Salvadore inc a local retailer has provided the following

Assignment Help Accounting Basics

Reference no: EM13571354

Salvadore Inc., a local retailer, has provided the following data for the month of September:

Merchandise inventory, beginning balance	$ 66,420
Merchandise inventory, ending balance	$ 65,600
Sales	$ 410,000
Purchase of merchandise inventory	$ 205,000
Selling expense	$ 24,600
Administrative expense	$ 82,000

The cost of goods sold for September was:

Reference no: EM13571354

Questions Cloud

Wat is the opportunity cost of investing in capitaldo you : what is the opportunity cost of investing in capital?do you think a country can over invest in capital?what is the cost

Logical fallacies abuse the power of ethos appeals true or : q1. logical fallacies abuse the power of ethos appealstruefalseq2. mister smith believes the cause of the plane crash

In measuring gdp from the expenditure side gdp c a ia ga : in measuring gdp from the expenditure side gdp c a ia ga nxa which of the following expenditures are included and

A specialized automatic machine costs 300000 and is : a specialized automatic machine costs 300000 and is expected to save 111837.50 per year while in operation.nbsp using

Salvadore inc a local retailer has provided the following : salvadore inc. a local retailer has provided the following data for the month of september nbspnbspmerchandise

You live in a town with 300 adults and 200 children and you : you live in a town with 300 adults and 200 children and you are thinking about putting on a play to entertain your

What is the present value of a bond that pays 340 one year : what is the present value of a bond that pays 340 one year from now and 5340 two years from now at a constant interest

Mean and standard deviation of 100 items are found to be : mean and standard deviation of 100 items are found to be 40 and 10 . if at the the time of calculation two items are

You purchase a bond for 875 it pays 80 a yearand the bond : you purchase a bond for 875. it pays 80 a year that is the semiannual coupon is 4 and the bond matures after 10 years.

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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!

Submit Assignment

User Account

All Pages