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ddd [48]
3 years ago
10

Sandoval needs to determine its year-end inventory. the warehouse contains 20,000 units, of which 3,000 were damaged by flood an

d are not sellable. another 2,000 units were purchased from markor company, fob shipping point, and are currently in transit. the company also consigns goods and has 4,000 units at a consignee's location. how many units should sandoval include in its year-end inventory
Business
1 answer:
ratelena [41]3 years ago
6 0

Year end inventory is 19,000 units.

Take starting units - damaged/unsellable inventory - sold units + consignment units (which are still owned while on consignment)

20000 - 3000 - 2000= 15,000 units

15,000 + 4,000 units on consignment = 19,000 units

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Abc buys widgets for $5 cash and sells them on account for $8. At the point of sale, what is the effect on the cash flow of abc?
s2008m [1.1K]

At the point of sale, there is an increase in the effect on the cash flow of abc.

What is cash flow?

A cash flow is a real or virtual movement of money.

  • A cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe payments that are expected to happen in the future, are thus uncertain and therefore need to be forecast with cash flows.
  • A cash flow is determined by its time t, nominal amount N, currency CCY and account A; symbolically CF = CF(t,N,CCY,A).
  • It is however popular to use cash flow in a less specified sense describing (symbolic) payments into or out of a business, project, or financial product.
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To learn more about cash flow: brainly.com/question/10714011

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6 0
2 years ago
I hope that if you graduate, what can you do for this company better?
Fed [463]

Answer:

I be confident for your company

3 0
2 years ago
Select the correct answer.
TEA [102]
I would say C is the answer bc that’s would i would do in that situation.
7 0
2 years ago
Diane is the office manager at Pamentas, a luxury watch manufacturer. She organizes the office operations and procedures, assign
DerKrebs [107]

Answer:

The answer is: First line manager

Explanation:

A first line manager usually supervises non managerial  workers or operators, e.g. foreman or shift boss. They are in charge of the operations of their departments or business units. In other words, they manage the people who perform the work of producing the organization´s goods or services.

Depending on the size of the organization, they respond to middle or executive management.

7 0
3 years ago
Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1,885,000. (1) Compute
KATRIN_1 [288]

Answer:

(1) Park's times interest earned is 13.

(2) Park is in a BETTER position than its competitor to make interest payments if the economy turns bad.

Explanation:

(1) Compute its times interest earned.

The times interest earned, also known as the interest coverage ratio, is a coverage ratio that calculates the proportionate amount of income that can be used to cover future interest expenses.

The times interest earned can be computed as follows:

Times interest earned = Income before interest expense and income taxes / Interest expense = $1,885,000 / $145,000 = 13

Therefore, Park's times interest earned is 13.

(2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad.

Because the ratio reveals how many times a company could pay interest with its pre-tax income, greater ratios are clearly better than lower ratios.

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8 0
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