Business, 06.08.2021 17:30 ohgeezy

As a result of a thorough physical inventory, Coronado Company determined that it had inventory worth $319600 at December 31, 2020. This count did not take into consideration the following facts: Walker Consignment currently has goods worth $48000 on its sales floor that belong to Coronado but are being sold on consignment by Walker. The selling price of these goods is $74400. Coronado purchased $22500 of goods that were shipped on December 27, FOB destination, that will be received by Coronado on January 3. Determine the correct amount of inventory that Coronado should report. A. $367600.
B. $390100.
C. $342100.
D. $319600.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 18:00

Emily bought 200 shares of abc co. stock for $29.00 per share on 60% margin. assume she holds the stock for one year and that her interest costs will be $80 over the holding period. ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?

Answers: 2

Answer

Business, 21.06.2019 18:20

When someone buys a fourth television for his or her house, what is the result? a. there's a decrease in the marginal utility of the television. b. the increase in demand brings leads to higher prices for televisions. c. the production of televisions becomes more efficient. d. there's a rise in the opportunity cost of buying other goods.

Answers: 2

Answer

Business, 22.06.2019 02:50

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

Answers: 2

Answer

Business, 22.06.2019 11:00

What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.

Answers: 3

Answer

You know the right answer?

As a result of a thorough physical inventory, Coronado Company determined that it had inventory wort...

Questions