If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
Given
Sales - 200,000
Goods available for sale - 261,000 (cost) & 450,000 (retail)
First, we need to get the cost of retail ratio. the formula is
Cost to Retail ratio= Cost/ Retail
261,000
CRR= ------------- = 0.58
450,000
Next is to get the ending inventory by following this steps
Cost Retail
Cost of Goods Available for Sale $261,000 $450,000
- Sales $200,000
------------------
Ending Inventory $250,000
x Cost to Retail Ratio .58
------------------
Ending Inventory $145,000
So, the estimated ending inventory for the month of July is $145,000.
Answer:
Truthfulness
Explanation:
A credible news organization is an organization that conveys truthful, verified information, ideally without biases. For example, Reuters is one of the most credible organizations because they do not editorialize information: they simply convey it as it is.
Negative news should not be used to promote hidden agendas against something or someone, because if the agenda is discovered, the credibility of the news organization will take a hit.
Answer:
The correct answer is letter "A": true.
Explanation:
Free Trade exists when nations can swap goods and services without the constraints of tariffs, duties, and quotas. Free trade lets nations concentrate on manufacturing their specialties which are typical products other nations cannot male or produce as well.
Answer: The answer is "A" Technical skills.
Explanation: The technical skills refer to the skills which are handy and are needed to make the job which would otherwise hard to perform to be more easily performed. This skills also explain how a person can design and formulate models or programs for a long task to be performed at a shorter period of time. This is why that case described in the question is best referred to as technical skills. Professional skills at the other hand involve the professional coordination of the activities of an organization. The answer is therefore "A" technical skills.
