Yes debit card are more. Preferred because when you use a debit card you pay on the spot but when you use your credit card it tends to build up and you will have to pay your bill
Answer:
116.67%
Explanation:
Note: <em>Complete question is attached as picture below</em>
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Capital Turnover = Sales / Total Assets
Capital Turnover = $7,000,000 / $1,500,000
Capital Turnover = 4.67
Sales Margin = Operating Income / Sales
Sales Margin = $1,750,000/$7,000,000
Sales Margin = 0.25
Sales Margin = 25%
Division Rate of Investment = Capital Turnover * Sales Margin
Division Rate of Investment = 4.67 * 25%
Division Rate of Investment = 116.67%
It is called the <span>Entire contract.
An insurance contract arrangement that restrains the assertion between the safeguarded and the backup plan to the arrangements contained in the agreement. The proviso capacities fundamentally for the assurance of the protected.
An entire contract is an essential idea from contract hypothesis. On the off chance that the gatherings to an understanding could indicate their separate rights and obligations for each conceivable future condition of the world, their agreement would be finished. There would be no holes in the terms of the agreement.</span>
Answer:
b. debit Work in Process Inventory, credit Raw Materials Inventory.
Explanation:
In job order costing the cost of each job is part of work in process, up till it is fully completed.
Therefore, when raw materials are added into production, that is the first step of production the raw material inventory decreases, for which inventory of raw material is credited, and with this the work in process increases, as now work will be performed on such inventory.
For this work in process is debited.
Thus, the correct entry for this is:
Debit the Work in process inventory because it is increased,
Credit the raw material inventory as it has decreased.