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Amiraneli [1.4K]
3 years ago
14

Each of the following is an example of a fixed expense EXCEPT:

Business
1 answer:
KiRa [710]3 years ago
3 0

Answer:

gasoline is the correct answer.

Explanation:

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Gentry Inc. purchased 90% of Gaspard Farms on January 5, 2019. During 2019, Gentry sold Gaspard Farms for $650,000 goods which h
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Answer:

$5572500

Explanation:

consolidated cost of goods sold for 2020 would be:

consolidated cost of goods sold = ( total of goods sold by bought company ) - ( intra-entity transfer ) + ( ending unrealized gross profit ) - ( beginning unrealized gross profit )

= ( 5400000 + 1200000 ) - ( 1000000 )+(1000000*20%)*20% - {(650000*15%)*(450000/650000)}

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= $5572500

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3 years ago
Sourcing goods and services from different locations around the globe in an attempt to take advantage of national differences in
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Answer:

b. Production

Explanation:

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Thus globalization of production has enabled <em>firms</em> to take advantage of national differences in the cost and quality of factors of production.

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John desires the best things in life – a fast car, designer clothes, and membership in exclusive clubs. but rather than work his
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The appropriate response is an innovator. It is a man which is the first to attempt new thoughts, procedures, products and ventures. Albeit minimum various the individuals from this boldest gathering are urbane, have cash and advanced education, are pulled in to change and new encounters, and utilize different data hotspots for settling on a buying choice. Pioneers are trailed by early adopters, early greater part, late larger part, and loafers, in a specific order.
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All of the following are the names of the three major credit bureaus EXCEPT
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D. Chex systems
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In year 2, Rossman Corp, changed its inventory method from FIFO to the weighted average method. The change resulted in a decreas
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Answer:

True

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The reason is that the opening inventory value of year 2 is the closing amount of the year 1. Its similar to the closing cash amount left in till at the end of year 1 is the opening amount at the year 2. So the opening inventory of year 2 is closing inventory of year 1. This means the closing inventory of year 1 has decreased by $10,000.

As we know that:

Cost of goods sold = Op. Inventory + Purchases - Cl. Inventory

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Earning per share = Profit after tax (Decreased) / Number of share (Same)

As the profit has decreased the earning per share will also decrease.

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3 years ago
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