If trade takes place at a price of 12 bolts for 36 nails
while Uzbekistan and Azerbaijan each spends all its time producing the good in
which it has a comparative advantage, then both Uzbekistan and Azerbaijan will
gain from this trade.
Answer:
The correct answer is $19,000
Explanation:
In order to compute the ending inventory, first need to compute the COGS (Cost of goods Sold) formula, which as:
COGS (Cost of Goods Sold) = Net Sales - Gross Profit
where
Net Sales is $50,000
Gross Profit is $15,000
Putting the values above:
COGS = $50,000 - $15,000
COGS = $35,000
Now, computing the ending inventory as:
Ending Inventory = Beginning or Starting Inventory + Cost of goods purchases or Purchases - COGS
Ending Inventory = $12,000 + $42,000 - $35,000
Ending Inventory = $54,000 - $35,000
Ending Inventory = $19,000
Im guess it would be 20,000 but im not positive
60% of $90,000 is: 60/100*90,000=0.6*90,000=54,000
<span>So, the sales associate plans $64,000 from the total income to come from sold listings .
</span>40% of $90,000 is: 40/100*90,000=0.4*90,000=36,000
So, the sales associate plans $36,000 from the total income to come from sales made.
<span>If the average commission from listings sold is $3,000 she must cell X=64,000/3000=21,3 ~22 listings (at least) in order to achieve her goal.</span>
Answer:
This is very short term credit with high interest.
Explanation:
Examples of this include things like payday loans.
