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Oksanka [162]
3 years ago
13

Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases.

true or false.
Business
1 answer:
AysviL [449]3 years ago
7 0
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The statement "<span>Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases. " is true </span>
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48. What is the economic process or activity of producing goods and
fgiga [73]

Answer:

O C. Production

Explanation:

Production is the organized activity of combining different materials (inputs) to make consumable goods and services. It is the process of converting resources to finished products and services for sale. Production occurs to meet the demand for the goods and services in the market.

Entrepreneurship involves the generation of an idea and transforming it into a profitable business. Factors of production are the inputs necessary for making goods and services. These factors of production (inputs) are the ingredients in the production process.

7 0
3 years ago
wise guys consulting receives payment in full totaling $9,000 from a client for services which were rendered and invoiced the pr
Grace [21]

The impact at the time the payment is received is a Revenue $9000 increase with credit.

Turnover is the total amount of revenue generated from the sale of goods or services related to the company's main activities. Earnings, also known as total earnings, are often referred to as the "top line" because they are at the top of the income statement.

Revenue is the total revenue generated from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.

Revenue represents income from business activities and profit represents net profit after deducting expenses from income. Earnings can take many forms, including B. Sales, Commission Income, and Property Income.

The Revenue is used as an indicator of income quality. There are several financial metrics related to this. The main ones are gross margin and profit margin. Businesses also use earnings to determine the cost of bad debts using the income statement method.

Account receivable $9000 increasea  with debit

Revenue $9000 increase with credit

Learn more about Revenue here:-brainly.com/question/16232387

#SPJ4

3 0
1 year ago
Carol Miller went to Europe and forgot to pay her $880 mortgage payment on her New Hampshire ski house. For her 63 days overdue
agasfer [191]
I think the rate of interest is 14 hope this helps

Because if you divide 880 by 63 you would just keep 14 without adding
7 0
3 years ago
A strategic alliance is an organizational relationship that links two separate businesses. an unimportant organizational form in
Elena-2011 [213]

Answer: an organizational relationship that links two separate businesses

                                   

Explanation: In simple words, strategic alliance refers to the business arrangement in which two parties combine their activities for attaining mutual objective but still operating as two separate and independent legal entities.

These business arrangement usually lack legal, agency or cooperate affiliated relationship. Generally such business arrangements are made by the organisation to make their processes more effective and helps the organisations in reducing their costs and risk.

6 0
3 years ago
On a common-size balance sheet all accounts for the current year are expressed as a percentage of:
OLga [1]

Answer:

d. Total assets of the current year.

Explanation:

All accounts of the current year regardless of their nature, what I mean with this is that any account could add or subtract, all that kind of operations at the end give you the total result of the current year, and every account of the respective year could be expressed as a percentage of the total assets of the respective year, for example:

                                                                                                                                                 

Total assets year A         $1000                        Total assets year A  100%  

cash  year A                     $200                         cash  year A              20%        

equipment  year A          $600                          equipment  year A    60%

buildings    year A           $200                          buildings   year A       20%

Every account correspond to the same year of the calculation.

7 0
3 years ago
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