All categories

3 years ago

Which of the following statements regarding shrinkage is not correct?

Business

1 answer:

Vesna [10]3 years ago

3 0

Answer:

CORRECT: It is easier to detect shrinkage in a periodic inventory system than in a perpetual inventory system.

Explanation:

You might be interested in

When looking to finance higher education, what is the best order to look for funding sources? AGrants/Scholarships - Federal Stu

tatyana61 [14]

The answer should be A, as grants and scholarships are easier to attain

7 0

3 years ago

An investor enters into a short oil futures contract when the futures price is $15.5 per barrel. The contract size of 100 barrel

Nikolay [14]

Answer:

$150

Explanation:

Calculation to determine How much does the investor gain or lose if the oil price at the end of the contract equals $14.0

Using this formula

Gain or Loss =(Futures price- Ending contract)*Contract size

Let plug in the formula

Gain or Loss=$15.5 per barrel- $14.0* 100 barrels

Gain or Loss=$1.5*100

Gain or Loss=$150

Therefore How much does the investor gain or lose if the oil price at the end of the contract equals $14.0 will be $150

3 0

3 years ago

According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the

evablogger [386]

Answer:

The correct answer is C

Explanation:

The concept of the invisible hand, is the concept in which the unobservable market force, helps the supply and the demand of the goods to reach at equilibrium in a free market.

As per this concept, the best method for society in order to encourage the jobs creation and the production of products demanded by consumers would be to allow the personal freedom entrepreneurs to follow their self interest.

8 0

3 years ago

Am i the only one who like co ck and ball pain?

tatiyna

Answer:

HELLO CAN U TELL ME HOW TO SEE LEADERBOARD HERE 

IN AUSTRALIA 

I AM FROM INDIA AND I M HERE TO EXPLORE THE ASTUTRALIAN BRAINLY 

PLEASE HELP

7 0

3 years ago

Outstanding stock of the Blossom Corporation included 30000 shares of $5 par common stock and 8000 shares of 5%, $10 par non-cum

Arlecino [84]

Answer:

$6,500 was distributed to preferred shareholders

Explanation:

Dividend distributed to preferred share is based on the predetermined rate associated with these share. When the dividend is declared preferred share dividend is paid first. The remainder is distributed between the common stockholders.

Value of Preferred share = 8000 shares x $10 par value = $80,000

Preferred Dividend = $80,000 x 5% = $4,000

Accrued dividend of 2016 = $4,000 - $1500 = $2500

Total Dividend Accrued = $2,500 + $4,000 = $6,500

3 0

3 years ago