Discuss what is gross margin if inventory

Assignment Help Accounting Basics
Reference no: EM131749524

What is gross margin if inventory is 60000 at the beginning of the year. during the year purchases(inventory) is equal to 625000 and sales(inventory) is equal to 950000. at the end of year inventory in hand was 50000.

Reference no: EM131749524

Questions Cloud

What is the total number of opportunities for unpaid invoice : Constructing a p chart for unpaid invoices. The controller's office of a corporation is concerned that invoices that remain unpaid after 30 days are damaging.
Discuss the balance sheet for the rich food restaurant : the balance sheet for the Rich Food Restaurant showed cash at $20,000. At the end of Year 2, the balance sheet showed $40,000 in cash
Chart of the daily proportion of mishandled baggage reports : Constructing a p chart for mishandled baggage. The Department of Transportation reports that 3.22 of every 1000 passengers on domestic flights.
What are ethical issues related to barbara brockmans idea : Answer the following questions (# your responses): What are the ethical issues related to Barbara Brockman's idea? What would you tell Barbara Brockman?
Discuss what is gross margin if inventory : What is gross margin if inventory is 60000 at the beginning of the year. during the year purchases(inventory) is equal to 625000
Constructing a p chart for damaged eggs : Constructing a p chart for damaged eggs. An egg farm wants to monitor the effects of some new handling procedures on the percent of eggs arriving.
What are the total equivalent units for direct materials : What are the total equivalent units for direct materials using the FIFO method if materials were added at the beginning of the process
What proportion of revenues is derived from property taxes : What proportion of revenues is derived from property taxes? Do the notes clearly indicate recognition criteria for primary revenue sources?
Calculating the p chart limits for school absenteeism : Calculating the p chart limits for school absenteeism. Here are data from an urban school district on the number of eighth-grade students with three or more.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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