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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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Efficiency is:
sattari [20]

Answer:

d. defined as the time it takes to produce a product.

Explanation:

There are two concepts i.e Efficiency and effectiveness

Efficiency: In this, the work or task is performed with minimum time, effort and with available resources or we can say in the best possible manner. It deals with the techniques, not the output that will be produced after applying the techniques

Effectiveness: In this, the business organization aims to achieve its goals and objectives. It gives the end result of a particular task.

So, the correct option is d.

6 0
3 years ago
On January 1, 2016, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta
VikaD [51]

Answer:

B. $6,000

Explanation:

The computation of the annual depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)  

= ($41,000 - $5,000) ÷ (6 years)  

= ($36,000) ÷ (6 years)  

= $6,000

The original cost is computed below:

= Purchase value + transportation and installation cost

= $40,000 + $1,000

= $41,000

8 0
3 years ago
In the case of international trade, which of the following does not benefit all nations involved?
Hoochie [10]

the answer is a. all the choices are benefits

4 0
3 years ago
The building code of River City requires that elevators in public buildings be inspected every nine months. Hal did not have the
Archy [21]

Answer: Public tort

Explanation: In simple words, public tort refers to the minor breach of contract by an individual. It is considered as a civil offense but still the acts under this act carries a criminal punishment.

In the given case, Hal did not make the elevator inspected in the seventh story for two years, however all other were inspected as per the rules. Thus, we can conclude that he breached the rule on a small level.

Hence from the above we can conclude that his offense would be classified as public tort.

3 0
3 years ago
How is Japan dealing with economic concerns about an aging population?
natulia [17]

The correct answer to this open question is the following.

Japan is dealing with economic concerns about an aging population in the following way. The Japanese government is inviting the seniors in Japan to not retire, instead, encouraging them to continue to work and be productive. Statistics show that 20 to 22% of Japan's population is seniors, older than 65 years. So that is why the Japanese government invites people to keep on being productive, generation some income for them, and extending the moment in which the government has to pay pensions.

7 0
3 years ago
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