Answer:
$233,000
Explanation:
As we know that
Cost of goods sold = Beginning inventory + net purchase - ending inventory
where,
Beginning inventory = $32,000
Net purchase is
= Purchase - purchase discounts - purchase returns + freight in
= $240,000 - $6,000 - $10,000 + $17,000
= $241,000
And, the ending inventory is $40,000
So, the cost of goods sold is
= $32,000 + $241,000 - $40,000
= $233,000
We simply applied the above formula so that the cost of goods sold could come
1 ABCDEF- Reposition a product 2 ABCDEF- Marketing a product 3 ABCDEF- Scheduling production 4 ABCDEF- Modifying plant and equipment 5 ABCDEF- Raising money and paying debt 6 ABCDEF- Inventing a new product
They can import and then industrialize.
1. Amount of bond liability Balance Sheet
2. Description of bond liability. Footnotes
3. Interest rates associated with bond issuances. Balance sheet
4. Interest paid for the period. Profit and Loss Account
5. Maturity dates associated with bond issuances. Balance sheet.
6. Cash interest paid during the period. cash flow statement.
A balance sheet (also known as a balance sheet or management report) is a personal Or a summary of the organization's financial balance. commercial entity.
Assets, liabilities, and equity are listed as of a specific date (such as the end of the fiscal year). A balance sheet is often referred to as a "snapshot of a company's financial position." of the four basic degrees.
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Answer:
They may put a firm at a competitive advantage to indigenous competitors
Explanation:
Trade barriers is when the government put up barriers to import. The goal of this is to increase local production of goods and services.
Trade barriers can be in the form of quotas or import taxes
Trade barriers makes the import of goods more expensive and this discourages imports
