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mina [271]
3 years ago
14

Prepare a tabular summary to record the transactions for the month using a perpetual inventor system.

Business
1 answer:
vfiekz [6]3 years ago
6 0

Answer:

                                   <u>Perpetual Inventor System.</u>

<u>                                                                               DR                                CR</u>

<u>                                                                                 $                                  $   </u>

March 2

(a) Accounts receivable                              $850,000

     Revenue                                                                                      $850,000

     Cost of goods sold                               $500,000

<u>  Inventory                                                                                          $500,000</u>

March 6

(b)  Inventory                                                  $60,000

Cost of goods sold                                                                           $60,000

Revenue                                                         $100,000  

<u>Accounts receivable                                                                       $100,000 </u>

March 12

(c)  Bank/Cash                                                      $850,000                      

<u>    Accounts receivable                                                                     $850,000 </u>

Explanation:

perpetual inventory system is an inventory system where inventory records are updated to reflect additions and subtractions inventory. Records will be made when  inventories are received, goods are sold items returned, etc.

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1. You’ve been hired by Nielsen Company to study the market for potatoes. Demand in the potato market is characterized by the de
icang [17]

Answer:

P = MR = 1

Explanation:

The demand function is q = 25 - 12p.

The  total income is the price of potatoes multiplied by the quantities of potato --> P * Q

p*q = p*(25-12p)

p*q = 25p - 12p^2

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2 years ago
Identify the outcomes when a manager views supply chain operations as a collection of processes rather than a collection of depa
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Answer: Managers and workers can view operational activities from a customer's perspective

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Explanation:

Supply chain operations refers to the structures, systems, and processes that are put in place for the execution of the flow of goods and services from the supplier to the customer.

The outcomes when a manager views supply chain operations as a collection of processes rather than a collection of departments or functions include:

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You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X
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Answer:

% in T bills = 18.92%, % in P = 81.08%

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3 years ago
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