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serious [3.7K]
2 years ago
14

Help needed ASAP! Will give brainliest;) Try to help on my other questions:)

Business
1 answer:
stepladder [879]2 years ago
8 0
The answer to your question Is b.
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The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a
katrin [286]

Answer:

decrease in the day's sales inventory

Explanation:

Corner Hardware has succeeded in increasing the number of goods it sells while holding the amount of inventory on hand, cost per unit, and the selling price per unit at a constant level.

This situation will be reflected in the firm's financial ratios in the form of a decrease in the day's sales inventory.

5 0
2 years ago
can you help me make a timeline, of becoming a wildlife biologist here's the first two but i need a few more timelines to when I
Reptile [31]

Answer:take the arrow and put it on the end and then start going back

Explanation:

this is the thing

6 0
3 years ago
An example of frictional unemployment is a(n):_______.
zlopas [31]

Answer:

The correct answer is letter "D": computer programmer who leaves one job and accepts a new job.

Explanation:

Frictional unemployment is one component of what economists call natural unemployment, which is unemployment caused by things other than an underperforming economy. Frictional unemployment is caused because of temporary changes in jobs. It involves cases such as new employees entering the workforce, people moving to another city and looking for a job or people leaving to seek a better one.

5 0
2 years ago
Compute the Cost of Goods Manufactured and Cost of Goods Sold for
Katen [24]

Answer: The cost of goods manufactured is $214,100, the cost of goods sold $207,100

Explanation:

The question is not complete, I found the missing part of the question online on http:// www.Chegg .com/homework -help, the missing part is as follows

Beginning. Ending

Raw materials inventory. 20,000. 25,000

Work in process inventory. 43,000. 36,000

Finished goods inventory. 17,000. 24,000

Purchases Direct materials. 70,000

Direct Labour. 80,000

Indirect Labour. 42,000

Insurance on plant. 10,000

Depreciation plant building and equipment. 13,400

Repairs and maintenance plant. 3,700

Marketing Expenses. 82,000

General and Administrative Expenses. 27,500

Here is the solution to the question

Clear Bay Company

Manufacturing Trading, Profit and Loss Account

T Account Format

Dr. Cr

$ $

Raw materials

Beginning inventory. 20,000. Total Manufacturing Cost

Add: Purchases of direct materials 70,000. Transferred to trading Account

214,100

---------------

Raw materials Available for use. 90,000

Less: Ending Raw materials inventory 25,000

------------

Cost of Direct materials used. 65,000

Add:Direct Labour. 80,000

-------------

Prime Cost. 145,000

Factory Overhead

Indirect Labour 42,000

Insurance on plant 10,000

Depreciation plant building and Equipment 13,400

Repairs and Maintenance plant 3,700

--------------

69,100

---------------- --------

Total Manufacturing Cost. 214,100. 214,100

----------------- -----------

Finished good

Beginning Finished good inventory 17,000

Add: Manufacturing Cost 214,100

---------------

Cost of goods Available for sale 231,100

Less: Ending Finished good Inventory 24,000

--------------

Cost of good sold. 207,100

Note : Marketing Expenses, General and Administrative Expenses is not an item in the Trading Account. It is an item in the Profit and Loss Account

8 0
3 years ago
Your mutual fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?
BartSMP [9]

Answer:

$197,263.7

Explanation:

The current value can be found by use of the compound interest formula. Since the asset has been losing value at 6 % per year,

the interest rate will be -6%

The formula for compound interest is  FV = PV × (1+r)^n

in this case

FV= current value

PV= $237,500

r= -6% or -0.06%

n= 3 years

Fv= $237, 500 x ( 1 + (-0.06)^3

Fv=$237,500 x (0.94)^3

Fv= $237,500 x 0.830584

Fv= $197,263.7

The current value =$197,263.7

5 0
2 years ago
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