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mrs_skeptik [129]
3 years ago
7

Sequence the steps for closing entries.

Business
1 answer:
____ [38]3 years ago
3 0

Step 1: A

Step 2: D

Step 3: C

Step 4: B

Explanation:

Sequence for the steps to close entries:

  1. close the service revenue account by transferring funds to income summary account
  2. close the operating expenses account by transferring funds to income summary account
  3. close the income summary account by transferring funds to retained earnings account
  4. close the dividends account by transferring funds to retained earnings account
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Walmart's implementation of RFID, a type of technology that allows it to improve inventory tracking, is an example of a(n) _____
Bess [88]

Answer:

Proactive

Explanation:

Proactive change is the change that occurs when an organisation makes different modifications to to a work place and methods.

Most organisations carry out proactive changes due to the following reasons:

1) Gaining entry into a new market.

2) Change in the normal business condition.

3) Acquiring operational capabilities.

Proactive changes helps to identify new innovation for the growth of the company, it also allows for flexibility and better internal understanding among employees.

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3 years ago
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Explanation:

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3 years ago
Which of the following combinations of monetary and fiscal policies would have the GREATEST effect on fighting inflation?
AVprozaik [17]
<span>increase the prime lending rate and decrease government spending</span>
7 0
3 years ago
only deposits of a rare and sought-after mineral known as Yuksporite are found in ussia. Since no other nation has deposits of Y
mash [69]

Answer:

D. Absolute Advantage

Explanation:

Absolute advantage represents an economics principle referring to the capability of a firm or a country or even an individual to manufacture or produce a larger quantity of a product or offer a greater quantity of a service than its competitors especially with the same amount of resource which in in reference to international trade is labour.

The absolute advantage for Russia in the question is that it has the only deposits of Yuksporite and using the same amount of labour input other countries would have used, Russia has the absolute advantage as the only manufacturer of goods that would come out of Yuksporite.

4 0
3 years ago
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A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,
kaheart [24]

Answer:

The inventory TO is 3.6875

Explanation:

\frac{Sales}{Average Inventory} = $Inventory Turnover

​where:

$$Average Inventory=(Beginning Inventory + Ending Inventory)/2

Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:

\frac{59,000,000}{16,000,000} = 3.6875

The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.

4 0
3 years ago
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