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Helga [31]
2 years ago
9

Zhang Company reported Cost of goods sold of $855,000, beginning Inventory of $41,200 and ending Inventory of $48,300. The avera

ge Inventory amount is:
Business
1 answer:
brilliants [131]2 years ago
5 0

Answer:

the avergae inventory amount is $44,750

Explanation:

The computation of the average inventory would be

= (Opening inventory + beginning inventory) ÷ 2

= ($41,200 + $48,300) ÷ 2

= $89,500 ÷ 2

= $44,750

hence, the avergae inventory amount is $44,750

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The other values would be ignored

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What type of economy is an economic system in which private businesses can operate freely with minimal state control?Henry lives
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Answer:

Private business freedom : Capitalist or Market Economy. Henry is more likely in Socialist Economy.

Explanation:

Economy type in which private sector has full freedom, un-intervened by government or state control is Capitalist or Market Economy. Profit maximisation motive & high consumer choice, sovereignity such economy's main features.

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3 years ago
If an organizational manual exists, a description of the division of work and the position shown on the organization chart will
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Which is the best answer choice for the question? To be deductible as the cost of special work clothing or uniforms: a. The clot
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a. The clothing must not be suitable for everyday use and must be required as a condition of the job.

Explanation:

For the cost of special work clothes or uniforms to be deductible by the IRS, there must be a number of requirements, it is necessary that work clothes are required as a working condition and that the clothes are used only in the work environment, and not for the employee's personal use.

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Answer:

c. recurring growth and decline in real GDP.

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