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3 years ago

Which of the following is one effect of a purchase of $600 of supplies on credit? Select one:

Business

1 answer:

Norma-Jean [14]3 years ago

5 0

Answer:

d. It would increase liabilities by $600

Explanation:

Supplies are part of inventory, and when inventory is purchased it increases assets.

But is it purchased against cash then there is no change as assets in the form of cash is reduced by same.

Further, if these are purchased on credit then the balance of liabilities increases as the increase in liabilities and increase in assets keep the balance sheet equation matching.

Thus, purchasing on credit will increase the liabilities.

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A. At the garage, mechanics changed the

anastassius [24]

Answer:

A. At the garage, mechanics changed the oil, fixed the brakes and checked the transmission.

Explanation:

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3 years ago

U.S. exports create a:____.

alisha [4.7K]

Answer:

B) Supply of foreign currencies and a supply of dollars in the foreign exchange markets

Explanation: just search it up they don't demand for foreign currencies they supply of foreign currencies

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2 years ago

The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rat

zaharov [31]

Answer:

$18,250

Explanation:

In this question, we are asked to calculate the net operating income for a division of a firm.

We proceed as follows;

Turnover=Sales/Average operating assets

Average operating assets=(730,000/2)=$365000

Return on investment=net operating income/Average operating assets

Hence Average operating assets=($365000*5%)

which is equal to

=$18250.

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2 years ago

Baldwin Corp. ended the year carrying $21,580,000 worth of inventory. Had they sold their entire inventory at their current pric

IceJOKER [234]

Explanation:

The given question cannot be answered as little information is provided. However it shall be an amount if $21,580,000. For, complete analysis we need to understand the current prices and various other variable costs. We know that the contribution margin is the Sale Price (SP) minus the Variable Cost (VC). It is the number of sales per unit that will be available to service fixed expenses and to generate the profit.

Therefore, to determine a more detailed answers more inputs are needed.

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2 years ago

Ivory is listening to a manager present statistics that they believe supports a new initiative. Which type of critical thinking

ioda

The type of Critical Thinking Questions that Ivory should ask at this point are:

What are the assumptions?
what are the issues and the conclusions?
Are there fallacies in the reasoning?
How authentic is the data presented?

<h3>What are Critical Thinking Questions?</h3>

Critical Thinking Questions are questions that make inquiries into the veracity of a claim.

They help the evaluator to maintain a logical and rational line of thoughts so that they are able to connect clearly the relationship between facts and ideas.

Learn more about Critical Thinking Questions at:
brainly.com/question/6034421

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2 years ago