orthwest Fur Co. started 2021 with $114,000 of merchandise inventory on hand. During 2021, $590,000 in merchandise was purchased on account with credit terms of 2/15, n/45. All discounts were taken. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $8,700. Merchandise with an invoice amount of $4,800 was returned for credit. Cost of goods sold for the year was $372,000. Northwest uses a perpetual inventory system. Assuming Northwest uses the gross method to record purchases, what is the cost of goods available for sale

Answers

Answer 1

Answer:

The cost of goods available is 3900


Related Questions

All of the following is true about CRM, or Customer Relationship Management except:______.
a. It is an enterprise software
b. Accounting department uses it to facilitate billing
c. It is replacing the human resource department
d. It is the processes a company uses to track and organize all aspects of customer encounters

Answers

Answer:

B

Explanation:

The purpose of CRM is not to replace the human resource department.

Considering the available options, the statement that is not true about CRM or Customer Relationship Management is "Accounting department uses it to facilitate billing."

CRM is an enterprise software with a rough global market value of over $40 billion.

Because it is an automated system, many firms are now using it to replace the human resource department.

Also, CRM is known for being a process that a company uses to monitor and oversee all aspects of customer relations.

Hence, in this case, it is concluded that the correct answer is option B. "Accounting department uses it to facilitate billing."

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Efficiency wages are a way to reward raw talent and abilities. a way to compensate workers for experience and training. a way to compensate workers in unattractive or unpleasant jobs. an incentive scheme designed to motivate and retain workers.

Answers

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

Answer:

An incentive scheme designed to motivate and retain workers.

Explanation:

what are the effects of business on environment? List them. ​

Answers

Answer:

The four main environmental issues that are most likely to influence the activities of a business are climate change, pollution, sustainability and waste reduction.

Explanation:

A stock is currently selling for $80 per share. You could purchase a call with a strike price of $76 for $9. You could purchase a put with a strike price of $76 for $3. Calculate the intrinsic value of the call option.

Answers

Answer:

76

Explanation:

ther cell is god

Bramble University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account abbreviations: REV

Answers

If Bramble earned proportionately as each game is played, the appropriate journal entry are:

Based on the information given if the university sells 3,500 season basketball tickets at $80 each game, the appropriate journal entry to record the transaction is:

Bramble University journal entry

Debit Cash $280,000

Credit Unearned ticket revenue $280,000

(3,500 x $80 =$280,000)

(To record sales of ticket)

Debit Unearned ticket revenue $28,000

Credit Ticket revenue $28,000

(3,500 x $80)/10=$28,000)

(To record revenue recognized)

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Which is a correct statement about common types of test questions? O There is little difference in how these types of questions should be approached. Most can be approached by determining relationships between sets of ideas. Most can be approached by determining whether an idea or fact is accurate. Each type of question should be approached with a specific strategy.​

Answers

Answer: it’s C

Trust Me

Answer:

D ( Each type of question should be approached with a specific strategy).

Explanation:

Have an amazing day/night!! <33

God Bless All <33

How are flexible exchange rates different from fixed exchange rates?

Answers

flexible exchange rates depend on multiple variables in the market but fixed exchange rates stay the same no matter the change in variables.

Information accessibility focuses on ________.

a. defining what information a person or organization has the right to obtain about others.
b. information that has been encrypted by the owner to make it unaccessible to others
c. who owns information about individuals and how information can be sold and exchanged
d. what information an individual should have to reveal to others in the workplace
e. identifying who is responsible for informational errors that harm people

Answers

Answer:

A) Defining what information a person or organization has the right to obtain about others.

Subprime lending is thought to be a contributing factor to the recent housing bubble. Which is an example of subprime lending

Answers

Considering the recent housing bubble analysis, the example of subprime lending is Bradley is a first-time homebuyer who does not have enough money for the usual 20% required for a down payment. Nonetheless, a bank offers Bradley a loan because his income is sufficient and home prices have increased.

This is because subprime lending is a type of lending whereby the lender lends money to borrowers with low credit ratings.

Also, it should be noted that Above-average interest rates characterize subprime lending.

Given that Bradley can not afford the usual 20% required for a down payment, this shows he is a borrower with low credit ratings.

Hence, in this case, it is concluded that the correct answer is option A.

The available options are the following:

A. Bradley is a first-time homebuyer who does not enough money for the usual 20% required for a down payment. Nonetheless, a bank offers Bradley a loan because his income is sufficient and home prices have historically increased.

B. Jurgen wants to purchase a home and is hoping to minimize his monthly mortgage payments. The bank offers Jurgen an adjustable rate loan which has a lower initial rate but will potentially increase in the future.

C. Chris is a real estate tycoon. He owns many homes and apartment complexes. Because he owns so many properties, he is particularly vulnerable to fluctuations in the real estate market. His bank is willing to loan him more money despite this risk.

D. Vincenzo does not have sufficient income to afford the payments on the mortgage for which he is applying. However, Vincenzo\'s older and wealthier girl friend has agreed to co-sign the loan. The bank agrees to loan Vincenzo more than he can afford to repay because of existence of his co-signer.

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Homework help

The acronym used for the process of setting goals is..

O ACHIEVE
O OUTCOME
O GOAL
O SMART

Answers

Answer:

SMART

Explanation:

hope this helps and is right!! p.s. i really need brainliest :)

Why do businesses compete in free enterprise system?

Answers

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an efficent manner.

However, competition in the free enterprise systmem leads to lower wages and income. It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

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True or False: Some nonactivists believe in a predetermined-money growth rate, which suggests that the monetary authorities should target the proper federal funds rate before implementing monetary policies. False

Answers

True Some no activist believe in a predetermined money growth rate

a) A customer wants to return a never-worn pair of shoes and a dress that was worn
once. The customer paid $90 for the shoes and $125 for the dress. What is this
customer's refund amount for her returns? (2 points)

Answers

Answer:

$215

Explanation: You sum the amount of money spent on each item, and refund that amount to the customer. 90 + 125 = 215.

Which of the following best describes the adjustment to​ long-run equilibrium if an​ economy's short-run equilibrium output is below potential​ output? A. Since unemployment is less than its natural​ rate, there will be excessive tightness in the labor market​ and, consequently, pressure on firms to raise their prices at a more rapid rate. This acceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output down toward its potential output. B. Since unemployment is less than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output up toward potential output. C. Since unemployment is greater than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve down​, pushing the​ economy's output up toward potential output. D. Since unemployment is greater than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve down​, pushing the​ economy's potential output down toward its​ short-run output.

Answers

In a situation where the short-run equilibrium output is below potential​ output in an economy, the adjustment will be B. Since unemployment is less than its natural​ rate, there will be excess slack in the labor market​ and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the​ short-run aggregate supply curve up​, pushing the​ economy's output up toward potential output.

In the long run equilibrium, the aggregate supply and aggregate demand are equal.

In a situation where unemployment is less than its natural​ rate, this will lead to excess slack in the labor market​ and pressure will be on firms to raise their prices at a less rapid rate.

This deceleration of inflation will then brings about the short-run aggregate supply curve up​ and this ultimately, pushes the​ economy's output up toward potential output.

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what advice is given by tom peters in the article customer first? analyse and summarize.​

Answers

Answer:

which article?

Explanation:

In a(n) ________, an individual or firm contracts with a parent company to set up a business or retail outlet.

Answers

There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.

Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.

There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.

A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.

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As opposed to running for office, careers in
government administration are what kind of
positions?
A. permanent
B. freelance
C. contract

Answers

Answer:

I think its freelance .

Answer:

The answer would be B. freelance

Explanation:

I got it right on my test; Edmentum

A __________ refers to a communication structure in which team members freely communicate with one another and arrive at decisions together.


✔ a. decentralized network

b. centralized network

c. circular network

d. linear network

e. gossip structure

Answers

Answer : circular network

A single factory produces two different products during each half of the year with equivalent fixed cost; from January through June they produce Product A and from July through December they produce Product B. Product B costs three times as much to produce and the price of Product A is one third of Product B. The breakeven quantity of Product A as related to the breakeven quantity of product B is best represented by:

Answers

The breakeven quantity of Product A as related to product be is 1/3.

The breakeven quantity refers to the minimum of units a company needs to sell to cover the costs that implied producing that good.

For example, if production costs are $1000 and each unit sale price is 10, the company will need to sell at least 100 units ($1000 / 10 = 100).

In the case of product A and B, it is known product A cost only 1/3 of product B. For example:

Product A: $100 (production cost).Product B: $300 (production cost).

In this context, the breakeven quantity for product A will be a third of the one for product B.

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List five kinds of harm that could occur to your own personal computer. Estimate the likelihood of each, expressed in number of times per year (number of times could be a fraction, for example, 1/2 means could be expected to happen once every two years). Estimate the monetary loss that would occur from that harm. Compute the expected annual loss from these kinds of harm.

Answers

The most frequent damages in computers are: Blue screen, Ram problems, continuous shutdown, slow performance, and virus infection.

Blue screen. It is estimated that it can happen 1/2 per year. It is one of the most common computer problems. Generally, it indicates a serious problem, which may be hardware or driver related, so the repair value is high, about $ 50.

RAM problems. It is estimated that it can happen 2/4 per year. It is a problem that is caused by misconfiguration, or a RAM slot is not fitting correctly, which causes it to not work. Its repair is worth about $ 25.

The computer shuts down by itself or restarts itself. It is estimated that it can happen 12/20 times per year. This damage is caused by lack of maintenance in the hardware or problems with the software. For example, if there is dust accumulated on the fans, this obstructs the air and does not allow the computer to cool properly, causing it to shut down. Your repair is worth about $ 50.

Slow performance. It is estimated that it can happen 45/50 times per year. This damage is caused by different factors. However, the most common is the lack of maintenance. Your repair costs about $ 15.

Computer infected with viruses. It is estimated that it can happen 6/10 in a year. Viruses are a type of software that can harm your computer and related systems. Your repair costs about $ 20.

According to the above, the total estimated cost per year for the computer fix is ​​$ 160.

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$14,000 is invested in an account that earns 3% interest per year. When does the balance reach $19,379.27

Answers

Answer: 12 and a half month

Explanation:

Because 14,000 on a 3 percent interest per year; 3 percent of 14000 is 420 so think about it, when it goes to 19,379.27 it will take about 12 years along with the interests so about 12 and a half month.

On January 1, 2021, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2022. Construction expenditures for 2021, which were incurred evenly throughout the year, totaled $9,600,000. Marjlee had the following debt obligations which were outstanding during all of 2021:

Construction loan, 9% $2,400,000
Long-term note, 8% 3,200,000
Long-term note, 5% 6,400,000

Required:
Calculate the amount of interest capitalized in 2021 for the building using the specific interest method.

Answers

The amount of interest capitalized in 2021 for the building using the specific interest method is $360000.

The first thing to do is to calculate the average cost of borrowing which will be:

= ($3200000 × 8%) + ($6400000 × 5%) / $9,600,000

= ($256000 + $320000) / $9600000

= $576000 / $9600000

= 0.06 = 6%

The average expenditure during the year will be:

= $9600000/2.

= $4800000

The capitalized Interest will be:

= 9% × $2400000

= $216000.

Then, the capitalized Interest for the borrowing will be:

= 6% × $2400000

= $144000

The total capitalized Interest will be:

= $216000 + $144000

= $360,000

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define motivation.explain it's importance. ​

Answers

Answer:

motivation refers to those wishes,desire, drive that stimulates or activation the man to do things..

Explanation:

The important words here are 'needs', 'values' and 'goals' and these are the building blocks of motivation that lead to actions: Needs are basic requirements for survival and may be physical or psychological; for example, hunger, thirst, love or friendship.

I hope you are motivated to this answer......

State the main legislation for health and safety
Quick as possible please

Answers

Answer:

hold on i will get back to you in a moment

Imagine being an advisor to Hank Harris. What would you suggest should be Seller's Lab competitive strategy going forward

Answers

Seller's lab can use either the cost leadership, cost focus, differentiation leadership, or differentiation focus strategy depending on the situation of the company.

A competitive strategy is a defined plan that allows a company to:

Increase its profits.Have an advantage over competitors.Adress customers' needs.

In marketing, four main strategies can be used depending on the situation and objectives of each company

Cost leadership strategy: The purpose of this strategy is to have lower costs than similar companies, which increases profit.Cost focus: This strategy aims at reducing costs to increase profit.Differentiation leadership: This strategy aims at making the company's products unique in comparison to similar companies.Differentiation focus: This strategy focuses on adding special characteristics to products, which can influence customers' loyalty.

Note: This question is incomplete because there is no information about Seller's lab. Due to this, I answered it based on general knowledge.

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Suppose that you are evaluating the option of increasing the advertising exposure by using an alternative medium. If you invest $2 million towards this, % exposed will increase from 75% to 80%. Your total market comprises of 5 million customers. Assuming that everything else would remain unaltered after this change and that each customer buys one unit only. What will be the effect of the change on unit sales?
A. 41,202 more units sold.
B. 14,715 less units sold.
C. 14,715 more units sold.
D. 41,202 less units sold.
E. 220,725 units.

Answers

The answer to this question will be C
B. 14,715 less units sold. Hope this helps

Company cost of capital Quark Productions ("Give your loved one a quark today.") uses its company cost of capital to evaluate all projects. Will it underestimate or overestimate the value of high-risk projects?

Answers

Quark Productions is more likely to overestimate the value of high-risk projects using its company's cost of capital unless it is using the weighted cost of capital.

The company's cost of capital should change to reflect the high-risk nature of each project. Again, the estimation of high-risk projects does not work with a single figure (cost of capital). Quark Production should evaluate high-risk projects separately, using reflective costs of capital.

Thus, if Quark Productions uses a single company's cost of capital to evaluate all projects, there will be an overestimation of the values of the high-risk projects.

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You are replacing a team’s leader and have noticed a number of team norms. If you are wondering how certain behaviors got established as acceptable, you should inquire about:

CHECK ALL THAT APPLY
- What behaviors research has shown are most productive for teams
- Patterns of behavior that were laid down during the forming stage, when the team was just starting out
- Explicit statements that influential people have made about what behaviors are good and bad
- Critical events in the team’s history that reinforced certain behaviors

Answers

Answer:

✘ What behaviors research has shown are most productive for teams

✔ Patterns of behavior that were laid down during the forming stage, when the team was just starting out  

✔ Explicit statements that influential people have made about what behaviors are good and bad  

✔ Critical events in the team’s history that reinforced certain behaviors

You should inquire about Patterns of behavior that were laid down during the forming stage, when the team was just starting out, Explicit statements that influential people have made about what behaviors are good and bad, and Critical events in the team’s history that reinforced certain behaviors. Thus, option B, C and D are correct.

What are patterns of behavior?

Chains of behavior is another name for behavior patterns, emphasizing its structure as a complex connection of simpler behavioral segments. They could be created through operant conditioning using different segments presented in the right sequence. referred to as a behavioral pattern.

Some actions can be picked up through experience. Any person can be conditioned to act a certain way, regardless of background. This can start as early as infancy. For instance, if you were raised in a home where someone struggles with anxiety, you may have picked up on coping mechanisms or ways of handling situations that are similar. This may thus create the appearance that you suffer from anxiety yourself, but this is not the case.

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Suppose that hiring a third worker at the campus coffee shop increases output from $135 per hour to $190 per hour. What is the marginal product of labor per hour from adding that third worker

Answers

Based on the information given the marginal product of labor per hour from adding that third worker is $55 per hour.

Using this formula

Marginal product of labor per hour  

=Change in sales/ Change in number of workers

Where:

Change in sales=($190 per hour-$135 per hour)

Change in number of workers=1

Let plug in the formula

Marginal product of labor=($190-$135)/1

Marginal product of labor=$55/1

Marginal product of labor =$55 per hour

Inconclusion the marginal product of labor per hour from adding that third worker is $55 per hour.

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A(n) _____ is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Answers

Workers who don't join a union must make payments equal to union dues and fees to get union representation services in an agency shop

A(n) agency shop is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.

Agency is a business relationship in which a principal gives a legal right to an agent to act on his behalf. The agent acts on behalf of the principal when dealing with a third party.

Therefore, workers who don't join union in an agency shop must pay equal union dues and fees.

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3 divide by 1.746 can you help The wave height is equal to twice the _____.wave period wave height wave amplitude wave velocity wavelength What are the roots of the equation x+2x+17=0 in simplest a+bi form? PE Plzzzz help meeeee plzzzzzz plzzzzzz Answer my question plzzzzzzzz!I will give Brainlest and points to the person who answers my question!!! PLEASE HELP WITH THIS ONE QUESTION A frog is an amphibian? moles Calculate the number of moles of 3.00 g of boron tribromide, pls give all numbers Mr townsend needs to make 13 pairs of butterfly for customers for a play. Each pair of wings is made with 3/4 yard of fabric. The fabric costs $8 per yard.Youll apply properties of multiplication in the following steps to find the total cost of fabric.1. Use multiplication to write an expression for the amount of fabric needed to make 13 pairs of wings.2. Multiply the amount of fabric by the price per yard to find an expression for the total costs.3. Use the associative and commutative properties to rearrange the terms in the expression to make it easier to calculate. Explain why the rearranged expression is easier to work with.4. Simplify your expression to find the total costs. show your work I need help with this please What is the maximum height above ground a projectile of mass 0.79 kg, launched from ground level, can achieve if you are able to give it an initial speed of 80.3 m/s? Andre rode his bike at a constant speed. He rode 1 mile in 8 minutes. Which of these equationsrepresents the amount of time tin minutes) that it takes him to ride a distance d of miles? What is the equation of the line shown in the graph? If j and k are intersecting lines, A and B are points on j, and C and D are points on k, how many planes contain points A, B, C, and D? A. We can't determine from the given information.O B. Exactly oneO C. Infinitely manyO D. None first three common factors of 3 and 9? How many moles are present in 1.39 grams of carbon? How is the graph of g(x) = [tex](x-10)^{2}[/tex] related to the graph of f(x)= [tex]x^{2}[/tex] How is Mercutio's curse an example of foreshadowing?A plague o' both your houses!They have made worms' meat of me.-William Shakespeare, Romeo and Juliet, Act III, scene i,111-112A. It predicts that Romeo will fall back in love with Rosaline.O OO B. It predicts the eventual pain the families will endure.O C. It predicts the death of the prince of Verona.O D. It predicts the sickness that Romeo will die from. which lipid composition option has the least membrane fluidity?