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please explain in detail why these answers are correct (13, A, 19: e, 24: B, 26: E,) 13 is the one where the number isnt
please explain in detail why these answers are correct (13, A, 19: e, 24: B, 26: E,) 13 is the one where the number isnt visible.
24) A company's warehouse contents were destroyed by a floo d on September 12. The following information was the only information that was salvaged: I. Inventory, beginning: $28,000 2. Purchases for the period: $17,000 3. Sales for the period: $55,000 4. Sales returns for the period: $700 The company's average gross profit ratio is 35%, what is the estimated cost of the lost inventory? 24) A) S44.000. B) S9,705. C)$29,250. D) S25,995. E) $45,000. 26) Jasper Company is a whole merchandise Jasper intends to purchase, and offers a 30% trade discount for large quantity purcha per unit. Jasper's total purchase price per unit will be: 26) saler that buys merchandise in large quantities. Its supplier's catalog indicates a list price of $500 per unit or ses. The cost of shipping for the merchandises S7 A) $507 B) $493 C)$350 D) $343 E) $357Step by Step Solution
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