Determine which of the following statements is correct regarding the relationship of ending inventory and beginning inventory.
A. The beginning inventory of the current period is the beginning inventory of the previous period.
B. The beginning inventory of the previous period is the ending inventory of the current period.
C. The ending inventory of the previous period is the ending inventory of the current period.
D. The ending inventory of the previous period is the beginning inventory of the current period.

Answers

Answer 1

The relationship between ending inventory and beginning inventory is ending inventory of the previous period is the beginning inventory of the current period.

Ending inventory is inventory that remains unsold at the end of a particular period of time. Beginning inventory is inventory that a business has in stock at the beginning of a particular period.

Ending inventory is a function of beginning inventory, cost of goods purchased, cost of goods sold.

Ending inventory = beginning inventory + cost of good bought - cost of good sold.

To learn more about ending inventory, please check: https://brainly.com/question/8175598


Related Questions

Each of the following is a reason to export data except ___

To gave the same data in a database

To use data from your database

To create a pie graph

To send some data from a database to a client.

Answers

Explanation:

D

most data exports are for backing up purposes, creating presentation and ability to access old files

. Suppose that a farmer grows wheat, which she sells to a miller for $10. The miller turns the wheat into flour, which she sells to a baker for $55. The baker turns the wheat into bread, which she sells to consumers for $140. Consumers eat the bread. What is GDP in this economy

Answers

Based on the various amounts that the bread was sold for to different people, the GDP in the country is $140

The GDP in a country refers to the final value of goods and services produced in the country and not the intermediate value.

This is done to avoid the phenomenon known as double counting which can inflate GDP.

The GDP here is therefore the final price of the bread which is $140.

Find out more about double counting at https://brainly.com/question/1112587.

1
2
3
4
5
6
7
8
10
In choosing a career, your personal resources are defined as
the amount of money you require to accept the job when first hire
b. who you are and what you have to offer an employer
your career decisions and goals
d. whether or not you have transportation to and from work
Please select the best answer from the choices provided

Answers

i would think the answer is option b

Which of the following accounts would Carlo credit when a customer who bought three dozen pastries and muffins from his bakery paid $55 in cash?

Answers

Based on the nature of the transaction described above, the account that would be credited is Revenue

Revenue is the amount that is received when a person or company sells a good or service.

By selling the pastries, Carlo jus earned some revenue. This revenue should therefore be posted to the revenue account. When revenue increases - as it just did - it is credited.

In conclusion, Carlo should credit the Revenue account.

Find out more about revenue at https://brainly.com/question/16232387.

Help bell buissness help bell bel

Answers

Question

Increasing the M3 expansionary monetary policy will do

Which of the following?

Answer

A. it will increase the money supply

HEY!!^^

have a good day°^^

thank me later^^°

carryonlearing^^

Answer:A It will increase the money supply.

Explanation:

Last year during the beginning of the Pandemic, name 5 household products people were hoarding?

Answers

Answer: Toiletry, Food, Cleaning items, Water

Explanation:

toilet rolls, food, water, cleaning products

Dalia makes a little more money than she spends on her daily expenses and wants to put the extra away in a separate account in case she needs it for an emergency. Which type of account would be the best option for Dalia?​

Answers

the answer would be a savings account

Consider a favorite product or service of yours. What is it you value, and
what matters most? Can you develop clear requirements from this? And
Categorize your requirements revealed through the value you perceive into
‘Basic Quality’, ‘Spoken Performance’, and ‘Excitement Quality’ features,
2-2) And Taking your example from questions 1 put yourself in the place of
the supplier; how might you access customer requirements such as the
ones you noted?

Answers

Based on the information given, a favorite product of mine will be a mobile phone and it provides me with several values such as communication, taking pictures, etc.

The values that can be gotten from mobile phones will be communication, managing professional meetings, and emails, making purchases on online stores, capturing photos and videos.

Also, the most important feature of the mobile phone that I like is the camera and its connectivity.  The requirements that I like in a mobile phone include camera features, clarity of calls, and ease of access.

In conclusion, as a supplier, I will create a feedback mechanism in order to get information from consumers regarding the products.

Learn more about values on:

brainly.com/question/25528419

During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.

The estimated warranty costs related to dollar sales are 2% within 12 months following the sale and 4% in the second 12 months of the sale.

The sale and actual warranty expenditures for the years ended December 31, 2011, and 2012 are as follows:

Sales Actual warranty expenditures
2011 150,000 2,250
2012 250,000 7,500
Total 400,000 9,750
What amount should Gum report as warranty expense on its 12/31/2012 Income Statement?

Answers

The amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.

First step is to calculate the estimated cost related to dollar sales

Estimated cost related to dollar sales=2%+4%

Estimated cost related to dollar sales= 6%

Second step is to calculate the estimated warranty expense that should be reported

Estimated warranty expense =(400,000×6%)-Total of actual warranty expenditures of $9,750

Estimated warranty expense=$24,000-$9,750

Estimated warranty expense=$14,250

Inconclusion the amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.

Learn more about warrantee expense here:https://brainly.com/question/14070965

Five-A-Day, a company that produces and distributes organic vegetables for grocery stores, wants to market its vegetables in such a way that children will want to buy them. To accomplish this, the company creates an advertising campaign that features children dressed up in vegetable costumes attending a Halloween party and eating vegetables and dips as a snack. The company also packages cut up vegetables in grab-and-go containers in fun shapes and colorful designs to attract children's attention in the grocery store. Which marketing function does this scenario most closely describe?
A. grading
B, buying
C. selling
D. promoting
E. marketing research

Answers

The marketing function that this scenario best describes is marketing research, which is performed to collect data that will assist in the development of the company's marketing strategy.

We can see that Five-A-Day conducts marketing research by creating advertising campaigns that encourage the consumption of its products to its target audience, which are children.

Therefore, marketing research is an essential step for companies to segment their market through important information about the consumer's profile, preferences and needs.

In this way, the company makes better strategic decisions to increase its market position.

The correct alternative is letter E.

Find out more information about marketing research here:

https://brainly.com/question/24906199

This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many conversations with friends can he have to efficiently use his time? 0 1 4 6

Answers

In order to efficiently use his time, the conversations with friends Pete can have is 4.

The production possibilities curve depicts the ways two goods can be combined in order to fully utilise resources. The PPC is concave to the origin.

Points on the curve indicate an efficient level of production.  Point outside the PPC means that the production level is not attainable given the level of resources . Points inside the PPC indicates that resources are not been fully utilized.  

If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.

Please find attached an image showing the required graph. To learn more about the PPC, please check: https://brainly.com/question/8074245

When assets are pooled into financial instruments such as collateralized mortgage obligations (CMOs) to better facilitate selling them to the general public, the process is known as

Answers

It should be noted that When assets are pooled into financial instruments such as Collateralized Mortgage Obligations (CMOs) to better facilitate selling them to the general public the process is known as:

Securitization

Securitization helps in a process which involves the pooling of asset in order to make their selling to be faster and make the public to be aware of it.

Therefore, securitization is When assets are pooled into financial instruments such as Collateralized Mortgage Obligations.

Learn more about securitization at;

https://brainly.com/question/8760054

Help help help help help help please please

Answers

Answer:

C. it allows them to collect income tães from employees

did I click THE RIGHT ONE CAN SOMEONE HELP ME OUT PLEASE

Answers

Answer:

what did you click

Explanation:

regional economic intergration in india

Answers

Answer:

the india is regional economic in EST asia

For this firm, the average revenue when 14 units are produced and sold is a. $15. b. $13. c. $9. d. $11.

Answers

I think it's A or D but I'm not sure

What is Revenue?
What is Expense?

Answers

Answer: Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations and Expenses are the costs required for something; the money spent on something.

Phil's qualified education expenses for the year are $34,000. He claims a $2,500 American Opportunity Credit (based on $4,000 of his expenses). If Phil receives a $40,000 ESA distribution that includes $4,000 in earnings, how much of the entire ESA distribution will he receive tax-free

Answers

Based on the information given, the amount that will be tax-free from the ESA distribution will be $39000.

From the information given, the eligible education expenses will be:

= $34000 - $4000

= $30000

The tax free portion will be:

= (4000 × 30000) / 40000

= $3000

The total tax-free distribution will be:

= Contributions + Earnings

= $36000 + $3000

= $39000

Learn more about tax on:

https://brainly.com/question/1133253

Discounting a stream of benefits is defined as
a. a single-period valuation model that converts a benefits stream into value by dividing the benefits stream by a rate of return that is adjusted for growth.
b. a single-period valuation model that converts a benefits stream into value by dividing the benefits stream by a rate of return that does not consider growth.
c. a multi-period valuation model that converts revenue into value by discounting the revenue stream by a rate of return.
d. a multi-period valuation model that converts a future series of benefit streams into value by discounting them to present value.

Answers

Answer: D

Explanation:

I need help with writing a case analysis report. can someone please be of help?

Answers

Based on academic writing research, writing a case analysis report, you need to follow some specific steps, which begin with "Reading and Assessing the Case thoroughly."

Other steps you would need to take include the following:Focus your cases analysisDetect possible solutions or changes requiredChoose the best solutionComplete the case analysis

However, note that the case analysis report will have the following body:

IntroductionBackgroundEvaluation of the caseProposed solutionRecommendation.

Hence, in this case, it is concluded that writing a case analysis report requires you to follow specific steps.

Learn more about the Case analysis report here: https://brainly.com/question/24377242

You receive an email that you have won $100. For the company to transfer the money to your account, they need access to your bank routing number. What is the BEST way to handle this situation?


A. Reply with the information asked for.


B. Ask for further verification to prove that this is a legit company.


C. Request that they send you the money via an electronic gift card.


D. Click on the company’s logo so you can verify they have a real website.

Answers

Answer:

B

Explanation:

The BEST way to handle this situation is to ask for further verification to prove that this is a legit company.

What does verification means?

This is when an individual ensures that the information he or she receives is genuine. The reason is to prevent fraud from the person sending an email.

Hence, the BEST way to handle this situation is to ask for further verification to prove that this is a legit company.

Learn more about verification here : https://brainly.com/question/14378421

#SPJ2

2. It is estimated that over 100,000 students will apply to the top 30 MBA programs in the United States this year. a. Using the concept of net present value and opportunity cost, explain when it is rational for an individual to pursue an MBA degree. b. What would you expect to happen to the number of applicants if the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent? Why?

Answers

It will be rational for an individual to pursue an MBA degree when the net present value (NPV) is positive.

In order for the individual to know if tp pursue the degree, the net present value should be calculated and when it's positive, then the degree should be pursued.

In a situation where the NPV is negative, the degree should not be pursued. When the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent, the number of applicants for the MBA degree will increase.

Learn more about NPV on:

https://brainly.com/question/7254007

explain why a business that is small enough to be managed by one or a few people and does not require a large amount of capital would be good for a proprietorship

Answers

A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.

This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.

Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.

Learn more about sole proprietorship here:

https://brainly.com/question/4442710

During the external audit of Indico Ltd, which provides industrial maintenance services, the audit senior discovered that the operations director, with the approval of the other directors of Indico, had instructed employees to breach statutory health and safety regulations so that the company would benefit from cost savings. Explain the audit senior’s and the audit firm’s responsibilities in respect of this matter.

Answers

Basically, an auditing is done to examine an organization's financial records to determine the accuracy and to check if they are prepared in accordance with applicable accounting rules.

An external audit is the auditing done by an independent accountant to examine the financial records of the firm,

Since the audit senior (external audit) discovered that the firm instructed their employees to breach statutory health and safety regulations to save cost, then, it is apparent that a rule have been violated.

In conclusion, in this case, the audit senior is required to report the discovery to necessary department for proper sanction and the audit firm is at responsinility to prove it does not default to safety regulation.

Read more about auditing

brainly.com/question/7890421

did this webside is working?

Answers

yes, it is webside working definitely

how it can be used in addition to showing skills –use the account and debit card?

Answers

Answer:What happens when you use a debit card and use credit at the register?

Explanation:When you run your transaction as credit using your debit card, you are still authorizing a debit from your checking account. You will never be charged interest or receive a bill for doing this. Of course, choosing credit at the point-of-sale will not help you build your credit.

What are the major causes of the contemporary plight of ldcs in international trade

Answers

The reasons for high export instability in LDCs than DCs are: Specialization in production and exports of primary products, Commodity Concentration and geographical concentration of export markets (Hock, 2007).

Determining how much money to keep in cash and how much to invest in other options is called O A. mutual funding O B. capital formation C. asset allocation O D. diversification​

Answers

Answer: in my opinion its C

Which of the following statements is the best way to state your position in a conflict?
a.
“I am concerned you aren’t telling people the truth about me.”
b.
“I feel betrayed by what was said about me.”
c.
“You aren’t telling me what you tell other people.”
d.
“You need to let me know what you think about me to my face.”

Answers

Answer:

A

Explanation:

A plainly states your position in an argument.

Interstate Manufacturing is considering either overhauling an old machine or replacing it with a new machine. Information about the two alternatives follows. Management requires a 10% rate of return on its investments.
Alternative 1: Keep the old machine and have it overhauled. This requires an initial investment of $150,000 and results in $50,000 of net cash flows in each of the next five years. After five years, it can be sold for a $15,000 salvage value.
Cost of old machine $111,000
Cost of overhaul 158,000
Annual expected revenues generated 106,000
Annual cash operating costs after overhaul 43,000
Salvage value of old machine in 5 years 16,000
Alternative 2: Sell the old machine for $29,000 and buy a new one. The new machine requires an initial investment of $300,000 and can be sold for a $20,000 salvage value in five years. It would yield cost savings and higher sales, resulting in net cash flows of $65,000 in each of the next five years.
Cost of new machine $291,000
Salvage value of old machine now 34,000
Annual expected revenues generated 94,000
Annual cash operating costs 22,000
Salvage value of new machine in 5 years 15,000
Required:
1. Determine the net present value of alternative 1.
2. Determine the net present value of alternative 2.
3. Which alternative should management select based on net present value?

Answers

1. The net present value of Alternative 1 is $90,755.

2. The net present value of Alternative 2 is $14,355 with the sale proceeds of the old machine.

3. Based on the net present value, Interstate Manufacturing should overhaul the old machine instead of replacing it with the new one.

Data and Calculations:

Required rate of return = 10%

                                                           Alternative 1    Alternative 2

Cost of old machine                               $111,000         ($29,000)

Cost of overhaul                                     158,000        $300,000

Expected annual revenues                   106,000             94,000

Expected annual operating costs          43,000             22,000

Net cash flows for 5 yrs                        63,000             72,000

Salvage value after 5 yrs                        16,000             20,000

PV annuity factor of 10% for 5 years = 3.7908

PV factor of 10% for 5 years = 0.6209

                                                           Alternative 1    Alternative 2

PV value of annual net cash flows     238,820           272,937

PV value of Salvage value                      9,935              12,418

Present value of cash inflows          $248,755        $285,355

Cost of overhaul/Investment             (158,000)       (300,000)

Proceeds from the sale of old machine                     29,000

Net present value                              $90,755           $14,355

Thus, based solely on the net present values of alternatives 1 and 2, Interstate Manufacturing should overhaul the old machine (alternative 1) because it yields a greater net present value than alternative 2.

Learn more: https://brainly.com/question/13228231

Other Questions
snowboard is advertised to be 60% of the original price. If the sale price is $180, use a double number line determine the original price. how do i get more points? and why do i need it? 1001111 binary division calculate the number of atoms in a sample containing 3.5 g of silicon atoms what happens when you pass a current through an insulated wire? Can some one help me with this plzzzzzz Pls HELPPPPPP!! the answer An experiment is conducted such that an applied force is exerted on a 5kg object as it travels across a horizontal surface in which frictional forces are NOT considered to be negligible. A graph of the net force exerted on the object as a function of the objects distance traveled is shown. How could a student use the graph to determine the net work done on the object? I need help right away pleas! 30 points.A website layout needs to be simple and reasonably organized.Answers:A) DesignB) User-Friendly Website NavigationC) Call to ActionD) Elements Does order matter when performing a composition of two transformations of the same type? Explain. A theme of The Village Blacksmith is people can take charge of their fate.Which lines from the poem best develop this theme?Toiling,rejoicing,sorrowing, / Onward through life he goesThus at the flaming forge of life / Our fortunes must be wroughtThus on its sounding anvil shaped / Each burning deed and thought.Thanks, thanks to thee, my worthy friend, / For the lesson thou hast taught! someone help pleaseee A sample of N2O gas has a density of 2.95 g/L at 298 K. What must be the pressure of the gas? HELP PLEASE!!1. Olivia sold water bottles over four days. Create a graph to determine ifthe quantities of bottles and number of days are proportional If thequantities are proportional, what is the constant of proportionality?Olivia sold water bottles over four days. Create a graph to determine ifthe quantities of bottles and number of days are proportional If thequantities are proportional, what is the constant of proportionality? According to Misha at the beginning of ch.22, how has his identity changed once again?He is now known as the flop-flattener and is feared in the GhettoHe is rid himself of his Gypsy identity and adopted the last MilgromHe has returned to the name StopThief because Thefts on the other side of the wallHELP ME PLZ!! I need Help AsappPlease!!!!!!!!!!!!!!!!!! identify the graph of the rational function with an x-intercept at (-4,0) and (4,0), a vertical asymptote at x=2, and an oblique asymptote at y=x+2 The lines represented by the equations y=-2x-6 and 2y+x=-16 are read the passage and then answer the following question. paco vive en madrid, espaa. l trabaja en frente de la oficina de federico. ellos viven en el mismo apartamento. su trabajo consiste en traducir del ingls al espaol. decide if the following statement is true or false. federico works in the same office as paco. true false The NYC_Bicycle_Counts_2016_Corrected.csv gives information on bike traffic across a number of bridges in New York City. In this path, the analysis questions we would like you to answer are as follows: 1. You want to install sensors on the bridges to estimate overall traffic across all the bridges. But you only have enough budget to install sensors on three of the four bridges. Which bridges should you install the sensors on to get the best prediction of overall traffic