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ad-work [718]
3 years ago
15

Which of the following actions is a good example

Business
1 answer:
Kisachek [45]3 years ago
3 0

Answer:

A,B,C

Explanation:

You might be interested in
An inventory error not only affects the current year's cost of goods sold, gross profit, net income, current assets and equity,
pychu [463]

The correct answer is "ending inventory of one period is the beginning inventory of the next period."

An inventory error not only affects the current year's cost of goods sold, gross profit, net income, current assets, and equity, but also the next period's statements because ending inventory of one period is the beginning inventory of the next period.

That is why the manager has to be strict regarding the inventory of a company. Inventory has a cost that can be translated into money. So accountants have to be perfect regarding the inventory. So yes, ann error in keeping the inventory affects the company in that the ending inventory of one period is the beginning inventory of the next period. An internal audit can reveal the mistakes in accurately keeping the inventory. So it is better to put extra attention in the process so nothing wrong would be revealed after the audit.

7 0
3 years ago
Anastasia was trying to decide which investment plan would be best over 10 years. Bank A was offering 8.5% simple interest on he
mario62 [17]

Answer: Bank B is the better investment. In 10 years, her $2,000 will grow to $4,317.85, and with bank A, her $2,000 will grow to $3,700.

Explanation:

Bank A was offering 8.5% simple interest. $2000 with 8.5% simple interest. = A = P(1 + rt)

A = 2000(1+(0.085*10))

= 2000(1+0.85)

= 2000(1.85)

= 3,700

Bank B was offering 8% compounded annually

= A = P(1+r/n)^nt

A= 2000(1+8%/1)^1*10

A= 2000(1+0.08)^10

A= 2000(1.08)^10

A= 2000*2.1589

= 4,317.85

8 0
3 years ago
Read 2 more answers
If you wanted to make sure a company has enough money available to pay ts
vovikov84 [41]

Answer:

D

Explanation:

The cash flow statement, as the name implies, report the use of company's real cash use in three area: investing, operating and financing activities as well as cash available at the beginning of the period and the end of the period as the result of three activities mentioned above.

3 0
3 years ago
In today's organization, many employers appear to prefer to work for a supervisor with a ________ leadership style.
vova2212 [387]
<span>A supervisor in today's work environment needs to be flexible and adaptable. Employees today expect a lot more opportunities to do things such as work from home. Also in today's more technological world, demands on the supervisor and employer change frequently. Because of all of this, employers and employees prefer a people-centered leadership style.</span>
3 0
3 years ago
Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. Th
netineya [11]

Answer:

A) 100

Explanation:

total sales 3,600 units

cost per unit $200

cost of placing order $40

holding cost $20 per year

working days 360 per year

lead time 5 days

If Mark orders 200 units each time, his average inventory ?

daily sales = total sales / working days = 3,600 / 360 = 10 units per day

number of orders per year = 3,600 / 200 = 18

Mark places one order every = 360 days / 18 orders = 20 days

average inventory = (200 units / 20 days) x 10 days = 100

I assume that mark has some type of safety stock that allows him to hold enough inventory to cover for the 5 day lead time.

8 0
3 years ago
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