Business, 16.04.2020 19:53 jphelps19992019

On March 15, a fire destroyed Crane Company's entire retail inventory. The inventory on hand as of January 1 totaled $7700000. From January 1 through the time of the fire, the company made purchases of $3832000, incurred freight-in of $422000, and had sales of $5940000. Assuming the rate of gross profit to selling price is 30%, what is the approximate value of the inventory that was destroyed

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:00, emilyswinge4421

James has set the goal of achieving all "a"s during this year of school. which term best describes this goal

Answers: 2

continue

Business, 22.06.2019 12:30, dtrdtrdtrdtrdrt1325

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Answers: 1

continue

Business, 22.06.2019 14:30, adenn3693

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false

Answers: 1

continue

Business, 22.06.2019 20:00, BigI80531

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.

Answers: 3

continue

You know the right answer?

On March 15, a fire destroyed Crane Company's entire retail inventory. The inventory on hand as of J...