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3 years ago

Under a perpetual inventory system, the amount of each type of merchandise on hand is available in the

1 answer:

5 0

The inventory ledger contains the data regarding the amount of each type of merchandise a company has. To add up, the inventory ledger is the record in which its main function is to "track inventory transactions." It is important that the contents of the inventory ledger should coincide with the general ledger.

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Which of the following is a good time management technique

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A. Knowing how to prioritize

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How to Use LinkedIn to Grow Your Sales?

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3 years ago

Suppose that Boeing and Rolls-Royce Holdings are the sole producers of a particular jet engine. The two firms currently charge t

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Answer:

each firm reduces its price.

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3 years ago

On July 1, Hartford Construction purchases a bulldozer for $228,000. The equipment has a 9-year life with a residual value of $1

UkoKoshka [18]

Answer:

a. Depreciation expense per hour:

= (Cost - salvage value) / Expected operating hours

= (228,000 - 16,000) / 26,500

= $8 per hour

b. First year depreciation: Second year depreciation:

= 1,250 * 8 = 2,755 * 8

= $10,000 = $22,040

Third year depreciation:

= 1,225 * 8

= $9,800

Journal entries

Date Account Title Debit Credit

June 30, Year 1 Depreciation $10,000

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Date Account Title Debit Credit

June 30, Year 2 Depreciation $22,040

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Date Account Title Debit Credit

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3 years ago

which economies would you expect to rely LESS on foreign trade as a percentage of their economic activity

Artist 52 [7]

Answer: А. large, more heavily populated, economies like China

Explanation:

Larger countries like China and the US have a higher population which will mean that domestically, they produce quite a lot and so percentage wise would be able to rely less on foreign trade as they will produce a lot of things for themselves.

Smaller countries like Singapore however, will be unable to produce much of what they need and so will have to engage in foreign trade more than larger countries, percentage wise.

Mathematically speaking. Percentage wise, larger countries will rely less on foreign trade because foreign trade will be less compared to their large economies. The reverse is true for smaller countries.

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3 years ago