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
USPshnik [31]
3 years ago
14

Which of the following would not be used to pay for previous credit purchases under the periodic system?

Business
2 answers:
fenix001 [56]3 years ago
5 0

Answer:

Debit to Accounts payable ( A )

Explanation:

To pay for previous credit purchases made by a company it can be made by crediting the Accounts payable of the company or by converting the credit to cash payments to the company from whom the company purchased the goods.

Accounts payable is a liability account operated by a company to take care of all the credit purchase made by the company. crediting this account by the company will help offset previous credit purchases while debiting this accounts will leading to worsening the debit conditions of the company towards its suppliers hence this is a means of paying for previous credit purchases

Cerrena [4.2K]3 years ago
4 0
C. Credit to Accounts Payable
You might be interested in
Crane Company had the following account balances:
aivan3 [116]

Answer:

The correct answer is $479,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the total revenue by using following formula:

Total revenue = Net sale + Dividend revenue  + Rent revenue

Where, Net sales = Sales revenue - Sales return

= $445,000 - $34,000 = $411,000

By putting the value in the formula, we get

Total revenue = $411,000 + $10,500 + $58,000

= $479,500

4 0
3 years ago
True or False: In the long run, this increase in health care benefits will make faculty positions less attractive than other job
Kamila [148]

Answer:

true

Explanation:

In simple words, the increase in health care benefits that most of the multinational companies provide to their employees will ultimately leads too less affection towards faculty jobs.

This is due to the fact that the cost health care has been increasing day by day and its hard to maintain a decent life style with a necessary service getting that expensive.

Thus, corporate jobs are more attractive than faculty ones as they provide more assurance to the individuals that they will not be financially destroyed due to medical services.

7 0
2 years ago
Consider an internet or e-commerce company that sells exclusively in the US but wants to expand globally. What kind of strategy
AleksandrR [38]

Answer:

(a) Strategy recommended for initial expansion

Target Markets

Market Entry

(b) Factors to consider when pursuing the expansion strategy

Brand Recognition

Cultural Understanding

Explanation:

There are two parts of this question. Therefore, they are written in details below as points (a) and (b)

<u>(a) Strategy recommended for initial expansion</u>

<u>Target Markets</u>

In order to proceed with any idea/plan at a strategic level, one must consider doing their homework. This means to understand the international customers, what do they buy, at what price is the goods preferred, which methods of shopping best suits them and so on.

<u>Market Entry</u>

Planning on how to enter the market is an important strategy in the plan for initial expansion. This could be achieved by acquiring another business and/or selling unique product/service.

(b) Factors to consider when pursuing the expansion strategy

<u>Brand Recognition</u>

One must question whether your brand is recognized in the market or not and at what level is it recognized. Awareness of brand existence have increased significantly with the help of social media. However, the same could be said about the number of brands available in the market for a single good/service. Therefore, research must be conducted before expanding into new territories.

<u>Cultural Understanding</u>

Culture is different in each country and based on which different market strategies needs to be implemented for each country. Let's say you approach a country where language of the country is not known to your existing employees. Therefore, you may need to train them first before working in the country and this could amount to a significant cost. It's best  to start expansion in those countries where you have better cultural understanding.

7 0
3 years ago
What was the main reason that Carnegie invested in the Frick Coke Company? He wanted to make sure he could always get fuel for h
Nikolay [14]

I believe the answer is: He wanted to make sure he could always get fuel for his steel plant.

At that time, the Frick Coke company was the largest coal producer in the country and they control about 80% of the coal market share. At that time, coal is the most important fuel resources for steel industries, they are used to melt and shapes the steel products.

4 0
2 years ago
Read 2 more answers
Hayley, a restaurant manager, has been observing and analyzing the work process of the cooks, servers, and bussers because she w
zvonat [6]

Answer:

scientific

Explanation:

This discipline is a way of seeing business. What Hayley is applying is a mathematical evaluation in the administration processes, in order to discover the failures produced during the performance of the administration and from there, outline solutions that optimize the restaurant's performance for its new advances.

8 0
3 years ago
Other questions:
  • 2. In what ways are the following three initial assessment methods similar and in what ways are they different: application blan
    10·1 answer
  • List four valuable items that might be kept in an apartment or house. Next to each item, write the estimated dollar amount that
    7·2 answers
  • Economies of scale: Question 1 options: A) are available to small firms but not to large firms due to management inefficiencies.
    6·1 answer
  • The City of Sycamore has investments in bonds. These bonds have an amortized cost of $1,997,000. At year end, the financial pres
    14·1 answer
  • Jermaine, a member of a student organization, supports the move to increase the membership fees for their organization in order
    14·1 answer
  • What determines how the burden of tax is divided between buyers and sellers? Why?
    9·2 answers
  • A partner's interest: a. is the same as the partnership property. b. cannot be attached by creditors. c. cannot be transferred.
    9·1 answer
  • Which of the following terms best describes the cumulative value of net income or loss not taken out of the business?
    10·1 answer
  • Which of the following is an example of an effective persuasive speech topic for a group of elementary school children?
    6·2 answers
  • What vision do you have for your own future?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!