A company has the following information on its income statem…

A company has the following information on its income statement. Calculate Cost of Good Sold (COGS). Net Sales: $270,500 Beginning Inventory: 18,000 Ending Inventory: 15,000 Net Purchases during the period: 109,500 For accurate grading, state your answer in this format: $XXX,XXX

A company has the following information on its income statem…

A company has the following information on its income statement. Calculate Cost of Good Sold (COGS). Net Sales: $1,071,300 Beginning Inventory: 138,000 Ending Inventory: 155,200 Net Purchases during the period: 642,100 For accurate grading, state your answer in this format: $XXX,XXX

Two people are both charged $250 for an office visit to the…

Two people are both charged $250 for an office visit to the same specialist. The first person’s policy has a deductible of $300. Once they have met the deductible, the policy will cover the full cost of visits. They have not paid any money toward their deductible yet this year. The second person’s  policy will reimburse them $150, the maximum amount the plan provides for a visit to any specialist. Which of the following is correct?