In marketing, for consumer behavior, which adopter category do most people belong to? Does this differ with different product categories? Is age a factor in innovation behavior?
In: Operations Management
In: Biology
The saving rate in the United States is low compared to many of the countries with which the United States currently trades. If the United States was a closed economy, what would be the consequences of that low savings rate? The United States is not a closed economy however, but rather than an open economy. How does that change the answer to the closed economy scenario? Be thorough in your explanation.
In: Economics
Let X be the space of all continuous functions from [0, 1] to [0, 1] equipped with the sup metric. Let Xi be the set of injective and Xs be the set of surjective elements of A and let Xis = Xi ∩ Xs. Prove or disprove: i) Xi is closed, ii) Xs is closed, iii) Xis is closed, iv) X is connected, v) X is compact.
In: Advanced Math
In: Nursing
Sindh Industrial Relations Act was enacted on 28th
March, 2013. This law applies to
all persons employed as workers in all establishments/organizations
working in the province
of Sindh. This law, however, does not apply to persons employed by
few establishments/
organizations. List out such
establishments/organizations.
ii) What is the objective of this
law?
iii) Can you distinguish between strike and
lock-out?
iv) Who is Collective Bargaining Agent and what are its
rights?
In: Economics
In: Statistics and Probability
Sunland Company began operations on January 1, 2019, adopting the conventional retail inventory system. None of the company’s merchandise was marked down in 2019 and, because there was no beginning inventory, its ending inventory for 2019 of $38,800 would have been the same under either the conventional retail system or the LIFO retail system. On December 31, 2020, the store management considers adopting the LIFO retail system and desires to know how December 31, 2020, inventory would appear under both systems. All pertinent data regarding purchases, sales, markups, and markdowns are shown below. There has been no change in the price level. Cost Retail Inventory, Jan. 1, 2020 $38,800 $60,000 Markdowns (net) 13,100 Markups (net) 22,100 Purchases (net) 130,800 181,300 Sales (net) 167,500 Determine the cost of the 2020 ending inventory under both (a) the conventional retail method and (b) the LIFO retail method. (Round ratios for computational purposes to 2 decimal place, e.g. 78.72% and final answers to 0 decimal places, e.g. 28,987.) (a) Ending inventory using conventional retail method $enter a dollar amount rounded to 0 decimal places (b) Ending inventory LIFO retail method $enter a dollar amount rounded to 0 decimal places
In: Accounting
Grouper Company began operations on January 1, 2019, adopting
the conventional retail inventory system. None of the company’s
merchandise was marked down in 2019 and, because there was no
beginning inventory, its ending inventory for 2019 of $37,700 would
have been the same under either the conventional retail system or
the LIFO retail system.
On December 31, 2020, the store management considers adopting the
LIFO retail system and desires to know how the December 31, 2020,
inventory would appear under both systems. All pertinent data
regarding purchases, sales, markups, and markdowns are shown below.
There has been no change in the price level.
|
Cost |
Retail |
|||||
|---|---|---|---|---|---|---|
|
Inventory, Jan. 1, 2020 |
$37,700 | $60,500 | ||||
|
Markdowns (net) |
13,000 | |||||
|
Markups (net) |
22,000 | |||||
|
Purchases (net) |
133,500 | 177,500 | ||||
|
Sales (net) |
168,600 | |||||
Determine the cost of the 2020 ending inventory under both (a) the
conventional retail method and (b) the LIFO retail method.
(Round ratios for computational purposes to 2 decimal
place, e.g. 78.72% and final answers to 0 decimal places, e.g.
28,987.)
| (a) |
Ending inventory using conventional retail method |
($enter a dollar amount rounded to 0 decimal places) |
||
|---|---|---|---|---|
| (b) |
Ending inventory LIFO retail method |
($enter a dollar amount rounded to 0 decimal places) |
In: Accounting
Sage Company began operations on January 1, 2019, adopting the
conventional retail inventory system. None of the company’s
merchandise was marked down in 2019 and, because there was no
beginning inventory, its ending inventory for 2019 of $38,000 would
have been the same under either the conventional retail system or
the LIFO retail system.
On December 31, 2020, the store management considers adopting the
LIFO retail system and desires to know how the December 31, 2020,
inventory would appear under both systems. All pertinent data
regarding purchases, sales, markups, and markdowns are shown below.
There has been no change in the price level.
|
Cost |
Retail |
|||||
|---|---|---|---|---|---|---|
|
Inventory, Jan. 1, 2020 |
$38,000 | $61,200 | ||||
|
Markdowns (net) |
12,700 | |||||
|
Markups (net) |
21,600 | |||||
|
Purchases (net) |
133,300 | 177,600 | ||||
|
Sales (net) |
169,900 | |||||
Determine the cost of the 2020 ending inventory under both (a) the
conventional retail method and (b) the LIFO retail method.
(Round ratios for computational purposes to 2 decimal
place, e.g. 78.72% and final answers to 0 decimal places, e.g.
28,987.)
| (a) |
Ending inventory using conventional retail method |
$enter a dollar amount rounded to 0 decimal places | ||
|---|---|---|---|---|
| (b) |
Ending inventory LIFO retail method |
$enter a dollar amount rounded to 0 decimal places |
In: Accounting