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What term refers to the decrease in value of goods after they are sold?
Wiki User
∙ 10y ago
depreciation
Wiki User
∙ 10y ago
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Which term refers to the decrease in value of goods after they are sold?
Depreciation
To adjust a companys LIFO cost of goods sold to FIFO cost of goods sold?
a decrease in the LIFO reserve is subtracted from LIFO cost of goods sold.
Cost of good sold?
Cost of goods sold refer to the carrying value of goods sold during a particular period. The beginning inventory + inventory purchases â?? end inventory equals cost of goods sold.
How does supplies affect the price of a product?
A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.
Which term refers to goods produced inside of the U.S. that are sold and shipped for use in other countries?
Exports
Which term refers to the decrease in value of goods after they are sold?
Depreciation
To adjust a companys LIFO cost of goods sold to FIFO cost of goods sold?
a decrease in the LIFO reserve is subtracted from LIFO cost of goods sold.
Cost of good sold?
Cost of goods sold refer to the carrying value of goods sold during a particular period. The beginning inventory + inventory purchases â?? end inventory equals cost of goods sold.
How does supplies affect the price of a product?
A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.
When bonds are sold for more than their face value the carrying value of the bonds is equal to What?
It prorated in it's decrease to face value
What is the definition of sale tax?
It is the tax which is levied on the value of goods or services which are sold.
What term refers to goods produced inside of the U.S. that are sold and shipped for use in other countries?
American exports
Which term refers to goods produced inside of the U.S. that are sold and shipped for use in other countries?
Exports
What will be the cost of goods sold for a car dealer?
If you make or buy goods to sell, you can deduct the cost of goods sold from your ... An automobile dealer must record the cost of a car in inventory reduced. A car dealers cost of goods sold is the price they paid for the car plus any improvements or repairs that were added to the inventory value.
What part od speech is merchandise?
"Merchandise" can be a noun or a verb, depending on how it is used in a sentence. As a noun, it refers to goods that are bought and sold. As a verb, it means to promote or sell goods.
If Cost of Goods Sold increase what happends to gross margin?
If the Cost of Goods Sold increases, the Gross Margin will decrease. Gross Margin is calculated by deducting the Cost of Goods Sold from the total revenue. Therefore, an increase in the Cost of Goods Sold would result in a smaller difference between revenue and expenses, leading to a lower Gross Margin.
Did fisherman in jesus time get paid?
Sure. They either sold their fish or traded them for other goods with value to them.
