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AlexFokin [52]
2 years ago
11

The following data apply to keefin booni company (million of dollars)

Business
1 answer:
777dan777 [17]2 years ago
4 0
The correct answer is BOE *]
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A company purchased merchandise to be resold at increasing costs during the year 2019. The purchases were made at the following
Marianna [84]

Answer:

7. $41,000

Explanation:

7. The company has $40,000 of inventory on December, it further purchased $36,000 of inventory in January. The sales in January amounted to $50,000 out of which 30% is gross profit. The cost of goods sold will be $35,000. The inventory that is destroyed by fire $41,000 ($40,000 + $36,000 - $35,000 ).

7 0
3 years ago
The entity that promises to make the interest and maturity payments for a bond issue is called the:.
vichka [17]

The entity that pledges to make the interest and maturity payment for bond issues is called the <u>issuer.</u>

<u></u>

<h3>Who is a Bond issuer?</h3>

A bond is a completely fixed instrument that reflects an investor's debt to a borrower.

Bonds terms and conditions include the end date when the capital of the loan is scheduled to be paid to the bond owner with a fixed or variable interest payment.

Bond Issuers are businesses or entities that generate and take loans from people who buy bonds in exchange for periodic interest and repayment of the principal amount when the bonds mature.

Learn more about who is a Bond issuer here:

brainly.com/question/25525397

5 0
2 years ago
Your manager, Felix Young, wants to know why your estimate of the time it will take to get an MRP system up and running is so lo
Svet_ta [14]

Answer: MRP is a term used in data warehousing to refer to a system that is used to process the day-to-day transactions of an organization. These systems are designed in a manner that processing of day-to-day transactions is performed efficiently and the integrity of the transactional data is preserved.

Explanation: Based on the findings from Young it showed that his management runs an inefficient system that has no accountability and modes of operation  in bench marking staff operations on a daily and monthly basis. 2. Records for business transactions should be automated to cushion fraudulent practice from staff or management.

3 0
3 years ago
Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $34,000 (
MrRissso [65]

Answer:

1. $51,000

2.$11,000 Gain

Explanation:

(1) Calculation to determine At what amount will Calaveras value the pickup trucks

Using this formula

Trucks value =Fair value + Cash paid

Let plug in the formula

Trucks value=$45,000+$6,000

Trucks value=$51,000

Therefore Calaveras value the pickup trucks at $51,000

(2) Calculation to determine How much gain or loss will the company recognize on the exchange

Using this formula

Gain or loss on exchange =Fair value - Book value

Let plug in the formula

Gain or loss on exchange=$45,000-$34,000

Gain or loss on exchange=$11,000 Gain

Therefore the company will $11,000 GAIN recognize on the exchange

6 0
2 years ago
The assumption that is necessary for a linear programming model to be appropriate and that ensures that the value of the objecti
Elan Coil [88]

Answer:

A. Additivity

Explanation:

Additivity simply means that the values of an objective function and total resources used can be found by adding all the contributions made by the objective functions and the decision variables of all resources used. That is, it assumes that the overall of an objective function is found by adding the contribution of each objective function to the overall. In additivity, interaction between variables doesnt exist.

5 0
3 years ago
Read 2 more answers
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