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Readme [11.4K]
3 years ago
9

Harborfront Interiors, a retailer, pays $125 for an area rug.The original selling price was $170, but it was marked down 30%.

Business
1 answer:
sveta [45]3 years ago
8 0

Answer:

did you ever find the answer?

Explanation:

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Which of the following users of accounting information are interested in the quality of a company assets?
kaheart [24]

Answer:

D

Explanation:

Well public is all about quality

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2 years ago
A company receives $290, of which $15 is for sales tax. The journal entry to record the sale would include a
Inga [223]

Answer:

Explanation:

Cash.         290

     Revenue.             275

     Sales tax payable.  15

5 0
2 years ago
What is prohibited in a command economy?
aleksandr82 [10.1K]
The answer is b I’m pretty sure
8 0
2 years ago
Jean told her stockbroker to purchase 300 shares of stock of Company ABC at $20 per share. The fee that the stockbroker charges
beks73 [17]

Answer:

The answer to this question is D. Commission

Explanation:

Stockbrokers are legal representatives who executes buy and sell orders for stocks and other securities on behalf of clients.  The fee that the stockbroker charges for this service is called commission  

Hence the answer is D. commission

8 0
3 years ago
Which of the following best describes an opportunity cost:
MissTica

Answer:

The answer is A.

Explanation:

Opportunity cost is the cost of an action that was not chosen or selected. It is also the cost of alternative forgone. For example, Mr A has two choices - taking employment of $20,000 per annum or being self-employed (setting up a farm that will generate $25,000 per annum). He decides to go for farming. The opportunity cost here is the cost of taking the employment ($20,000).

Opportunity cost is relevant in decision making. Companies use opportunity cost when making strategic or tactical decisions. There must be an alternative to every decision which must be considered before making a decision.

Though opportunity cost is a relevant cost but it is never shown on financial statement. It is never part of financial records.

3 0
3 years ago
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