= Beginning inventory + (Purchases - Purchase return) - Ending inventory

= $12,000 + ($25,000 - $1,500) - $6,000

= $12,000 + 23,500 - $6,000

= $29,500

You might be interested in
In 3–10 sentences:
Alenkinab [10]
Artwork is a visual representation of your work. You can easily add artwork by searching images on the internet. Artwork will make your presentation more fun, creative and easier to understand.

Brainliest? :)
8 0
3 years ago
Read 2 more answers
What were the economic changes that revolutionized manufacturing in the eighteenth century and led to the factory system?
Daniel [21]

Answer:

The industrial revolution affected the whole global economy, social relations, and culture.

The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.

The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).

The industrial revolution first started in northwestern Europe, but it then spread to the US, Russia and Japan. The global economy developed new patterns of global trade and production between nations that produced resources and those that processed them and produced goods.

Exporting economies grew around the world because of the need for exporting both raw materials and food supplies from resource producing nations, and the need for exporting finished goods form industrialized nations.

7 0
3 years ago
which statement was true in the past but is not generally true today? A. the training and education costs for some jobs will pro
-BARSIC- [3]

1 ).which of the following is the term for day-to-day and long-term tasks you are assinged to complete?

Job responsibilities.

2 ). why is career planing important?

It can help you narrow down your options and get the training you need.

3 ). which statement was true in the past, but not generally true today?

Young people tend to go into the job that their parents and grandparents did.

4 ). which of the following statements is accurate?

People with the same job title may perform different duties.

5 ). which of these principles would be most helpful to a young person deciding on a career?

A realistic assessment of your abilities and interests will help you find an appropriate career.

7 0
3 years ago
You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be
Finger [1]

Answer:

$1,818,181.81

Explanation:

Data provided:

Amount that will be provided a year = $50,000

Expected rate of return = 2.75%

Now,

The Present value of perpetuity is given as:

Present value of perpetuity = \frac{\textup{Annual return}}{\textup{Expected rate of return}}

on substituting the respective values, we get

Present value of perpetuity = \frac{\textup{50,000}}{\textup{0.0275}}

or

Present value of perpetuity = $1,818,181.81

Hence,

The amount that must be deposited today to fund this gift is $1,818,181.81

5 0
3 years ago
In order to hire graduates and postgraduates of microbiology, Arthur, the human resource (HR) manager at Kartholfen, a pharmaceu
ss7ja [257]

Answer:

<em><u>External recruitment.</u></em>

Explanation:

External recruitment is a strategic process that the corporate human resources sector uses to select out-of-company candidates with qualified profiles to fill available jobs within the organization.

Companies often use varied sources to select candidates, the most common being talent banks, job fairs, recruitment sites, newspapers and more.

The biggest benefits an organization can derive from performing an external recruitment process are greater choice among candidates, talent renewal, increased competitiveness by hiring a top talent and increasing diversity among professionals.

6 0
3 years ago
Other questions:
  • PLEASE ANSWER FAST
    8·1 answer
  • Justin is in charge of the central region, with several dozen stores reporting to him. Last year, he analyzed sales data for dem
    8·1 answer
  • What are the features of a corporation? The chief distinguishing factor of a corporation is its . An investor who purchases stoc
    6·2 answers
  • If the investment demand curve is vertical, a decrease in the interest rate will __________ investment, and therefore aggregate
    8·1 answer
  • If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, then an investor should:
    5·1 answer
  • Zaira, a registered nurse, is tired of working long hours at the hospital and is looking for a different job in her field. What
    14·1 answer
  • In which of the following scenarios would the short-cut method be permissible? A) A lease term of 6 months with an option to ren
    7·1 answer
  • A one-month European call option on a non-dividend-paying stock is currently selling for $1. The stock price is $47, the strike
    12·1 answer
  • An increase in demand and an increase in supply will lead to:_______
    10·1 answer
  • In September, you made a profit of $5,456,963 with expenses of $2,456,654. What was your total revenue?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!