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
horrorfan [7]
3 years ago
11

Beginning inventory, purchases, and sales for Item Zeta9 are as follows:

Business
1 answer:
Taya2010 [7]3 years ago
5 0

Answer:

(a) The cost of goods sold on October 24

: $552

(b) The inventory on October 31: $532, (with 19 units)

Explanation:

The company uses a perpetual inventory system and using the first-in, first-out (FIFO) method for Item Zeta9, the answers are explaned with the help of the attached file:

The Cost of goods sold on October 24: $300+$252=$552                              

Download xlsx
You might be interested in
Where can aspiring entrepreneurs go to get their questions answered?
Nataliya [291]
Aspiring entrepreneurs can go to the internet, experienced entrepreneurs, Chambers of Commerce, Small Businessn Administration (SBA), college/university, or the community to get their questions answered. Hope this helps.
5 0
3 years ago
1. Do you think the United States is ethically required to respond to epidemics and other health crises in foreign countries? Wh
alexira [117]

Answer:

yes it is because United States has always been a health crises foreign country

5 0
1 year ago
PLEASE HELP!!!
Luden [163]

building society --- is owned by its members and provides banking servic

trust company --- acts as a fiduciary and handles custodial asset arrangements

asset management firm --- invests people's funds in financial assets

stock brokerage firm --- trades securities and makes money from commissions


5 0
3 years ago
Read 2 more answers
A cross-functional team has been formed to come up with ways to improve communication among departments. team members are now ta
Kisachek [45]

They are in the "collecting information" stage of planning.

4 0
2 years ago
The current price of a stock is $50, the annual risk-free rate is 6%, and a 1-year call option with a strike price of $55 sells
Vlad [161]

Answer:

The value of the put option is;

e. $9.00

Explanation:

To determine the value of the put option can be expressed as;

C(t)-P(t)=S(t)-K.e^(-rt)

where;

C(t)=value of the call at time t

P(t)=value of the put at time t

S(t)=current price of the stock

K=strike price

r=annual risk free rate

t=duration of call option

In our case;

C(t)=$7.2

P(t)=unknown

S(t)=$50

K=$55

r=6%=6/100=0.06

t=1 year

replacing;

7.2-P=50-55×e^(-0.06×1)

7.2-P=50-(55×0.942)

7.2-P=50-51.797

P=51.797+7.2-50

P=$8.997 rounded off to 2 decimal places=$9.00

6 0
3 years ago
Other questions:
  • Sonny Corporation has a simple capital structure of 100,000 shares of $1 par common stock and 20,000 shares of 5 percent preferr
    5·1 answer
  • We can use the Cournot model to derive an equilibrium industry structure. For this purpose, we will define an equilibrium as tha
    15·1 answer
  • Chuck is concerned with what he considers to be an unfair situation at work. Although he put in 10 hours of overtime last week,
    8·1 answer
  • Which of the following government agencies estimates and compiles the U.S. GDP accounts? Multiple Choice the Bureau of Economic
    11·1 answer
  • Pout Company reports assets with a carrying value of $420,000 (including goodwill with a carrying value of $35,000) assigned to
    5·1 answer
  • A division of IBM works out of 360 locations in 64 countries, tracking more than 1.5 million assets for both IBM and its clients
    10·1 answer
  • Your portfolio has a beta of 1.28. The portfolio consists of 25 percent U.S. Treasury bills, 31 percent Stock A, and 44 percent
    14·1 answer
  • Developing a pricing structure that encourages customers to buy additional services that they don't need in order to obtain the
    12·1 answer
  • Select the correct answer from each drop-down menu. which sector dominates developed economies such as the united states? in dev
    6·1 answer
  • The actual interest rate on a loan that is compounded monthly but expressed as an annual rate is referred to as the _____ rate.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!