The Information Below Is Given for the Brunswick Corp Using This Information, Calculate the Following:
A)Goods Available for the Month

question 29

Short Answer

The information below is given for the Brunswick Corp. for the month of June: $$\begin{array} { l l } \text { Beginning Inventory } & \$ 165,000 \\\text { Net Purchases } & \$ 810,000 \\\text { Net Sales } & \$ 1,000,000 \\\text { Gross Margin } & 30 \%\end{array}$$ Using this information, calculate the following:
A)Goods available for sale: _________
B)Estimated cost of goods sold: _________
C)Estimated ending inventory: _________

• A)Goods available for sale: _________
• B)Estimated cost of goods sold: _________
• C)Estimated ending inventory: _________

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Definitions:

Grill Parts Kit

A set of replacement or upgrade components for a grill, including items like burners, grates, and igniters.

Washers

Flat disks with a hole in the middle, typically made of metal or plastic, used to distribute the load of a threaded fastener, like a bolt or nut.

Bolts

Fasteners consisting of a head and a cylinder-shaped body, with threading along part of its length, designed to be used with a nut.

American Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specified time period.