If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.
Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.
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Answer:
A lot of information is missing, but the answer is the same whether we are told about a specific case or not. If the US Supreme Court decided on a similar case that is under trial in Nebraska, the Nebraska court must follow the decision and guidelines of the US Supreme Court.
The Supreme Court is the highest court in the US, and its decisions must be followed by all lower courts. If a lower court doesn't follow a Supreme Court decision on a similar case, then an appellate court would reverse the decision.
The Supreme Court does not create laws, but it decides on how they should be enforced.
Answer:
Lump-sum salary increase.
Explanation:
A lump-sum salary increase is an amount paid instead of increase in salary. It is not added to the fixed base salary, it is instead given in the form of a single cash payment, as it is the case with Cindy here. This is why it is also known as lump sum bonus, because it is given as a single payment, as it was in Cindy’s case, all given at the beginning of the year.
Answer:
The elasticity of labor is elastic (low elastic).
Explanation:
The given situation or condition, the rise in minimum wage will lead to decrease the employment for the person who earns lower than new minimum wage shows that the labor demand is elastic or elasticity for the labor is low because the increase in the minimum wage lead discourages to the producer to hire unskilled labor. Therefore, employment will decrease with an increase in the minimum wage.
Answer:
a) The warrant are Dilutive
b) Basic EPS $2.62
c) Diluteed EPS = $2.31
Explanation:
a) The warrants are dilute because the cost of exercising the rights is lover than the market price
b) Basic Eps = Total Earning/Share Outstanding = $262,000/100,000 = $2.62
c) Diluted Eps = Earnings/(Shares outstanding+potential shares)
= $262,000/(100,000+13,500) = $2.31
