Business
Business, 06.04.2021 03:40, reese4232

Ballard Company uses the perpetual inventory system. The company purchased $10,000 of merchandise from Andes Company under the terms 2/10, net/30. Ballard paid for the merchandise within 10 days and also paid $450 freight to obtain the goods under terms FOB shipping point. All of the merchandise purchased was sold for $19,000 cash. What is the amount of gross margin that resulted from these business events

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 12:40, notorius315
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
image
Business, 22.06.2019 18:30, miller5452
Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?
Answers: 1
image
Business, 22.06.2019 21:30, sarahelisabeth444
China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.
Answers: 3
image
Business, 22.06.2019 23:00, shifaxoxoxo
What is the purpose of the us international trade association?
Answers: 2
Do you know the correct answer?
Ballard Company uses the perpetual inventory system. The company purchased $10,000 of merchandise fr...

Questions in other subjects:

Konu
Physics, 15.02.2021 19:40
Konu
Mathematics, 15.02.2021 19:40