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lara31 [8.8K]
4 years ago
5

Michael Jordan, retired NBA superstar, used his successes as an athlete to become a billionaire. What gains are entrepreneurs lo

oking to make with each venture? A) Charitable Donations B) Increased Cash Flow C) Trial and Error D) None of these
Business
1 answer:
Ivan4 years ago
7 0
It should be Option B since entrepreneurs main aim is usually profit making.
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Answer:

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Dakota Company had net sales (at retail) of $260,000.
disa [49]

Answer:

$35,860  

Explanation:

The computation of the ending inventory using the retail inventory method is shown below

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Opening Inventory(A)   $63,800    $128,400

Purchases(B)                 $115,060    $196,800

Goods available

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Cost ratio

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End, Inventory at Retail                     $65,200

($325,200 - $260,000)

End, Inventory at Cost    $35,860  

($65,200 × 55%)

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