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erastovalidia [21]
4 years ago
13

Under a periodic inventory system

Business
1 answer:
balandron [24]4 years ago
5 0

Answer:

The correct answer is letter "A": a physical inventory is taken at the end of the period.

Explanation:

When the general ledger is only updated by the end of a period it is said that the firm is using a periodic inventory system. This approach is implemented because physical inventories could be time-consuming. It is even more helpful for small businesses since their inventory is limited.

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The chess club needs to raise money for tournament uniforms. Some members want to sell energy drinks at a football game to raise
Jobisdone [24]

Answer:

according to my opinion you should make a decision tree

7 0
2 years ago
Select one advantage of an annuity for a lender. a.) There is less risk that the borrower will be unable to repay the loan. b.)
Lemur [1.5K]

Answer:

The best choice of the four listed is <u>option a.</u> There is less risk that the borrower will be unable to repay the loan.

Explanation:

In an annuity loan, the payment plan is scheduled in many time intervals, meaning that you will have a lot of time to pay the lender money, no matter how small the amount is. The person borrowing is made to pay money, during this time window, many small amounts of money. Since the borrower will be paying small amount of money from time of time until he or she is done repaying, the lender has an advantage in this situation as they will not be losing money.

7 0
3 years ago
Extra Credit: The people of the Philippines are no stranger to typhoons and yet most people were caught off guard when the typho
Gala2k [10]

Answer:

a. extremely strong winds that destroyed homes

Explanation:

The people of the Philippines are no stranger to typhoons and yet most people were caught off guard when the typhoon Haiyan struck and caused unprecedented number of casualties. The main reason for this was due to extremely strong winds that destroyed homes.

The typhoon Haiyan was unlike any other typhoon the people of Philippines were accustomed to, or even Asia as a continent. It came with extremely strong winds that completely leveled everything in its path, leaving in its wake a mass of casualties and both human and infrastructure.

5 0
4 years ago
Opening trade between two nations would
zloy xaker [14]

Answer:

c. leave the production possibilities unchanged and increase their consumption possibilities.

Explanation:

Economies benefit from trade as each will produce goods with comparative advantage and trade in the foreing market Making increase their consumption possibilities as will sale good at better prices and purchase other imported goods with a lower opportunity cost. Overall economies will benefit from trade most of the times.

4 0
3 years ago
The men's tie buyer has net sales of $1,440,000, expenses of $504,000, and total reductions of $604,800. The buyer wants a profi
irakobra [83]

Answer: $1,195,200

Explanation:

Net sales = $1,440,000

Expenses = $504,000

Reductions = $604,800.

We then calculate the initial mark up which will be the addition of the net sales, expenses and the reduction. This will be:

= $1,440,000 + $504,000 + $604,800

= $1,195,200

5 0
3 years ago
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