Determine which of the following statements are correct regarding damaged or obsolete goods. (check all that apply.)
damaged or obsolete goods are not counted in inventory if they cannot be sold.
if these can be sold… cost should be reduced to net realizable value
"selling price of inventory minus cost to sell"
Answers: 1
Business, 21.06.2019 16:10
Belstone, inc. is a merchandiser of stone ornaments. it sold 15,000 units during the year. the company has provided the following information: sales revenue $ 520,000 purchases (excluding freight in) 338,500 selling and administrative expenses 32,000 freight in 15,000 beginning merchandise inventory 43,000 ending merchandise inventory 58,500 how much is the gross profit for the year?
Answers: 3
Business, 21.06.2019 23:00
What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000
Answers: 2
Business, 22.06.2019 07:30
1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?
Answers: 1
Business, 22.06.2019 10:20
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
Answers: 3
Determine which of the following statements are correct regarding damaged or obsolete goods. (check...
History, 18.08.2019 21:00
Geography, 18.08.2019 21:00
History, 18.08.2019 21:00
English, 18.08.2019 21:00
Mathematics, 18.08.2019 21:00
English, 18.08.2019 21:00
Mathematics, 18.08.2019 21:00
History, 18.08.2019 21:00
Social Studies, 18.08.2019 21:00
Mathematics, 18.08.2019 21:00
Mathematics, 18.08.2019 21:00
Computers and Technology, 18.08.2019 21:00
Mathematics, 18.08.2019 21:00