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View Policies Current Attempt in Progress Sandhill Company purchased 28 calculators for $20 each, one-half on May 14, and the other half on May 22,
View Policies Current Attempt in Progress Sandhill Company purchased 28 calculators for $20 each, one-half on May 14, and the other half on May 22, all on account. Sandhill sold 26 of the calculators on May 25 for $30 each. It received payment for 6 of them on May 30 and payment for the other 20 on June 4. Sandhill paid the supplier for 5 of the calculators on May 21. How much revenue should Sandhill recognize during May? O $180 O $390 O $728 O $780 eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer View Policies Current Attempt in Progress Pharoah Enterprises reported the following information for 2014: $ 35,840 452,480 Beginning inventory Cost of goods sold Ending inventory Net income 50,400 28,560 Net sales 840,000 246,400 Operating expenses Sales revenue 856,800 Compute each of the following ratios: (Round answers to 1 decimal place, eg. 52.7. Use 365 days for calculation.) (1) Gross profit rate % (2) Inventory turnover times (3) Days in inventory days (4) Profit margin % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer View Policies Current Attempt in Progress Wildhorse Luggage uses a periodic inventory system and has the following account balances: $ 40,300 Ending Inventory $ 23,400 Beginning inventory Purchase Discounts Purchase Returns and Allowances 2,600 Purchases 312,000 3,900 Freight-In 14,300 Operating Expenses 114,400 Net sales 635,700 Compute each of the following: (1) Net purchases $ $ (2) Cost of goods available for sale $ (3) Cost of goods sold $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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