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2 years ago

Youngstown Rubber reports the following data for its first year of operation.

Business

1 answer:

Fed [463]2 years ago

8 0

Answer: The correct answer is "C. $489,600".

Explanation: The problem can be solved with a simple calculation:

The cost of goods sold is obtained by calculating: The Cost of goods manufactured - Finished goods inventory, ending.

Therefore the calculation would be:

$ 680600 - $ 191000 = $489600.

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How would you analyze three business tenets someone e is considering to invest in company stock? What data would you use? How wo

Volgvan

If e, is considering to invest in company stock, 1st tenets should be input and output, Data of raw materials , processing data of that particular raw materials and output of finished goods,calculate the time taken for product as finished goods, Marginal cost, Descriptive statistics.2nd tenets data calculation of cash inflow and outflow, net profit , operating, income statement and balance sheet.3rd tenets Sales data time series analysis, ARIMA analysis and forecasting.

Explanation:

Business is simple and understood only, When you understand about the product yourself,If you want to start a business in a fitness drink people should be aware of ingredients of a fitness drink that's how the business become simple, ingredients in all business.
Even if you dont understand Business if it is not that simple look into there management there prospectus, Who is there internal auditor which is SWOT in there Accounting. How strong are they able to curtail there operating cost.
There are three types investment in business Large cap, Mid cap or diversified cap. Blue chip companies stay long term but less return vise/versa.
Data for business, P.E ration, IRR, CAPM, ROI, Ratio Analysis, Financial modelling and analytical mind.

6 0

2 years ago

If the prepaid rent account before adjustment at the end of the month has a debit balance of $2,800, representing a payment made

vampirchik [111]

Answer:

$2,100

Explanation:

Data provided in the question

Prepaid rent account before adjustment at the end of the month = $2,800

And, the monthly rent is $700

So, the amount of prepaid rent after adjustment is

= Prepaid rent account before adjustment at the end of the month - the monthly rent

= $2,800 - $700

= $2,100

Basically we deduct the monthly rent from the prepaid rent balance before adjustment

7 0

3 years ago

Based on the limited amount of information provided, what would you guess is the social style of the buyer? how about the social

KengaRu [80]

Customer social style refers to the method customers use when interacting.

In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.

<h3>Who is a Customer ?</h3>

A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.

A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.

No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.

To learn more about Customer from the given link:

brainly.com/question/13472502

#SPJ4

8 0

1 year ago

Company Z is a U.S. company that is the first in this country to produce a good that is already produced in many foreign countri

lina2011 [118]

Answer:

Infant industry.

Explanation:

In this scenario, Company Z is a U.S. company that is the first in this country to produce a good that is already produced in many foreign countries and sold in the United States. Most likely, the argument it will voice in its attempt to be protected from foreign competition is the infant industry argument.

An infant industry can be defined as an industry that is still in its early stages of development and as such are not capable of competing with foreign companies.

<em>Hence, according to the infant industry theory the argument would be that infant industries should be offered some kind of protection from competitors in other industries either foreign or local until they mature and develop a good and reputable economies of scale. </em>

6 0

3 years ago

Presented below is information related to Bobby Engram Company.

Natasha_Volkova [10]

Answer:

A. $ 98,210

B1. Cost to retail percentage 60%

B2. Cost to retail percentage 65.73 %

B3. Cost to retail percentage 58 %

B4. Cost to retail percentage 63.33 %

Explanation:

A. Computation for the ending inventory at retail

Inventory at Retail

Beginning Inventory $ 100,000

Purchase ( Net ) $ 200,000

Net Markup $ 10345

Less Net Markdown ($26,135)

Less Sales Revenue ($ 186,000)

Ending Inventory $ 98,210

Therefore the ending inventory at retail will be $ 98,210

B1) Computation for a cost-to-retail percentage

Excluding both markups and markdowns.

Cost to Retail Percentage

Excluding both Markup and Markdown

Cost Retail

Beginning Inventory $ 58,000 $ 100,000

Purchase (Net) $ 122,000 $ 200,000

Total $ 180,000 $ 300,000

Cost to retail percentage = $180,000/$300,000 Cost to retail percentage = 60%

B2. Computation for a cost-to-retail percentage Excluding Markups but Including Markdown

Cost Retail

Beginning Inventory $ 58,000 $ 100,000

Purchase (Net) $ 122,000 $ 200,000

Less Mark down ($ 26,135)

Total $ 180,000 $273,865

Cost to retail percentage= $180,000 /$ 273,865*100

Cost to retail percentage= 65.73 %

B3. Computation for a cost-to-retail percentage Excluding Markdowns but including Markups

Cost Retail

Beginning Inventory $ 58,000 $ 100,000

Purchase Net $ 122,000 $ 200,000

Add Net Markups $ 10,345

Total $180,000 $ 310,345

Cost to retail percentage = $180,000 / $ 310,345*100

Cost to retail percentage = 58 %

B4. Computation for a cost-to-retail percentage Including both Markups and Markdown

Cost Retail

Beginning Inventory $58,000 $100,000

Purchase Net $ 122,000 $ 200,000

Net Markups $ 10,345

Less Net Mardown ($26,135)

Total $ 180,000 $ 284,210

Cost to retail percentage = $ 180,000/ $ 284,210 × 100

Cost to retail percentage = 63.33 %

Therefore the cost-to-retail percentage are:

B1. Cost to retail percentage 60%

B2. Cost to retail percentage 65.73 %

B3. Cost to retail percentage 58 %

B4. Cost to retail percentage 63.33 %

8 0

2 years ago