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.
The LBA label means that Logical Block Addressing is used. It is a <span>common scheme used for specifying the location of blocks of data stored on computer storage devices.</span>
A hard drive has stamped on its label: lba = 7,814,037,168. this means that it has 7,814,037,168 sectors. Or more precisely, 7 platters, 814 cylinders, 37 heads and 168 sectors per track.
Answer:
B) 50%
Explanation:
Matthew's total return on investment = (current price - original purchase price) / original purchase price
= ($150 - $100) / $100 = $50 / $100 = 0.5 or 50%
To be able to determine the annual rate of return we would need to know when did Mathew purchase the shares.
Answer:
B is the answer have a great day
Explanation:
