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eimsori [14]
3 years ago
15

Sears, Roebuck and Company was a pioneer in: a. providing electric power for New York City b. manufacturing cheap, practical clo

thing c. selling goods by mail d. retail, opening a chain of grocery stores across the United States e. retail, opening a chain of tool stores across the United States
Business
1 answer:
Serjik [45]3 years ago
8 0

Option C

Sears, Roebuck and Company was a pioneer in: selling goods by mail

<u>Explanation:</u>

The endurance of Sears has traversed and incorporated the emergence of contemporary American purchaser habits. Sears berthed the platform for today’s omnipresent online marketplace by their fabulous inventory and the colossal mail-order deals it performed for above a centenary.

Mail-order firms like Sears held capable to enter underserved pastoral regions by pitching on modish foundations, such as the tracks that connected far-flung sections of the nation. It taught millions of purchasers regarding mail-order systems, such as transportation, payment methods, exchanges, and replacements.

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The Coca-Cola Company owns 28 percent of the voting stock of Coca-Cola FEMSA, acquired at book value. Assume that Coca-Cola FEMS
irakobra [83]

Answer:

Investment in Coca-Cola FEMSA            $1,409,800.00

Equity in income of Coca-Cola FEMSA                               $1,409,800.00

Explanation:

Coca-Cola Company  share of Coca-Cola FEMSA reported income  =

28% * $5,000,000= $1,400,000.00

Realized profit on intercompany sales = 28% * ($1,350,000 - ($1,350,000/1.35))= $98,000.00

Unrealized profit on intercompany sales = 28% * ($1,215,000 -($1,215,000/1.35)) = $88,200.00

Equity in Net Income of Coca-Cola FEMSA  =

$1,400,000.00 + $98,000.00-  $88,200.00 = $1,409,800.00

Journal entry:

Investment in Coca-Cola FEMSA             $1,409,800.00

Equity in income of Coca-Cola FEMSA                               $1,409,800.00

8 0
4 years ago
Tyra, an HR manager at an automotive parts facility, received 500 online applications for 30 job openings in the production depa
Sedaia [141]

Answer: job knowledge test

Explanation:

Job knowledge tests, also called mastery tests consist of questions that are designed to assess professional or technical in specific knowledge areas. The job knowledge tests is used to evaluate what an individual knows at the time he or she was taking the test.

A job knowledge test is used to inform employers about what an applicant knows currently. Job knowledge tests are used in cases where applicants are expected to already have certain information before being hired and they are usually useful for jobs that require specialized or technical knowledge which can be gotten over an extended period. Examples of job knowledge tests are tests of computer programming, basic accounting principles financial management etc.

A job knowledge test can either be a multiple choice question format, fill-in-the-blanks and written essays.

3 0
3 years ago
The accountant for Flagger Company prepared the following list of account balances from the company’s records for the year ended
Gre4nikov [31]

Answer:

Net operating income $15,000

Explanation:

Flagger Company

Income statement for the year ended , 31 December

Fee earned

165,000

Less : Operating expenses

Salaries and wages 40,000

Rent expense. 51,000

(91,000)

Gross profit.

74,000

Less: Selling expense.

(44,000)

Profit before interest and tax.

30,000

Less interest expense.

(18,000)

12,000

Add: Interest income.

3,000

Net operating income.

15,000

8 0
3 years ago
The market price of a share of common stock at the time of issuance was $17.00, while the market price of a preferred share of s
Vaselesa [24]

The correct answer is $55

Explanation:

5 0
4 years ago
Le Place has sales of $439,000, depreciation of $32,000, and net working capital of $56,000. The firm has a tax rate of 34 perce
Dennis_Churaev [7]

Answer:

Explanation:

Sales$439,000

Profit Margin = 6% x $439,000 = $26,340

Tax liability = 34% x $26,340 = $8,956.

Cash flow from operations:

Net income $26,340

Add depreciation $32,000

Deduct net working capital changes -$56,000

Deduct tax liability $8,956

Cash flow from operating activities -$6,616

5 0
3 years ago
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