At the end of year 1, voss company had $8,000 of inventory. during year 2 the following events occurred: (1) voss company purchased $10,000 of inventory with cash. (2) sold $15,000 of inventory for $20,000 cash to customers. (3) at the end of the year, a physical count of the inventory, it found only $1,000 of inventory on hand. what would voss company report for cost of goods sold on the year 2 income statement?

What is a sort of auction for stocks in which traders verbally submit their offers?

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand