subject
Business, 07.04.2020 21:43 Zagorodniypolina5

Sheridan Industries had the following inventory transactions occur during 2020: Units Cost/unit 2/1/20 Purchase 52 $47 3/14/20 Purchase 90 $50 5/1/20 Purchase 70 $52 The company sold 157 units at $70 each and has a tax rate of 20%. Assuming that a periodic inventory system is used, what is the company’s gross profit using LIFO? (rounded to whole dollars)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:30
What is the connection between digital transformation and customer experience
Answers: 2
question
Business, 22.06.2019 01:00
Need with my trade theory homework. i doubt what i wrote was right.consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?
Answers: 1
question
Business, 22.06.2019 06:30
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
question
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
You know the right answer?
Sheridan Industries had the following inventory transactions occur during 2020: Units Cost/unit 2/1/...
Questions
question
Chemistry, 16.07.2021 01:00
question
Mathematics, 16.07.2021 01:00
question
English, 16.07.2021 01:00