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Sergio [31]
4 years ago
6

When retailers allow a vendor to sell products on consignment, they:?

Business
1 answer:
umka2103 [35]4 years ago
8 0
Sponser? i think its that sorry if its not

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Financial statement account identification mark each of the accounts listed in the following table as follows.
Triss [41]

Answer:

Account name                         statement(1)                     type of account(2)

Accounts payable                      BS                                        CL

Accounts receivable                  BS                                          CA

Accruals                                     IS and BS                             income and SE        

Accumulated amortization        BS                                       FA

administrative expenses            IS                                      E

Buildings                                       BS                                   FA

Cash                                              BS                                  CA

Common shares                           BS                                    SE

Cost of goods sold                     IS                                       E                        

Amortization                                 BS                                     E

Equipment                                       BS                                 F ASSET

General expenses                           IS                                     E

Intrest expenses                                IS                                     E

Account name                        Statement(1)                 type of account(2)

Inventories                                   BS                                   CA

Land                                             BS                                    FA

long term debts                          BS                                    CL

Machinery                                  BS                                       FA

marketable securities               BS                                      CA

Line of credit                              BS                                             LTD

operating expense                    IS                                           E

Preferred shares                     BS                                      SE

preferred share dividends      BS                                     SE

retained earnings                    BS                                      R

Sales revenue                         IS                                            R

Selling expense                    IS                                                E

Taxes                                         IS                                             E

Vehicle                                     BS                                             FA

 

5 0
3 years ago
For each situation described here, determine the type of unemployment:(a) steelworkers losing their jobs due to outsourcing.
topjm [15]

Structural unemployment. This type of unemployment is the result of changes in industries and reorganization, typically as the result of technology or outsourcing for lower costs.

5 0
3 years ago
Delicious Coffee Company hires Elton to sell Delicious’s products in a certain area. Delicious agrees to pay Elton a salary, plu
Ket [755]

Answer:

The control Delicious has over the details of the work

Explanation:

The key factor refers to the most prominent reason which proves a fact in the most convincing manner.

In the given case, Delicious coffee company has hired Elton to sell products in an area and have determined his compensation in the form of salary, commission and other benefits.

Also the terms of selling by which Elton must abide by have been mutually agreed upon between the parties.

The key factor which determines that Elton is Delicious's employee is governed by the extent of control Delicious (Employer) exercises over the details of his work i.e how the employer controls his work and tasks.

The key factor would also be reflected in Elton's acts relating to his performance of the job.

3 0
4 years ago
The Darwin Company reports the following information that occurred during the current period: Sales commissions expense $15,600
ch4aika [34]

Answer:

The Darwin Company

Calculation of Manufacturing Overhead costs:

= $17,200

Explanation:

a) Data and Calculations:

Depreciation on factory equipment        $4,700

Indirect labor                                              5,900

Factory rent                                                4,200

Factory utilities                                            1,200

Indirect materials used                               1,200

Total Manufacturing overhead costs = $17,200

b) Darwin's manufacturing overhead costs will include only the above listed costs.  Sales commissions, direct materials, direct labor, and office salaries expense do not form part of the manufacturing overhead costs.  The manufacturing overhead costs are neither direct materials or labor costs or selling and administration costs.

8 0
4 years ago
Many furniture stores run "going out of business" sales but never actually go out of business. Assume that furniture is sold in
tresset_1 [31]

Answer:

<h2>The correct answer here would be less than, minimum or option a. given in the answer options or list.</h2>

Explanation:

  • In Microeconomics,in the short run,the firm conventionally shuts down or runs out of business if the price charged by the firm to sell its product or service is at least equal or more than the minimum average variable cost.
  • If the price charged by firm to sell its product or service is less than the average variable cost,it essentially implies that the firm is unable to generate enough revenue to cover at least its minimum variable cost or expense or operation or production.
  • Therefore, in short run, in this case firm must maintain a price level for its furniture so that to covers at least the minimum variable costs of production in business to prevent shutting down or closing business. Otherwise,if the price is less than minimum average cost then the firm has to shutdown or run out of business.
7 0
3 years ago
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