Contemporary Mathematics for Business and Consumers
7th Edition
ISBN: 9781285189758
Author: Robert Brechner, George Bergeman
Publisher: Cengage Learning
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Chapter 16, Problem 7CR
To determine
To fill: The blank spaces provided in the statement, “An inventory valuation method that assumes the cost of each unit of inventory is the average cost of all goods available for sale during that accounting period is known as the average cost or _______ average method”.
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Chapter 16 Solutions
Contemporary Mathematics for Business and Consumers
Ch. 16.I - You are the merchandise manager at Best Buy. The...Ch. 16.I - Prob. 2TIECh. 16.I - Prob. 3TIECh. 16.I - Prob. 4TIECh. 16.I - Prob. 1RECh. 16.I - Prob. 2RECh. 16.I - 3. Calculate the total number of units available...Ch. 16.I - When the merchandise manager of Advance Auto Parts...Ch. 16.I - Prob. 5RECh. 16.I - The following data represent the inventory figures...
Ch. 16.I - 7. Determine the value of the following inventory...Ch. 16.I - 8. Determine the value of the following inventory...Ch. 16.I - Prob. 9RECh. 16.I - BUSINESS DECISION: IN OR OUT? You are the...Ch. 16.II - Using the retail method, estimate the value of the...Ch. 16.II - Prob. 6TIECh. 16.II - Using the retail method, estimate the value of the...Ch. 16.II - 2. Using the retail method, estimate the value of...Ch. 16.II - Prob. 3RECh. 16.II - Prob. 4RECh. 16.II - Omni Fitness Equipment, Inc., maintains a gross...Ch. 16.II - 6. Hirst Electrical Supplies maintains a gross...Ch. 16.II - Prob. 7RECh. 16.II - 8. You are the warehouse manager for Discovery...Ch. 16.II - BUSINESS DECISION: OVER OR UNDER?
9. You own...Ch. 16.III - Exotic Gardens had net sales of $260,700 for the...Ch. 16.III - Prob. 8TIECh. 16.III - Prob. 9TIECh. 16.III - Prob. 1RECh. 16.III - Prob. 2RECh. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Prob. 4RECh. 16.III - Prob. 5RECh. 16.III - Prob. 6RECh. 16.III - Prob. 7RECh. 16.III - Prob. 8RECh. 16.III - Prob. 9RECh. 16.III - A Circle K convenience store had net sales of...Ch. 16.III - Prob. 11RECh. 16.III - Prob. 12RECh. 16.III - Prob. 13RECh. 16.III - Prob. 14RECh. 16.III - Prob. 15RECh. 16 - 1. Goods that a company has in its possession at...Ch. 16 - Prob. 2CRCh. 16 - Prob. 3CRCh. 16 - Prob. 4CRCh. 16 - Prob. 5CRCh. 16 - Prob. 6CRCh. 16 - Prob. 7CRCh. 16 - Prob. 8CRCh. 16 - Prob. 9CRCh. 16 - Prob. 10CRCh. 16 - Prob. 11CRCh. 16 - Prob. 12CRCh. 16 - 13. The ideal amount of inventory a company should...Ch. 16 - 14. When the target average inventory is...Ch. 16 - 1. Calculate the total number of Maytag Neptune...Ch. 16 - When the buyer for Southern Distributors (Exercise...Ch. 16 - Prob. 3ATCh. 16 - Prob. 4ATCh. 16 - Prob. 5ATCh. 16 - 6. Using the retail method, estimate the value of...Ch. 16 - Prob. 7ATCh. 16 - Prob. 8ATCh. 16 - Prob. 9ATCh. 16 - Assuming that all net sales figures are at retail...Ch. 16 - Prob. 11ATCh. 16 - A Foot Locker store had net sales of $435,900 for...Ch. 16 - 13. The Fabric Mart had cost of goods sold of...
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- part b pleasearrow_forwardQuestion 5 (a) Let a, b, c, d, e, ƒ Є K where K is a field. Suppose that the determinant of the matrix a cl |df equals 3 and the determinant of determinant of the matrix a+3b cl d+3e f ГЪ e [ c ] equals 2. Compute the [5] (b) Calculate the adjugate Adj (A) of the 2 × 2 matrix [1 2 A = over R. (c) Working over the field F3 with 3 elements, use row and column operations to put the matrix [6] 0123] A = 3210 into canonical form for equivalence and write down the canonical form. What is the rank of A as a matrix over F3? 4arrow_forwardQuestion 2 In this question, V = Q4 and - U = {(x, y, z, w) EV | x+y2w+ z = 0}, W = {(x, y, z, w) € V | x − 2y + w − z = 0}, Z = {(x, y, z, w) € V | xyzw = 0}. (a) Determine which of U, W, Z are subspaces of V. Justify your answers. (b) Show that UW is a subspace of V and determine its dimension. (c) Is VU+W? Is V = UW? Justify your answers. [10] [7] '00'arrow_forward
- Good explanation it sure experts solve itarrow_forwardBest explains it not need guidelines okkarrow_forwardTask number: A1.1, A1.7 Topic: Celestial Navigation, Compass - Magnetic and Gyro Activ Determine compass error (magnetic and gyro) using azimuth choosing a suitable celestial body (Sun/ Stars/ Planets/ Moon). Apply variation to find the deviation of the magnetic compass. Minimum number of times that activity should be recorded: 6 (2 each phase) Sample calculation (Azimuth- Planets): On 06th May 2006 at 22h20m 10s UTC, a vessel in position 48°00'N 050°00'E observed Mars bearing 327° by compass. Find the compass error. If variation was 4.0° East, calculate the deviation. GHA Mars (06d 22h): Increment (20m 10s): 089° 55.7' 005° 02.5' v (0.9): (+) 00.3' GHA Mars: 094° 58.5' Longitude (E): (+) 050° 00.0' (plus- since longitude is easterly) LHA Mars: 144° 58.5' Declination (06d 22h): d (0.2): N 024° 18.6' (-) 00.1' Declination Mars: N 024° 18.5' P=144° 58.5' (If LHA<180°, P=LHA) A Tan Latitude/ Tan P A Tan 48° 00' Tan 144° 58.5' A = 1.584646985 N (A is named opposite to latitude, except when…arrow_forward
- Task number: A1.1, A1.7 Topic: Celestial Navigation, Compass - Magnetic and Gyro Activ Determine compass error (magnetic and gyro) using azimuth choosing a suitable celestial body (Sun/ Stars/ Planets/ Moon). Apply variation to find the deviation of the magnetic compass. Minimum number of times that activity should be recorded: 6 (2 each phase) Sample calculation (Azimuth- Planets): On 06th May 2006 at 22h20m 10s UTC, a vessel in position 48°00'N 050°00'E observed Mars bearing 327° by compass. Find the compass error. If variation was 4.0° East, calculate the deviation. GHA Mars (06d 22h): Increment (20m 10s): 089° 55.7' 005° 02.5' v (0.9): (+) 00.3' GHA Mars: 094° 58.5' Longitude (E): (+) 050° 00.0' (plus- since longitude is easterly) LHA Mars: 144° 58.5' Declination (06d 22h): d (0.2): N 024° 18.6' (-) 00.1' Declination Mars: N 024° 18.5' P=144° 58.5' (If LHA<180°, P=LHA) A Tan Latitude/ Tan P A Tan 48° 00' Tan 144° 58.5' A = 1.584646985 N (A is named opposite to latitude, except when…arrow_forwardActiv Determine compass error using amplitude (Sun). Minimum number of times that activity should be performed: 3 (1 each phase) Sample calculation (Amplitude- Sun): On 07th May 2006 at Sunset, a vessel in position 10°00'N 010°00'W observed the Sun bearing 288° by compass. Find the compass error. LMT Sunset: LIT: (+) 00d 07d 18h 00h 13m 40m UTC Sunset: 07d 18h 53m (added- since longitude is westerly) Declination (07d 18h): N 016° 55.5' d (0.7): (+) 00.6' Declination Sun: N 016° 56.1' Sin Amplitude = Sin Declination/Cos Latitude = Sin 016°56.1'/ Cos 10°00' = 0.295780189 Amplitude=W17.2N (The prefix of amplitude is named easterly if body is rising, and westerly if body is setting. The suffix is named same as declination) True Bearing=287.2° Compass Bearing= 288.0° Compass Error = 0.8° Westarrow_forwardOnly sure experts solve it correct complete solutions okkarrow_forward
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