Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. homework. please help me solve (f) based on answer

homework. please help me solve (F) based on answer (D). thank you so much! ...

90.2K

Verified Solution

Question

Accounting

homework. please help me solve (F) based on answer (D). thank you so much!
Presented below is information related to Pina Company. Beginning inventory Purchases (net) Net markups Net markdowns Sales revenue Cost $57,500 113,060 Retail $101,400 190,300 9,852 25,482 178,570
image
image
image
Presented below is information related to Pina Company. Compute ending inventory at lower-of-cost-or-market. (Round ratio to 2 decimal places, e.3. 78.74% and final answer to O decimal places, e.8. 6,225.) Ending imventory Compute gross profit based on (d). (Round answer to 0 decimal places, e.g. 6,225.) Grossprofit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. What is the relationship between validity, soundness and truth? 2. Define the property of entailment and...

Psychology
Q

Professional or trade organizations can provide ethical guidelines for business or professionals within their selected organization. Research...

General Management
Q

5 What does it mean to you to conduct your business by a professional code of ethics?...

General Management
Q

Directions Use the area and circumference formulas to find the radius or diameter 7 Find...

Geometry
Q

Logan is solving an a real world problem using absolutevalue inequalities. Below is the question...

Basic Math
Q

For each sum or product, determine whether the result is a rational number or an...

Basic Math
Q

Solve the inequality and enter the solution set in interval notation. Type infinity for and...

Calculus
Q

Menlo Company distributes a single product. The company's sales and expenses for last month...

Accounting
Q

Beyer Company is considering buying an asset for $320,000. It is expected...

Accounting
Q

Assume Skyler Industries has debt of $4,410,000 with a cost of capital of 7.6% and...

Accounting
Q

Question 20 Kelly's Wood Shop produces wood chips and sawdust in a joint manufacturing process...

Accounting
Q

2. Consider the following one-year transition matrix. Initial Rating AAA AA BBB AAA 90.81...

Finance