Business, 20.04.2020 23:33 myg21

On March 17, 2021, a flood destroyed the entire inventory of Beatty Co. The following information is available from its accounting records: Inventory, January 1, 2021 $ 208,000 Purchases, Jan. 1 — Mar. 17 420,000 Sales, Jan. 1 — Mar. 17 600,000 Normal gross margin 40% Required: Compute the estimated cost of inventory lost in the flood.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 02:20

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Answers: 1

Answer

Business, 22.06.2019 11:10

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.

Answers: 2

Answer

Business, 22.06.2019 11:40

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.

Answers: 2

Answer

Business, 22.06.2019 20:00

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:

Answers: 2

Answer

You know the right answer?

On March 17, 2021, a flood destroyed the entire inventory of Beatty Co. The following information is...

Questions