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goods available for sale

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Q: Beginning inventory plus purchases for the period yields?
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Which inventory method yields highest gross profit?

FIFO


What is the difference of evaluation of inventory between weighted average method and FIFO method?

A method of inventory accounting in which the oldest remaining items are assumed to have been the first sold. In a period of rising prices, this method yields a higher ending inventory, a lower cost of goods sold, a higher gross profit (assuming constant price), and a higher taxable income. Also called FIFO.Method in calculation in which the weighted averagezzor the period is the cost of the goods available for sale divided by the number of units available for sale. When the perpetual inventory system is used, the weighted average method is called the moving average method.


How do you calculate absorption rate?

First, determine the number of homes closed in your market over a specific period - say, 12 months. You can get this data from the MLS.Next, divide the number of homes by the number of months in the period - in this case, 12. This calculation gives a per month absorption rate.Last, divide the rate into the number of current listings. This yields the months' supply of homes.


The method of determining depreciation that yields successive reductions in the periodic depreciation charge over the estimated life of the asset is?

straight-line


Do decrease in Account Receivable increase cash flow?

A decrease in an amount owed to you, an Account Receivable, yields additional cash flow available to fund operations, obligation, or any allocation of cash.

Related questions

Which inventory method yields highest gross profit?

FIFO


What is carbons period?

It is carboniferous, meaning yields coal.


What is the difference of evaluation of inventory between weighted average method and FIFO method?

A method of inventory accounting in which the oldest remaining items are assumed to have been the first sold. In a period of rising prices, this method yields a higher ending inventory, a lower cost of goods sold, a higher gross profit (assuming constant price), and a higher taxable income. Also called FIFO.Method in calculation in which the weighted averagezzor the period is the cost of the goods available for sale divided by the number of units available for sale. When the perpetual inventory system is used, the weighted average method is called the moving average method.


What is the Corporate Bond Yields?

Corporate Bond yields are the amount of return over a period that a bond will return. A good yield for a corporate bond is between 4 and 8 percent although in the current climate this may dip a little


What is the reaction of U3O8 to UF6?

U3O8 + HNO3 yields UNO3 + H2 yields UO2 + HF yields UF4 + F2 yields UF6


Why do farmers increase crop yields?

Higher yields = increased income.


Fertilizers have high yields?

no fertilizer help produce high yields


What is a sentence using the word benchmark?

Bond yields are generally compared to benchmark yields.


What is a yielder?

A yielder is someone or something which yields a crop, or which yields some other substance.


2625mm is equal to how many inches?

The Answer:First, I'd convert it to cm (or directly divide by 25.4), which is 262.5, and dividing by 2.54 yields 103.(346456692913385826771653543307086614173228), repeating at period 42.


What is the arrow read as in chemical equations?

It reads as "Yields." The equation is set up as (reactants) (Yield Sign) (Products).


What H2O AgI yields to?

It yields to Ag2O+HI. So, H2O + 2AgI = Ag2O + 2HI.