?What is the average inventory of a business that turns over inventory 10.0 times a year and has a cost of goods sold of $300,000?
A. ?$30,000
B. ?$300,010
C. ?$ 3,000,000
D. ?$ 3,000
Answer: A
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Which of the following does not appear on the retained earnings statement?
a. net income; b. cash dividends; c. number of shares issued; d. appropriated retained earnings; e. retained earnings at the beginning of the period.
Purple Corporation pays $536,000 to acquire 40% of the equity securities of Blue, Inc. on May 5, 2019. In the journal entry to record this transaction ________.
A) Equity Investments—Blue Inc. will be credited for $536,000 B) Equity Investments—Blue Inc. will be debited for $536,000 C) Common Stock Holdings—Blue Inc. will be debited for $536,000 D) Revenue from Investments will be credited for $536,000
Discuss and exemplify why it is important for a speaker to be an audience-centered speaker.
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. Rent and equipment costs are considered fixed costs in break even analysis. 2. The two pioneer pricing strategies are price skimming and competition-oriented pricing. 3. A firm will utilize a penetration pricing strategy during the introduction stage of the product life cycle. 4. The purposes of odd-even pricing strategies are the same. 5. The basic objective of all promotion is informing the customer.