A
perpetual inventory system is an effective means of control over inventory. When a sale is made, under this system, both the
sale and cost of merchandise sold are recorded. In case that merchandise is
returned to the supplier, the Cost of Merchandise Sold is not debited as part
of the transaction. Therefore the above statement is FALSE.
<span>Big business is concerned with profit, and thereby decreasing costs including worker salaries and wages. The economy transformed because it is hard for small business to compete and with large entities that leverage scale. Working people lose bargaining power and job security.</span>
Answer:
Rising inflation rate is under Economic element of PESTLE.
Explanation:
The elements of PESTLE include Political, Economic, Sociological, Technological, Legal, and Environmental factors. PESTLE analysis is used to analyze and monitor macro-environmental factors which can impact the survival and success of a business entity. After the analysis, the organization is able to identify the opportunities and threats facing it from the external environment.
Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
Answer:
8.63%
Explanation:
The expected rate of return on the bond can be determined using a financial calculator bearing in mind that the calculator would be set to its end date before making the following inputs:
N=17(number of annual coupons in 17 years)
PMT=100(annual coupon=face value*coupon rate=$1000*10%=$100)
PV=-1120(the current price is $1,120)
FV=1000(the face value of the bon is $1000)
CPT
I/Y=8.63%
EXCEL APPROACH:
=rate(nper,pmt,-pv,fv)
nper=N=17
=rate(17,100,-1120,1000)
rate=8.63%
