Answer:
hey matthew
Explanation:
Is TRUE.
Trade Surplus. A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. A trade surplus occurs when the result of the above calculation is positive. A trade surplus represents a net inflow of domestic currency from foreign markets.
Answer:
$11,200
Explanation:
As not mentioned in the account. It is Assumed that the Larry and Bird are related parties and Bird made a sale at a transfer price of $40,000 with $24,000 cost of inventory.
Bird can only recognize the equity up to the ratio of inventory used or sold by the related party.
As 30% was not consumed then consumption will be 70%, so 70% of the income is realized and it will be recorded.
Equity Income = $40,000 - $24,000 = $16,000
Realized Equity income = $16,000 x 70% = $11,200
* There is some ambiguity in the question given.
Answer:
Inventory turnover = 9.45
Explanation:
Inventory turnover is defined as the ratio between Cost of good sold and average inventory.
Average inventory is defined as follows, where BI = Beginning merchandise inventory and EI = Ending merchandise inventory:
then:
Answer: C.$221.86
Explanation:
Contribution Margin is the difference between the sales price and the variable costs.
Best case scenario of Sales would mean it is the higher amount.
Best case scenario of costs would mean the lower amount.
Best case Sales
= 349 * ( 1 + 3%)
= $359.47
Best Case Variable Cost
= 139 * ( 1 - 1%)
= $137.61
Best Case Contribution Margin
= Best case Sales - Best Case Variable Cost
= 359.47 - 137.61
= $221.86
Answer:
<h3>the labor market</h3>
Explanation:
<h2>#carry on learning</h2>
