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3 years ago

The following information pertains to the Frameworks Corporation for May. Calculate the cost of goods sold for the period:

Business

1 answer:

gogolik [260]3 years ago

4 0

Answer:

b.$131,300.

Explanation:

Cost of Goods Manufactures = $129,800

Beginning Finished Goods Inventory = $22,500

Ending Finished Goods Inventory = $21,000

Cost of Goods Sold = Cost of Goods Manufactures + Beginning Finished Goods Inventory - Ending Finished Goods Inventory

Cost of Goods Sold = $129,800 + $22,500 - $21,000

Cost of Goods Sold = $131,300

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Answer:

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Explanation:

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4 years ago

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Allisa [31]

Answer:

The correct answer is option d.

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3 years ago

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If a bank invested $75 million in a two-year asset paying 12 percent interest per year and simultaneously issued a $75 million o

hammer [34]

Answer:

The net interest income in two years would $1,500,000 and $375,000

Explanation:

In order to calculate the net interest income in two years, we have to calcuate the following:

First we have to Calculate the interest income:

Year 1 = $ 75,000,000*12% = 9,000,000

Year 2 = $75,000,000*12% = 9,000,000

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3 years ago

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