cost of good s sold RS 80700 opening stock RS 5800 closing stock RS 6000.what is the amount of purchase ?​

Answers

Answer 1

Answer:80900

Explanation:

Inventory at the beginning of the period = COGS + Inventory at the end of the period-Purchase

5800=80700+6000-P


Related Questions

Ambinu Flower Company provides flowers and other nursery products for decorative purposes in medium to large sized restaurants and businesses. The company has been investigating the purchase of a new specially equipped van for deliveries. The van has a value of $133,750 with a six-year life. The expected additional cash inflows are $52,500 per year. What is the payback period for this investment

Answers

The payback period for this investment is 2.55 years.

The payback period is a capital budgeting method. It is used to determine how long it would take to recover the amount of money invested in an project from the cumulative cash flows.

An advantage of the payback period method is that it is easy to calculate. A drawback is that it ignores the time value of money.

Payback period = amount invested in the van / cash flows

$133,750 / $52,500 = 2.55 years

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xyz company's cost function for the next four months is c=500000+5q then
a) find the be dollar volume of sales if the selling price is br. 6/unit
b) what would be the company's cost if it decides to shutdown operations for the next four months

Answers

Answer:

Enter the following transactions into richard’s checkbook register and state his ending balance: date type description amount 03/01 check #204 blue sky apartments $455. 00 03/05 dep payroll automatic deposit $390. 36 03/08 debit benny’s hamburgers and fries $9. 20 03/15 check #205 car payment $251. 59 03/19 dep payroll automatic deposit $390. 36 a. $715. 79 b. $1,009. 81 c. $780. 72 d. $880. 24.

The hedge ratio of a call option is
A) A positive constant
B) Negative and larger than -1
C) Positive and larger than 1
D) Positive and smaller than 1

Answers

Answer:

A positive constant

Explanation:

the hedge ratio cimparez the amount of a position that is hedged to the entire position

How is Adam Smith both praiseworthy and suspicious of businessmen's ability to serve the public good

Answers

Answer: Smith does not exactly praise the abilities of businessmen to foster the public good; he just thinks that, given the ability to make their own decisions, these men will make rational ones that make economic sense.

Explanation: Yes

The T-Shirt Factory purchased 12 futures contracts on cotton at a quoted price of 55.50 as a hedge against its inventory needs. At the time it actually needed the cotton, the spot price was 56.10. Cotton futures are based on 50,000 pounds and quoted in cents per pound. How much did the Shirt Factory save by hedging cotton?
A. $1,280
B. $560
C. $2,400
D. $3,600

Answers

Answer:

D

Explanation: ……….

Help help hep pelsss straightforward answer ASAP I’ll give points I need to pass class

Answers

Answer:

C. 1

Explanation:

C. 1

Help help help businesses please

Answers

Answer:

fiat

Explanation:

The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return 6% Return on investment (ROI) 6.8% Sales $ 870,000 Turnover (on operating assets) 2 times What was the Legume Division's net operating income last year

Answers

Based on the information given, Legume Division's net operating income last year will be $29580.

Firstly,we will calculate the turnover which will be:

= Sales / Operating costs

= $870000 / 2

= $435000

The return on investment will be:

= Net operating income / Operating assets

Therefore, the net operating income will be:

= $435000 × 6.8%

= $29580

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The Legume Division's net operating income last year was $29,580.

What is the net operating income?

The net operating income is the income after deducting the cost of goods sold and operating expenses from sales revenue.

Data and Calculations:

Minimum required rate of return = 6%

Return on investment (ROI) = 6.8%

Sales revenue = $870,000

Turnover on operating assets = 2 times

Operating assets = $435,000 ($870,000/2)

Net operating income = ROI x Operating Assets

= $29,580 ($6.8% of $435,000)

Thus, the Legume Division's net operating income last year was $29,580.

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Class ________ are the number of observations for each class of a frequency distribution using grouped quantitative data.
Numbers
Boundaries
Frequencies
Widths

Answers

Answer: it's frequencies

Explanation:

Overseas Shipping Corporation and Port Storage Company transfer their assets to Quality Operations, Inc., which manages the assets and distributes the profits to the beneficiaries. This form of business organization is

Answers

Based on the information given, it can be illustrated that the form of business organization that's depicted is a business trust.

A business trust is also known as common law trusts. They are legal instruments that provide a trustee the authority and power to be able to manage the interest of a beneficiary in a business.

Since Overseas Shipping Corporation and Port Storage Company transfer their assets to Quality Operations, Inc., which manages the assets and distributes the profits to the beneficiaries. This is known as a business trust.

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AN Razimah has been investing in a Unit Trust for the past 10 years. She is very happy with the performance of the fund manager that enables her to get at least 15 % return annually. Razimah has estimated that she will receive a retum of RM8000 next year, RM9000 in next 2 years, and RM10,000 in the next 3 years. What is the value of these future payments?​

Answers

Answer: A fund should review its use of derivatives when it updates its registration statement annually - particularly disclosures in its shareholder??

Explanation:

Rather than creating a new product, Chinese manufacturers have been notably successful at adopting a different strategy. They have been able to make and offer a competing product so rapidly that the majority of adopters have a choice when purchasing the product for the first time. This is referred to as a

Answers

The method that was adopted by the Chinese manufacturers who instead of creating a new product,  adopted a different strategy is: Lean manufacturing initiative.

Lean manufacturing initiative is a form of manufacturing where the producer identifies non-value adding activities and initiates measures to systematically eliminate these.

The process is gradual. Most manufacturing organizations adopt this process.

This is the same with the Chinese industries who instead of immediately creating a new product, adopt the strategy of introducing competing products.

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On May 3, what is the balance of the Equipment Office account? A. Debit $5,090 C. Debut $4,400 B. Debit $690 D. Credit $5.090​

Answers

Based on the balance on the account and the amount purchased, the balance on the Equipment office account was A. Debit $5,090.

The opening balance for the Equipment office account was $4,400 on May 1.

The store then purchased a calculator for the office on May 1 for $690. This will increase the Equipment office account by the same amount.

The balance would therefore be:

= 4,400 + 690

= $5,090

This balance would be a debit as this is an asset.

In conclusion, option A is correct.

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Help hep help help help

Answers

i believe the answer is B

A reading researcher does what

Answers

Answer:

They reveal how the author(s) interpreted the findings of their research and presented recommendations or courses of action based on those findings.

Explanation:

4-1) Consider any organization you are aware of from work, study, or the media. How do they manage people? Do people in those organizations feel important?
4-2) What is your personal experience of performance appraisal and/or performance related pay? Consider the arguments made in this course, which best fit your experience? Ask two of others for their experience and briefly describe the appraisal system you want.
you can give your own opinion in brief

Answers

There are different organizations with different ways of management of resources and personnel. The answers to the questions is below;

In the organization that I had worked for, I can say they have a good management. They are very direct in their management, they make you understand your duties and they make sure all follow the process outline. There are often consequences if one fails to perform his or her duties but their management was great and it lead to the growth of the organization.

People in those organizations feel important because the organization value them, value their input and personal wellbeing as well as their growth.

I worked in the accounting/ sales management unit for some months and I can say it was a good experience for me as I got to known more about using good software that makes it easy to work. I did a get job from the onset of my work. The Managing director was happy and had to increase my salary in the first month.

I can say my experience was more of educative as I learnt a whole lot of things. The Experience of the others was a little different from mine but they both believe that they did grow intellectually and morally.

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A movie theater can increase its profits through price discrimination by charging a higher price to adults and a lower price to children if it A. only shows G-rated movies. B. has no monopoly pricing power. C. cannot easily distinguish between the two groups of customers. D. can prevent children from buying the lower-priced tickets and selling them to adults.

Answers

The major way through which a movie theatre can increase its profits through price discrimination is by charging more to the adults and a lower price to children if it:

D. Can prevent children from buying the lower-priced tickets and selling them to adults.

Price discrimination

We should note that a G rated movie is one which is suitable for people of all ages and this cannot be used to create a price discrimination as this essentially means that only a group of people can view and there is a different price for the ticket.

How movie theatres apply price discrimination

With this in mind, we can see that if the movie theatre charges a lower price for children, then if it shows only G rated movies, if it can prevent children from buying the lower priced tickets, then they would increase their profits.

Therefore, the correct answer is option D

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A decision-maker faces the following decision under conditions of uncertainty. This decision-maker has $1 million in assets. Most of those assets, $750,000, are the individual’s equity in his house. The remaining $250,000 are absolutely secure. Unhappily, there is a risk that the individual’s house will burn down in a fire, which would be a total loss of the $750,000. The individual can insure his house against the loss from this fire. The premium for the insurance is $40,000, and it will insure the individual completely; that is, if the individual chooses to purchase this insurance policy, his assets will be $960,000, whether or not there is a fire. (There is no mortgage on the house, so $750,000 is the full amount paid by the insurance company.) The probability of a fire is 0.05.

Required:
a. What is the expected net earnings, the premium less the expected amount paid out to the client, to the insurance company from this policy?
b. If the individual in question were risk neutral, would he buy this insurance policy?
c. If the individual in question is an expected utility maximizer, with the utility function u(a) = where a is the individuala's total assets, would this individual buy the insurance?

Answers

Answer:

The correct Answer Is C,

Explanation:

I got It Right :)

A- The net earnings of the individual in question will be $710000 after the individual's claim for loss by fire is settled by the insurance company. B- Yes, he would buy the insurance if he were risk neutral.

C- Yes, the individual will buy the insurance policy if he were a expected utility maximizer as he would want to claim complete settlement of this amount to be claimed in case of fire loss.

The expected net earnings from the insurance after deducting the amount from the premium paid and total claim endorsed by the insurance company will be $710000 which can be shown as below

[tex]\rm Net\ earnings= claim\ received - premium\ of\ policy[/tex]

[tex]\rm Net\ earnings= 750000-40000[/tex]

We get,

[tex]\rm Net\ earnings= 710000[/tex]

If the individual were risk neutral he would like to take the insurance as the risk of fire in the example given above is 0.5 which is greater than zero and this ultimately implies that risk cannot be taken.

In the case if the individual is expected utility maximizer he would take the insurance as it would not only give him the claims from losses due to fire but also help him secure his house against beta of fire.

Hence, the correct answers will be A- $710000; B- Yes.; C- Yes. and imply that taking insurance will be a wise decision by the individual.

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• • 13.16 A large St. Louis feed mill, Robert Orwig Processing,

prepares its 6-month aggregate plan by forecasting demand for

50-pound bags of cattle feed as follows: January, 1,000 bags;

February, 1,200; March, 1,250; April, 1,450; May, 1,400; and June,

1,400. The feed mill plans to begin the new year with no inventory

left over from the previous year, and backorders are not permit-

ted. It projects that capacity (during regular hours) for producing

bags of feed will remain constant at 800 until the end of April, and

then increase to 1,100 bags per month when a planned expansion

is completed on May 1. Overtime capacity is set at 300 bags per

month until the expansion, at which time it will increase to 400

bags per month. A friendly competitor in Sioux City, Iowa, is also

available as a backup source to meet demand—but can provide

only 500 bags total during the 6-month period. Develop a 6-month

Answers

The production plan is used for ensuring that the necessary preparation is completed before the start of a production cycle.

A production plan involves the allocation of resources effectively so that everything will be in place for the production stages.

Based on the computation done, the budget for January is $12800, February is $16250, March is $17175, April is $20875, May is $16900, and June is $16900.

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how price reaches equilibrium? give an example

Answers

Answer:

Coming back to our example: at the price p = 6 per pencil, the quantity that sellers want to sell is equal to 10, while the quantity demanded is equal to 5 and there is an excess supply of 10 - 5 = 5 units. ... Sellers will continue to lower their price until the market price reaches 4, the equilibrium price.

Explanation:

correct me if I'm wrong thank you

mark me brainliest thanks

#CARRYONLEARNING

Prices reach equilibrium when the quantity demanded is equal to the quantity supplied.

At equilibrium price, the quantity demanded is equal to the quantity supplied.

For example, if the following data for quantity demanded and supplied are provided, the equilibrium price is $5 because it is at this price that quantity demanded and supplied are equal.

Price        Quantity demanded     Quantity supplied

$1                10                                        5

$5                 8                                        8

$9                  5                                       10

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7. The Moroccan monetary authority is using a heavily-managed float to keep the dirham at U.S. $0.12 per dirham. Under current foreign exchange market conditions, nonofficial supply and demand would clear at U.S. $0.15 per dirham.

a. Using official intervention, what does the official Moroccan monetary authority have to do to keep the exchange rate at U.S. $0.12 per dirham?
b. If the monetary authority believes that this is a temporary disequilibrium, what does the authority expect to happen soon?
c. If private investors and speculators believe that this is a fundamental disequilibrium, what actions are they likely to take?

Answers

Based on the information given, the thing that should be done to keep the exchange rate at $0.12 per dirham is to sell foreign currencies to get more dirham.

It should be noted that since the non-official supply and demand of dirham is pegged at $0.15/ Dirham and the actual rate is $0.12/dirham, it implies that the Dirham is devaluated.

 

The authority will believe that due to devaluation, net export will rise and this will increase the income of the country.

Lastly, the private investors and speculators will not invest because the currency has lost its value compared to the dollars.

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Given the following information for Blue Bell Company for last year: Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: January 1 $1,800,000 December 31 2,400,000 Shareholders' equity (all common): January 1 1,500,000 December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: January 1 200,000 December 31 180,000 Inventory: January 1 210,000 December 31 250,000
Refer to table: Blue Bell's current ratio at December 31 was:____.
a. 2.33 times
b. 3.67 times
c. 0.43 times
d. 1.33 times

Answers

Based on the information given Blue Bell's current ratio at December 31 was:

a. 2.33 times.

Using this formula

Current ratio=Total current assets/ Total current liabilities

Where:

Total current assets=$700,000

Total current liabilities=$300,000

Let plug in the formula

Current ratio=$700,000/$300,000

Current ratio=2.33 times

Inconclusion Blue Bell's current ratio at December 31 was:

a. 2.33 times.

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Give detailed accounts of the following financial crises:

The Japanese Banking Crisis of the 1990s

The Asian Crisis of the mid 1990s

The current global financial crisis.

You should include the causes of the crises, providing examples where necessary and citations of any relevant papers.

Answers

Japanese Banking Crisis 1990s

The banking and financial crises that happened during the 1990s in Japan was caused the collapse of the fabled economic bubble and the asset prices in the 1980s.

The crises caused a prolonged recession in the country.

However, the government used the various public policy to revive the financial industry and series of bad loans problem in the country.

Asian Crisis 1990s

The Asian financial crisis was a global crisis which destabilized its Asian economy at the end of the 1990s.

The main causes of the Asian crisis is the difficultly in borrowing of dollars to subsidize their domestic industries.

Other causes that contributed to the crisis include collapse of the currency exchange rate.

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Master’s Cleaners’ average variable costs consist of $.70 of direct labor, $.30 of direct

materials, and $.50 of other variable inputs. If it has fixed costs of $1,000, what level of output

is required at a price of $2 to generate $500 in profits?

a. 1,000

b. 1,500

c. 2,000

d. 2,500

e. 3,000

Answers

d, no explanation but hope this helps!

Which is a TRUE statement about how profit can be an incentive for entrepreneurs?
A
Profit outweighs the risks of opening a business.
B
Profit can increase competition in a market economy.
С
Profit encourages shareholders to open their own businesses.
D
Profit makes the gap between the rich and poor more noticeable.

Answers

The true statement regarding the profit of an entrepreneur is D. makes the gap between the rich and poor more noticeable.

Profit simply means the gain that's derived from the sale of a particular commodity. It should be noted that profit is the difference between the total revenue and the total cost.

It should be noted that profit can be an incentive for entrepreneurs as makes the gap between the rich and poor more noticeable.

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Answer:

A

Explanation:

I had just got that question wrong but the correct answer is A.

Which of the following statements about car insurance is true?

Answers

Answer:

Were Are The Statements

Explanation:

No Statements

Please give a complete answer to all questions, citing the legal principle to support your answer.

I. John owns a clothing store. He sees Jack put several items of clothing into his bulky jacket and then walk past all cash registers on his way out the door without paying for the clothes. He has his security people restrain Jack and put him in a locked room while he calls the police. The police arrive in five minutes and place Jack under arrest for shoplifting. Jack sues John civilly for the tort of unlawful imprisonment. Will Jack win or lose this lawsuit?

2. Sarah, Lisa and Adriana are accountants and decide to form the limited liability partnership of SLA Accountants, LLP. They register the partnership with the state. Adriana then conducts an audit of the financial statements of DEF, Inc. and her audit team includes Anna, an audit manager who is under the supervision of Adriana during the course of the audit. Anna makes a major mistake in checking the assets of DEF with the result that the assets listed on the financial statements are overvalued and the liabilities are undervalued. DEF is a publicly traded stock and when the market finds out about this mistake, the value of the shares goes from $50/share to $5/share. The shareholders sue Sarah, Lisa and Adriana for negligence. Sarah and Lisa did not participate in this audit. Adriana states that her personal assets cannot be reached in this lawsuit. Is Adriana right or wrong?

3. Sam is a member of the U.S. Army’s Special Forces. He owns a Ford GT, the most expensive sports car made by Ford. He has received orders to deploy to the Middle East for a secret assignment that he realizes will be highly dangerous. He has a favorite nephew, Andrew, and he brings the car and the key fob over to Andrew’s house before he leaves. He tells Andrew that if he does not come back, the car is his. He does come back but when he comes over to see Andrew and asks for the car back, Andrew refuses, claiming this is a completed inter vivos gift and as such, he does not have to give it back. Is Andrew right or wrong?

Answers

1. In the criminal justice system, John can temporarily put Jack in custody pending the arrival of the police.  Jack was not detained for a period longer than five minutes and not for a civil wrong.

Thus, in this lawsuit for the tort of unlawful imprisonment, Jack will lose because he committed a crime.  He cannot apply a civil law to a criminal case.

2. Adriana is correct that her personal assets cannot be reached in this lawsuit brought by the shareholders of DEF, Inc. because SLA Accountants, LLP is a limited liability partnership and not just an ordinary partnership.

A limited liability partnership, like a limited liability company, offers members limited liability.  However, the shareholders of DEF, Inc. may decide to sue Adriana personally.

3. Andrew is wrong because the car handed over by Sam was not a completed inter-vivos gift. The transfer was not absolute but conditional upon Sam not returning from the Middle East.

As a conditional transfer of gift, the vesting of the ownership interest created by the transfer depends on the fulfillment of a condition.

Thus, since the transfer condition did not materialize, Andrew should return the car to Sam in good faith.

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Help help please I need straightforward answer please

Answers

Answer:

I think its B i could be wrong but that's what makes sence to me

B might be the answer

Help help business please pelsss

Answers

Answer:

B. Negative

Explanation:

When all other things remain constant, there is an inverse relationship, or negative correlation, between price and the demand for goods and services.

Hope this helps!

One goal of the Occupy Movement was to encourage the practice of bank bailouts.
Group of answer choices

True

False

Answers

True I think I’m not sure :/
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