This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The method of inventory estimation using a company's gross margin percent to estimate the ending ... (Read 117 times)

khang

  • Hero Member
  • *****
  • Posts: 569
on: Jun 24, 2018
The method of inventory estimation using a company's gross margin percent to estimate the ending inventory is called the net income method.
  Indicate whether the statement is true or false

Question 2

Hard Blues Music buys CDs with a list price of 32,000. If the wholesaler offers trade discounts of 3/2/1, find the net price factor.
 A) 0.35005
  B) 0.65021
  C) 0.94109
  D) 0.52484


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


khang

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jun 24, 2018
Thank you


alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

CycleBeads help women use the Standard Days Method. CycleBeads help women use the Standard Days Method.
Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
Derivative using delta method Derivative using delta method
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Remote satellite monitoring of gross primary productivity across the United States. The differences Remote satellite monitoring of gross primary productivity across the United States. The differences
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library