If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
Given
Sales - 200,000
Goods available for sale - 261,000 (cost) & 450,000 (retail)
First, we need to get the cost of retail ratio. the formula is
Cost to Retail ratio= Cost/ Retail
261,000
CRR= ------------- = 0.58
450,000
Next is to get the ending inventory by following this steps
Cost Retail
Cost of Goods Available for Sale $261,000 $450,000
- Sales $200,000
------------------
Ending Inventory $250,000
x Cost to Retail Ratio .58
------------------
Ending Inventory $145,000
So, the estimated ending inventory for the month of July is $145,000.
Answer:
g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.
Explanation:
Firstly, the former manager who retired increased sales by 15 percent every year for the past five years. Secondly, based on the performance of recent Wharton graduates, who were managers at three additional stores owned by Kristin's company and were able to perform better than this former manager who just retired by increasing sales by 18 for the past three years in their respective stores. Kristin can therefore conclude to higher Roger Benson to repeat the same stellar performance.
Answer:
D.
discouraging the use of products like alcohol and tobacco
Explanation:
Excise taxes can be regarded as taxes that are been paid after purchasing a particular goods such as gasoline, it is also extended on activities like usage of high ways.. It should be noted that besides raising revenue, discouraging the use of products like alcohol and tobacco is another important use of excise taxes.
If a company buys back $100 worth of stock, this increases the cash flow to the stockholders by exactly $100.
This is further explained below.
<h3>What are
stockholders ?</h3>
Generally, An person or a legal organization that is registered by a company as the legal owner of shares of the share capital of a public or private business is referred to as a shareholder of that corporation.\
In conclusion, When a corporation repurchases $100 worth of its own stock, the result is an increase in cash flow of precisely $100 to the firm's investors.
Read more about stockholders
brainly.com/question/18523103
#SPJ1