A SWOT analysis helps companies put a priority on market research. O True O False

During July, Laesch Company, which uses a perpetual inventory system, sold 1,430 units from its LIFO-based inventory, which had

ohaa [14]

Answer:

Laesch Company

Journal entries:

Sale of 1,430 units

Debit Cash or Accounts Receivable $40,040

Credit Sales Revenue $40,040

To record the sale of 1,430 units of inventory at $28.

Debit Cost of goods sold $27,170

Credit Inventory $27,170

To record the cost of the goods sold at $19.

Sale of 1,390 units

Debit Cash or Accounts Receivable $38,920

Credit Sales Revenue $38,920

To record the sale of 1,390 units of inventory at $28.

Debit Cost of goods sold $26,410

Credit Inventory $26,410

To record the cost of the goods sold at $19.

Explanation:

Laesch Company can use Journal entries to record its business transactions as they occur on a daily basis. Journal entries show the accounts involved in any transaction and the one to be debited or credited. From the journal, postings are made to the general ledger into individual accounts.

3 0

4 years ago

Assume you are Helena Fogarty, the CEO and founder of Mi Ola, and you are engaged in an intense group decision making process wi

Annette [7]

Answer:

The correct answer is letter "B": The decisions you make are constantly changing with imperfect information available.

Explanation:

Decision-making is complicated to be made through programmed systems because there are several variables to be considered in the process. The most important is that businesses are subject to changes in the market that can happen suddenly, meaning what could work today might not tomorrow.

Besides, the information entered in the system must be perfect to obtain an accurate outcome. However, decision-making is based on data that can be precise like the information portrayed in the financial books of the firm but if there is a mistake committed, even if minimal, the programmed decision could fail.

8 0

3 years ago

Turbo Technology Corp. recently went public with an initial public offering of 3.03 million shares of stock. The underwriter use

Leokris [45]

Answer:

$8.23 per share

Explanation:

Total funds received by Turbo = (3.03 million shares x $ 7.65 per share) - $230,000

= $23,179,500 - $230,000 = $22,949,500

Gross Proceeds = Net Proceeds + Underwriter's Spread

Gross Proceeds = (Gross Proceeds * 0.07) + $7.65 per share

(Gross Proceeds – 0.07 Gross Proceeds) = $7.65 per share

Factorize gross proceeds mathematically to get

Gross Proceeds (1-0.07) = $7.65 per share

Gross Proceeds (0.93) = $7.65 per share

Gross Proceeds = $\frac{7.65}{0.93}$

Gross Proceeds = $8.23 per share

7 0

3 years ago

You are trying to get a group of students interested in forming an organization to help fight fee increases at your college. Unf

Studentka2010 [4]

Answer:

The correct action is the option B: Don't talk about taking action. Instead, get to know your team members better.

Explanation:

To begin with, if the person is trying to create a group that is involved in the situation and works together then the best option to take at the beginning would be to get to know them better, so in that way the person would understand them and know what motivates each one the members in order to make them understand as well why would be benefitial for everybody to fight the fee increases and he can do that by explaining to everyone how those increases would impact in what motivates them the most. So that is why, is better to understand them and explain them later how to take action.

3 0

3 years ago

If you purchase an item in a store you may be charged? Income tax, capital gains tax, sales tax, property tax?

Nesterboy [21]

Sales tax. i just had this question yesterday haha

4 0

4 years ago

Read 2 more answers

A SWOT analysis helps companies put a priority on market research. O True O False​

A SWOT analysis helps companies put a priority on market research. O True O False