subject
Business, 18.03.2021 01:30 Chrisis5143

The inventory of Pina Colada Corp. was destroyed by fire on March 1. From an examination of the accounting records, the following data for the first 2 months of the year are obtained: Sales Revenue $53,000, Sales Returns and Allowances $1,100, Purchases $32,500, Freight-In $1,300, and Purchase Returns and Allowances $1,700. Determine the merchandise lost by fire, assuming: A beginning inventory of $19,500 and a gross profit rate of 45% on net sales. Estimated cost of merchandise lost $enter the Estimated cost of lost merchandise in dollars eTextbook and Media A beginning inventory of $32,500 and a gross profit rate of 30% on net sales. Estimated cost of merchandise lost

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:50
Why should managers invest any excess cash
Answers: 1
question
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
question
Business, 22.06.2019 16:30
Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.
Answers: 2
question
Business, 22.06.2019 16:30
En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?
Answers: 3
You know the right answer?
The inventory of Pina Colada Corp. was destroyed by fire on March 1. From an examination of the acco...
Questions
question
Mathematics, 25.06.2019 13:30
Questions on the website: 13722367