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3 years ago

An advantage of the fixed-period inventory system is that______.

Business

1 answer:

nadya68 [22]3 years ago

8 0

Answer:

The correct answer is (B)

Explanation:

There are various advantages of fixed inventory stock. The fixed-period stock and inventory framework requires more safety stock than a fixed-amount framework. A stock out can happen during the audit time just as during the lead time. A significant advantage of fixed period stock is that, there is no physical check of stock when products are withdrawn.It helps to save time and money.

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A company had net income of $252,327. Depreciation expense is $21,821. During the year, Accounts Receivable and Inventory increa

Anettt [7]

Answer: Option (d) is correct.

Explanation:

Given that,

Net Income = $252,327

Depreciation expense = $21,821

Accounts Receivable increased by = $14,346

Inventory increased by = $33,617

Prepaid Expenses decreased by = $3,079

Accounts Payable decreased by = $4,161

Loss on the sale of equipment = $5,398

Operating Income = Net Income + Depreciation expense - Accounts Receivable - Inventory + Prepaid Expenses - Accounts Payable + Loss on the sale of equipment

= $252,327 + $21,821 - $14,346 - $33,617 + $3,079 - $4,161 + $5,398

= $230,501

7 0

3 years ago

The concept of market conduct includes such things as ____.

lbvjy [14]

The concept of market conduct includes such things like profit , loss and assest growth targets.

Explanation:

Market conduct is used in insurance industry to describe the problems that are related to the sale and distribution of insurance. It deals with the pricing and promotion strategies based on the players in the market related to their aim , objective and desicion making process.

Based on this concept all consumers are seen as potential customers with similar needs. They have proper regulations to check the customers are charged fair and reasonable insurance prices.

They will also ensure whether the consumers have access to beneficial and compliant insurance products.

3 0

3 years ago

Rouse Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000

Scorpion4ik [409]

Answer:

See bellow

Explanation:

With regards to the above, Rouse total stockholder's equity is computed as;

= Preferred stock + common stock + paid in capital in excess of par (preferred stock and common stock) + retained earnings - Treasury stock

= $150,000 + $1,950,000 + $60,000 + $27,000,000 + $7,650,000 - $630,000

= $53,730,000

7 0

3 years ago

Community hospital just hired a contrast coder who charges $5.00 per record coded. Last week she coded 300 records. The HIM mana

VLD [36.1K]

Answer:

The contrast coder's weekly salary last week was $450.00.

Explanation:

The CC charged $5.00 per record coded. The previous week she coded 300 records.

Write it like:

$5.00 x 300 = 1500.00

Though remember the hospital has a 30% benefit.

So:

1500.00 x 30%*=450.00

*0.30 if you can't do the % sign on the calculator

Sorry if it doesn't work out!

6 0

3 years ago

Giselle, the executive of an American transportation firm, is negotiating a deal with a Japanese corporation. During the meeting

ankoles [38]

Answer:

It could be to explain any confusion caused by differences in language

Explanation:

The official language in Japan is Japanese. Since some of the members of the team of Japanese corporation may not or have limited understanding of English Language, which was being used as a form of communication at the meeting, those who understand English very well among the members of the team of Japanese corporation may have to explain better in Japanese to their colleagues who do not or have limited understanding of English Language.

3 0

3 years ago