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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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The Walt Disney Company is world renowned for its destination resorts and theme parks. The company prides itself on providing th
rodikova [14]

Answer:

Those repairing the rides.

Explanation:

The Walt Disney Company uses a strategy to create a complete experience when visiting its destination resorts and theme parks. Disney's goal is to create a magical world, where it can win people over by the enchantment of its characters and shows.

For this strategy to be effective, there is a very adequate training of its employees, most of them are included as members of the cast, using fantasies of the iconic characters and assisting visitors and taking photos, making the experience more complete.

But in the case of the above question, the group of employees who are most likely to be considered the "ingroup" in the theme park are those who provide technical support to repair the tours, due to the fact that the application of their skills is more technical and less playful. , as most Disney employees must behave.

7 0
3 years ago
Read 2 more answers
Acme enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this
Zanzabum

Answer:

$8500

Explanation:

Beg AP bal = 3000

Sold 1/2 of merch on acct = add 2500

Paid suppliers = subtract 1000

Bought more merch on acct = add 4000

3000 + 2500 - 1000 + 4000 = 8500

Ending AP bal = 8500

4 0
2 years ago
The aggregate supply curve Multiple Choice is explained by the interest rate, real-balances, and foreign purchases effects. gets
vladimir2022 [97]

Answer:

. shows the various amounts of real output that businesses will produce at each price level

Explanation:

Aggregate supply can be regarded as " domestic final supply" in domain of economics, it is the overall supply of services/ goods that is been produced at a particular overall price within an economy at a given period. It should be noted that aggregate supply shows the various amounts of real output that businesses will produce at each price level

3 0
3 years ago
Suppose one economist believes the target rate of unemployment is 4.5 percent while another believes it is 5.5 percent. Using Ok
Arlecino [84]

Answer:

$200 billion

Explanation:

Okun's law (or rule of thumb) states that for every 1% point drop in unemployment, the total output of the economy will increase by two percent.

In this case, since unemployment varies by 1% (= 5.5% - 4.5%), that would mean that the potential GDP differs in $200 billion (= $10 trillion x 2%) depending on which economist's unemployment estimation we use.

6 0
4 years ago
One fact about all currency is that it
Deffense [45]

Answer:

Differs amounts between different countries

Explanation:

5 0
4 years ago
Read 2 more answers
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