BUSINESS HIGH SCHOOL

The following information is available for Sweden Company for its most recent year:Net sales $1,800,000
Freight-in 45,000
Purchase discounts 25,000
Ending inventory 120,000
The gross margin is 40% of net sales. What is the cost of goods available for sale?
A $1,200,000
B $1,220,000
C $960,000
D $840,000

Answers

Answer 1
Answer:

Answer:

A $1,200,000

Explanation:

The correct answer is D.

the gross margin equals 40% of net sales = 40%* 1,800,000= 720,000

Cost of goods sold will therefore be  60% of net sales;

Cost of goods sold = (60% * 1,800,000) = 1,080,000.

Cost of goods available for sale = cost of goods sold + the cost of ending inventory.

Cost of goods available for sale = 1,080,000+120,000 = $1,200,000

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Which of the following is most strongly supported by the Keynesian perspective of macroeconomics? A. inflation is a price that might have to be paid to achieve lower unemployment
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Answers

Answer & Explanation:

A. inflation is a price that might have to be paid to achieve lower unemployment

Final answer:

The Keynesian perspective of macroeconomics supports the concept that inflation is a price that might have to be paid to achieve lower unemployment. This perspective places a high emphasis on government intervention and fiscal policies to stabilize the economy.

Explanation:

The Keynesian perspective of macroeconomics is built on the concept that aggregate demand is the primary driving force in an economy. From this viewpoint, the government plays a key role in stabilizing the economy by influencing aggregate demand through fiscal policy measures, such as government spending and tax policies.

Looking at the options, the statement that most aligns with the Keynesian perspective is 'A. Inflation is a price that might have to be paid to achieve lower unemployment'. This is based on the Keynesian view that during periods of economic recession when unemployment is high, it may be necessary for the government to stimulate the economy, even if it risks causing inflation.

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The makers of Breyers ice cream have come up with a new line called Breyers Blasts! This line of ice cream combines Breyers ice cream with well-known products such as Oreo cookies, Snickers candy bars, and Reese's peanut butter cups. This is an example of_____________.

Answers

Answer: Co-branding

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Answers

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Answers

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Answers

Answer:

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Answers

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Explanation:

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