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Contact [7]
3 years ago
9

The children's department of a major department store had $615,000 in merchandise at the beginning of the year During the year,

$836,000 purchases were made. Assuming the yearend inventory was $573,200, what is the cost of goods sold? What was the total amount of merchandise available for sale?According to the results, compare and contrast the cost elements associated with a retailer (or service-based business) and a manufacturer? What additional product costs must be recognized within a manufacturer? What additional factors must be recognized by a company that uses a JIT inventory system?
Business
1 answer:
WARRIOR [948]3 years ago
5 0

Answer:

2

Explanation:

cause im smart ;)hehehehehehehehehehehe

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Stan’s Sporting Goods is a competitor that can manufacture seven soccer balls out of a possible ten, if it makes one soccer net.
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Answer:

Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.

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The Latimore Company invested $8.5 million in a new plant in Italy when the exchange rate was 1.1500 euros to the dollar. At the
Maurinko [17]

Answer:

Latinmore made money on the exchange rate movement. It was an exchange rate gain of $369,566. The marginal tax impact was $147,826.

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Since the standard practice in accounting is to reflect the current situation of the company, any change in the exchange rate that affects the assets of the company abroad must be recognized. The financial income of exchange gains are registered in the Income Statement and affects the base to pay income tax.

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4 years ago
Deshawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are comp
sveticcg [70]

The correct answer is He should complete the repairs and sell the boat for $900

Deshawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are complete. Deshawn discovers that, in addition to the $600 he has already spent, he needs to make an additional repair, which will cost another $400, in order to make the boat worth $900 to potential buyers. He should complete the repairs and sell the boat for $900.

3 0
3 years ago
Attempting to develop recognition and approval of a brand over time, direct response advertising relies on imagery and message t
GarryVolchara [31]

Answer:

The correct answer is False.

Explanation:

Direct response advertising, and as the name implies, tries to promote a certain action, through an invitation or order. An advantage of this type of advertising is that the feedback can be measured in a short period of time. According to the Marketing Dictionary, this term influences and attracts customers towards a particular product and service based on a message that indicates an action.

The messages try to highlight the importance of the consumer taking an action at a certain time.

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3 years ago
When denying a claim, what approach should you not use? Check all that apply. "
xeze [42]

Answer:

The correct answer is letter "A" and "D": "You" statements that sound preachy; Accusations that imply the customer is dishonest.

Explanation:

Denial letters are very sensitive communications that must be structured to make the customers understand why the claim is being denied. The letter must be direct and objective in all moments to make that understanding easier. Ambiguous or preachy phrases or must be avoided. If applies and necessary, we could let the customers know they were at fault with the facts that lead to that conclusion but not subliminally implying they were dishonest.

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3 years ago
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