Answer: periodic inventory system
Explanation:
The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.
In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.
Answer:
If it was likely or probable that the farm co-op would meet the benchmark and get the discount (or rebate), then the journal entry should recognize that. But since it is very doubtful that the benchmark will be met, then the journal entry should be made without considering any type of discount.
I looked for a similar question in order to find the missing numbers:
each trencher is sold at $3,600 and costs $2,000
August 10, 2019, 16 mini trenchers sold to farm co-op
Dr Accounts receivable 57,600
Cr Sales revenue 57,600
Dr Cost of goods sold 32,000
Cr Inventory 32,000
I believe the answer is B. False
It is true that the shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.
<h3>What is corporate governance?</h3>
This refers to a formal system of oversight, accountability, and control for organizational decisions and resources.
It is the set of processes and tools which controls the operations of an organization.
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The effect on economic growth in the country is the capital stock is decreasing.
<h3>What is
economic growth?</h3>
The rise or improvement in the market value of the commodities and services generated by an economy during a specific time period, adjusted for inflation, is referred to as economic growth. Traditionally, statisticians use the real GDP growth rate as a proxy for measuring economic growth. To account for inflation's distorting influence on the pricing of produced items, growth is typically expressed in real terms, or terms adjusted for inflation. Using national income accounting, economic growth is measured. It has all the benefits and disadvantages of that measure since economic growth is calculated as the annual percent change of GDP. Commonly, the GDP to population ratio is used to compare the economic growth rates of different nations (per-capita income).
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