« previous next »

Author Question: The After Five Boutique took in 748,200 in sales during May. They started the month with inventory ... (Read 44 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jun 24, 2018
The After Five Boutique took in 748,200 in sales during May. They started the month with inventory worth 419,000 and spent 154,800 on new purchases during the month. Gross margin on sales was 40. Using the gross profit method, estimate the cost value of the inventory at the end of June.
 A) 385,100
  B) 124,880
  C) 134,880
  D) 724,250

Question 2

30 of the graduating class of North College received immediate job offers. If there were 650 graduating students, how many students received job offers?  The solution to the problem above is 21.667.
  Indicate whether the statement is true or false


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

This 11-month old girl demonstrates one of the abilites of a child of this age group - creating a to This 11-month old girl demonstrates one of the abilites of a child of this age group - creating a to
Sample inventory order form. Sample inventory order form.
Exploring Getting Started With Microsoft Windows 8 Exploring Getting Started With Microsoft Windows 8
Manage First: Inventory and Purchasing Manage First: Inventory and Purchasing
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library