1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
qaws [65]
2 years ago
12

The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). R

equired: Determine the missing numbers. (Enter all amounts as positive numbers. Enter your answers in thousands.)
Business
1 answer:
nikklg [1K]2 years ago
8 0

Answer:

Particulars                                      2021                2022                    2023

Beginning Inventory                        <u>277</u>                <u>253</u>                         235

Cost of Goods sold                          633                623                        <u> </u><u>586</u>

Ending inventory                             <u> </u><u>253 </u>              235                          220

Cost of good available for sale       886                <u>876</u><u> </u>                         806

Purchases                                         640                <u>623 </u>                         595

Purchase discounts                           20                   17                            <u>26</u>

Purchase returns                               26                   32                            16

Freight-in                                            15                    34                            18

Explanation:

There are few missing values which are calculated using back solving technique. These values are bold and underlined. Playa Company has missing information for its three year accounts.

Available for sale = Beginning inventory + Net Purchases

Cost of Goods Sold =  Cost of good available for Sales - Ending inventory

Ending inventory = Cost of Goods available for Sales - Cost of Goods Sold.

Net purchases = Gross purchases + Freight in - Purchase discount - Purchase return

You might be interested in
Stock Z is trading at $50 today. In one year, the value will go either up to $62.50 or down to $40. A call option on Z with exac
PilotLPTM [1.2K]

Answer:

0.33

Explanation:

Delta = (Cu – Cd)/(Su – Sd)Cu

= 62.50 – 55 = 7.50

Cd = 0

Delta = (7.50 – 0)/(62.50 – 40)

= 0.33

5 0
3 years ago
EBIT goes from $30M to $33M; Depreciation goes from $10M to $12M; and interest expense goes from $6 M to $8M.1. What is the perc
Alekssandra [29.7K]

Answer:None of the above= 10% and 33.33%

Explanation:

Coverage ratio EBIT/Interest expenses

Change in numerator =3/30*100

Change in denominator= 2/6*100

6 0
2 years ago
Directions and Analysis Task 1: Defining Entrepreneurship Before deciding on a business. you determine that you need to know mor
andrew11 [14]

As with most things, market research has certain trends that come and go over time. Identify at least two market research trends, past or present, and explain the limitations of these trends.Question

Directions and Analysis Task 1: Defining Entrepreneurship Before deciding on a business. you determine that you need to know more about entrepreneurship Describe entrepreneurship. How is it different than working for someone else? How does entrepreneurship affect you? How does it affect the economy? Type your response here: Task 2: Latest Trends in Entrepreneurship Conduct online research to find out some of the latest trends in entrepreneurship. Describe five such trends in brief.​

8 0
3 years ago
In what positive and negative ways has the Internet changed the conduct and coordination of global business?
Whitepunk [10]

Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft

Explanation:

The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways

Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.

Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.

7 0
2 years ago
Which of the four external processes in the consumer’s culture do you think have been the most important to the success of Dove’
Tcecarenko [31]

Answer and explanation:

Dove's campaign for "Real Beauty" used the values, personality and lifestyle features to drive its advertisements to success. Dove achieved that purpose promoting the idea that there is no set definition of beauty and spreading the point of view that women are beautiful on their own.

Dove tore down the stereotype of conventional beauty by targeting its products to women of different ages, races, sizes, and social classes which helped to broaden the company's market segment since most women identified themselves with Dove's advertisements.

3 0
3 years ago
Other questions:
  • On average, someone with a Bachelor's degree is estimated to earn ____ times more than someone with a high school diploma.
    12·2 answers
  • Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:
    10·1 answer
  • How do you change the number of rows and columns displayed for an embedded Excel object on a PowerPoint slide?
    11·1 answer
  • NEED HELP ASAP THANK YOU
    12·1 answer
  • Global Blenders sells goods and services that other companies offer but does not provide any organization with the input resourc
    11·2 answers
  • Type the correct answer in the box. Spell all words correctly. What factor reflects the ‘cost of money’? The ‘cost of money’ is
    15·1 answer
  • Acquired $60,000 cash from the issue of common stock. Received an $8,200 cash advance for services to be provided in the future.
    15·1 answer
  • How can questionnaires be distributed to potential respondents?
    11·1 answer
  • Define federal deposit insurance corporation.​
    14·1 answer
  • Which would be processed as an exception to the payment rate typically calculated according to the Federally Qualified Health Ce
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!