Business, 31.07.2019 17:20 monyeemonyee12

Montoure company uses a perpetual inventory system. it entered into the following calendar-year 2013 purchases and sales transactions. date activities units acquired at cost units sold at retail jan. 1 beginning inventory 540 units @ $ 40 /unit feb. 10 purchase 320 units @ $ 36 /unit mar. 13 purchase 100 units @ $ 24 /unit mar. 15 sales 650 units @ $ 85 /unit aug. 21 purchase 120 units @ $ 45 /unit sept. 5 purchase 520 units @ $ 41 /unit sept. 10 sales 640 units @ $ 85 /unit totals 1,600 units 1,290 units compute cost of goods available for sale and the number of units available for sale.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:00

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

Answers: 2

Answer

Business, 22.06.2019 15:20

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Answers: 1

Answer

Business, 22.06.2019 17:00

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Answers: 2

Answer

Business, 22.06.2019 20:40

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.

Answers: 3

Answer

You know the right answer?

Montoure company uses a perpetual inventory system. it entered into the following calendar-year 2013...

Questions