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3 years ago

Merchandise inventory is classified on the balance sheet as a

Business

1 answer:

daser333 [38]3 years ago

6 0

Answer:

Merchandise inventory is classified on the balance sheet as a current asset.

Explanation:

Merchandise inventory refers to the price of products that are available for sale and they are classified as a current asset.

Current assets are the cash and the other assets that can be turn into cash within a year, like inventory as there is a good opportunity that the products are sold in that period which makes inventory to be included in the current assets on the balance sheet.

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The purchase of overseas production and marketing facilities is an example of

lbvjy [14]

it is either foreign commerce or outsourcing but i am leaning more towards foreign commerce

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2 years ago

Kushman Industries has $40,000 of ending finished goods inventory. If beginning finished goods inventory was $20,000 and cost of

Kamila [148]

Answer:

$100,000= cost of goods manufactured

Explanation:

Giving the following information:

Kushman Industries has $40,000 of ending finished goods inventory.

Beginning finished goods inventory was $20,000

Cost of goods sold was $80,000

To calculate the cost of goods manufactured, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

80,000 = 20,000 + cost of goods manufactured - 40,000

$100,000= cost of goods manufactured

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3 years ago

What is revenue for the business vocabulary

notsponge [240]

Answer:

Revenue is money earned by a business, or income received by the government from taxes

Explanation:

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3 years ago

A think local, act local multidomestic type of strategy A. can defeat a global strategy if the think local, act local multidomes

S_A_V [24]

Answer: B. is more appealing the bigger the country-to-country differences in buyer tastes, cultural traditions, and marketing methods

Explanation:

A think local, act local multidomestic strategy focuses its commercial efforts and advertisement on the needs of the local market.

This strategy is actually more appealing when there's a huge difference in the country's culture and traditions, buyer tastes, and marketing methods. This makes it appealing for consumers and investors.

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2 years ago

Supporters of a minimum wage argue that it can increase wage rates without causing significant unemployment in which type of lab

dem82 [27]

Supporters protest that the wage rates can be increased without causing any significant unemployment are usually referring to the low pay labor market.

A wage is the money compensation for the services obtained by a labor, this wage is based on rates these rates can be hourly, per piece or per day.

In such a market even if wage rates are increased the unemployment is not significant and is in fact beneficial for the labor working on a low wage.

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Learn more about labor at brainly.com/question/27835210

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2 years ago