Explanation:
The journal entries are shown below:
On February 1
Account receivable - Sarah’s Cycles A/c Dr $550
To Sales $550
(Being the goods are sold on credit)
Cost of goods sold A/c Dr $375
To Merchandise Inventory A/c $375
(Being goods are sold at cost)
On February 9
Sales return and allowance A/c Dr $137.50 ($550 ÷ 4)
To Accounts receivable - Sarah’s Cycles $137.50
(Being sales return is recorded)
Merchandise Inventory A/c $85
To Cost of goods sold A/c Dr $85
(Being sales return is recorded)
On March 2
Cash A/c Dr $412.50 ($550 - $137.50)
To Accounts receivable - Sarah’s Cycles $412.50
(Being cash is received)
The net profit margin is
= (Net sales - Cost of goods sold) ÷ Net sales
= ($412.50 - $290) ÷ ($412.50)
= 29.69%
The cost of goods sold
= $375 - $85
= $290
Answer:
Which is a correct statement regarding sandwich prices, based on the histogram? The distribution of sandwich prices is skewed left.
i hope this helps<3 :)
Answer:
C
Explanation:
They sell shares at a price to investors. They then use these funds to help grow their business and in turn pay dividends to shareholders
Answer:
Library of Congress (LOC)
Explanation:
A library also known as a bookhouse can be defined as an institution having various collection of books and other informative materials that people can read to gain more knowledge, insight and motivation about a particular topic. An example of a library is the Library of Congress (LOC) located in Washington DC, United States of America.
Library of Congress (LOC) refers to the research library used by the Congress of the United States of America to provide or gain access to a diverse and rich source of knowledge (informations) about things, places, animals, plants, people, etc.
Basically, it comprises of millions of literary works such as manuscripts, books, photographs, maps, recordings, newspapers in its collection and as a result of this, it is known to be the largest library in the world.
The Library of Congress (LOC) offers users an "Ask a Librarian" feature to inquire about the library's collections. Therefore, users can easily make enquiries from a librarian on any thing they aren't clear about using the Library of Congress (LOC).
Answer: Recruitment
Explanation: In simple words, recruitment refers to the process of selecting the suitable employees within an organisation. It involves setting the criteria of selection, attracting the candidates and appointing them in the job they seem capable of.
In the given case, Marisol is hiring the employees and also evaluating the tasks to be performed in the new job.
Hence we can conclude that the correct option is B.
