Using a perpetual inventory system, the entry to record the return of merchandise purchased on account includes 4)Merchandise Inventory.
Product vending is the practice of intentionally promoting, showing, and promoting the goods in your keep. A huge part of this is visual merchandising—the process of making plans, designing, and showing merchandise to focus on their capabilities and advantages.
Merchandising is the exercise and procedure of displaying and selling merchandise to clients. Whether or not digital or in-save, stores use vending to persuade clients' motives and reach their sales goals.
Vending approach selling merchandise to retail customers. Merchandisers, also known as retailers, buy merchandise from wholesalers. Manufacturers, upload a markup or gross earnings quantity and sell the products to customers at a better rate than what they paid.
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Question: Under the perpetual inventory system, all purchases of merchandise are debited to the account
1)Cost of Merchandise Available for Sale
2)Cost of Merchandise Sold
3)Purchases
4)Merchandise Inventory
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Answer:
Debt Ratio = Total Debt Total/ Assets
Equity Multiplier = Assets/Equity
<h2>
Lots of Debt</h2>
Debt Ratio
= 32.5/34.25
= 0.95
Equity Multiplier
= 34.25/2
= 17.13
<h2>
Lots of Equity </h2>
Debt Ratio
= 2/34.25
= 0.06
Equity Multiplier
= 34.25/32.25
= 1.06
Answer:
Accumulated depreciation= $276,000
Explanation:
Giving the following information:
On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.
Depreciable value= 700,000 - 10,000= 690,000
Straight-line depreciation= 690,000/5= $138,000
Accumulated depreciation= 138,000*2= $276,000
Answer: Production Method
Explanation: Gross domestic product, also known as GDP, calculates the total value of products and sevices that are produced in an economy. This in turn measures the total income of a country.
The method that applies in this scenario is the production method. This method focuses on goods, by looking at its final value after deducting the input costs, also known as intermediate goods. Input costs (or intermediate goods) are the cost of materials that were used to make the final product, i.e. the production costs. Once the input costs are deducted from the total value of the goods , what remains becomes the actual income of the goods, the final cost, which is then added to GDP.
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