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Vlad1618 [11]
3 years ago
6

The following data concerning the retail inventory method are taken from the financial records of Ivanhoe Company.

Business
1 answer:
SSSSS [86.1K]3 years ago
5 0

Answer:

B. $246,500

Explanation:

Retail Cost

Beginning inventory

$278,000 $201,000

Purchases

$1,280,000. $889,000

Freight-in

--- $23,500

Net markups

$78,700

Net markdown

$56,200

Sales

$1,334,000

Ending inventory at retail would be;

= Beginning inventory + Purchases + Net markups - Net markdowns - Sales

= $278,000 + $1,280,000 + $78,700 -

$56,200 - $1,334,000

=$246,500

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Operating activities

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By performing day to day activities, the company is enabled to generate the revenues through which the company could accomplish its goals and objectives.

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a. $612

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Explanation:

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3 years ago
Select all of the purposes workplace technology can serve, as stated in the segment.
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Explanation:

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A production function is a relationship between:____.a. inputs and profit. b. inputs and quantity of output. c. inputs and reven
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Answer:

b. inputs and quantity of output

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3 years ago
Bond X is a premium bond making semiannual payments. The bond pays a coupon rate of 11 percent, has a YTM of 9 percent, and has
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Answer:

Results are below.

Explanation:

<u>To calculate the price of each bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

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Bond Price​= 55*{[1 - (1.045^-11)] / 0.045} + [1,000/(1.045^11)]

Bond Price​= 469.1 + 616.2

Bond Price​= $1,085.3

<u>Bond Y:</u>

Coupon= (0.09/2)*1,000= $45

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3 years ago
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