Answer:
returning inventory that is defective or broken
Explanation:
Inventory reffered to as set of finished goods/ products as well as other goods that are used in production. It is regarded as current asset on the balance sheet of a company. Inventory safeguarding is very essential in a company to keep them safe, there are some ways in which this can be done.
With the aid of technology such as security cameras which can record any form of theft, door alarms and others can protect inventory from both external/internal threats. Some of thers common examples for safeguarding inventory are;
✓storing inventory in restricted areas
✓physical devices such as two-way mirrors, cameras, and alarms
✓matching receiving documents, purhcase orders, and vendor's invoice
Answer:
$50,000
Explanation:
Given the following information for Sweet Treats Eats
net cash provided by operating activities = $35,000
net cash used by investing activities = $42,000
net cash provided by financing activities = $12,000
ending cash balance = $55,000
Beginning cash balance + $35,000 - $42,000 + $12,000 = $55,000
Beginning cash balance = $55,000 - $35,000 + $42,000 - $12,000
= $50,000
The amount of money in the account at the end of the period will be $2907.89.
<h3>
What is the investment?</h3>
- The dedication of an asset to achieve a gain in value through time is referred to as an investment.
- Investment necessitates the sacrifice of a current item, such as time, money, or effort.
- The goal of investing in finance is to earn a return on the invested asset.
- A gain (profit) or loss realized through the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a mix of capital gain and income, may constitute the return.
<h3>To find the amount of money in the account at the end of the period:</h3>
Step 1: Define
Identify variables
P = 930
t = 19
r = 6% = 0.06
Step 2: Find Interest
Substitute in variables [Compounded Continuously Formula]: 
[Exponents] Multiply:
Evaluate exponents:
Multiply:
Therefore, the amount of money in the account at the end of the period will be $2907.89.
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Answer:
The correct answer is accounting profit is positive.
Explanation:
Economic profits are the difference between the total revenue earned by selling the goods and total costs incurred in the production process. It includes both implicit as well as explicit costs.
The explicit costs are the direct costs incurred in the production process. There is an actual payment involved.
The implicit costs are the indirect costs incurred. They are generally the opportunity cost of sacrificing the alternative option. There is no actual payment involved.
The accounting profits include only explicit costs incurred in the production process. It is the difference between total revenue earned and explicit cost.
A normal profit means zero economic profits. But accountable profits is higher than economic profits, so there will be some positive accountable profit.
Answer:
U.S. businesses are known for their technological advances and their ability to implement change;
True
Explanation:
The united States can be described as the pioneer in the free market economy. The free market economy generally means that private businesses control how the market behave with little interference from the government. This allows market forces of supply and demand to take precedence in deciding market prices of goods and services. For example, when the demand for a certain good or service exceeds the supply, the price of that particular good will rise. On the other hand, when the demand for a particular good or service is lower than the supply, the price of the good or service drops. The equilibrium price is the price where the forces of demand and supply balance.
The free market system relies majorly on competition between businesses. Economist like Adam Smith postulated that if a free market runs it's course without interference, the equilibrium price will be ultimately reached. Since in a free market there is a lot of competition, most businesses will have an incentive to improve their technology and also adapt to change faster to gain competitive advantage over it's peers.
