Answer:
$873,200
Explanation:
The computation of the cost of merchandise sold is shown below:
= Merchandise inventory, July 1 + Purchases - Purchases returns and allowances - Purchases discounts - Freight in - Merchandise inventory, July 31
= $49,300 + $985,500 - $33,500 - $19,700 - $13,800 - $94,600
= $873,200
We simply added the purchase amount and deduct all other items except Increase in estimated returns inventory to the opening balance of merchandise inventory
Answer:
Explanation:
Let x represent height of the trapezoid.
We have been given that a trapezoid has one base equal to twice its height, so one base of trapezoid would be .
We are also told that the other base is three times as long as the height, so other base of trapezoid would be .
Now, we will use area of trapezoid formula to write our required expression.
, where, a and b represent parallel bases of trapezoid and h represents height.
Upon substituting the expressions for bases of trapezoid in area formula, we will get:
Therefore, our required expression for the area of the trapezoid as a common fraction in terms of the height would .
Product Life cycle Management has several stages. The stages determined the growth and low downs of product. During the introduction stage, sales are growing slow(low) and profit is minimal.
- Market Introduction stage is often called the introduction stage that has a low growth rate of sales as the product is said to be recently brought into limelight and consumers may not know much about it.
Most times, firms do experience losses rather than profits during this stage. and so when product is new on the market and small or no profit is made due to high costs and low sales.
Conclusively, the stage gives a lot of opportunities such as low competition in the market.
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Answer:
A lawyer has skills that are in demand. The supply for these skills is low and the demand is high. On the other hand, the supply for a legal assistant is high and the demand is low. A person in the position of lawyer would most likely have more education and experience than a legal assistant.
Explanation:
The statement that innovation occurs when new ideas and information are combined to bring about progressive change is True.
- Innovation can be regarded as process involving development of new ideas and information to bring about improvement to the society.
- This can take different form, ranging from communication, transportation and other areas of life.
Therefore the above statement is true.
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