Answer: d.) profits were zero and its economic losses were $500,000.
Explanation:
Sorry I don’t know the answer I am just answering to see something about my points because they are negative and I am trying something I am so
Core competencies are the resources and capabilities that comprise the strategic advantages of a business
Answer:
Lost Inventory would be $2.000
Explanation:
Consider the following calculations and variables
- Inventory cost at beginning : $1000
- Purchase : $13,000
- Sales : $20000
- cost of Goods Available = $1000 + $13,000 = $14,000
- Gross Profit percentage is 40%. So Cost of Goods Sold = 100-40 = 60%
- Cost of Goods Sold = $20000 * 60% = $12000
- Ending Inventory = Cost of Goods Available - Cost of Goods Sold = $14000 - $12000 = $2000
Lost Inventory would be $2000
