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 123 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?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

DNA sequencing by the dideoxy method DNA sequencing by the dideoxy method
In-line blending is the most accurate method for blending ethanol with gasoline because computers ... In-line blending is the most accurate method for blending ethanol with gasoline because computers ...
How to solve any percent change problem How to solve any percent change problem
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Computer-automated DNA sequencing using the chain-termination (Sanger) method Computer-automated DNA sequencing using the chain-termination (Sanger) method
Video: Neuron Type Animation

For a complete list of videos, visit our video library