bethyboop8476 bethyboop8476

23-12-2022
Business

Answered

on january 1, 2024, olson corporation adopted the dollar-value lifo retail inventoryu method. beginning inventory at cost and at retail were 190000 and 268800, respectively. net purchases during the year at cost and at retail were 651,200 and 806,000, respectively. markups during the year were $8,000. there were no markdowns. net sales for 2024 were 783,550. the retail price index at 1.05./ what is the invfentory balance that olsson would report in its 12/31/2024 balance sheet

Answer :

Other Questions

consider two products a and b that have identical cost, retail price and demand parameters and the same short selling season. the newsvendor model is used to ma

a construction company entered into a fixed-price contract to build an office buithe following transactions occurred during march 2024 for the right corporation

on august 31, a hurricane destroyed a retail location of blossom's clothier including the entire inventory on hand at the location. the inventory on hand as of

a supplier for an electronics store has introduced quantity discounts to encourage larger order quantities of cameras. the price schedule is: quantity purchased

the mosality corporation incurs the following estimated annual costs in making a part for one of its products: total costs for 20,000 units cost per unit direct

tegrated potato chips just paid a $1 per share dividend. you expect the dividend to grow steadily at a rate of 4% per year. what is the expected dividend in eac

consider a one-step binomial tree on stock with a current price of $60 that can go either up to $70 or down to $50 in 1 year. the stock does not pay dividend an

what is the net present value of a project with the following cash flows if the discount rate is 12 percent?

uri is considering a 10-year project. the cost of the equipment and building will be $2.46 million. they will be depreciated straight-line to a zero book value

a taxpayer bought a rental real estate property in year 1 for $200,000. for years 1 and 2 the following was reported: year property year income (loss) agi 1 ($2