1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
motikmotik
3 years ago
10

The __________ empowers the ftc to establish limits on quantity discounts, forbid some brokerage allowances, and prohibit promot

ional allowances except when made available on proportionately equal terms.
Business
1 answer:
Nataliya [291]3 years ago
6 0
<span>The Robinson–Patman Act is a U.S. federal law that bans chain stores from setting competitive prices on their products. This law was set in place to protect smaller shops and prevent price discrimination. In addition to this benefit, it forbid brokerage allowances as well, among other positive changes with the passing of the law.</span>
You might be interested in
Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory syste
inessss [21]

Answer:

The journal entries are recorded below;

Explanation:

July 1.

1. Inventory   Dr.$6,700

  Accounts Payable Cr.$6,700

2. A/R Creek Co.    Dr.$950

   Sales Revenue   Cr.$950

Cost of Goods Sold Dr.$558

Inventory                  Cr.$558

3. inventory   Dr.$125

   Cash          cr.$125

8.  Cash          Dr.$2,400

     Sales Revenue Cr.$2,400

Cost of Goods Sold    Dr.$2,000

Inventory                     Cr.$2,000

9. Inventory      Dr.$2,400

  Accounts Payable-Leight Co   Cr.$2,400

11. Accounts Payable Dr.$400

 Inventory                 Cr.$400

12. Cash                  Dr.$931

    Discount Allowed Dr.$19

    A/R CreekCo.         Cr.$950

16.  Accounts Payable   Dr.$6,700

     Bank                            Cr.$6,566

    Inventory                      Cr.$  134

19. A/R Art Co       Dr.$1,200

    Sales Revenue  Cr.$1,200

Cost of Goods Sold   Dr.$800

Inventory                    Cr.$800

21. Allowance on Goods Dr.$200

   A/R Art Co.                   Cr.$200

24.  Accounts Payable     Dr.$2,400

      Bank                            Cr.$2,352

      Inventory                     Cr.$48

30.   Bank     Dr.$1,000

       A/R Art Co.(1,200-200)  Cr.$1,000

31. A/R Creek Co.   Dr.$6,900

    Sales Revenue   Cr.$6,900

Cost of Goods Sold    Dr.$5,500

Inventory                    Cr.$5,500      

7 0
2 years ago
Read 2 more answers
A seller received a rental payment of $100 in advance. At closing, the seller has "earned" only $32 of this rent. What should ap
allsm [11]

Answer:

$68 appears as the amount unearned but received (or still paid in advance) in the closing statement

Explanation:

Amount received in advance = $100

Amount earned = $32

Amount (in advance at closing) is the difference between the amount originally paid in advance and the amount earned

Amount (in advance at closing) = $100 - $32

                                                    = $68

The amount that will appear in the closing statement as rental payment still in advance is $68.

3 0
2 years ago
Why do you think there is wi-fi activity even when you are not actively using network services?
BaLLatris [955]
Always streaming data
8 0
2 years ago
Spurling et al. investigated the effects of two vocabulary learning strategies on word retention two weeks later. in this exampl
oee [108]

Learning strategy is the <u>independent </u>variable and word retention is the <u>dependent </u>variable.

A dependent variable is the thing that is being measured or tested by changes in the independent variable. Spurling wanted to test how word retention <em>depended </em>on different learning strategies.

7 0
2 years ago
Read 2 more answers
Most informational reports are written a. by only top business executives. b. using the indirect organizational strategy. c. for
Aliun [14]
<h2>using formal writing style</h2>

Explanation:

Informational reports are written for the purpose of internal audience.

A formal writing style consists of the following:

  • It will be written using active voice
  • Will avoid vague language
  • Sentences will be crisp and clear. No too lengthy sentences are allowed
  • Abbreviations will not be present
  • Sentences will include items expressed in a positive way
  • There will not be any exaggeration of pointers
  • No exclamation mark will be outside the quotation marks.
8 0
3 years ago
Other questions:
  • Too Young, Inc., has a bond outstanding with a coupon rate of 6.9 percent and semiannual payments. The bond currently sells for
    7·1 answer
  • to have demand, what must you have a) a desire for the item. b) the ability to pay for the item. c) the desire and the ability t
    11·1 answer
  • Wiser Pharmaceutical has received a utility patent from the US Patent and Trademark Office. It sold this patent to another pharm
    15·1 answer
  • The payments a business makes for investing in capital expenses are known as : A) profits
    8·2 answers
  • Does anyone know anything on accounting????
    13·1 answer
  • A stock just paid an annual dividend of $1.8. The dividend is expected to grow by 8% per year for the next 3 years. The growth r
    7·1 answer
  • 6. Which of the following has the lowest liquidity?
    13·2 answers
  • The owner of consigned goods is called the and the one who sells goods for the owner is called the :
    7·1 answer
  • Instructions:wikarambulan is a sound like game. by saying\pronouncing and connecting the word, reveal the elements and factors o
    8·1 answer
  • To use the _____ method, a company must maintain records of inventory and purchases at cost and at current selling price.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!