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Ira Lisetskai [31]
4 years ago
13

Madison Company's perpetual inventory records indicate that $530,470 of merchandise should be on hand on October 31. The physica

l inventory indicates that $505,940 is actually on hand.
Business
2 answers:
Brut [27]4 years ago
7 0

Answer:

$24530 is recorded as additional inventory entry at the end of the period in the journal

Explanation:

The perpetual inventory records is one record that accommodates an additional inventory entry at the end of a period which in this case is October 31. this additional inventory entry is the difference derived from the comparison of the Physical count of the inventory to the inventory balance on the unadjusted balance on the trial inventory.

This difference is then entered at the end of a period in the inventory journal and the value is = $530470 - $505940 = $24530

nexus9112 [7]4 years ago
3 0

Answer:

$24,530

Explanation:

Journal

Oct 31

Dr Cost of Merchandise sold $24,530

Cr Merchandise Inventory $24,530

$530,470-$505,940 =$24,530

The difference between MERCHANDISE That should be on hand and physical inventory indicating MERCHANDISE that is actually on hand.

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nirvana33 [79]

For retailers, when making decisions regarding place, a key ingredient to success is product placement promotion.

Decisions regarding a place or location are critical to the ultimate success of the retail enterprise. Such as good locations allow ready access, attract large numbers of customers and increase the potential sales of retail outlet. As when promotion in such places increases, so does the sales.

So even slight differences in location can have significant effects on market share and profitability. Deciding where to locate a business has always been important.

Hence, location plays a huge role in attracting and retaining the best customers.

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5 0
2 years ago
Any factor that leads businesses to collectively expect lower rates of return on their investments ______ investment demand.
ANTONII [103]

Any factor that leads businesses to collectively expect lower rates of return on their investments <u>reduces investment </u><u>demand</u>.

The aggregate call includes consumption and funding demand. aggregate call for is the call for of total items and services in the economy as it is not possible to be counted all the bodily quantities the overall expenditure on all goods and offerings are taken into consideration.

Investment call for refers to the demand with the aid of corporations for physical capital items and offerings used to hold or extend its operations. Think of it because the workplace and factory space, machinery, computer systems, desks, and so forth might be used to operate an enterprise.

Funding is a part of combination demand; modifications in funding shift the aggregate call for curve by the amount of the preliminary exchange times the multiplier.

The question is incomplete. Please read below to find the missing content.

Any factor that leads businesses to collectively expect lower rates of return on their investments _____.

Multiple choice question.

A) reduces output

B) increases output

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D) reduces investment demand

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7 0
2 years ago
If we assume that the current equilibrium wage for low-skilled labor is $8 per hour and the minimum wage is increased from $5.75
Lostsunrise [7]

Answer:

B

Explanation:

Unemployment among low-skilled workers decrease since they are getting higher pay now that is $1.5  per hour. Although it is below the equilibrium rate but still there are sure chances that the people will be more willing to work.

It does not necessarily mean that now labour is available according the demand of labour because the increased rate is below than the $8

4 0
3 years ago
Manufacturer's Inc. estimates that its interest charges for this year will be $700 and that its net income will be $3,000. Assum
just olya [345]

Answer:

TIE = 4,985.71

Explanation:

TIE = \frac{EBIT}{interest \: expense}

net income / (1 - tax-rate) = Earnings before taxes

3,000 / 0.7 = 4,285.71

Earnigns before taxes + interest = EBIT (earnings before interest and taxes)

4,285.71 + 700 = 4,985.71

7 0
3 years ago
What is a tax bracket?​
MAXImum [283]

Answer:

Tax brackets show you the tax rate you will pay on each portion of your income

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3 years ago
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