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fgiga [73]
3 years ago
6

The journal entry to record a return of merchandise purchased on account under a periodic inventory system would be

Business
1 answer:
pashok25 [27]3 years ago
4 0
Go to hw is hard .com
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Using SMART goal-Written criteria blank refers to asking how ?
Yakvenalex [24]

Answer:

A.measurable

Explanation:

Smart is an acronym Specific, Measurable, Achievable,

Realistic and Timely. These are attributes that guide how goals or objectives should be set.

The question of " how" is answered by the attribute 'measurable.'

In this criterion, measurable describes the specific criteria to be used and the ways of measuring progress toward accomplishing the goal. The path to achieving the objective must be meaningful and motivating.

6 0
3 years ago
Read 2 more answers
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 3.9 percent indefinitely
yKpoI14uk [10]

Answer:

$48.2

Explanation:

The increase in dividend is 3.9%

= 3.9/100

= 0.039

The recently paid dividend is $3.62

The required return is 11.7%

= 11.7/100

= 0.117

Therefore the price per share of the company stock can be calculated as follows

= 3.62(1+0.039)/0.117-0.039

= 3.62(1.039)/0.078

= 3.761/0.078

= 48.2

Hence the price per share is $48.2

5 0
3 years ago
Depreciation expense is added back to net income when preparing the cash flow from operating activities section because deprecia
luda_lava [24]

Answer:

Depreciation expense is added back to net income when preparing the cash flow from operating activities section because depreciation represents a non cash reduction to net income. Depreciation is a non cash reduction because it notes down the the reduction in the value of an asset due to use as an expense and because the company isn't making any cash transactions due to depreciation of assets therefore it is a non cash expense and this is why it is added back to net income when preparing cash flow from operating activities.

Explanation:

4 0
3 years ago
Compensating balances
Airida [17]

Answer:

The correct answer is D

Explanation:

Compensating balance is the balance which is to be minimum amount that is to maintained or kept in the bank account, so that could be used to offset the cost incurred by the bank for setting up the loan.

It is that balance which is not available for the company to use and might be needed to disclose in the notes of the borrower in the financial statements.

So, it is a specific kind of collateral, allow bank to monitor payment practice of firms and require to have a minimum amount that borrower need to keep in the checking account.

8 0
3 years ago
Phillip owns a large real estate firm. He imparts training to the managers of the firm to help them effectively manage its multi
Flauer [41]

Answer:

A. skills-based diversity training

Explanation:

Based on the information provided within the question it seems that Phillip is using skill based diversity training in this scenario. This refers to  a training approach that focuses on dealing with diversity in multiethnic workforces and providing the necessary skills to solve various types of problems within them. Which is exactly what is happening in this situation.

4 0
3 years ago
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