1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hammer [34]
2 years ago
14

Why would a company’s manager be concerned about the quantity of its purchases returns if its suppliers allow unlimited returns?

Business
1 answer:
Veronika [31]2 years ago
6 0

The company incurs costs in receiving, inspecting, identifying, and returning the merchandise. More returns create more expenses.

Is cost of sales an expense?

Cost of Goods Sold is also known as “cost of sales” or its acronym “COGS.” COGS refers to the cost of goods that are either manufactured or purchased and then sold.

COGS counts as a business expense and affects how much profit a company makes on its products.

What are the depreciation expense?

Depreciation expense is that portion of a fixed asset that has been considered consumed in the current period.

This amount is then charged to expense. The intent of this charge is to gradually reduce the carrying amount of fixed assets as their value is consumed over time.

Learn more about this here:

brainly.com/question/26990784

#SPJ4

You might be interested in
Novak Corp. bought equipment on January 1, 2022. The equipment cost $390000 and had an expected salvage value of $35000. The lif
nirvana33 [79]

Answer:

$177,000

Explanation:

In order to find the book value of the equipment we need to find the amount of depreciation per year. To do this we need to subtract the salvage value from the initial cost and then simply divide by 5 which is the life span of the equipment...

(390,000 - 35,000) / 5 = x

355,000 / 5 = x

71,000 = x

Now we see that the equipment will depreciate by $71,000 per year. In three years the depreciation would be

71,000 * 3 = 213,000

Now we simply subtract this value from the initial cost to get the book value in the third year

390,000 - 213,000 = 177,000

7 0
3 years ago
John Cotton is an employee at Radiance Senior Living. He received the following benefits from his employer during 2021 on the co
sertanlavr [38]

The  amount of these benefits that is taxable for 2021 is $1,680.

<h3>Benefits that is taxable for 2021</h3>

The Benefits that is taxable for 2021  is Personal protective equipment of the amount of $140 per months.

Hence:

Taxable benefit=$140×12 months

Taxable benefit=$1,680

Therefore the  amount of these benefits that is taxable for 2021 is $1,680.

Learn more about Benefits that is taxable for 2021 here:brainly.com/question/26652580

#SPJ1

3 0
2 years ago
What is the number of times an audience sees or hears an advertisement
Tems11 [23]

<u>Answer:</u> Frequency

<u>Explanation:</u>

Frequency is the number of times the audience sees or hears the advertisement. It is significant to measure the frequency of the advertisement such as TV media, posters, hoardings, radio, social media etc. to know the effectiveness of the advertisement.

When the advertisement is effective then the sales for the product or service advertised increases. Advertisement also increases the consumer awareness about the product. Increased frequency can be very efficient as it creates a memory in the minds of the consumers.

5 0
3 years ago
What might be reasons that small-company stocks earn higher returns than large-company stocks on average?
Maslowich

Answer:

small company stocks are less safe and liquid and is more exposed to inflation  

Explanation:

From the period of 1926 to 2010, the small company stock had the highest average return of securities as compared to the company stocks of large company. Some of the reasons for the highest return on average of a small company stock than the small company stock are :

1. The small company stocks are less safe.

2. The small company stocks are less liquid.

3.They are more exposed to the inflation.

3 0
3 years ago
When using straight line amortization on premium bonds:_______.
Vsevolod [243]

Answer: the same interest income is reported each year

Explanation:

The straight-line amortization method is a simple way to amortize a bond as an equal amount of interest are allocated over every accounting period.

When using straight line amortization on premium bonds, the same interest income is reported each year. Therefore, option A is the best answer.

5 0
3 years ago
Other questions:
  • Supply of a product will tend to be more inelastic when
    13·1 answer
  • Because the demand for wheat tends to be inelastic. True or False
    13·1 answer
  • Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisio
    10·1 answer
  • Toyota has been working alongside us for years, but we just heard the bad news: they’re not renewing our electric vehicle (EV) c
    10·1 answer
  • The callable feature of a bond protects the issuer when market interest rates are falling.
    9·1 answer
  • B&amp;T Company's production costs for May are: direct labor, $18,000; indirect labor, $5,800; direct materials, $14,200; proper
    5·1 answer
  • Listed below are certain costs (or discounts) incurred in the purchase or construction of new plant assets. Indicate whether the
    10·1 answer
  • Another term for trade balance​
    7·2 answers
  • Ruth Company showed the following balances at the end of its first year.
    6·1 answer
  • Journalize the entries to record the following transactions for Mountain Realty Inc.:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!