The correct answer to this question is A. cooperative.
b) $21,000.
c) $20,000.
d) $18,000.
e) $27,000.
Answer:
c) $20,000.
Explanation:
The computation of the estimated ending inventory is shown below:
We know that
Cost of goods sold = Beginning inventory + purchase made - ending inventory
And, the
Sales - gross profit = Cost of goods sold
$100,000 - $100,000 × 30% = Cost of goods sold
So, cost of goods sold would be
= $100,000 - $30,000
= $70,000
Now the ending inventory would be
$70,000 = $18,000 + $72,000 - ending inventory
$70,000 = $90,000 - ending inventory
So, the ending inventory would be
= $90,000 - $70,000
= $20,000
Based on 30% gross profit ratio, the estimated end inventory for the Big Box Store for the second quarter is $20,000, after accounting for cost of goods sold from the total available inventory.
The Big Box Store operates at a 30% Gross Profit Margin, implying 70% of the sales are accounted as Cost of Goods Sold (COGS). Therefore, the COGS for the second quarter would be $100,000*0.7 = $70,000.
The initial inventory at the beginning of the quarter was $18,000 and $72,000 amount of inventory was purchased during the quarter. So total available inventory is $18,000 + $72,000 = $90,000.
If we subtract the COGS from total available inventory that gives us the estimated ending inventory. That is $90,000 - $70,000 = $20,000. Therefore the estimated ending inventory from Box Store will be $20,000.
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A. Communist government that provides little regulation.
B. Democratic government that provides some regulation.
C. Representative government that provides no regulation.
D. Socialist government that provides a lot of regulation.
Correct answer choice is:
A mixed market economy is an economic regularity in which both the private industry and a standard of state patent (normally in public assistance, security, infrastructure, and essential enterprises) synchronize. All advanced economies are combined where the medians of generation are distributed between the private and public divisions. Also proclaimed a dual economy. A combination of free markets and state interference. This definition of a mixed economy leads to a mixture of market forces with government interference in the frame of regulations, macroeconomic strategies and social benefit intrusions directed at enhancing market outcomes.
A mixed market economy tends to exist under a democraticgovernment that provides some regulation.
Option (B) is correct.
A mixed market economy combines elements of both free-market capitalism and government intervention. In a democratic government, there is a balance between private ownership and government involvement in the economy.
Some regulation is implemented to ensure fair competition, consumer protection, and social welfare. The government may intervene in areas like labor laws, environmental regulations, and antitrust measures. This system allows for private enterprise and individual economicfreedom while addressing market failures and promoting public interest. The combination of market forcesand government intervention allows for a diverse and dynamic economic environment in a mixed market economy.
To know more about mixed market economy :
brainly.com/question/2861587
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The complete question:
A mixed market economy tends to exist under a:
A) communist government that provides little regulation.
B) democratic government that provides some regulation.
C) representative government that provides no regulation.
D) socialist government that provides a lot of regulation.