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yan [13]
3 years ago
15

Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $69,200. The company's beginning merchand

ise inventory was $15,600 and its ending merchandise inventory was $28,800. What was the total amount of the company's merchandise purchases for the month
Business
1 answer:
Leya [2.2K]3 years ago
3 0

Answer:

$82,400

Explanation:

Cost of goods sold = beginning merchandise inventory + purchases - ending merchandise inventory.

$69,200 = $15,600 + purchases - $28,800

Purchases = $82,400

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Can a person’s general attitude toward risk be applied to his/her approach to investing
seropon [69]
Yes it can be applied.
If an investor is pessimistic that a certain risk that they fear will occur, they avoid investing in the fields prone to the risk. 
For example, if an investor is offered an opportunity in the oil and flammable fuels and the persons dreads fire, that person declines the offer no matter how viable it is.
7 0
3 years ago
Which of the following is not true concerning the usage of public land. a. Public land is managed by federal and state agencies.
tekilochka [14]

Answer: The correct answer is "b. Unprotected lands exist inside federal parks.".

Explanation: The statement "Unprotected lands exist inside federal parks" is NOT TRUE concerning the usage of public land because there are no unprotected lands within federal parks.

5 0
3 years ago
Read 2 more answers
Please help branliest to correct answer no guessing please
timofeeve [1]

Answer:

Education..

Explanation:

Hope i helped u..

4 0
3 years ago
Variable Costing—Production Exceeds Sales Fixed manufacturing costs are $44 per unit, and variable manufacturing costs are $100
Soloha48 [4]

Answer:

a. The variable costing operating income is less than absorption costing operating income.

b. The difference in variable costing and absorption costing operating income is:

= $739,200.

Explanation:

a) Data and Calculations:

Fixed manufacturing costs per unit = $44

Variable manufacturing costs per unit = $100

Production units =  67,200

Sales units =          50,400

Ending inventory = 16,800

Income Statements             Variable        Absorption

                                             Costing           Costing

Costs of goods sold:        $5,040,000   $7,257,600

Fixed expenses                  2,956,800

Total costs                        $7,996,800   $7,257,600   $739,200

b) The difference in variable costing and absorption costing operating income is because of the absorbed fixed costs in ending inventory, which is now carried forward to the next accounting period.

4 0
2 years ago
Ben has ​$2 comma 000 in his savings account and the bank pays an interest rate of 14 percent a year. The inflation rate is 9 pe
Alinara [238K]

Answer: After Tax Nominal Rate - 12.6%

After Tax Real Rate - 3.6%

Explanation:

<em>Real Rate of return is defined as the nominal interest rate less inflation. </em>

The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.

The formula is,

= Nominal Rate( 1 - tax rate) - Inflation rate

= 14% ( 1 - 10% ) - 9%

= 14 ( 90% ) - 9

= 3.6%

The <em>Nominal Rate is simply the Real Rate plus Inflation</em>. The After tax real rate has already being found so the After Tax Nominal Rate is,

= 3.6 + 9

= 12.6%

5 0
3 years ago
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