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barxatty [35]
3 years ago
13

Gordon and lisa estimate that they will need $1,875,000 in 40 years for their retirement fund. if they can earn 8 percent annual

ly on their funds, how much do they need to save annually
Business
1 answer:
inysia [295]3 years ago
5 0
I believe the answer would be $9,234
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Assume that Sandhill Co. uses a periodic inventory system and has these account balances: Purchases $420,800; Purchase Returns a
ivolga24 [154]

Answer:

Cost of goods Sold = $384,000

Gross Profit = $259,000

Explanation:

Cost of goods sold = Opening Inventory + Net Purchase - Closing Inventory

Opening Inventory = $58,100  Closing Inventory = $92,600

Net Purchases = Purchase - Purchase Return - Discounts + Freight in

Freight in forms part of cost of purchase because without this expense inventory cannot be bought in.

Net Purchases = $420,800 - $11,900 - $8,100 + $17,700 = $418,500

Cost of goods Sold = $58,100 + $418,500 - $92,600 = $384,000

Gross Profit = Sales - Cost of Goods Sold

= $643,000 - $384,000 = $259,000.

6 0
3 years ago
Abigail is a manager at her company. The company just launched an initiative to improve its corporate citizenship practices. Abi
Fofino [41]

Answer:

The correct option is A,safeguarding shareholders' interests

Explanation:

Showing integrity and ethical behavior comes under a company portraying itself as a good corporate citizen in order to endear itself to stakeholders, however the responsibility of safeguarding shareholders' interests is the fundamental and not necessarily falls under ethical behavior as the primary reason for the creation of the business in the first place is to enhance maximization of shareholders' wealth

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3 years ago
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What's the question?

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3 years ago
Concept maps work because they _______. a. are colorful and interesting b. can be drawn by almost anyone c. visually demonstrate
stich3 [128]

Answer:

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8 0
2 years ago
A student is asked to write a critique of this excerpt from utopia. if these metals were laid up in any tower in the kingdom it
GenaCL600 [577]
One appropriate critique for this excerpt is that <span>The effects of slavery are much worse than the effects of materialism.
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8 0
3 years ago
Read 2 more answers
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