![Champion9701](/avatars/36737.jpg)
Champion9701
11.11.2020 •
Business
A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2018. Accounting records on that date indicated the following: Merchandise inventory, January 1, 2018 $ 1,900,000 Purchases to date 5,800,000 Freight-in 400,000 Sales to date 8,200,000 The gross profit ratio has averaged 20% of sales for the past four years. Required: Use the gross profit method to estimate the cost of the inventory destroyed in the fire.
Solved
Show answers
More tips
- A Auto and Moto Experience the World of the Most Expensive Cars on the Planet...
- S Style and Beauty How to Get Rid of a Double Chin?...
- F Food and Cooking How to Cook Julienne? Recipes and Tips...
- D Dating, Love, Relationships 10 Useful Tips on How to Survive a Breakup?...
- F Food and Cooking Apple Cider Vinegar: The Ultimate Health and Beauty Solution...
- C Computers and Internet Е-head: How it Simplifies Life for Users?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
Answers on questions: Business
- M Mathematics An economist claims that the proportion of people who plan to purchase a fully electric vehicle as their next car is greater than 65%. To test this claim, a random sample...
- M Mathematics 2triangle jkl has vertices j(2,5) , k(1,1) and l(5,2) triangle npq has vertices n(-3,0) p(-7,1) and q(-4,4)...
- S Social Studies **20 POINTS**Determine which court completes the diagram....
- M Mathematics What is the slope for 5x+2y=6...
- P Physics Two samples of dirt are collected from a suspect s tread in his shoe and a crime scene. she notes very similar characteristics. which of these would be the least important...
Ответ:
The ethics of responsibility that compliance to corporare the law organizations
Ответ: