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Novosadov [1.4K]
3 years ago
7

Crane Corporation's computation of cost of goods sold is:

Business
1 answer:
slava [35]3 years ago
5 0

Answer:

16.64 days

Explanation:

Given the above information, we will calculate the average days to sell inventories with the formula below;

Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100

Ending inventory = $72,000

Cost of goods sold = $432,800

Then, Average days to sell inventories

= [$72,000 / $432,800] × 100

= 16.64 days

Therefore, the average days to sell inventory for Fry are 16.64 days

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A popular manuscript format during the gothic period was the __________, which paired selected scriptural passages with interpre
Semenov [28]
A popular manuscript format during the Gothic period was the <u>Moralized Bible</u>, <span>which paired selected scriptural passages with interpretations, using pictures and words to convey the message.
Its original name is </span><span>Bible moralisée, also known as biblia pauperum (Paupers' Bible), which is a type of a Bible with illustrations for the majority of poor people who couldn't read at the time. The Church still wanted to educate even the poor about the events of the Bible, but given that they couldn't read, they introduced pictures to help them out.</span>
8 0
3 years ago
The supply and demand curves show data for trendy smartphone covers. How would the graph change if the producer hired a popular
yaroslaw [1]

Answer: The correct answer is option B; Add D2 to the right of D, showing an increase in demand and increase in equilibrium price.

Explanation: The demand for a commodity is usually affected either positively or negatively by some factors or determinants. Foremost among the factors of demand is price of the commodity. Other factors include;

(a) Price of substitute commodities

(b) Consumers preferences

(c) Population

(d) Weather conditions

(e) Advertising

In the question above, the use of a popular actor as the spokesperson of the product is a form of advertising that is intended to improve upon the perception of the commodity and hence encourage consumers to buy more of it. If the popular personality endorses a product, there is an almost one hundred percent likelihood that consumers would see the product as a preferred choice and this would cause the demand to go up or increase.

An increase in the market demand would be signified by the outward shift of the demand curve to the right from D to D2. Since the x-axis shows the quantity demanded increasing towards the right hand side, then an increase in market demand would be reflected by a shift of the demand curve to the right.

As a result of that, the price would now move from P to P2 which shows an increase in equilibrium price. Also the quantity demanded would move from Q to Q2 which also indicates an increase in demand.

6 0
2 years ago
Marta’s Online Store Sells Accessories For A Widely Used Smartphone, And Her Current Customer Base Shares A Number Of Relevant C
Rashid [163]

Answer:

3- Device Types

4- Location

Explanation:

These 2 settings can help Marta in targeting the specific audience she wants to.

  1. Location Settings allows your campaign to reach the location of your choice, where Marta feels that the most relevant audience belongs.  For example, if she feels that her customers mainly belong to Houston, so she could specify her campaign to Houston to save money instead of running the campaign in every part of the country.
  2. Device Type, specifying this category would allow limiting her audience to only specific people who are active on cellphones as mostly that's her customer base.
8 0
3 years ago
Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price $ 189,000 R
guajiro [1.7K]

Answer:

$213,400 and zero

Explanation:

The computation is shown below:

Cost of the land would be

= Purchase price +  Real estate commissions + Legal fees + Expenses of clearing the land + Expenses to remove old building

= $189,000 + $16,400 + $2,200 + $3,400 + $2,400

= $213,400

Since the property is purchase for building site construction so no cost would be recorded in the cost of the new building

4 0
3 years ago
The CEO of a large company asks the sales manager to report the sales figures of the previous quarter. The manager immediately s
cluponka [151]

Answer:

More than what is required.

Explanation:

When the CEO asked for the sales figures, she would have wanted just the monetary value of the sales made in that period. Instead the sales manager sent the list of products sent in the previous period. This will include detailed breakdown of the number of each product sold along with the amounts at which they were sold.

In this case the sales manager sent more information than was requested by the CEO.

6 0
3 years ago
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