Concord corporation uses a periodic inventory system. details for the inventory account for the month of january 2017 are as follows:
units per unit price total
balance, 1/1/2017 240 $4.00 $960
purchase, 1/15/2017 120 ..4.20 504
purchase, 1/28/2017 120 ..4.40 528
an end of the month (1/31/2017) inventory showed that 190 units were on hand. if the company uses fifo and sells the units for $8.00 each, what is the gross profit for the month?
Answers: 1
Business, 21.06.2019 17:30
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Business, 21.06.2019 19:00
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Business, 22.06.2019 04:30
Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)
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Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
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Concord corporation uses a periodic inventory system. details for the inventory account for the mont...
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