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enot [183]
2 years ago
11

) Using the following information, what is the amount of cost of merchandise sold?

Business
1 answer:
Orlov [11]2 years ago
5 0

Answer:

C. 30,210

Explanation:

Cost of merchandise sold = cost of merchandise purchase - cost of merchandise left in inventory

= Purchases  of $32,000 - Purchases discounts  of $960 - Purchases returns and allowances  of $1,200 + Freight In  of $1,040

- ( Merchandise inventory  at  September 30  of $6,370 - Merchandise inventory September 1  of $5,700)

= 32,000- 960- 1,200+1,040 - 670 = 30,210

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There are 300 purely competitive farms in the local dairy market. of the 300 dairy farms, 298 have a cost structure that generat
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Answer:

The percentage rate of return for these 298 dairies is 6%

Explanation:

The percentage rate of return is calculated by dividing the profits by total investment, so the given information in the question is,

profits = $18

investment = $300

percentage rate of return = 18/300 = 0.06 = 6%

4 0
3 years ago
Which of the following will not create minimum contacts in a state sufficient to find personal jurisdiction on an out-of-state d
Maurinko [17]

Answer: A company maintains a website that provides information about its products and that provides an address or number that a customer can contact to obtain an order form to purchase products directly from the company.

Explanation:

With different states having varying laws but yet still sharing a lot of business interests, it is important that the states know when they can have jurisdiction over a person.

Minimum contacts is the solution and is used to determine whether an entity has sufficient contacts in a state to warrant jurisdiction over them.

Simply having a website that can be accessed by people in a state does not fall under the provisions required for minimum contact to be met so the courts in this state cannot have personal jurisdiction over this company.

7 0
3 years ago
The primary difference between product markets and factor markets is that
Dennis_Churaev [7]

Answer:

The primary difference between product markets and factor markets is that:

Product markets are markets related to products, goods, tangible finished items.  This is where you'll get your product for sale and where people will buy it.

while

Factor markets are for the factors of production, mostly intangible, like labor, capital and entrepreneurial skills.  This is what you'll use (including raw materials) to make your product.

7 0
3 years ago
What if this website was a dating and show yourself and butt app/website?
marta [7]
It’s not but that would be weird considering a lot of people on here are minors
5 0
2 years ago
The Vogt corporation paid a dividend of $4.20 on its stock in the year just ended. If the dividends are projected to grow at a r
Jet001 [13]

Answer:

cost of equity = 13%

Explanation:

With the info given, we will use cost of equity formula from Dividend Growth Model. THis is given by:

k_e=\frac{D_1}{P_0}+g

Where D_1 is the next year dividend or D_1 = D_0(1+g)

P_0 is current stock price

g is the growth rate

Since D_0 (dividend this year) is 4.20 and g = 6.4%  or 0.064, we can calculate D_1:

D_1=D_0(1+g)=4.2(1+0.064)=4.47

Current share price is 68, so we can now calculate cost of equity:

k_e=\frac{4.47}{68}+0.064=0.13

Hence,

cost of equity = 13%

8 0
3 years ago
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