1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergey [27]
3 years ago
7

uses a periodic inventory system. The company has a beginning inventory of 350 units at $6 each on January 1. Hentertainment pur

chases 600 units at $5 each in February and 250 units at $7 each in March. There were no additional purchases or sales during the remainder of the year. Hentertainment sells 400 units during the quarter. If Hentertainment uses the LIFO method, what is its cost of goods sold
Business
1 answer:
postnew [5]3 years ago
4 0

quipllAmredneck

kvtvfb to k

You might be interested in
Please use the labels to correctly order all aspects of the National Saving and Investment Identity.
Harman [31]

Answer:

Private Savings + (Imports – Exports) = Investment + (Government Spending – Tax)

Explanation:

This relationship expressed in the equation above is a macro economy equation which is correct and implies that the quantity supplied of financial capital is equal to the quantity demanded of financial capital.

Supply of financial capital is represented by "Private Savings + (Imports – Exports)", while the demand for financial capital is represented by "Investment + (Government Spending – Tax)".

I wish you the best.

4 0
3 years ago
Job descriptions are a key prerequisite for any performance management system because
Dmitry [639]
Job descriptions are a key prerequisite for any performance management system because they provide the criteria that will be used in measuring<span>performance.
These job descriptions will give you all information you need to see how your performance is going to be measured. So it is important to include them to make things easier for you, so that you can know whether or not to apply for that particular position.
</span>
7 0
3 years ago
Romney's Marketing Company has the following adjusted trial balance at the end of the current year. No dividends were declared.
DerKrebs [107]

Answer:

Net income = $3,560

Explanation:

                                       Romney's Marketing Company

                                        Multi-step income statement

                               For the Year ended December 31 20YY

Sales revenues 37,250

Less: Cost of goods sold = 0

Gross profit                                                          = 37,250

Less: Operating expense:

Wages expense                                 = $19,000

Depreciation expense                       = $1,750

Utilities expense                                = $320

Insurance expense                            = $780

Rent expense                                     = $9,800

Total operating expense                   = ($31,650)

Add: operating income:

Rent revenue                                      =  $560

Total operating income                                         = $6,160

Other operating income

Interest revenue                                                    = 160

Net income before taxes                                      = $6,320

Income tax expense                                              = $2,760

Net income                                                             = $3,560

4 0
3 years ago
A central bank buys treasury securities at market rates in order to:
Ber [7]

Answer:

C increase the money supply in the economy

Explanation:

apex

3 0
3 years ago
Akira's uncle is about to open a car dealership. His property can accommodate a total inventory of 264 vehicles. The auto manufa
sesenic [268]

well, he has room for a total of 264 vehicles, he needs to have "five times as many cars as trucks", namely the cars : trucks ratio must be 5 to 1 or 5:1.

well, to change the total value to a ratio, we simply divide the total amount by the sum of the ratios, namely 264 ÷ (5+1), and distribute accordingly.

\bf \cfrac{cars}{trucks}\qquad 5:1\qquad \cfrac{5}{1}\qquad \qquad \cfrac{5\cdot \frac{264}{5+1}}{1\cdot \frac{264}{5+1}}\implies \cfrac{5\cdot 44}{1\cdot 44}\implies \cfrac{\stackrel{cars}{220}}{\underset{trucks}{44}}

4 0
3 years ago
Other questions:
  • Some companies want to get their products into as many outlets as possible, understanding that the more exposure a product gets,
    7·2 answers
  • Ben owns a lawn care business. from experience, ben has found that john deere equipment lasts almost twice as long as competitor
    12·1 answer
  • Consider a two-period endowment economy populated by identical house- holds with preferences defined over consumption in period
    7·1 answer
  • If a person attempts to read their email while they are riding the bus they are
    10·2 answers
  • Signal mistakenly produced 1,000 defective cell phones. The phones cost $65 each to produce. A salvage company will buy the defe
    13·1 answer
  • Colicchio Corporation acquired two inventory items at a lump-sum cost of $60,000. The acquisition included 3,000 units of knife
    11·2 answers
  • Regional Economic Integration Threats (textbook) In a way, price differentials in the same economic integration would decline in
    5·1 answer
  • Dell Computers wants to reach all potential users of their products, both industrial buyers and final consumers. They would most
    8·1 answer
  • Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 75,000 $1 par c
    15·1 answer
  • during the second stage of the ethical decision-making process, managers must determine whether a proposed decision would violat
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!