Answer:
$9,000
Explanation:
The formula to compute the inventory turnover ratio is shown below:
Inventory turnover ratio = Cost of goods sold ÷ average inventory
where,
Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2
= ($2,000 + $1,000) ÷ 2
= $1,500
So, the cost of goods sold is
6 times = Cost of goods sold ÷ $1,500
So, the cost of goods sold is $9,000
Answer:
The ending debit balance in the Cash account is $25,000
Explanation:
The amount of cash Travis received in the month=Cash sales for the month=$12,000
The amount of cash Travis paid in the month = Cash paid for current-period purchases + Cash paid for amounts due from last month = $5,000 + $6,000 = $11,000
The ending Cash account balance = The beginning cash balance + Cash received in the month - Cash paid in the month = $24,000 + $12,000 - $11,000 = $25,000
The ending debit balance in the Cash account is $25,000
As the existing customer of the company is concern, the list of individual of the database can be incentivized either by sales discount or gift during their next purchase of generator in the company.
<h3>What is Promotion in marketing?</h3>
In marketing, a promotion refers to an form of communication, contact or action aimed at influencing people to buy more of their products or services.
In conclusion, as the existing customer of the company is concern, the list of individual of the database can be incentivized either by discount or gift on their next purpose of generator in the company.
Read more about sales promotion
<em>brainly.com/question/1312782</em>
Answer:
A. True
Explanation:
In the case when the payment is arise or occur either at the starting of the period or at the closing of the period, so the time line could be constructed for the annuities purpose
Therefore the given statement is true
That means the given statement cannot be false
Hence, the correct option is a.