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Andreyy89
4 years ago
8

When a company recognizes cost of goods sold, how does that event impact the elements of the financial statements? (Ignore the e

ffects of recognizing sales revenue.
Business
1 answer:
jarptica [38.1K]4 years ago
6 0

Answer:

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;'

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;';/".mk,..;

Explanation:

b ,  m, ./

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Explain why employers need to satisfy the principles of 'clarity' and 'challenge' when setting goals..
Elenna [48]

Goals need to have clarity so that there is no misunderstanding of what is expected. There should be clear measurable outcomes that help employees stay o track.

Goals should be challenging enough to make employees work but should not be unreasonable. This helps employees feel important and that they are not just completing menial tasks.

3 0
3 years ago
ou are the loan department supervisor for the Pacific National Bank. The following installment loan is being paid off early, and
satela [25.4K]

Answer:

$56.74

Explanation:

Base on the scenario been described in the question, we can use the following method to solve the problem

Solution Correct Response Calculate the amount financed, the finance charge, and the monthly payments for the following add-on interest loan. Purchase(Cash) Price Down Payment Amount Financed Add-onInterest Number of Payments Finance Charge $78810% $8%12 $56.74

4 0
4 years ago
Suppose that Jack makes an offer to sell the restaurant on July 10th. Hal and Sophia decide to think it over. On July 15th they
Anon25 [30]

Answer:

D) Yes, a valid contract was formed on July 15th when the letter of acceptance was sent.

Explanation:

Legal CONTRACT: An arrangement between two parties to provide a goods or services that is statute, written or verbal contract enforceable by law.

Basics for a valid contract: 1.Free Parties approval. 2.The legal review i.e. there must be legitimate approval

3 0
3 years ago
Growing perpetuity: You are evaluating a growing perpetuity investment from a large financial services firm. The investment prom
andrey2020 [161]

Answer:

The correct answer is $357,142.86.

Explanation:

According to the scenario, the given data are as follows:

Initial payment = $20,000

Growth rate = 3.4%

Discount rate = 9%

So, we can calculate the present value, by using following formula:

Present Value = Initial payment ÷ ( Discount rate - Growth rate)

By putting the value, we get

= $20,000 ÷ (0.09-0.034)

= 357,142.86

Hence, The present value of this Growing perpetuity is $357,142.86

8 0
3 years ago
Olympia Marketing has instituted new policies around misappropriation of assets, conflicts of interests, and kickbacks. Also wit
777dan777 [17]

Answer:

b) policies and procedures manual.

Explanation:

A company's policies and procedures manual is essential for establishing norms and rules that will guide the company's operation.

Through corporate policies, it is possible to determine actions, conducts, practices and values ​​that the company adopts in order to achieve its objectives and goals, and demonstrate what are its fundamental values ​​that give this organization its own identity and the foundations that will make it different from other companies in the competitive market.

8 0
3 years ago
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