subject
Business, 06.05.2021 18:10 Happypuppy1918

Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $34,000 in inventory. During the quarter the company purchases $8,500 of new inventory from a vendor, returned $1,100 of inventory to the vendor, and took advantage of discounts from the vendor of $240. At the end of the quarter the balance in inventory is $28,500. What is the cost of goods sold

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:20
Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports
Answers: 2
question
Business, 22.06.2019 06:00
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.rahal's accounts receivable at december 31, 2018, are:
Answers: 2
question
Business, 22.06.2019 21:00
You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?
Answers: 3
question
Business, 23.06.2019 02:50
Which of the following will be a source of cash flows for a shareholder of a certain stock? i. sale of the shares at a future date ii. the firm in which the shares are held paying out cash to shareholders in the form of dividends iii. the firm in which the shares are held increasing the total number of shares outstanding through a stock split
Answers: 2
You know the right answer?
Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $3...
Questions
question
Social Studies, 17.10.2021 14:00
question
English, 17.10.2021 14:00
question
Mathematics, 17.10.2021 14:00
Questions on the website: 13722363