Calculate the goods available for sale for atlantis company

Assignment Help Financial Accounting
Reference no: EM132946970

Question - Calculate the goods available for sale for Atlantis Company, in units and in peso amounts, given the following facts about their inventory for the period:

Number of Units Cost per unit

Beginning inventory P140 P75

Purchased goods during the period 240 77

Sold goods during the period 80 125

Purchased goods during the period 220 80

Reference no: EM132946970

Questions Cloud

Write a summary that identifies two organizational behavior : Write a summary that identifies two organizational behavior theories or concepts (ones that have been studied in class) and explain how they apply to the events
What is the standard deviation of the stock returns : The average return of the stock over this period was 9.5 percent. What is the standard deviation of the stock's returns
Explain what types of words use to build nursing word cloud : What types of words would you use to build a nursing word cloud? Empathetic, organized, hard-working, or advocate would all certainly apply.
Potential negative of guests generating content : 1. What is the positive and potential negative of guests generating content about events?
Calculate the goods available for sale for atlantis company : Calculate the goods available for sale for Atlantis Company, in units and in peso amounts, given the following facts about their inventory for the period
Analyze the role of the advanced practice nurse : Analyze the role of the advanced practice nurse in the changing health care environment. How will this role augment physicians' practices?
Can similar interventions be applied to community : Can similar interventions be applied to your community and its TB prevalence? What considerations need to be addressed within your community
How community compares to county : How community compares to county, state, or national data for the same topic. Was the incidence and prevalence of each higher or lower than you expected?
Role of grocery sales in amazon : Compare the role of grocery sales in amazone ans walmart's business

Reviews

Write a Review

Financial Accounting Questions & Answers

  Develop information gathering and communication strategies

Learning Outcome: Develop information gathering (research) and communication strategies to enable the provision of professional advice to a client

  Amount of net cash flows from operating activities

The accountant for Erica’s Dress Shop prepared the following cash budget. Erica’s desires to maintain a cash cushion of $17,000 at the end of each month. Complete the cash budget by filling in the missing amounts. Determine the amount of net cash flo..

  Certification to become a certified fraud examiner

Which purports to be an organization that provides testing and certification to become a certified fraud examiner (CFE). ACFEI is not to be confused with ACFE, which is a legitimate CFE training and certification organization.

  Prepared at the date of the acquisition combination

Fine Co. issued its common stock in exchange for the common stock of Dandy Corp. in an acquisition. At the date of the combination, Fine had land with a book value of $520,000 and a fair value of $595,000. Dandy had land with a book value of $230,000..

  Which pro-rata share rights offer means that the offer

Which pro-rata share rights offer means that the offer? must be made to bond holders and shareholders who get their offer in before a cut-off date.

  Determine what amount of total assets of the company

Determine what amount of total assets of the company? What percentage is fixed assets, such as plant and equipment? What percentage is current assets?

  Compute gross profit for the black and navy divisions

Marian Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year: Black Division Navy Division Sales (net) $700,000 $320,000 Salary expense 20,000 40,000 Cost of goods sold ..

  Prepare a trial balance at may

Prepare a trial balance at May. Post the entries to the accounts and enter the balance after each posting. Prepare journal entries to record the transactions.

  Meyers should increase liability by what amount

If taxable amounts related to the temporary difference are scheduled to be reversed by $300,000 for both 2011 and 2012, Meyers should increase or decrease deferred tax liability by what amount?

  How will the shareholder be taxed

Green Corporation (a calendar year taxpayer) had a deficit in accumulated E&P of 250000 at the beginning of the current year. Its net profit for the period January 1 through July 30 was 300000, but its E&P for the entire taxable year was only 40000. ..

  List long-term liabilities associated with transaction

September 30th and mature in installments. The first $1,000,000 installment is due September 30, 2019. List long-term liabilities associated with transaction.

  Calculate the dollar-denominated returns for each scenario

Suppose now the investor also sells forward £18,000 at a forward exchange rate of $1.95/£. Calculate the dollar-denominated returns for each scenario

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd