Answer:
$18,910.00
Explanation:
Monthly rent $1240
Extra monthly charge $160
Electricity $90
Other utilities $860 per year
Insurance $170 per year
The monthly rent per year will be
=$1240 x 12
=$14,880
Parking charges per year
=$160 x 12
=$1,920
Electricity charges per year
=$90 x 12
=$1,080
Other utilities per year
=$860
Insurance per year
=$170
The annual cost will be
=$14,880 + $1,920 + $1,080 + $860 + $170
=$18,910.00
Answer:
b. $3,000
Explanation:
Jed was refused payment of $5000, the court awarded only $2000, rest $3000 is a loss for Jed. He can only deduct $3000 and not full $5000 as $2000 has been realized.
Therefore, The amount of loss may Jed deduct in the current year is $3,000.
Answer:
Explanation:
In the first case flour can be counted as final good as it was consumed just after that . Bread for self consumption is not a good . On the other hand bread
is a final good in second case as it had some commercial value . Flour is work- in -process.
Answer:
Company 1 is most likely to have lost sales due to an inventory shortage.
Explanation:
Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.
Company with highest Inventory turnover may lost sales due to inventory shortage. Company 1 1 has the highest inventory turnover of 46.3. Which may lead to to the shortage of stock because the inventory in stock is more likely to sold earlier than other companies. High inventory turnover will lead to low inventory days.
