subject
Business, 09.10.2019 19:30 breroyalee2584

Arkette, inc., acquired a 60 percent interest in skybox company several years ago. during 2017, skybox sold inventory costing $258,750 to parkette for $345,000. a total of 20 percent of this inventory was not sold to outsiders until 2018. during 2018, skybox sold inventory costing $122,000 to parkette for $152,500. a total of 35 percent of this inventory was not sold to outsiders until 2019. in 2018, parkette reported cost of goods sold of $557,500 while skybox reported $370,000. what is the consolidated cost of goods sold in 2018?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 12:30
(blank) is the type of competition that occurs in a competitive market without identical producers.
Answers: 1
question
Business, 22.06.2019 08:30
Blank is the internal operation that arranges information resources to support business performance and outcomes
Answers: 2
question
Business, 22.06.2019 17:30
Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery.can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.
Answers: 2
question
Business, 22.06.2019 17:30
Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Answers: 2
You know the right answer?
Arkette, inc., acquired a 60 percent interest in skybox company several years ago. during 2017, skyb...
Questions
question
Arts, 25.11.2020 02:30
question
Mathematics, 25.11.2020 02:30
question
Health, 25.11.2020 02:30
question
Mathematics, 25.11.2020 02:30