Answer: e) All of the above
Explanation:
Presented below is information related to Ricky Henderson Company.
Cost Retail
Beginning inventory $ 200,000 $ 280,000
Purchases 1,375,000 2,140,000
Markups 95,000
Markup cancellations 15,000
Markdowns 35,000
Markdown cancellations 5,000
Sales revenue 2,200,000
Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)
Ending inventory using conventional retail inventory method
$Presented below is information related to Ricky He
The ending inventory using conventional retail inventory method is $170,100.
Ricky Henderson Company Ending inventory
Cost Retail
Beginning inventory $200,000 $280,000
Add Purchases $1,375,000 $2,140,000
Total $1,575,000 $2,420,000
Markups $95,000
Markup cancellations ($15,000)
Net markup $80,000
($95,000-$15,000)
Total $1,575,000 $2,500,000
($2,420,000+$80,000=$2,500,000)
Markdowns $35,000
Markdown cancellations ($5,000)
Net markdown ($30,000)
($35,000-$5,000)
Sales price of goods available $2,470,000
($2,500,000-$30,000)
Less Sales revenue ($2,200,000)
Ending inventory at retail $270,000
($2,470,000-$2,200,000)
Second step is to calculate the Cost-to-retail ratio using this formula
Cost-to-retail ratio=Cost of goods sold available/Retail price of goods available+ Net markup
Let plug in the formula
Cost-to-retail ratio=$1,575,000/($2,420,000+$80,000)
Cost-to-retail ratio=$1,575,000/$2,500,000
Cost-to-retail ratio=0.63
Third step is to calculate the ending inventory at cost (lower of cost or market) using this formula
Ending Inventory at cost =Cost-to-retail ratio× Ending inventory at retail
Let plug in the formula
Ending Inventory at cost=0.63×$270,000
Ending Inventory at cost =$170,100
Inconclusion the ending inventory using conventional retail inventory method is $170,100.
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A loss is when:
A. Revenue is greater than expenses.
B. Revenue is less than expenses.
C. Revenue is equal to expenses.
D. None of the above.
83°F Sunny
Answer:
a if revenue is greater the loss in money will deplinish
how has technology led to a lost in job
Explanation:
The development of technology has lead in loss of jobs for many ppl
In different factories they have been some development this decent years and the work that used to be done by many workers is now done only by a machine or a dozen.
do you believe thicker/ Williams violated copyright law with "blurred lines" why or why not
Answer:
why not
Explanation:
why not yes of course nA
Which of the following businesses describes a branch?
A. CarCity is a car dealership that is old by a large company but operated by a group.
B. Easy as Fries, a fast-food restaurant, is operated by one person but still owned by a large company.
C. Photo Finish, a sports photography business, has many locations that are owned an operated by the company.
D. Hit the books, a Tutoring business, has one location in San Diego, California
Photo Finish, a sports photography business, has many locations that are owned an operated by the company is the businesses describes a branch. Hence, option C is correct.
What is meant by photography business?A variety of services are offered by professional photography studios, including portraiture, commercial photography, event photography including weddings, family gatherings, bar mitzvahs, and more, convention photography, and more.
Their creativity, which is the art or process of making images by the influence of radiant energy, particularly light, on a sensitive surface, is expressed through shades, tones, smiles, joy, and even sadness.
To start, you can increase brand awareness by including brand-specific colors in your images. Additionally, your image might inspire bto take action. Good pictures elicit an emotion. Within that attitude, an emotion develops, which inspires potential customers to become clients.
Thus, option C is correct.
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Charlotte complains that a lot of turnover is coming from branches that used to be First American Bank before the merger. She claims that the employees there were not used to so much oversight. Based on this information, First American was most likely a(n) __________ organization.
From Charlotte's complaint we can conclude that First American was most likely an organic organization.
An organic organization can be described as an organization that has all of its employees working at the same level.
It is flexible, has little layers of management and also has the ability to adapt well to changes. Also the organization is one that has little supervision.
This is obvious because of the claim that employees were not used to so much oversight.
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for a company making advanced technology, with highly specialized components, a customer divisional structure would be more effective than a modular structure. true or false?
The modular structure would be more effective for a company making technology with specialized components (false option)
Business modular structure is a term that refers to a type of structure in which a company is subdivided into specialized small units in some particular aspect of the production process.
This type of structuring is the best option for a company that makes specialized technological objects because each subdivision of the company can focus on different processes with greater specificity.
On the other hand, this structure allows the company to constantly improve itself because a major restructuring is not required when a failure is detected but can be quickly amended in the subdivision that presents problems.
Additionally, customer divisional structure is not the best option for this company because it is not necessary to segment the target audience since its products are highly specialized and are already aimed at a specific market segment.
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which task is carried out by book keeping
Answer:
Explanation:
Invoices and unpaid bills are one of the most important responsibilities of the bookkeeper. A bookkeeper who fails to keep an account of the money flowing into and out of the business, for instance, makes it all too easy to spend money that isn't there.
In choosing between two investments, if one has the higher expected return but the other has the lower standard deviation, we use another measure of risk called _____________. To obtain this measure we divide the _____________ by the ____________. This measure shows the amount of_____________ per unit of return and provides a more useful risk measure when the expected returns on two alternatives are different.
Based on the information given in the paragraph above, the measures that fill in the blanks in order are:
Coefficient of Variation Standard deviation Expected return RiskWhen we have an investment with a higher expected return and a higher standard deviation than another investment, we can then base our decision on the amount of risk that we incur per return of the investment.
This measure is called the coefficient of variation and it is calculated thus:
= Standard deviation / Expected return
This will then show you the risk incurred per unit of return. The investment with the lower coefficient is the better one.
In choosing between two investments, if one has the higher expected return but the other has the lower standard deviation, we use another measure of risk called Coefficient of Variation. To obtain this measure we divide the Standard deviation by the Expected return. This measure shows the amount of Risk per unit of return...
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a document certifying ownership of part of a corporation is a
Answer:
a document certifying ownership of part of a corporation is a stock certificate
Write down the steps of the marketing research approach in the correct order.
Answer:
Explanation:
The Marketing Research Process is comprised of 6 steps: 1: Problem Definition, 2: Development of an Approach to the Problem, 3: Research Design Formulation, 4: Field Work or Data Collection, 5: Data Preparation and Analysis, 6: Report Preparation and Presentation.
Which points are most efficient for the utilization of resources on a production possibilities diagram?
A. points along the curve
B. points inside the curve
C. points at the two intercepts of the curve
D. points outside the curve
Answer- A. point along the curve
plz help 25 points!!!
Answer:
I thinks its b
Explanation:
why must a monopoly supply a good or service that has no close substitute
Answer:
Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.
Explanation:
the principles of scientific management was written by
Answer:
Frederick Winslow Taylor
The principles of scientific management were written by Frederick Winslow Taylor.
Who wrote The principles of scientific management?In 1909, Taylor published "The principles of scientific management." on this, he proposed that by using optimizing and simplifying jobs, productivity could boom. He also superior the idea that people and managers needed to cooperate with each other.
Human performance engineer Frederick Taylor changed into one of the first human beings to look at management and has been called the father of scientific management. He performed time-movement studies to research the most efficient manner of doing a job after which trained employees in one's procedures.
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X Company, which uses the gross method and a perpetual inventory system, sold $2,000 of merchandise on account with credit terms of 2/10,n/30. If the customer pays within the discount period and takes the discount, X will record a journal entry that includes ______. (Check all that apply.)
Answer.
Explanation.
20 Characters long
What is a “work point”?
Answer:
A work point is an independent entity whose location is defined in spacehow much should a single person spend on groceries?
Answer:
175$-348.80$
Explanation:
sorry if you get the answer wrong .
Answer:
200-300 I guess beacuse we should fulfill our all needs. Not to starve ourself.
Explanation:
Eat everything you like
separation of duties is important for internal control of
Answer:
Explanation:
Both cash payments and cash receipts.
What topics should be included in the marketing plan?
Answer:
Price Place Promotion Product
Explanation:
It is pretty self explanatory.
whats some work values for being a nail tech
Answer:
Explanation:
Flexible schedule. One of the main advantages of being a nail professional is that you can always work on a flexible schedule. Customer satisfaction. This is one arena in the beauty industry where you have the power to enhance the self-esteem of a person. Interactive field. As a nail technician you meet a number of people who are engrossed in the fashion industry apart from your customers. Lucrative field. A nail technician career is quite rewarding as the fashion industry is ever evolving with new designs, styles, colors, shapes and so forth.PATIENCE WITH MANICURE CUSTOMERS!!A successful nail technician has the patience to work diligently and pay close attention to the details. Your patience to thoroughly trim your clients’ nails, care for their cuticles, and apply polish will demonstrate your dedication.
CUSTOMER SERVICE!!Every nail technician knows how to engage in conversation with their clients and provide them with high quality results.
Treat them to the level of service that they’d be proud to tell their friends and family about!!!cost is not paid by the insurance company and are unrecoverable
Answer:
yes
pls mark brain
Explanation:
how did the geographic location of harappa affect trade?
Answer:
The city was convenient for trading opportunities.
Explanation:
What are common characteristics of less-educated workers that contribute to their having higher unemployment rates than workers with more education? Multiple select question. Working lower-skilled jobs Working jobs that are vulnerable to cyclical layoff Working jobs that are more permanent Having more time between jobs
Explanation:
but nobody question to only just right now multiple select question.
Answer:
Working lower-skilled jobs, having more time between jobs, and working jobs that are vulnerable to cyclical layoff.
Explanation:
go grub’s customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. the drivers have resisted using gps systems, claiming they know their territories, but managers are now encouraging them to look for the best solution to the increased level of customer complaints. go grub is in the ________ stage of lewin’s change model.
Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.
To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:
Increased speed at work.Improved communication.Greater customer satisfaction.Cost reduction.It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.
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Witch of the following is a current asset?
A- Employee
B- Land
C- Supplies
D- Mortage
which option has had the least impact on international business?
what is the first step to developing your marketing mix?
Answer:
Step 1: Document Your Business Goals and Budget. ...
Step 2: Conduct A SWOT Analysis. ...
Step 3: Identify Your Target Personas. ...
Step 4: Develop Your Marketing Goals. ...
Step 5: Build Your Activity Plan.
Which one of the following types of charitable contributions is NOT deductible for federal income tax purposes?
A. Contributions made with credit cards where the charge is paid in a subsequent year
B. Travel costs incurred for charitable purposes
C. Contributions made through payroll deduction
D. Cash paid to purchase fundraising products where a portion of the proceeds go to fund a charitable cause
Answer: B.
Explanation: Contributions to individuals, foreign governments, foreign charities, and certain private foundations similarly are not deductible.
which market structure is defined by a single producer?
Answer:
Monopoly. A condition that has none of the requirements for a competitive market such as adequate competition, knowledge of prices and opportunities, mobility of resources, and competitive profits is called a(n)
Explanation:
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