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goblinko [34]
3 years ago
8

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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In a production budget, if the number of units in finished goods inventory at the end of the period is less than the number of u
ivolga24 [154]

Answer: False

Explanation:

In a production budget, when the number of units in finished goods inventory at the end of the period is less than the number of units in the finished goods inventory at the beginning of the period, this simply means that the expected number of units sold is higher than the number of units that was produced for that particular period.

Fro example, let's assume that the beginning inventory is 20,000 and the units of goods produced is 25,000 while the units sold is 27,000. Then, the ending units will be:

= 20,000 + 25,000 - 27,000

= 18,000

As we can see from the example, the number of units in the finished goods inventory at the end of the period(18,000) is less than the number of units in the finished goods inventory at the beginning of the period(20,000), the expected number of units sold(27,000) is more or higher than the number of units to be produced(25,000) during the period.

8 0
3 years ago
FREE BRAINLIEST FIRST RESPOND
cluponka [151]

Answer:

hi

Explanation:

3 0
2 years ago
Read 2 more answers
Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in y
Airida [17]

Answer:

225,000 shares

Explanation:

A company's shares outstanding refers to the total number of shares investors currently own.

Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in year 2.

In year 3, Beck purchased 75,000 shares of its common stock and held it in Treasury.

At December 31, year 3, the number of shares of Beck's common stock were outstanding is

200,000 shares in year 1

100,000 shares in year 2

Total Common Stock = 300,000

less: Treasury Stock of    75,000

Outstanding Stock = 225,000 shares

5 0
3 years ago
To find out more about the pros and cons of a product, it is often a good idea to study the behavior of the individuals or group
Natalija [7]

Answer:

Copy Testing

Explanation:

Copy testing is a market research analysis method that utilizes the consumers' responses , behavior and feedback to determine the effectiveness and relevance  of an advertisement.

This method reveals a great deal of information about the pros and cons of a particular product through the analysis and study of individuals or group of users.

It addresses media channels like the internet and social media ,  television radios and others.

5 0
3 years ago
Media planners seek to reach the largest possible percentage of their target audience with no monetary limitations.
CaHeK987 [17]

As regards media planners trying to reach a large percentage of their target audience with no limitations, this is <u>False</u>.

<h3>Why is this statement false?</h3>

The ultimate goal of a company is to reduce costs and make more profit. As a result, media planners try to keep costs as low as possible when engaging in ad campaigns.

This means that they try to reach the largest percentage of people they can reach, with limitations placed on them.

In conclusion, this is false.

Find out more on media planners at brainly.com/question/7289927.

4 0
1 year ago
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