1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nadusha1986 [10]
2 years ago
13

Cost of goods sold is determined only at the end of the accounting period in.

Business
1 answer:
sladkih [1.3K]2 years ago
7 0
<h3>Answer:</h3>

Under the periodic inventory system.

What is periodic inventory system?

Under the periodic inventory system, the cost of goods sold determined at the end of an accounting period by adding the net cost of goods purchased to the beginning inventory and subtracting the ending inventory.

You might be interested in
Cuba is a command economy that suffered a decline in economic growth because of a cut in the aid provided by the former Soviet U
katen-ka-za [31]

Answer:

Experience an inward shift of its production possiblity curve.

Explanation:

Production possiblity curve is a graphical representation of the maximum number of products that a company can produce, if it produce only two product using all the resources efficiently. The maximum production possiblity of one product is shown on one side graph and another product on other side to compare which product can be produced to reduce cost and wastage while maximizing the profit. This also help the management to know the effecient use of resources or factor of production; Land, labour, capital and entrepreneurship. Therefore, lack of resources to Cuba have lead it´s economy to decline.

4 0
3 years ago
Nervous Norman holds 70% of his assets in cash, earning 0%, and 30% of his assets in an insured savings account, earning 2%. The
elena-14-01-66 [18.8K]

Answer: 0.6%

Explanation:

The expected return is a weighted average of the returns of the assets invested in.

70% is invested in cash which earns 0%

30% is in a savings account earning 2%

Expected return = (70% * 0%) + (30% * 2%)

= 0% + 0.6%

= 0.6%

6 0
3 years ago
Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe
My name is Ann [436]

Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there​ aren't any jobs available. You would be counted as<u>  </u> <u>discouraged worke</u>r

Explanation:

<u>Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there​ aren't any jobs available. You would be counted as</u>

A <u>discouraged worke</u>r is an individual who has given up looking for employment even though they are perfectly eligible to take up a job but to the repeated failure in finding a job  they have then ceased their search for finding an employment.

Discouraged workers have stopped looking for employment opportunities because they feel that their is no job that suits their qualifications

Since they have stopped searching they are not included in the labor force hence when we see the statistics for unemployment these people are not included there also .So they are called <u>Discouraged Workers</u>

<u> The correct formula for calculating the unemployment​ rate</u>

<u>(</u>

<u> D) Neither formula is used to calculate the unemployment rate</u>

The formula for Unemployment rate is

==> U=Unemployed People/Labor force*100

<u></u>

7 0
3 years ago
A poll asked adults in a certain country whether immigration was a good thing or a bad thing for the country. out of 10871087 ​r
Lubov Fominskaja [6]
A

395395/10871087 x 100%= 3.64% of people said it was a good thing
7 0
2 years ago
The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an examp
FinnZ [79.3K]

Claims that drop-out rate has increased because more women have taken jobs in the workplace is an example of false cause fallacy.

A false cause fallacy is said to occur in a statement because the link between the premises and conclusion does not even exist.

Here, phrase one is "high school drop-out rate has increased" and phrase two is <em>"because </em><em>more women </em><em>have </em><em>taken jobs </em><em>in the workplace"</em>

<em />

If we assess the two phrase, we will observe that their is no link between the statement to facilitate a valid conclusion because when woman taking jobs in workplaces can not result to increase in drop rate in high school.

Therefore, it is an example of false cause fallacy.

Read more about this here

<em>brainly.com/question/6987057</em>

3 0
2 years ago
Other questions:
  • If in some year real gdp was $5 trillion and the gdp deflator was 200, what was nominal gdp?
    6·1 answer
  • Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investin
    13·1 answer
  • The lowest point on a purely competitive firm's short-run supply curve corresponds to __________. a. the minimum point on its AT
    13·1 answer
  • A system of rule in which the government recognizes no formal limit but may nevertheless be restrained by the power of other soc
    6·1 answer
  • On November 23, Elder Lift Corporation, a wholesaler of hydraulic lifts, acquired land in ex- change for 12,500 shares of $25 pa
    13·1 answer
  • Sheila and Jim live in an island where they are the only two workers. Sheila can either catch 10 fish or gather 40 pounds of ber
    7·1 answer
  • When a company issues 25,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would in
    15·1 answer
  • Technology helps business professionals, keep more organized, communicate better, and effectively keeps businesses secure. Techn
    10·1 answer
  • Any guys wanna join a pad <br> let
    13·2 answers
  • Why does the growth of international trade lead to a rising global standard of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!