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professor190 [17]
3 years ago
6

A department store uses a perpetual inventory system. At year-end, it shows a balance in the merchandise inventory account of $2

million. Assuming that the inventory records have been maintained properly, a year-end physical inventory _________.
Business
1 answer:
defon3 years ago
5 0

Answer:

will probably indicate less than $2 million in merchandise on hand.

Explanation:

Perpetual inventory system is when information regarding quantity and availability in inventory of a business is continuously updated. Sale or purchase big inventory is recorded immediately with the use of computerised point of sale systems.

The department store uses a perpetual inventory system. At year-end, it shows a balance in the merchandise inventory account of $2 million. The physical inventory will probably be less than $2 million because it adjust its records to make the recorded inventory amount agree with the actual inventory on hand at end of year.

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Answer:

Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.

Explanation:

Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.

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4 years ago
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4 0
4 years ago
The market for household appliances in Richland is monopolistically competitive. Some firms in this market are incurring losses.
alina1380 [7]

Answer:

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8 0
3 years ago
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Answer:

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