<u>Given:</u>
Beginning Finished Goods
Cost of Goods Manufactured
Ending Finished Goods
Raw material purchases
<u>To find:</u>
Cost of Goods Sold
<u>Solution:</u>
The formula to calculate the cost of the goods sold for the manufacturing company is as follows,
Cost of Goods Sold = Beginning Finished Goods + Cost of Goods Manufactured - Ending Finished Goods
On substituting the values in the above formula we get,

Therefore, the cost of goods sold is $29300.
Here, we have ignored the purchase of raw materials cost because this amount will already be included in the cost of goods manufactured.
Answer:
fall
Explanation:
The situation above can be best explained by using the "Liquidity Preference Theory." According to the theory when money supply increases (as in the situation above), the interest rate falls. So, this means that many people will be more willing to invest, thereby resulting to a higher income. On the contrary, if the money supply decreases, the interest rate rises. This may temporarily increase the employment condition, however, it can lead to inflation in the long-run.
So, this explains the answer.
Answer:
Correct option is D.
Explanation:
An accurate recommendation of the Act is that <u>there should be discussion and well understood ways that the partners will handle disagreements.</u>
Answer: Cash inflows include the transfer of funds to a company from another party as a result of core operations, investments or financing. Such cash inflows include payments to the company by customers and banks and the contribution of equity by investors who purchase the company’s stock or partial ownership in a company.
Cash outflows include the transfer of funds by a company to another party. Such cash outflows include payments to business partners including employees, suppliers or creditors. Cash outflows also occur when long-term assets are acquired, investments are purchased, or settlements and expenses are paid.
Answer: D) Subjective and inaccurate.
Explanation:
Estimation based on subjective analysis that is done on personal thoughts, opinion and view.It does not consider facts and figure to make approximation rather person's own perceptions are considered.Accuracy defines exactness and preciseness of any anything.
According to the question, estimation made by writer was not accurate because he missed the deadline in terms of time and did not include facts and information to make estimation rather it was made on personal thinking.
Other options are incorrect because estimation is not precise and objective. Thus, the correct option is option(D).