02. GeCo begins 20X4 with merchandise costing $69,000. 20X4 sales are $233,000, purchases are $198,000, and ending inventory is $81,000.
GeCo's 20X4 cost of goods sold is...
a. $245,000 b. $221,000 c. $210,000 d. $186,000
3. On December 3, HuCo purchases merchandise for $47,000 on account
F. O.B. destination. Freight charges are $800. On December 26, HUC
pays the vendor $14,000. On HuCo's December 31 balance sheet the
accounts payable balance will be...
a. $33,800
b. $47,000
c. $47,800
d. $33,000
4. RiCo uses the perpetual method for inventory and records purchases a
In 20X4, it has total merchandise purchases of $324,000. It retu

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system