The three main sources of international law include all of the following but

Gibson company began august with 200 units of product br having a unit cost of $8 in inventory. relevant information is listed a

In-s [12.5K]

ANSWER: To calculate the gross profit for the month of August, Gibson will have to find out the sales in his company. Gibson had a opening stock of 200 units of products valuing $8 per unit. The total value of the stock available at the opening of the month is $8 x 200 units = $1,600. If he uses the average cost method to calculate the inventory cost, he will need the opening stock and the production done in the month of August. This will give him the figure which will show his entire stock which were available for sale in the month.

Let's assume the entire stock produced in the month of August to be 'x', so the total stock available for sale was '$1,600+x'. This amount needs to be subtracted by the closing stock of the month to get the actual value of sales that has happened during the month of August. So, dividing the actual value of sales by the production cost of the sold number of units will give Gibson the gross profit for the month of August.

7 0

3 years ago

In the ______ quadrant of the core competence--market matrix, the focus is on leveraging current core competencies to improve cu

son4ous [18]

The place in the quadrant where there is the focus is on leveraging current core competencies to improve current market position is known as:

existing competence--existing market

<h3>What is a Market?</h3>

This is a place where buying and selling of goods or services takes place and a currency of value is exchanged.

With this in mind, we can see that in the existing competence--existing market, there is a focus is on leveraging current core competencies to improve current market position.

Read more about markets here:
brainly.com/question/26098648

3 0

2 years ago

In which part of a résumé would you mention the names and contact details of your previous employers? In your résumé, you need t

Sergeeva-Olga [200]

It should be under Employment History

7 0

3 years ago

Read 2 more answers

Rosa works at a gelato shop and observes that the number of people buying gelato varies greatly from day to day. for a couple of

rosijanka [135]

<span>I think the the purchase of Gelato depends a lot on the temperature. A lot of people just want to have something cold, when it is hot outside, for example: Icecream, a cold drink. Although, i don't think it is only related to temperature. Temperature plays a big part in it, but some people might just want ice cream for example on a cold day. lets say there is a girl that just got dumped by her boyfriend, the clichĂ© is that this girl will eat her hurt feeling away with ice cream, no matter what the temperature is. i myself like to enjoy gelato also in winter. I do have to state though, that it is LESS than in summer, but the craving is still there.</span>

7 0

3 years ago

Custom Cars purchased some $39,000 of fixed assets two years ago that are classified as 5-year MACRS property. The MACRS rates a

Irina18 [472]

Answer:

$18,904.80

Explanation:

Calculation for what will be the aftertax cash flow from the sales

First step is to calculate the Accumulated Depreciation

Accumulated Depreciation = (0.2 + 0.32)*39,000 Accumulated Depreciation= 0.52*39,000

Accumulated Depreciation = $20,280

Second Step is to calculate the Book Value using this formula

Book Value = Initial Cost –Accumulated Depreciation

Let plug in the formula

Book Value = $39,000 - $20,280

Book Value = $18,720

Third step is to calculate the profit using this formula

Profit = Sales value–Book Value

Profit= $19,000 - $18,720

Profit = $280

Fourth Step is to calculate the taxes

Taxes = 0.34*280

Taxes = $95.20

Last step is to calculate the aftertax cash flow from the sale using this formula

Aftertax cash flow from the sale=Assets sold today-Taxes

Let plug in the formula

Aftertax cash flow from the sale= 19,000 - $58.80

Aftertax cash flow from the sale= $18,904.80

Therefore the Aftertax cash flow from the sale will be $18,904.80

3 0

3 years ago