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2 years ago

An

Business

1 answer:

dimaraw [331]2 years ago

7 0

Answer:

the answer is A

Explanation:

Wood binds up water, which bacteria needs to grow. Wood also contains antimicrobial compounds

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Campbell Co. has net sales revenue of $1,340,000, cost of goods sold of $760,900, and all other expenses of $299,000. The beginn

Softa [21]

Answer:

3.50

Explanation:

Given the information above, we need to find first the Average fixed assets.

Average fixed assets = Fixed assets beginning balance + Fixed assets ending balance / 2

= ($370,000 + $398,000) / 2

= $384,000

Then , the fixed assets turnover will be calculated as;

Fixed assets turnover = Net revenue / Average net fixed assets

= $1,340,000 / $384,000

= 3.50

Therefore, Campbell Co. Fixed asset turnover ratio would be 3.50

5 0

2 years ago

Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be

faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales) all in retail prices

= $123,000 + $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 × (64,500 + 315,000)/(123,000 + $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0

2 years ago

A nation has a GDP of 685m. It has a growth rate of 4%. How long will it take the nations GDP to double?

katovenus [111]

<span>The Rule of 70 can be used to determine the length of time it would take for a variable to double. In this case, using a growth rate of 4%, we can divide 70/4 to find that it would take 17.5 years for the GDP of this nation to approximately double.</span>

7 0

2 years ago

If the economy is normal, Charleston Freight stock is expected to return 16.5%. If the economy falls into a recession, the stock

Vinil7 [7]

Answer:

The Mean return = 0.8*16.5% + 0.2*-11.6%

The Mean return = 0.132 + (-0.0232)

The Mean return = 0.132 - 0.0232

The Mean return = 0.1088

The Mean return = 10.88%

Variance = 0.8*(16.5%-10.88%)^2 + 0.2*(-11.6%-10.88%)^2

Variance = 0.8*(5.62%)^2 + 0.2*(-0.72%)^2

Variance = 0.012634

6 0

2 years ago

After the accountant of Stallone Retailers had prepared the financial statements for the year ended 31 December Year 6, the fol

n200080 [17]

The adjusted profit of Stallone Retailers for the year ended December 31, Year 6 is £115,400.

Data Analysis:

1. Motor Van £8,000 Motor running expense £8,000

Depreciation expense £1,600 Accumulated depreciation £1,600 ( £8,000 x 20%)

2. Cost of goods sold £3,000 Inventory £3,000

3. Drawings £4,000 Inventory £4,000

4. Loan £2,200 Cash £2,200

<u>Adjustment of Profit</u>

Profit before the errors £112,000

Adjustments:

Motor running expense £8,000

Depreciation expense (£1,600)

Cost of goods sold (£3,000)

Adjusted profit £115,400

Thus, the adjusted profit is now £115,400.

Learn more: brainly.com/question/3816206

4 0

2 years ago