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3 years ago

List three impulse convenience goods that you or someone you know has purchased.

Business

2 answers:

olganol [36]3 years ago

7 0

Gold fish, ice cream, sushi

ivann1987 [24]3 years ago

5 0

Make up food and clothes

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A company had the following purchases and sales during its first year of operations: Purchases Sales January: 10 units at $120 6

Vesna [10]

Answer:

$3540.

Explanation:

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

Ending inventory comprises of goods bought in May, September and November

cost of the ending inventory :

(4 x $130) + (12 x $135) + (10 x$140) = $3540

6 0

3 years ago

Eric's textbook costs $90, and he can resell it in one year's time for $45. if the annual interest rate is 10%, then the present

Archy [21]

$41 Given a discount rate, the present value (PV) of money you expect to receive in the future (FV) at a specified interest rate (R) for a specified number of periods (N) is PV = FV/(1+R)^N So let's plug in the known values and solve. PV = 45/(1+0.10)^1 PV = 45/(1.10)^1 PV = 45/1.10 PV = 40.90909091 Rounding to the nearest dollar gives $41

7 0

3 years ago

James, Keller, and Rivers have the following capital balances; $48,000, $70,000 and $90,000 respectively. Because of a cash shor

Vilka [71]

Answer:

Capital balances of each partners

James Keller River

opening balance $48,000 $70,000 $90,000

Additional Capital 12,000

Salary 13,000 15,000 20,000

Interest on capital 4,400 5,600 7200

Drawings (12,000) (12,000) (12,000)

share of loss (7040) (10560) (17600)

closing balance 58,360 68,040 87,600

Explanation:

1. Interest on capital is based on weighted average capital balance without regard to normal drawings

James =( 8% * 48,000) + ( 8%* 12,000 * 7/12) = $4,400

on the additional capital invested by James, interest on capital will be calculated for 7months

Keller = 8% * 70,000 = $5,600

River = 8% * 90,000 = 7200

Appropriation

Net income $30,000

Interest on capital(4400 + 5600+7200) 17,200

salary (13,000+15000+20000) 48,000 (65,200)

share of loss : James 7,040

keller 10,560

River 17600 35,200

7 0

3 years ago

The first phase of networking, in which you describe your business, is referred to asA. exchange of information.

Fed [463]

The first phase of networking, in which you describe your business, is referred to as A.) EXCHANGE OF INFORMATION.

Exchange of information include information about the company, product, and its key goals, as well as, information regarding the potential networker.

Describing your business to potential networkers does not guarantee that they will automatically join the business, they need to think things over and after a few days, you need to do a follow-up.

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3 years ago

Read 2 more answers

A Third World country can be described as a(n) __________ country.

masya89 [10]

Answer: undeveloped country

Explanation:

6 0

3 years ago