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What is called when a tax on goods leaving or entering some place?
Wiki User
∙ 11y ago
they having to taxes ont he homeowner too too pay the tax to pay it the txes too
Wiki User
∙ 11y ago
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What is an example of search cost?
driving to a faraway place to find available goods
What is a point of sales?
a point of sale is the place where the sales-transaction (the exchange of goods/services for money, etc) occurs. can be virtually anywhere but depends on goods/services being offered.
How many customers does a small business get per day?
It depends on what 'that small business' is selling or offering (goods/services) and it's consumer/market demands. To get this, you need to put in place a business monitoring system.
How do you work out cost of goods sold?
The cost of goods sold depends on (1) the inventory system used, and, (2) whether or not a cost flow assumption is used (and if so, which one).Inventory systemsThere are two inventory systems: the perpetual inventory system and the periodic inventory system.The perpetual inventory systemWith the perpetual inventory system, the inventory is updated with every purchase and expense. This implies that cost of goods sold is increases with every sale, at the time of each sale. The cost bases depends on the cost flow assumption used (see below)The periodic inventory systemWith the periodic inventory system, purchases are expensed, while with sales, cost of goods sold is not calculated. Hence, there is no system in place that can tell how much inventory there is.The inventory is counted at the end of the period. At this point in time, the cost of goods sold can be computed.Because:beginning inventory + purchases = ending inventory + cost of goods soldthis implies:cost of goods sold = purchases + beginning inventory - ending inventoryThe end of period count is a physical count. The $ value of the goods depend on the cost flow assumption (discussed next)Cost flow assumptionWhen goods are similar in nature (the company is trading coffee, oil, etc), the company can decide to assume some 'flow' of the goods for cost purposes. Common assumptions are:LIFO: Last in, first out: the most recent purchases are sold firstFIFO: First in, first out: the oldest inventories are soldAverage cost: An average cost is computedThe alternative is 'specific identification', meaning that no cost flow is assumed but the actual cost for the goods is determined (this requires some sort of information system).The cost of good soldDepending on choices (1) for inventory system and (2) cost flow assumption different values for cost of goods sold and ending inventory can be possible.For FIFO, the perpetual and periodic inventory will lead to the same cost of goods sold (as well as ending inventory value).For LIFO (as well as average cost), the cost of goods sold could very well differ for the perpetual inventory system and the periodic inventory system. With the periodic inventory system the cost of goods sold is determined at the end of the period. This means that for example purchases after the last sale are included for determining the cost of goods sold. This is not the case with the perpetual inventory system. With the perpetual inventory system this is done for each sale at the time of sale.
What is difference between deed of transfer and agreement for sale?
A deed transfer is where under a contract of sale of property in goods is transferred from the seller to the buyer while agreement for sale is where transfer of property is to take place at a future time or is subject to some conditions to be fulfilled latter.
To seal off a place to stop goods or people from entering or leaving?
What is a tliektye
What action of surrounding an area with soldiers or ships to stop people or supplies leaving or entering a place?
there was a plan called the anaconda plan at the edging of the US to stop ships from coming in.
What is the place called that manufactures goods called?
factory
A place that manufactures goods to be sold is called?
A place that manufactures goods to be sold is called a factory. Many places have there goods made somewhere else and the finished product delivered to them.
Goods that can be used in place of each other are called?
Substitutes
What is moving people and goods from place to place called in economics?
logistics
A place that makes goods for trade is called a?
A factory.
What does burglary of conveyance armed mean?
It means the person stole from a place while having a weapon either entering , or stealing a weapon from the place and leaving.
What is the place called that we make iron goods?
iron is "made" in a foundry. goods are made in factories
What is a person who travels from place to place to sell goods?
A person who travels from place to place to sell goods is called a peddler. This term originated from the Middle English word pedlere.
What is a place that manufactures goods to be sold is called a?
It's a market!
Why the camel called the ship of the desert?
because it can carry goods , people from place to place
