Answer and Explanation:
Martial Law is a state in which a territory is occupied by a country's military forces to restore or impose order under certain emergencies. Some rights such as the right to free transit, speech, and protection could be suspended during the time the Martial Law lasts.
Rumors of Martial Law arose in the U.S. as a result of the COVID-19 Coronavirus spread (2020). Quarantine has been declared worldwide and different countries have imposed Martial Law to control the number people infected by the disease but not particularly in the U.S. In most metropolis it would be necessary since the closest people live the highest the risk of infection but that is not the case of most states in the U.S. Therefore, it is unlikely a Martial Law will be enacted.
Answer:
B. has no effect on total assets.
Explanation:
Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.
On receipt of cash, debit cash and credit accounts receivable.
Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.
6,200 pounds of raw materials should be purchased in July.
<h3>
What are raw materials?</h3>
- Raw materials are the goods or inventories required by a company to make its products.
- Steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals are examples of raw materials.
The raw material purchases for July are computed as follows:
- Required production in units of finished goods.
- Units of raw materials needed per unit of finished goods.
- Units of raw materials are needed to meet production.
- Add desired units of ending raw materials inventory.
- Total units of raw materials needless units of beginning raw materials inventory.
- Units of raw materials to be purchased.
71,000 pounds × 10% = 7,100 pounds.
62,000 pounds × 10% = 6,200 pounds.
Therefore, 6,200 pounds of raw materials should be purchased in July.
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The correct question is given below:
If 71,000 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?
Answer:
the correct answer is Category killer
Explanation:
The Category killer refers to a type of specialty store that focuses on specific products on a massive scale and dominates retail sales in respective products categories.
