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lbvjy [14]
2 years ago
12

Determine the ending inventory under the conventional retail method for the furniture department of Mayron Department Stores fro

m the following data. (Round ratio of cost to selling price to 0 decimal places, e.g., 15%) Cost Retail Inventory, Jan. 1 $ 149,000 $ 283,500 Purchases 1,400,000 2,160,000 Freight-in 70,000 Markups, net 92,000 Markdowns, net 48,000 Sales revenue 2,175,000 Ending inventory $

Business
1 answer:
Alisiya [41]2 years ago
5 0

Answer:

$199,541.51

Explanation:

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Which factors are considered when deciding how to make goods and services?
DochEvi [55]

Answer:

determining who has the greatest need

finances of prospective buyers(X)

methods traditionally used to make a good

ways to produce items at a lower cost or higher quality (X)

ways to make the biggest profit (X)

Explanation:

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2 years ago
What are some of the advantages and disadvantages of buying a home compared to renting.
nignag [31]

well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard

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3 years ago
Otis, the manager of a camera store, believes that his store may be closed by corporate in the near future, so he cannot sleep w
Mandarinka [93]

Answer:

Panic

Explanation:

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7 0
3 years ago
Read 2 more answers
Quarter Real GDP (billions of dollars) Long-Run Trend of Real GDP (billions of dollars) 1 4,000 4,000 2 4,160 4,120 3 4,326 4,24
bekas [8.4K]

Answer:

6%

Explanation:

As per given data

Quarter     Real GDP ($billions)     Long-Run Trend of Real GDP ($billions)

   1                      4,000                                   4,000

   2                     4,160                                    4,120

   3                     4,326                                    4,244

   4                     4,413                                    4,371

   5                     4,501                                    4,502

   6                     4,591                                    4,637

   7                     4,499                                    4,776

   8                     4,409                                    4,919

   9                     4,673                                    5,067

   10                    4,954                                    5,219

   11                     5,252                                    5,376

   12                    5,376                                    5,537

Growth of GDP = (DGP of Current/recent period - GDP of Prior period) / DGP of Prior period

In this question prior period is quarter 10 and current /recent period is quarter 11.

So, formula will be

Growth of GDP = (DGP of quarter 11 - GDP of quarter 10) / GDP of quarter 10

As we need to calculate the real GDP growth the formula will be as follow

Growth of real GDP = (Real DGP of quarter 11 - Real GDP of quarter 10) / Real GDP of quarter 10

Growth of real GDP = ($5,252 billion - $4,954 billion) / $4,954 billion

Growth of real GDP = $298 billion / $4,954 billion

Growth of real GDP = 6.02% = 6%

3 0
3 years ago
The job of increasing public awareness of a company's products, brands, or activities and by fostering desirable company images,
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It is the task of <u>"Public Relations".</u>


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8 0
2 years ago
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