subject
Business, 09.10.2021 14:00 ballerthesavage3287

Good Buy Company made total purchases of $275,000 in the most current year. It paid freight in of $5,500 on its purchases. Freight out, the cost to deliver the merchandise when it was sold to Good Buy's customers, totaled $9,400. Of the total purchases Good Buy made during the period, it returned $24,000 of the merchandise. Good Buy took advantage of $2,700 of purchase discounts offered by its vendors. What was Good Buy's cost of inventory?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the
Answers: 1
question
Business, 22.06.2019 14:10
When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level
Answers: 3
question
Business, 22.06.2019 19:00
The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.
Answers: 1
question
Business, 23.06.2019 02:10
You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?
Answers: 1
You know the right answer?
Good Buy Company made total purchases of $275,000 in the most current year. It paid freight in of $5...
Questions
question
Spanish, 28.06.2019 22:30
question
Social Studies, 28.06.2019 22:30
Questions on the website: 13722367