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inna [77]
2 years ago
8

Retail stores are often classified on the breadth and depth of their merchandise assortment. The breadth of the merchandise is t

he number of different lines available. The merchandise breadth may be classified as ________ or ________.
Business
1 answer:
Crank2 years ago
6 0

Answer:

<u>narrow</u> ; <u>broad </u>

Explanation:

<em>Retail stores are often classified on the breadth and depth of their merchandise assortment. The breadth of the merchandise is the number of different lines available. The merchandise breadth may be classified as </em><u>narrow</u> or <u>broad</u>.

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Which of the following is an accounting procedure that (1) estimates and reports bad debts expense from credit sales during the
Murljashka [212]

Allowance method of accounting for bad debts .

Option - B

<u>Explanation: </u>

The financial accounting term payments method refers to a system that is unplayable and records a bad debt expenditure estimate in the same period of accounting as the purchase. The deduction is used to adjust the cash flow accounts receivable.

The payment method is a better solution to the direct payment method because it is in line with the matching accounting theory.

Bad debts expenses are recognized soon since bad debts are likely and can be estimated to a fairly precise degree so that they meet the criteria necessary to recognize predicated losses and recognize the costs of bad debts.

7 0
2 years ago
_______ is the practice of sharing with employees at all levels of an organization vital information previously meant for manage
Elan Coil [88]

Open book management is the practice of sharing with employees at all levels of an organization vital information previously meant for management's eyes only.

Open book management (OBM) is defined as empowering every employee of an organization with required knowledge about the processes, adequate training and powers to make better decisions which would help them in running a business.

Open-book management is underlined by the theory that workers are more motivated and productive when they are treated as business partners – who traditionally have access to financial data – rather than employees. Open-book management nearly always improves near-term financial results. OBM is that it makes a company stronger over the long haul.

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5 0
1 year ago
The board of directors of Capstone Inc. declared a $0.40 per share cash dividend on its $3 par common stock. On the date of decl
Doss [256]

Answer:

$7,200

Explanation:

To solve this problem, we use the calculation of dividends formula.

This is represented as follows:

Dividends = (Number of shares issued - Treasury stock held) * dividend per share

According to the parameters in the question, number of shares issued = 23,000

Treasury stock held = 5,000

Dividend per share = $0.40

Substituting these values, we have:

Dividends = (23,000-5,000) * $0.4

Dividends = 18,000 * $0.4 = $7,200

The entry when the dividend is declared is $7,200

6 0
3 years ago
Read 2 more answers
Marisol's online jewelry store originally sold only earrings and necklaces for women. After adding men's rings and cuff links, p
den301095 [7]

Answer: C. Profitability of unisex watches.

Explanation: Merchandising strategy is a business tactics or process that contribute or bring in sales of goods and services for profit.

Marisol made double profit when she added men cufflinks and men rings to her online jewelry store business. Now she wants to consider adding unisex watches to it, using merchandising strategy she should consider the profitability of " unisex watches ".

5 0
2 years ago
True or false: Once you are signed up for overdraft protection, you cannot opt out.
Tanya [424]

There are different kinds of draft. Once you are signed up for overdraft protection, you cannot opt out is a false statement.

<h3>Can one opt out of overdraft protection?</h3>

When a person have already signed up for overdraft protection, The person can contact the bank so as to opt out.

Here, Your debit card will be rejected once  you exceed your balance, but you will not be able to be hit with overdraft fees.

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