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N76 [4]
4 years ago
8

_____ sell products at a discount but do not carry certain brands on a continuous basis and carry those brands they can buy from

manufacturers at closeout or deep one-time discount prices.
Business
1 answer:
bazaltina [42]4 years ago
6 0

Answer:

off-price retailers

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Addition of backlinks to your Blog

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Match the tasis with the professionals who do them
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3 years ago
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5 0
4 years ago
Choosing the decision alternative with the maximum payoff for the most likely state of nature is called
Assoli18 [71]

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Maximax

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6 0
3 years ago
On January 1, a company purchased a five-year insurance policy for $3,700 with coverage starting immediately. If the purchase wa
Pavlova-9 [17]

Answer:

a. debit Insurance Expense, $740; credit Prepaid Insurance $740

Explanation:

Insurance payment for 5 years = $3,700

On January 1, $3,700 has been recorded as prepaid expense by debiting prepaid insurance and crediting cash.

At the end of first year an insurance expense for one year is accrued and should be recorded by transferring balance of $740 from prepaid insurance account to insurance expense account  

Insurance payment per year = $3,700 / 5 = $740 per year

The adjusting entry will be

Debit      Insurance Expense    $740

Credit     Prepaid Insurance     $740

6 0
4 years ago
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