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 98 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
:D TYSM


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library