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vesna_86 [32]
3 years ago
9

Mogul ships inventory with a cost of $80,000 to Ski Outfit and pays shipping costs of $8,000. By the end of the year, $60,000 of

the merchandise has been sold to customers for a total of $85,000. Mogul allocates $6,000 of the shipping costs to inventory sold and the other $2,000 to inventory not sold. Mogul also paid advertising costs during the year of $16,000. What amount of inventory will Mogul report at year end?
Multiple Choice

A $44,400.

B $20,000.

C $60,400.

D $24,400.
Business
1 answer:
Bezzdna [24]3 years ago
4 0

Answer:

D $22,000.

Explanation:

Mogul ships inventory

Cost of goods = $80,000+$8,000=$88,000

Cost of goods old = $60,000+$6,000=$66,000

Inventory =$88,000-$66,000

=$22,000

Therefore the amount of inventory will Mogul report at year end will be $22,000

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How to be successful in business without really trying?
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The Austin Land Company sold land for $85,000 in cash. The land was originally purchased for $65,000. At the time of the sale, $
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Answer:

The sale implies:

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decrease in asset by $40,000

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you are presenting to your stakeholders an analysis of your company’s latest quarter earnings. your stakeholders express concern
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Appropriate ways to respond to stakeholder objections are:

A. Communicate the assumptions you made in your approach

C. Take steps to investigate your analysis question further

D. Explain why you think the discrepancies exist

<h3 /><h3>Who are a company's stakeholders?</h3>

They correspond to individuals, organizations and groups that may have some kind of interest in a company. That is, they are the groups whose actions a company can directly impact, such as investors, customers and suppliers.

When there is concern about the financial projections presented, as in the question, it is ideal that there is an answer to such objections in a transparent way, demonstrating through reliable data to confirm your hypotheses.

Therefore, it is essential that a company seeks to develop corporate governance, with transparent and aligned decisions to increase stakeholder trust in the business.

This is a incomplete question. The missing alternatives are:

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4 0
1 year ago
According to libertarians, the government should redistribute income from rich individuals to poor individuals to achieve a more
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Answer:

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