The estimated cost of lost inventory = $4552.1
Explanation:
The cost of lost inventory = inventory,begining+purchases of the period-((1-avg gross profit ratio)(sales for the period-returns for the period))
The cost of lost inventory=$29900+$18900-((1-0.21)($56900-$890))
=$48800-((0.79)(56010))
=$48800-(44247.9)
=$4552.1
The estimated cost of lost inventory is $4552.1
Answer:
b) $5,000
Explanation:
Provided that
Market price to sell the land this year = $80,000
The price of the land next year = $78,000
Renting it out will cost per year = $7,000
So, the economic depreciation would be
= Market price to sell the land this year - The price of the land next year
= $80,000 - $78,000
= $2,000
And, the total return would be
= Renting it out will cost per year - economic depreciation
= $7,000 - $2,000
= $5,000
Worker's Compensation, because the injury occurred by an employee in the course of performing their job.
Answer:
D) net profit before taxes; total assets invested
Explanation:
The formula to compute the return on investment is shown below:
Return on investment = Operating Income ÷ Total assets invested
It shows a relationship between the pre taxes operating income and the total assets investment
It checks that investment which is invested yields high returns or not. If it generates high returns that it will gain to the company else the company will suffered the losses.
