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3 years ago

Define ''limited in stock''

Business

1 answer:

zepelin [54]3 years ago

5 0

Answer:

Explanation:

it means that the product wont be around aymore since its limited to retailer?

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Laura's father, Albert, gave Laura a gift of 500 shares of Liba Corporation common stock in 2017. Albert's basis for the Liba st

Vikentia [17]

Answer:

B) $3,000

Explanation:

Since Laura acquired this property (stocks) by gift, her basis for loss will be $3,000 which is equal to the fair market value at the time she received the gift. If she had made a gain with this transaction, her basis for gain would have been the $4,000 of her father's basis.

7 0

3 years ago

Spirit Company made sales of $ 38 comma 000 million during 2018. Cost of goods sold for the year totaled $ 17 comma 100 million.

ddd [48]

Answer:

Inventory TO 9

Gross profit percentage: 55%

Explanation:

Inventory Turnover

$\frac{COGS}{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

COGS 17,100

beginning: 1,800

ending: 2,000

$$$Average Inventory=1,800 + 2,000)/2$

Average Inventory: 1900

$\frac{17,100}{1900} = $Inventory Turnover$

Inventory TO 9

Gross profit percentage:

$\frac{sales-COGS}{sales}$

$\frac{38,000-17,100}{38,000}$

Gross profit percentage: 0.55 = 55%

3 0

3 years ago

Present difficult (acquisition) tasks approximately _________ percent of the time.

SOVA2 [1]

<span>20 percent is the proper rate to give difficult tasks. This allows the student to still be able to master most of the tasks easily, while challenging them at a rate that does not overwhelm them and discourage them from wanting to learn the materials.</span>

4 0

4 years ago

Wildhorse Company increased its investments in marketable securities by $323,370 and paid $1,232,231 for new fixed assets during

patriot [66]

Answer: $‭88,844‬

Explanation:

Financing activities relate to those activities that the company gets into in relation to Equity and debt as these are what finance the operation of the business.

Net Cash from Financing activities = Net inflow - Net Outflow

= New Debt Capital - Repaid debt - Treasury stock purchase

= 913,545 - 773,200 - 51,501

= $‭88,844‬

8 0

3 years ago

A company uses a process cost accounting system. Its Sewing Department's beginning inventory consisted of 50,000 units (1/4 comp

Vesnalui [34]

Answer:

E. 160,000; 167,500

Explanation:

$started \: and \: completed \\ + unfinished \: beginning\\ + ending$

Direct Materials

Started and complete 120,000

We also need to add the ending WIP which count entirely because the materials are added completely.

The beginning WIP has materials added completely already. It required no extra work.

120,000 +40,000 =160,000

Conversion

Started and complete 120,000

ending WIP 40,000 x 1/4 = 10,000

beginning WIP 50,000 X3/4 = 37,500

total 167,500

we add the ending WIP

and the unfinished beginning WIP

it has 1/4 completed so 3/4 are unfinished

4 0

3 years ago