Business, 21.05.2020 02:01 nbaounce1776
Crane uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $401000 ($605000), purchases during the current year at cost (retail) were $2275000 ($3520000), freight-in on these purchases totaled $140000, sales during the current year totaled $3220000, and net markups (markdowns) were $83000 ($119000). What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places, e. g. 0.635 and final answer to 0 decimal places. $581361. $605445. $675021. $869000.
Answers: 3
Business, 21.06.2019 17:40
Anne is comparing savings accounts. one account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. which account will earn more money in interest? the account that earns 1.2 percent compounded yearly the account that earns 1.2 percent compounded monthly
Answers: 2
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 20:20
Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.
Answers: 3
Business, 22.06.2019 21:20
Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.
Answers: 1
Crane uses the conventional retail method to determine its ending inventory at cost. Assume the begi...
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