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 104 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?

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?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

CycleBeads help women use the Standard Days Method. CycleBeads help women use the Standard Days Method.
Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
Pavlov’s Method Pavlov’s Method
Linear programming problems using the simplex method. Linear programming problems using the simplex method.
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library