This topic contains a solution. Click here to go to the answer

Author Question: A company purchased a desk for 399, a chair for 139, a lamp for 89, and a table for 79 . The store ... (Read 187 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
A company purchased a desk for 399, a chair for 139, a lamp for 89, and a table for 79 . The store offered a discount of 100 for purchases totaling 400 or more. Compute the amount the company paid for the furniture.

Question 2

Happy Heart Exercise Equipment Company had a beginning inventory of 160,00 . at cost. During the month, Happy purchased and received 120,00 . in goods and had net sales of 130,000 . Throughout the month, Happy Heart Exercise Equipment Company maintained a 35 markup on all sales. Compute the ending inventory at cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

EAN94

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

606

Answer to Question 2

195,500




ericka1

  • Member
  • Posts: 544
Reply 2 on: Jun 24, 2018
Excellent


parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

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.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library