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3 years ago

The following selected transactions were completed by Capers Company during October of the current year:

Business

1 answer:

Zarrin [17]3 years ago

7 0

Answer:

Date Accounts title and explanations Debit$ Credit$

1-Oct Merchandise inventory 15458

Accounts payable - Sabol imports 15458

3-Oct Merchandise Inventory 9850

Accounts payable- Saxon Co. 9650

Cash account 200

4-Oct Merchandise Inventory 13550

Accounts payable- Schnee Co. 13550

6-Oct Accounts payable -Schnee Co 4350

Merchandise inventory 4350

13-Oct Accounts payable-Saxon Co 9650

Cash account 9457

Merchandise inventory 193

(9650*2%)

14-Oct Accounts payable-Schnee Co 9200

Cash account 9016

Merchandise inventory 184

(9200*2%)

19-Oct Merchandise inventory 27270

Accounts payable - Southmont Co 27270

19-Oct Merchandise inventory 375

Cash account 375

20-Oct Merchandise inventory 21400

Accounts payable -Stevens 21400

30-Oct Accounts payable-Stevens 21400

Cash account 21186

Merchandise inventory 214

(21400*1%)

31-Oct Accounts payable-Sabol imports 15458

Cash account 15458

31-Oct Accounts payable -Southmont Co 27270

Cash account 27270

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3 years ago

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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South

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Answer:

1. Quuen Land Division

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ROI 11.70%

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ROI 15.75%

2. New South wale Division

Explanation:

1. Computation for each division's margin, turnover, and return on investment (ROI)

QUUEN LAND DIVISION MARGIN

Using this formula

Margin =Net operating income/Total Sales

Let plug in the formula

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First step is to determine the Turnover using this formula

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Let plug in the formula

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Let plug in the formula

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NEW SOUTH WALE DIVISION MARGIN

Margin =$ 83,475 / $ 2,385,000

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First step is to determine the Turnover using this formula

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Let plug in the formula

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Turnover =4.5 times

Now let determine the ROI using this formula

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Let plug in the formula

ROI=3.5%*4.5

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2. Based on the above calculation the divisional manager that seems to be doing the better job

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2 years ago

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1 year ago

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Answer:

A.overstate; substitution

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