subject
Business, 26.03.2020 19:42 elviaortiz402373

Assume that the ending merchandise inventory was accidentally overstated by $ 1 comma 850. What are the correct amounts for cost of goods sold and gross profit? Assuming that the ending merchandise inventory was accidentally overstated by $1,850, the correct amount for cost of goods sold is $ . Assuming that the ending merchandise inventory was accidentally overstated by $1,850, the correct amount for gross profit is $ .

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 22:00
Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.
Answers: 3
question
Business, 23.06.2019 01:30
At the end of the fiscal year, apha airlines has an outstanding non-cancellable purchase commitment for the purchase of 1 million gallons of jet fuel at a price of $4.10 per gallon for delivery during the coming summer. the company prices its inventory at the lower of cost or market. if the market price for jet fuel at the end of the year is $4.50, how would this situation be reflected in the annual financial statements?
Answers: 2
question
Business, 23.06.2019 12:10
Amanda is a certified public accountant. she wants to work as an auditor with a firm in the state of california. which accounting body must she get herself registered with? a. security and exchange commission b. financial institution regulating authority c. state board of accountancy d. government accounting standard board
Answers: 2
question
Business, 23.06.2019 15:30
Describe a least two factors that a lender would consider if you applied for a business loan.
Answers: 2
You know the right answer?
Assume that the ending merchandise inventory was accidentally overstated by $ 1 comma 850. What are...
Questions
Questions on the website: 13722363