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sammy [17]
3 years ago
10

Which of the following equations correctly identify the cost flow of a merchandising company? a) Net purchases minus beginning i

nventory equals merchandise available for sale b) Net purchases plus cost of goods sold equals merchandise available for sale c) Net purchases plus beginning inventory equals merchandise available for sale d) Beginning inventory plus cost of goods sold equals merchandise available for sale.
Business
1 answer:
Ann [662]3 years ago
5 0

Answer:

The answer is: C) Net purchases plus beginning inventory equals merchandise available for sale

Explanation:

The best way to show how this equation works is by assigning values to the accounts;

  • initial merchandise inventory was 2,000 units, at $10 per unit, total $20,000
  • merchandise purchased was 4,000 units, at $10 per unit, total $40,000

How many units do we have available for sale, and at what cost?

We add initial merchandise inventory and merchandise purchased = 6,000 units at $10 per unit, total $60,000

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Ahmed owns a small motor repair shop that had a cash flow of $297,241 in the current period. If Ahmed expects his business to gr
Tomtit [17]

Answer: $321,020

Explanation:

The cash flow is expected to grow at a rate of 8%.

This means that in the next year it will be 8% higher than the $297,241 it is in the current period.

= 297,241 * ( 1 + rate)

= 297,241 * ( 1 + 8%)

= $321,020

4 0
3 years ago
Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 30 chicken breasts per hour, while Tom
vodka [1.7K]

Answer:

Their average hourly productivity as a team for chicken breasts will be

45.

Explanation:

Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.

Mike debones 30 chicken breasts,

Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work

So, Tom allows Mike to debone only 60 chicken breasts per hour.

Now its mentioned that both Tom and Mike had worked 40hrs per week.

So, their average hourly productivity as a team will be:

                 frac\ {{30} +{60}} {2}

                    ⇒ 45

So, their average hourly productivity as a team for chicken breasts will be 45.

7 0
3 years ago
what describes the business need (the problem the project will solve) and the justification, requirements, and current boundarie
jeka94

A project plan describes the business need (the problem the project will solve) and the justification, requirements, and current boundaries for the project. The correct option of this question is c i.e. project plan.

A project plan is formal documentation that defines the stages of the project and its execution. This includes the business need, the resources required and their justification and optimized application and the extents of the project. Project planning is done by the project managers and project planning softwares is used for this purpose. It is the who, how, what, why, where and when of a project.

<u>The other options are incorrect because:</u>

  • Project scope is a part of a project plan and it determines what the extents, limits and boundaries of the project are.
  • Project management is the use of specific tools and expertise to ensure the successful completion of a project.
  • Project manager is the individual who plans, organizes and executes projects.

You can learn more about project plan at

brainly.com/question/15410378

#SPJ4

7 0
2 years ago
Like many other marketing strategy specialists, mark fritz relies heavily on creativity and originality. members of his team are
Rudik [331]
Democratic Leadership or perhaps Meritocracy
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4 years ago
The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market beca
BabaBlast [244]
D)
Market equilibrium occurs when supply = demand
8 0
3 years ago
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