User Account

All Pages

What was the gross margin for march

Assignment Help Accounting Basics
Reference no: EM132804222

Problem 1: On March 1st, Manav had six TVs ($200 cost). Each Monday this month (March 7 th, 14 th, 21 st, and 28 th), Manav purchased ten TVs from his supplier. The price increased to $210 on March 12th, but dropped to $205 on March 28th. Manav sold five TVs in week one (March 1st to 7th), eight in week two, eleven in week three, and six in week four. Assuming the selling price was $400 per TV and Manav uses the moving-weighted-average method, what was his gross margin for March?

Reference no: EM132804222

Questions Cloud

What amount should jay report for accounts receivable : What amount should Jay report for accounts receivable, before allowances for sales returns and uncollectible accounts, at December 31, 2020?
What the correct total of mann current net receivables was : On December 31, 2020, the correct total of Mann's current net receivables was?Selling price of unsold goods sent by Mann on consignment at 130% of cost
Identify the hypothesis or question being tested : Identify the hypothesis or question being tested. Provide any additional comments pertaining to other approaches to testing their hypothesis.
How microbes benefit human health : Summarize one example illustrating how microbes benefit human health. Can the removal of microbes actually lead to disease development
What was the gross margin for march : Assuming the selling price was $400 per TV and Manav uses the moving-weighted-average method, what was his gross margin for March?
Describes the pattern of interest expense for Federated : The machine's estimated useful life was six years with no salvage value. Describes the pattern of interest expense for Federated
Explain what are the substantive procedures would perform : Explain What are substantive procedures would perform to obtain evidence in relation to the existence of airplanes other than physically inspecting airplanes?
Describe the company and their cyber security plan : Describe the company, their Cyber Security Plan, and the issues in your group paper while including recommendations to improve issues.
Describe factors employed by the organism : Provide local epidemiological data/statistics for the organism - Categorize virulence factors by mechanisms of action (Immunity Avoidance, Tissue/Cell Lysis

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.

  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

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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