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3 years ago

Which of the following is a characteristic of a perpetual inventory system?

Business

1 answer:

Darina [25.2K]3 years ago

4 0

Answer:

c. Cost of goods sold is recorded with each sale.

Explanation:

In the perpetual inventory system, the inventory is recorded. It helps to keep the inventory records during the particular period.

The examples are purchase, purchase return, sales and sales return and sales discounts and purchase discounts

After each transaction, the inventory and the costs of goods sold are updated after each sale

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Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation.

Luda [366]

Answer:

Note: The missing part of the question is

" 2017'million 2016'million

Total asset 77 50

Total liability 18 13"

Solution:

Stockholders Equity at year end

2017 2016

Assets 77 50

Less: liabilities -18 -13

Equity at end 59 37

Note: Situation 1, 2 and 3 is the same as question 1, 2 and 3

Situation 1 Situation 2 Situation 3

$'million $'million $'million

Total stockholders Equity 37 37 37

Jan 31 ,2016

Add: Issuance of stock 13 0 20

Less: dividend declared 0 -17 -27

Net income 9 39 29

Total stockholders Equity 59 59 59

January 31,2017

7 0

3 years ago

_______ is not considered to be a "developing" nation. A. Brazil B. India C. China D. Japan E. Mexico

PIT_PIT [208]

Answer:

A. Brazil

Explanation:

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3 years ago

Distinguish policies on external competitiveness from policies on internal alignment. Why is external competitiveness so importa

My name is Ann [436]

Answer:

The answer is given in detailed below along with headings separated for each part of the question

Explanation:

External Competitiveness and Internal Alignment

The comparisons with competitors with regard to the income received, some of which offer even high salaries in order to get the best individuals to work for them refer to as external competitiveness. While in the case of Internal alignment the comparison is done on the individuals job or skill level with each others and with the organisations objectives.

Importance of External Competitiveness

This is important depending on the goal of the organisations such that they provide attractive pay packages to retain their employees while ensuring that the labour cost is controlled so that it's products/services prices remain competitive in the market.

Factors shaping the organisations external competitiveness

The factors affecting the external competitiveness are as given below:

(1) Customs specific to both the organisations and its employees.

(2) Labour Market Competition

(3) The Competition in the market of product/service

These factors combined affect the level of pay an employee receives within an organisation.

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2 years ago

The leading and the lagging strands differ in that _____.

lesya692 [45]

Answer: Option (C)

Explanation:

The known key difference in between the leading and lagging strand can be described as that leading strand is referred to as DNA strand, that tends to grows continuously during the process of DNA replication on the other hand lagging strand is known as DNA strand, which tends to grow discontinuously by formulating the segments referred to as the Okazaki fragments.

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3 years ago

There are ten polluting firms, Firm1,. . . ,Firm10. Each firm emits 100 pounds of pollution prior to any regulations (so there a

aleksklad [387]

Answer:

Answer for the question:

There are ten polluting firms, Firm1,. . . ,Firm10. Each firm emits 100 pounds of pollution prior to any regulations (so there are currently 1,000 pounds being emitted). Each firm has constant marginal abatement costs, but the costs vary across firms. Conveniently, the firms’ names indicate their marginal abatement costs. Firm1’s marginal abatement costs are constant at $1 per pound, Firm2’s marginal abatement costs are constant at $2 per pound,. . . , and Firm10’s marginal abatement costs are $10 per pound.

a. Suppose the regulator wants to achieve a 25% reduction in pollution (250 pounds). What is the cost effective allocation of emis- sions across the ten firms?

b. What are the total abatement costs for society to achieve a 250 pound reduction in emissions?

c. The marginal damage of pollution in this city is given by MD= 4-1/250 X, where X is the total reduction in pollution. What is the optimal level of pollution?

is given in the attachment.

Explanation:

8 0

3 years ago