KajalDighe

[KajalDighe]

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We need to find how much NZD can 1 SGD buy  i.e NZD/SGD

NZD/SGD = USD /SGD * NZD/USD

= 1.2600 * 0.7670

= 0.96642

1SGD can buy 0.96642 NZD, he got 7500SGD which could buy 7248 NZD ( 7500* 0.96642)

[KajalDighe]

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Standard error of mean  (SE) = s/√n

S: sample standard deviation

N : no of samples.

 

 

[KajalDighe]

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Beginning inventory + Purchase – ending inventory = COGS
Lets say its, 200+100-50= 250
If inventory w/d happens i.e ending inventory decrease to for eg. 25
It will be 200+100-25 = 275 i.e increase in COGS

Let me know if makes sense.

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