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zhuklara [117]
4 years ago
14

Baco opens its business in 20x2 and purchases merchandise on account for $88000. In 20x2, baco pays $67000 cash on the $88000 du

e, sales are $145000 and ending inventory is $24000. Baco gross profit for 20x2 is?
Business
1 answer:
FrozenT [24]4 years ago
5 0

Answer:$81,000

Explanation:

Sales is $145,000

Less:

Cost of goods sold is purchases less closing inventory

$88,000 - $24,000

= $64,000

Gross profit = $145,000 - $64,000

= $81,000

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Company expects to sell 500 units during the second quarter and 550 units in the third quarter. Currently, during the second qua
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Answer:

509 units

Explanation:

The expected sales in the present quarter is 500 units (for second quarter) and we have 46 units on hand.

We want a reserve of 10% during the next quarter.

The expected sales in next quarter is 550 units so reserve of 10% is

Reserve = 0.10 * 550= 55 units

Balance to produce this quarter= 500 - 46= 454 units

Total to produce= Balance produced + Reserve

Total to produce= 454 + 55= 509 units

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3 years ago
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qaws [65]

Answer:

C. What the program will ultimately cost the federal government

Explanation:

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3 years ago
As a company owner, you are trying to grow your party supply sales by reaching new customers. You know most of your customers ar
Anton [14]

Answer:

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In this case the customers were segmented into two groups::

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3 years ago
A portion or share of ownership in a corporation is called a _____.
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The correct answer is C. Stock

When you buy stocks, you buy pieces of the company. You trade stocks on a stock market.
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An egoist who believed the right goals or actions are the ones that ensure survival
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The answer is Ayn Rand.
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3 years ago
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