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JulsSmile [24]
3 years ago
9

Marcy's, Inc., operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2016 third-quarter

report, the company reported Cost of Goods Sold of $2,100 million, ending inventory for the third quarter of $3,200 million, and ending inventory for the previous quarter of $2,800 million. Estimate merchandise purchases for the third quarter.
Business
1 answer:
Akimi4 [234]3 years ago
7 0

Answer:

$2,500 million

Explanation:

Calculation to Estimate merchandise purchases for the third quarter

Using this formula

Third quarter merchandise purchases= Ending inventory + Cost of goods sold - Beginning inventory

Let plug in the formula

Third quarter merchandise purchases= $3,200 million + $2,100 million - $2,800 million

Third quarter merchandise purchases= $2,500 million

Therefore The Estimated merchandise purchases for the third quarter will be $2,500 million

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Inflation is 14 percent. Debt is $4 trillion. The nominal deficit is $360 billion. What is the real deficit or surplus
DiKsa [7]

Answer:

Real Surplus is $200 billion

Explanation:

Inflation = 14%

Debt = $4 trillion = $4,000 billion

Nominal deficit = $360 billion

Real Deficit = Nominal deficit - (Inflation*Debt)

= $360 - 14% * 4,000

= $360 - 560

= -$200

Hence, the answer is Real Surplus of $200 billion

8 0
3 years ago
Debbie sells fancy apples at the farmer's market each saturday. a dozen apples sell for $25. debbie pays $1.75 for each apple. w
marishachu [46]
33 cents or 0.33 dolars
6 0
3 years ago
A​ person's website specializes in the sale of rare or unusual vegetable seeds. He sells packets of​ sweet-pepper seeds for ​$2.
ANTONII [103]

Answer:

7 packets of  sweet-pepper seeds and 9 packet of hot-pepper seeds.

Explanation:

Let x packets of​ sweet-pepper seeds for ​$2.16 each and y packets of​ hot-pepper seeds for ​$4.24 each are mixed to obtain 16​-packet mixed pepper assortment for ​$3.33 per packet,

i.e. x + y = 16       ..........(1)

Also,

The price of sweet-pepper seeds + price of hot pepper seeds = price of the mixture

⇒ 2.16x + 4.24y = 3.33(x+y)

⇒ 2.16x + 4.24y = 3.33x+3.33y

⇒ 2.16x + 4.24y - 3.33x-3.33y = 0

⇒ −1.17x +0.91y = 0  ........(2)

Equation (2) + 1.17 × equation (1)

0.91y + 1.17y = 18.72

2.08y = 18.72

⇒ y = 9

From equation (1),

x + 9 = 16 ⇒ x = 16 - 9 ⇒ x = 7

Hence, there are 7 packets of  sweet-pepper seeds and 9 packet of hot-pepper seeds.

7 0
3 years ago
Power Pumps produces a variety of commercial sump pumps. One of their models—Mighty Mo—is produced in a small plant in Missouri.
mojhsa [17]

Answer:

1000

Explanation:

The economic order quantity is given by the formula = Square root of [ (2 * D * S ) / (H) ]

D = Annual Demand = 2000*6=12000 numbers (six rotor for each pump)

S = Unit Order Cost = $ 250 / order

H = Inventory Holding Cost = 10% of Unit Cost = 10% of 60 = $ 6

The economic order quantity is given by the formula = Square root of [ (2 * D * S ) / (H) ]

Economic Order Quantiity = Squareroot of { (2 * 12000 * 250) / (6) }

Economic Order Quantiity = Squareroot of { 1,000,000 }

Economic Order Quantiity = 1000 numbers.

4 0
4 years ago
Résumés should be written in complete sentences<br> True or False
Leona [35]

Answer:

Résumés should be written in complete sentences. ... When selecting words to include in a résumé, they should be complex in nature.

5 0
3 years ago
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