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2 years ago

Which type of selling method sells the oldest inventory first?

Business

1 answer:

victus00 [196]2 years ago

4 0

Answer:

A.First In First Out (FIFO

Explanation:

FIFO, which is first in, first out, is an inventory management technique that seeks to sell the inventory that came to the stores first. In other words, the old inventory is sold first.

As the name suggests, businesses that practice FIFO clear the initial inventory before embarking on new stocks.

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When needing to complete a currency exchange you should a _____

vampirchik [111]

I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. When needing to complete a currency exchange you should contact a financial institution like a bank, check online exchange rates and go to a currency exchange store. I hope that the answer has come to your help.

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3 years ago

You have been pricing an MP3 player in several stores. Three stores have the identical price of $300. Each store charges 24 perc

Valentin [98]

Answer:

a. $5

b. $4

c. $6

Explanation:

a. store A?

Beginning balance = $300

Ending balance = $300 - $100 = $200

Average balance = ($300 + $200) ÷ 2 = $250

Monthly APR = 24% ÷ 12 = 2%

June finance charge = Average balance × Monthly APR = $250 × 2% = $5

b. store B

June finance charge = (Beginning balance - Payments) × Monthly APR = ($300 - $100) × 2% = $4

c. store C?

June finance charge = Beginning balance × Monthly APR = $300 × 2% = $6

8 0

3 years ago

Select an e-commerce company. Visit its website or mobile app and describe its business model based on the information you find

qwelly [4]

Explanation:

The e-commerce site visited was from Adidas, one of the largest sporting goods companies in the world. The value proposition that the company offers to the client is the creation of a marketing focused on the young and modern public, which can be seen on its website, where young models with a cool look use the brand's sneakers and clothing, always with a lot of youthful color and personality. The brand also creates value using influential marketing, sponsoring major celebrities and sports around the world, being a very strong brand and recognized for its values. The company has comparative advantages with competing companies in the sports segment, due to the fact that Adidas seeks a new look and refinement for its products, which can be seen in its collections where there are partnerships with several famous designers and personalities.

There is information about the company at the bottom of the page, which reveals about its multifaceted, simple and fast organizational structure, as written on the website, which reinforces the company's global values.

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2 years ago

According to the video, what are some common issues treated by Marriage and Family Therapists? Check all that apply.

ira [324]

Answer:

mental and emotional disorders, health and behavioral problems, relationship issues

Explanation:

3 0

3 years ago

Read 2 more answers

Activity-Based Costing: Selling and Administrative Expenses

lutik1710 [3]

Answer:

a) Total Sales order $60,000 and total Shipping is $28,000

b) Per unit sales order processing cost = $2.18 and shipping activity cost per walking shoe = $1.02

Explanation:

The question is divided into two parts

Part 1 ) Determine the Total Activity Cost as follows

Activity Order Rate Total (Order x rate)

Sales Order Processing 5000 orders $12/order $60,000

Shipping 1400 shipments $20/shipmt $28,000

Total $88,000

Part 2)

a) Per-unit sales order processing cost

What is the sales order activity cost $60,000 and the number of walking shoes =27,500

Therefore Per unit cost = $60,000 / 27,500 = $2.18 per unit

b) Shipping activity cost per walking shoes

Shipping cost = $28,000 and the number of shoes 27,500

Per Unit Cost of shipping = $28,000/27,500 = $1.02 per unit

The total Activity cost therefore is $2.18 + $1.02 = $3.20

3 0

3 years ago