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2 years ago

A written agreement with a promise to pay a supplier a specific sum of money at a definite time is a(n) ______.

Business

1 answer:

castortr0y [4]2 years ago

6 0

Answer: Promissory note

Explanation:

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LeMay Department Store uses the retail inventory method to estimate ending inventory for its monthly financial statements. The f

Nutka1998 [239]

Answer:

Cost to retail ratio = 57.05%

Explanation:

Particulars Cost Retail

Beginning Inventory $46,000 $66,000

Add: Purchases $213,000 $406,000

Less: Purchases Return $7,000 $9,000

Freight In $15,558 -

Net Markups - $6,400

Good Avail. for Sales (Without markdowns) $267,558 $469,000

Cost to retail ratio = $267,558/$469,000

Cost to retail ratio = 0.570486

Cost to retail ratio = 57.05%

6 0

3 years ago

You are the president of a toy manufacturing company that has recently discovered its bendable action figures break too easily.

Alika [10]

Answer:

Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)

Explanation:

I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)

8 0

3 years ago

What is opportunity cost? ( selext the best answer)

bixtya [17]

Answer: the loss of potential gain from other alternatives when one alternative is chosen

Explanation:

8 0

1 year ago

When correcting errors in a trial balance, the ruling method should be used a.when a proper entry has been made but posted to th

miv72 [106K]

Answer:

d.when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount

Explanation:

When correcting errors in a trial balance, the ruling method should be used "when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount."

In trial balancing, an error can be fixed or corrected by tracing the trial balance steps. First, make a comparison between the ledger balances and the amount posted to the trial balance then add both debit and credit table if the amount matches, otherwise use the transposition method.

3 0

3 years ago

What is the first step in developing a promotional campaign?

kotykmax [81]

You're First step is promotional message it reaches your intended and targeted audience. plus you're message is understood by your audience and you're message also works for the recipients, and they soon take immediate action.

Hope This Helps!!!

3 0

3 years ago