The answer for this is <span>freight-out
</span>The entry to record the payment of freight costs for goods shipped to a customer requires a debit to Freight-out and a credit to cash. Freight-out is not part of the cost of inventory; it is a delivery expense and appears among the operating expenses on the income statement.
<span>In contrast, freight-in is used to record the shipping costs associated with acquiring inventory (note: when using a perpetual inventory system, the shipping cost associated with acquiring inventory is debited to Inventory).</span>
Answer:
D.
Explanation:
Based on the scenario being described within the question it can be said that the Quick’s contract with Tine is valid because the contract is fair to Quick. Therefore, the fact that Knox is a majority shareholder in Tine does not complicate the deal. If the deal was made to be more fair to Tine then this information can cause a complication, and even make the contract void.
To maintain effective levels of competition in as many markets as possible, the government enforces "Antitrust Laws." <span>Antitrust laws are designed to create greater competition in the marketplace. It was put in place in order corporations will be regulated by the state governments and federal. It regulate companies from imposing large and fixing prices. Competition will be encouraged for the consumers advantage of reasonable prices on quality products.</span>
Answer:
The coefficient of correlation (r) is between 0 and 1 (0 < r ≤ 1).
Explanation:
If there is a positive correlation, it means the correlation coefficient is positive. This implies that both variables increase together, when X tends to increase, Y tends to increase.
A perfect positive correlation (in which all the points on a scatter plot lie on an ascending straight line) has a coefficient of correlation, r equals to one (r = 1).
Also, when the values of r are close to 1, it indicates a strong positive correlation while positive values closer to 0 indicate a weak positive correlation.
Answer:
The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.
Explanation: