Business, 16.10.2019 06:00 alimfelipe
Vibrant company had $850,000 of sales in each of three consecutive years 2016–2018, and it purchased merchandise costing $500,000 in each of those years. it also maintained a $250,000 physical inventory from the beginning to the end of that three-year period. in accounting for inventory, it made an error at the end of year 2016 that caused its year-end 2016 inventory to appear on its statements as $230,000 rather than the correct $250,000. required: 1. determine the correct amount of the company's gross profit in each of the years 2016−2018. 2. prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of the years 2016−2018.
Answers: 1
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An object that is clicked on and takes the presentation to a new targeted file is done through a
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Adisadvantage of corporations is that shareholders have to pay on profits.
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Business, 22.06.2019 23:00, frisha
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
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Business, 22.06.2019 23:10, hannah2757
Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.
Answers: 1
Vibrant company had $850,000 of sales in each of three consecutive years 2016–2018, and it purchased...
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