6A Ending Inventory (b) Cost of goods sold $127,000 $40,000 $34,000 A SA (d) (f) Assistance Used
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- What is the cost of goods sold? O A. $751,700 OB. $364,500 O C. $455,400 O D. $520,600For each of the following, determine the missing amounts. SalesRevenue Cost ofGoods Sold GrossProfit OperatingExpenses NetIncome $100,000 $ $ $30,000 $12,000 $ $135,000 $125,000 $ $80,000BeginningInventory Purchases Cost of GoodsAvailable for Sale EndingInventory Cost ofgoods sold $ 87,000 $ 117,000 $ (a) $ (b) $ 127,000 $ 56,000 $ (c) $ 121,000 $ 40,000 $ (d) $ (e) $ 107,000 $ 167,000
- Fill in the missing items for the following inventories: A B C Beginning Balance $9,750 $18,200 Ending Balance $10,000 $2,000 $12,400 Transfered In $36,000 $44,000 Transfered Out $17,500 $42,000of current year, an equipment was leased to another entity France Company is a dealer in equipment. At the beginning Problem 14-15 (IAA) with the following provisions: Annual rental payable at the end of each year Lease term and useful life of machinery Cost of equipment Residual value-unguaranteed Implicit interest rate PV of an ordinary annuity of 1 at 12% for 5 periods PV of 1 at 12% for 5 periods 1,500,000 5 year 4,000,000 500,000 12% 3.60 0.57 At the end of the lease term the equipment will revert to the lessor. The entity incurred initial direct cost of P200,000 in finalizing the lease agreement.5. Abu Ali Company purchased equipment for SR15,000. sales tax on the purchase freight charges repairs for damage during installation installation costs insurance of equipment after installation What is the cost of the equipment? a. 15,925 b. 15,500 c. 15,000 d. 16,275 SR500 200 350 225 300
- O Given Gross Margin of $212,000, Cost of Goods Sold of $544,000, Sales of $756,000 and net income of $65,000 what is Selling, General and Administrative expense 8$147.000 6. $132,000 c. $156,000 d. $488,000 e. $212,000For each of the following, determine the missing amounts. Net Sales Cost ofGoods Sold GrossProfit OperatingExpenses Income FromOperations $100,000 $ $ $30,000 $12,000 $ $135,000 $125,000 $ $80,000Help please
- DogSales revenue $39,900 $75,300 $573,800 $35,400 $55,100Cost of goods sold 19,000 49,500 265,900 19,300 30,200Operating expenses 10,100 40,500 233,700 11,900 18,300 Total expenses 29,100 90,000 499,600 31,200 48,500Operating profit (loss) $10,800 $(14,700) $74,200 $4,200 $6,600Identifiable assets $35,200 $79,900 $493,400 $66,300 $49,900 Prepare the necessary disclosures required by GAAPHelp please
