Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold $ 243,000 Merchandise inventory, January 1 71,800 Merchandise inventory, December 31 72,700 Accounts payable, January 1 69,700 Accounts payable, December 31 76,800 Multiple Choice $235,000. $236,800. $251,000. $249,200. $243,000.
Answers: 3
Business, 21.06.2019 22:50
What happens when a bank is required to hold more money in reserve?
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Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
Business, 22.06.2019 20:20
You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take
Answers: 2
Business, 23.06.2019 00:10
Wang distributors has an annual demand for an airport metal detector of 1 comma 350 units. the cost of a typical detector to wang is $400. carrying cost is estimated to be 19% of the unit cost, and the ordering cost is $24 per order. if ping wang, the owner, orders in quantities of 300 or more, he can get a 10% discount on the cost of the detectors. should wang take the quantity discount? \
Answers: 1
Use the following information about the current year's operations of a company to calculate the cash...
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