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igor_vitrenko [27]
3 years ago
11

Jackson Company uses a perpetual inventory system. On November 30, it purchased $10,000 of merchandise and it must pay the $200

shipping charges. The credit terms for the merchandise were 2/10, n/30. The company paid for both the merchandise and the shipping charges nine days after their invoice dates. Which of the following is part of the required journal entry when Jackson pays the shipping charges of $200A) A debit to Inventory for $200
B) A debit to Freight-in for $200
C) A debit to Freight-out for $200
D) A debit to Cash for $200
E) A credit to Accounts Payable for $200
Business
1 answer:
pshichka [43]3 years ago
8 0

Answer:

Option (A) A debit to inventory for $200

Explanation:

The entire cost of purchasing products (including the cost of having the inventory shipped to the buyer) is reported as part of the cost of the inventory in a perpetual inventory system.

The entry of paying the charges for shipping is included in debit to inventory for $200 and a credit to cash for $200.

Hence,

The answer is option (A) A debit to inventory for $200

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Sylvia mused to herself, "It has taken over 30 years, but I've finally been named CEO of a major firm. Now, I can concentrate on
Natasha2012 [34]

Answer:

Strategic.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or an example to the employees working in an organization by being morally upright.

A strategic manager is also referred to as a top-level manager and he or she is mainly focused on setting goals, objectives, and procedures in order to enhance the survival, growth, and overall effectiveness of a business firm.

Hence, Sylvia can concentrate on what she really want to do as a strategic manager, by focusing on the survival, growth, and overall effectiveness of our firm.

5 0
3 years ago
There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $3
Arte-miy333 [17]

Answer:

Alpha = 42%

25%

I would accept the alpha project because it has the higher IRR

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Alpha

Cash flow in year 0 = $-35,265

Cash flow in year 1 = $32,000

Cash flow in year 2 = $22,500

Cash flow in year 3 =  $4,500

IRR = 42%

Beta

Cash flow in year 0 = $-35,265

Cash flow in year 1 =8,000

Cash flow in year 2 =23,000

Cash flow in year 3 =27,627

IRR = 25%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

6 0
3 years ago
In an essay of at least two well-developed paragraphs, explain how making regular deposits in a savings account or buying shares
Ainat [17]
When you deposit your money to the bank, you are giving the bank the cash that they need to lend to borrowers or the cash they can invest in other form of investment like bonds and stocks. 

The banks will earn interest from these loans and investments while the depositor will earn from the interest that the bank will pay you.

Money deposited in the bank that is loaned to other people will most likely be used to put up businesses or expand businesses. With the increase of businesses in the community, a lot of people will be hired and their salaries and wages will be used to augment their basic needs. Needs that they will buy from their local stores. Thus, continuing the cycle of the economy.  


5 0
4 years ago
Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cute product t
Rasek [7]

Answer:

HELLO SOME PARTS OF THE QUESTION IS MISSING ATTACHED BELOW IS THE MISSING PARTS

answer : 13156

Explanation:

Considering only products primarily in the core segment last year.

they are : Ant, cone, cute,Drat and Daze

From the question it is assumed that Chester's product Cute and other products in its Core segment will be increased  by 10% this year hence we will calculate the 10% increase of each core product and add it to its initial value

For ANT (1550)

will become = 1550 + ( 10% * 1550 ) = 1705

For CONE ( 1050 )

will become = 1050 + ( 10% * 1050 ) = 1155

For Cute ( 1300 )

will become =  1300 + (10% * 1300 ) = 1430

For Drat ( 1040 )

will become = 1040 + ( 10% * 1040 ) = 1144

For DAZE ( 1040 )

will become = 1040 + ( 10% * 1040 ) = 1144

The total capacity of the current year = 1705 + 1155 + 1430 + 1144 + 1144 = 6578

Hence the Total capacity the Industry will produce in the core next year still applying the 10% increment will be = 2 * 6578 = 13156

7 0
3 years ago
A
zysi [14]
The answer is a. if not I’m very sorry
5 0
3 years ago
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