Acompany purchased inventory for $ 75 comma 000 from a vendor on account, fob shipping point, with terms of 3/10, n/30. the company paid the shipper $ 1 comma 800 cash for freight in. the company paid the vendor nine days after the invoice date. if there was no beginning inventory, the cost of inventory would be (assume a perpetual inventory system.)
Solved
Show answers
More tips
- H Health and Medicine What to Take with You to the Maternity Hospital?...
- F Family and Home How to Choose the Perfect Air Conditioner for Your Life...
- H Health and Medicine Discover the Hidden Principles and Real Results of the Japanese Diet...
- H Health and Medicine Understanding Pregnancy Tests: What You Need to Know?...
- H Health and Medicine What Makes a Man a Man?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
- F Family and Home How to Get Rid of Your Neighbors?...
- S Society and Politics How Could Nobody Know About the Dead Mountaineers?...
- H Health and Medicine How to Cure Adenoids?...
Answers on questions: Business
- B Business A factory can produce cars and trucks. If the price of cars increases, then the supply of trucks will stay the same decrease Increase...
- B Business An employee earned $43,400 during the year working for an employer when the maximum limit for Social Security was $128,400. The FICA tax rate for Social Security...
- B Business Identify and explainthe benefits and problems associated with high economic growth...
- B Business Which type of retailer offers a wide choice of products and high-quality service?...
- B Business How much wood could a wood chuck chuck if a woodchuck could chuck wood?...
- B Business Developing an awareness of your perceptions is an important part of...
- B Business Identify the current status items that would be most toward becoming a roofer. check all that apply. 1 i am physically fit and strong. 2 i am good at giving presentations....
- H History I need some help. History is kicking my behind....
- M Mathematics 2 5 ( 1 3 x− 15 8 )− 1 3 ( 1 2 − 2 3 x)...
- M Mathematics Please help ill reward brainliest...
Ответ:
If there was no beginning inventory, the cost of inventory would be $74550.
Explanation:
Cost of inventory = 75000*(1 - 0.03) + 1800
= $74550
Therefore, If there was no beginning inventory, the cost of inventory would be $74550.
Ответ: