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Algebra

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A polynomial of degree zero is a constant term

The grouping method of factoring can still be used when only some of the terms share a common factor A True B False

The sum or difference of p and q is the of the x-term in the trinomial

A number a power of a variable or a product of the two is a monomial while a polynomial is the of monomials

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Q: Given:gross sales, $170,000; sales returns and allowances, $9,000; beginning inventory, $8,000; net purchases, $18,000; ending inventory, $5,000; and operating expenses, $56,000?
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Related questions

Cost of inventory should be classified as?

expense


Explain the decrease of inventory on a cash flow statement?

decrease in inventory will be shown as increase in cash in cash flow from operating activities as this is increasing the cash.


What is operating cycle in accounting management?

Operating cycle is the time which required by the business from acquiring inventory to production and selling of products and generating revenue.


How do you improve the cash operating cycle?

The cash operating cycle is a function of how quickly you pay your accounts payable, how quickly you sell your inventory, and how quickly you collect your sales (accounts receivable):Cash operating cycle = Average days' inventory + Average days' accounts receivable - Average days' accounts payable.To reduce the cash operating cycle:sell inventory more quickly,collect sales/accounts receivable more quickly orpay accounts payable more slowly.


Important of inventory?

Keeping track of your inventory is highly important when operating a successful business. Knowing what you have in stock or when you need to order something before you run out of stock will keep customers happier.


Difference between operating cash flow and gross profit?

Gross profit = sales revenue - cost of goods sold Operating Cash Flow = net income (after all expenses) + increase in operating liabilities (payables, etc) - increase in operating assets (receivables, inventory, etc)


What is the operating cycle of a merchandising company?

The normal operating cycle of a service company includes the following steps : 1. Perform services. 2. Accounts Recievable 3. Get cash There are no goods involved. Only a service has to be performed, thus no dependencies from suppliers etc. The operating cycle of a merchandising company has some additional steps 1.Buy inventory 2. Sell inventory 3. Accounts recievable 4. Get cash The goods have to be ordered from suppliers of wholesalers and stored. Then goods from inventory are sold.


Do you include Inventory parts in calculating current assets?

Yes, inventory has to be included in current assets since a compny can reasonably expect to convert to cash, sell, or consume it within one year of its normal operating cycle.


Cash operating cycle?

The cash conversion cycle (Operating Cycle) is the length of time between a firm's purchase of inventory and the receipt of cash from accounts receivable. It is the time required for a business to turn purchases into cash receipts from custome.


What is a system call in computing?

A system call is the beginning of an operating system routine. If a person wants to execute a program, the operating system uses a system call to initiate the routine.


What is the functions of leasing company?

Financial Products and Services Equipment Financing Receivables Financing Inventory Financing Finance Lease Operating Lease Money Market


Does sales minus operating expenses equals gross profit?

Not really...Gross profit = Net sales - Cost of goods soldThe profit on an item is not dependent upon all of your operating expenses. You would include operating expenses to determine net income for the business, but not to calculate gross profit for the sale of inventory.


The main difference between operating cycle and cash conversion cycle?

The cash cycle starts when you pay your supplier and ends when your buyer pays you. The operating cycle starts with acquiring of inventory or raw material ands ends with receipt of payments of your good.


What are the net sales of a company that has the following account balance sales 563400 sales returns and allowances 18690 cost of goods sold 371560 operating expenses 123520?

Sales 563400less:sales return 18690Net Sales 544710


What are the services rendered by leasing company?

Financial Products and Services Equipment Financing Receivables Financing Inventory Financing Finance Lease Operating Lease Money Market


What are the daily expenses of operating a thrift shop?

The daily expenses of operating a thrift store tend to be the same as other stores, with the exception of inventory. Such expenses include staff, rent, utilities. The difference between a thrift store and other stores is that inventory is usually donated. Also, some thrift stores primarily use volunteers instead of staff but even in that case the manager is usually paid.


Why do income statements for internal purposes differ to published income statements?

The difference in operating income between the two methods is the difference in ending inventory values, which is the fixed overhead costs that have been capitalized as an asset ( inventory ) because overhead costs that have been capitalized as an asset.


Objectives of logistics management?

There are many objectives of logistics management. They include operating objectives, rapid response, minimum inventory, minimum variance, movement consolidation, and quality improvement.


What are the services for a firm provided by a leasing company?

Financial Products and Services Equipment Financing Receivables Financing Inventory Financing Finance Lease Operating Lease Money Market


What causes operating loss in a restaurant business?

Lots of things could contrbute to problem Like: Food cost, are employees consuming food not accounted for? Inventory is part of food cost as well, make up for damaged goods. Stolen inventory. Proper inventory managment, .... proper employee scheduling, reducing overtime. Customer service, Quality. Location....... Store hours?


What do you understand by operating cycle?

once the business has purchased inventory, those funds are not available for other uses. The business views this as an acceptable tradeoff because the inventory is an investment that will hopefully generate returns, but keeping the operating cycle short is still a goal for most businesses so they can keep their liquidity high.Keeping inventory during a long operating cycle does not just tie up funds. Inventory must be stored and this can become costly, especially with items that require special handling, such as humidity controls or security. Furthermore, inventory can depreciate if it is kept in a store too long. In the case of perishable goods, it can even be rendered unsalable. Inventory must also be insured and managed by staff members who need to be paid, and this adds to overalloperating expenses.There are cases where a long operating cycle in unavoidable. Wineries and distilleries, for example, keep inventory on hand for years before it is sold, because of the nature of the business. In these industries, the return on investment happens in the long term, rather than the short term. Such companies are usually structured in a way that allows them to borrow against existing inventory or land if funds are needed to finance short-term operations.Operating cycles can fluctuate. During periods of economic stagnation, inventory tends to sit around longer, while periods of growth may be marked by more rapid turnover. Certain products can be consistent sellers that move in and out of inventory quickly. Others, like big ticket items, may be purchased less frequently. All of these issues must be accounted for when making decisions about ordering and pricing items for inventory.Q.4 What is the implication of operating leverage for a firm.Ans.Operating leverage: Operating leverage is the extent to which a firm uses fixed costs in producing its goods or offering its services. Fixed costs includeadvertising expenses, administrative costs, equipment and technology, depreciation, and taxes, but not interest on debt, which is part of financial leverage. By using fixed production costs, a company can increase its profits. If a company has a large percentage of fixed


What is Net operating working capital?

It is similar but without any interest bearing current liabilities so.. NOWC = (Cash and equivalents + accounts receivable + inventory) - (accounts payable + accruals)


What factors determine the need for cash in the firm's operation?

Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).


What is a misconception of file names beginning with Windows 95?

only Dos-based operating systems use dot-three file extensions


What are the different between an operating cycle and a cash conversion cycle?

Operating cycle is the period in which company purchase raw material and good manufactured from that raw material while cash cycle is investing cash in inventory to manufacture the goods and selling the goods and earning cash from that sales and after that collecting cash from debtors.