subject
Business, 26.05.2021 18:30 cici170

Concord Corporation reported the following information for 2016: OctoberNovemberDecember Budgeted sales$430000$400000$510000 Budgeted purchases$210000$226000$258000 Cost of goods sold is 35% of sales. Concord purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month. Accounts payable is used only for inventory acquisitions. How much is the budgeted balance for Accounts Payable at October 31, 2016? $84000 $126000 $216000 $90400

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:30
Which of these is not a result of regular exercise
Answers: 1
question
Business, 22.06.2019 10:30
When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?
Answers: 2
question
Business, 22.06.2019 13:40
Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.
Answers: 2
question
Business, 22.06.2019 14:20
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
You know the right answer?
Concord Corporation reported the following information for 2016: OctoberNovemberDecember Budgeted sa...
Questions
question
Mathematics, 09.04.2020 22:56
question
Mathematics, 09.04.2020 22:56
question
Mathematics, 09.04.2020 22:56
question
Mathematics, 09.04.2020 22:56