Answer:
Ending inventory= $119,000
Explanation:
Giving the following information:
Sales (net) $1,450,000
Estimated gross profit rate of 42%
Beginning merchandise inventory $100,000
Purchases (net) 860,000
Merchandise available for sale $960,000
Cost of goods sold= 1,450,000*0.58= 841,000
Ending inventory= 960,000 - 841,000= 119,000
<span>Higher taxes will provide to the growing number of senior citizens. There are much more elderly citizens now than there were 50 years ago with the baby boomers aging into their golden years. In order to provide services for these individuals, taxes could likely increase to cover the increasing costs.</span>
Direct channel is typically used between a supplier and manufacturer of industrial products.
A supplier is a person, company, or entity that provides products or services to another entity. For example, a laptop manufacturer or a company that sells her PCBA to his OEM is an example of a supplier.
Supply In his chain, a provider or seller is a company that provides goods or services. Generally, supply chain providers manufacture inventory/stock items and sell them to the next link in the chain. Today, these terms refer to providers of goods or services.
In business, a supplier is a person or entity that sells quality services and goods at a reasonable cost from manufacturers to retailers or distributors.
Learn more about supplier here:brainly.com/question/26500183
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