Cherry Sprite was made available as a different taste in canned soft drink by the firm. Examples of external data include these data.
<h3>What is external data?</h3>
- Information that comes from elsewhere in the company and therefore is easily accessible to the general public is referred to as external data. A corporation can improve its grasp of the environment in which it operates by using external data.
- You may learn more about what your competitors are doing by using external data sources. You can also learn how market dynamics, consumer behavior trends, as well as the weather can affect your performance.
- Information, statistics, and trends that businesses learn through their operations are referred to as internal data. Businesses can recognize, take note of, and even discuss sales trends, customer behavior patterns, software usage patterns, operational lessons, and survey data.
To learn more about external data refer to :
brainly.com/question/6867154
#SPJ4
Answer:
7.9%
Explanation:
The rate of return is the ratio of return to the amount invested.
Since the property earns $4,650 per month,
Therefore;
$4,650 × 12 = $55,800
To get the annual rate of return,
= Monthly returns on property/Value of profit×100%
= $55,800/$710,000
=7.9%
Answer:
Closing inventory based on Specific IDENTIFICATION
7 Dec purchase ( 20-16) = 4 * $16 = $64
14 Dec purchase ( 35 -14) = 21*$24 = $504
21 Dec purchase 30*$29 = $870
closing inventory 31 Dec <u>= $1438</u>
Explanation:
The question is incomplete but here is a complete one
Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 30 units for $40 each.
Purchases on December 7 20 units @ $16.00 cost
Purchases on December 14 35 units @ $24.00 cost
Purchases on December 21 30 units @ $29.00 cost
Required:
Monson sells 30 units for $40 each on December 15. Of the units sold, 16 are from the December 7 purchase and 14 are from the December 14 purchase. Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification.
