Answer:
new layer at cost = $32000
Explanation:
given data
cost-to-retail percentage
beginning inventory = 60%
current period purchases = $50,000
retail value = $50,000
solution
we get her new layer at cost that should be here as
new layer at cost = retail value × current period purchases ......................1
put here value ans we will get
new layer at cost = $50,000 × 64%
new layer at cost = $32000
Answer: Option (A) is correct
Write-off refers to accounting term that curtails the amount of an asset while synchronously soliciting liabilities. It is principally utilized in its literal term by organizations seeking to rationalize unpaid loan obligations,receivables, or losses. Delinquent account refers to a credit account, where a individual has be found lacking to make at least the minimum monthly payment.
<em>Therefore, Write-offs of delinquent accounts could be viewed as the internal control deficiency of the given organization.</em>
You can make posters and signs that can show ppl you sell them or get a food truck !
Answer:
11.40
32 days
Explanation:
Inventory turnover and days of sales of inventory are examples of activity ratios.
They are used to measure the efficiency of performing daily tasks
inventory turnover = Cost of goods sold/ average inventory
Average inventory = ($118,000 + $110,000) / 2 = $114,000
Inventory turnover = $1,300,000 / $114,000 = 11.40
days of sales of inventory = 365 / inventory turnover = 365 / 11.40 = 32 days
Answer:
maybe he earned 5000 more
Explanation:
5000+5000=10000
