Roberts Company had a beginning inventory balance 68,000Roberts cost of goods sold of $50,000 and had an

Fantastic news! We've Found the answer you've been seeking!

Question:

Roberts Company had a beginning inventory balance 68,000Roberts cost of goods sold of $50,000 and had an ending inventory balance of $56,000, what was the goods available for sale for roberts this year? 1. $ 118,000 2. $ 106,000 3. $ 38.000 4. 62,000

Posted Date: May 18, 2024 10:09 AM

See More Questions

Explain the benefits of graphs over tables in presenting data.
The following accounts (in millions) were adapted from the financial statements of Apple Computer, Inc., for the year ending September 25, 2004: (a) Identify each account as either a balance sheet...
Joe Barnes is the owner of Standing Tall, one of the major roofing companies in town. Much of the companys business comes from building roofs on new houses. Joe has learned that general contractors...
Which type of stock may have dividends in arrears? a. Cumulative preferred stock b. Common stock c. Noncumulative preferred stock d. Treasury stock
Computing cost of goads purchased and cast of goods sold. The following data are for Marvin Department Store. The account balances (in thousands) are for 2008. Compute (1) the cost of goods purchased...
13. The SEC's insider-trading rule reduces equality of opportunity in the marketplace. a. True b. False
The purpose of an audit is to: a. determine whether or not a company has a good credit risk. b. render an opinion on the fairness of the statements. c. determine whether or not a company complies...
What are the principles behind containerization and virtualization, and how do they contribute to enhancing system security and resource isolation?
Part 1: 1. a 1-2 paragraph story (i.e. case study) about a fictitious scenario where this ethical issue arises. Be sure to fully explore the details with information about who, what, where, when,...
Gibson Boat Company makes inexpensive aluminum fishing boats. Production is seasonal, with considerable activity occurring in the spring and summer. Sales and production tend to decline in the fall...
Discuss the role of device drivers in an operating system. What are the challenges in designing a driver for a new hardware device, and how does an OS ensure compatibility with multiple devices ?
In Florida, teachers are required to meet the ESOL standardssee selected ones below. In order to develop these skills, preservice teachers take 5 courses related to ESOL. Clearly, there are some...
Q 01-D. Another key factor that can be added to the triple constraints to be the fourth dimension is? Select one: O a. cost O b. scope O c. communication O d. Quality O e. time
What mass of KBr (in grams) should you use to make 350.0 mL of a 1.30 M KBr solution?
Southern Aurora Limited (SAL) is a large Sydney-based financial institution that operates internationally. It has also established strategic alliances with a number of financial institutions based in...
You are the manager of internal audit for the Department of Transport, which is a major government department within your state. You have an internal audit staff of five professionals. Two are senior...
You are the manager of internal audit for a large Australian city council. The council is responsible for all the normal services-for example, water, sewerage, roads, waste disposal, parklands, and...

Roberts Company had a beginning inventory balance 68,000Roberts cost of goods sold of $50,000 and had an

Question:

Expert Answer:

Students also viewed these accounting questions