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3 years ago

Under a periodic inventory system

Business

1 answer:

balandron [24]3 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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In 1976, ron wayne sold his 10% ownership of which company for $800? walmart

Allisa [31]

Ron Wayne or Ronald Gerald Wayne sold 10% of his ownership of the Apple Computer (now Apple Inc.) in 1976 for $800. He is a retired American Electronics Industry worker that have co-founded the Apple Computer together with Steve Wozniak and Steve Jobs. He was responsible for giving administrative oversight for the venture of the new company during that period. If he had kept his shares, he would have gained $75.5 billion worth of shares from the said company.

3 0

3 years ago

Explain how the looting of shops and malls will affect businesses in terms of the relationship between the social responsibility

Reil [10]

Businesses decrease their incentives that will lead to minimizing their ability to carry out their part for social responsibility of the triple bottom line.

The bottom line is an obligation on businesses to not just look for their profit but include and maintain a good balance between these factors:

economic growth

social welfare

environment impact

Similarly, businesses need to follow the Triple bottom line in these ways:

Making profits

Making sure that there is positive social welfare on their part.
Maintain ecological footprint

Thus, by the looting of shops and malls, the ability of businesses to meet both their social responsibility and Triple bottom line is minimized and not as it was in normal conditions.

Learn more about social responsibility and Triple bottom line here: brainly.com/question/1339420

8 0

2 years ago

If joe and mary smith have money market accounts of $100,000, real estate holdings of $300,000, loans of $25,000, and investment

kirill115 [55]

Answer:410,000

Explanation: 100000+300000+10000

7 0

1 year ago

Osawa, Inc., planned and actually manufactured 260,000 units of its single product in2017 , its first year of operation. Variabl

AVprozaik [17]

Answer:

(a) $ 530,000

Explanation:

total production 260,000 units

variable manufacturing $26 per unit = $6,760,000

variable S&A $11 per unit

planned and actual fixed manufacturing $520,000

planned and actual fixed S&A $370,000

total costs during the year = $10,510,000

units sold 180,000 x $44 = $7,920,000

cost of goods sold per unit = ($26 x 180,000) + (180,000 x $520,000/260,000) = $4,680,000 + $360,000 = $5,040,000

total operating expenses = ($11 x 180,000) + $370,000 = $1,980,000 + $370,000 = $2,350,000

net income = $7,920,000 - $5,040,000 - $2,350,000 = $530,000

7 0

3 years ago

When the economy is at full employment,

satela [25.4K]

Answer:

The correct answer is (D)

Explanation:

Actual adjusted budget and cyclically adjusted budget are critical to obtain full employment in the economy. Although, it is quite difficult to achieve full employment rate, but if an economy achieves it, the actual budget is can be equal to cyclically adjusted budget. This means, an economy’s expenditures are exactly equal to spending. It can only be achieved when an economy's GDP is at full potential.

4 0

3 years ago