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swat32
3 years ago
7

Which of the following is an example of inventory at a company?

Business
2 answers:
Bingel [31]3 years ago
6 0
A would be an example I think
Ket [755]3 years ago
6 0
D because an inventory is a list of items a company possesses
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Which spreadsheet type will determine how well a business has done over the past year?
Scilla [17]
A profit and loss statement<span> will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly. </span>
8 0
3 years ago
Read 2 more answers
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South
PtichkaEL [24]

Answer:

Queensland 14.7%

New South Wales is 24.0%

Explanation:

This is a case of modified  return on investment since the question was specific that the  return on investment  should in terms margin and assets turnover.

The first task would be to compute margin and turnover  whereas the return on investment  would be  the multiples of both performance measures.

Margin =operating income/sales

Asset turnover=sales/average operating assets

operating income/sales*sales/average operating assets=operating income/average assets

This question also require proofing the above formula as I have done.

                                 Margin                  Assets turnover                      ROI

Queensland$82,320/$784,000=10.5%$784,000/$560,000=1.4     14.7%

South Wales$118,800/$1,485,000=8% $1,485,000/$495,000=         24.0%

R0I=margin*assets turnover

Queensland=10.5%*1.4=14.7%

New south sales=8%*3=24%

8 0
3 years ago
How a product or service will be conceived or designed, how much it should cost, where and how it will be promoted, and how it w
Allisa [31]

Answer:

Marketing Plan

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The marketing strategy of the company is one of the most crucial components of development and growth for the company.

It includes all the activities in which the company makes a strategy and plan of how shall the product be developed, what should be an approximate level of acceptance of cost, and further how it shall be ultimately delivered to maximum consumers.

It is thus, comprised of various steps involved as it relates to a complete task from the beginning to the end of producing and delivering the product.

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3 years ago
Smaller bags of items are generally priced lower per unit than larger bags.
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<span>B. FALSE yes
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3 0
3 years ago
The following information pertains to Crane Video Company:
Mashutka [201]

Answer:

Prepare Bank Reconciliation Statement

Balance at Bank as per Cash Book - Up to date $7,972

Less Lodgements not yet credited :                     ($1,300)

Add Unpresented Cheques                                     $591

Balance as per Bank Statement                           $7,263

Adjusting Entries

J1

Bank service charge $28 (debit)

Cash $28 (credit)

J2

Cash $700  (debit)

Note - Receivable Crane  $700 (credit)

J3

Cash  $36  (debit)

Interest Income $36 (credit)

J4

Service Fee $20 (debit)

Cash $20 (credit)

Explanation:

First Update the Cash Book as follows:

<u>Debit :</u>

Cash balance $7,284

Crane $700

Interest $36

Totals $8,020

<u>Credit:</u>

Bank service charge $28

Crane : fee $20

Balance - Up to date $7,972

Totals $8,020

Then, Prepare Bank Reconciliation Statement

Balance at Bank as per Cash Book - Up to date $7,972

Less Lodgements not yet credited :                     ($1,300)

Add Unpresented Cheques                                     $591

Balance as per Bank Statement                           $7,263

Adjusting Entries

J1

Bank service charge $28 (debit)

Cash $28 (credit)

J2

Cash $700  (debit)

Note - Receivable Crane  $700 (credit)

J3

Cash  $36  (debit)

Interest Income $36 (credit)

J4

Service Fee $20 (debit)

Cash $20 (credit)

7 0
3 years ago
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