Answer:
$1,470,000
Explanation:
As we know that
Cost of goods sold = Opening inventory + Purchase - ending inventory
where,
Opening inventory would be
= $495,000 - $170,000
= $325,000
So, the purchase would be
$1,300,000 = $325,000 + Purchase - $495,000
$1,300,000 = -$170,000 + Purchase
So, the purchase would be
= $1,300,000 + $170,000
= $1,470,000
This is the answer but the same is not provided in the given options
Investors at Penny's candies have low expectations from the company since it has a very low P/E ratio. Either the company is not performing well or investors have discounted some bad news in future cash flows.
Whereas Donna's confections has a P/E of 6.7 which is much better than that of Penny's. So here the company is performing well and investors are positive on future good news and they expect the cash flows to improve and hence the stock rules at a higher P/E ratio
Answer:
Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans?
the discount rate is the interest rate that the Federal Reserve System charges banks for the loans it makes. The overnight rate or the federal funds rate is even lower, but it lasts a few hours only.
Select the charge the Fed levies on banks borrowing funds that would result in the smallest increase in the money supply.
- two percentage points above the private level
the higher the interest rate, the lower the increase in the money supply.
Answer:
Millions of software programs have been created and have helped to improve the economy. This is an
example of___new technology___.
Answer:
Legal responsibility
Explanation:
Since there have been regulations put in place by the government, it is thereforre a legally binding agreement between XYZ company and any other companies that does same as XYZ company.
The failure of XYZ company to honour the set regulations is a breach in its legal responsibilty alongside its corporate social responsibilty as well and it can be taken up by the government by either charging the XYZ company to court or revoking their operating license.
Cheers.
