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Jlenok [28]
3 years ago
7

Periodic review systems require smaller safety stock levels than corresponding continuous review systems. Group of answer choice

s False True
Business
1 answer:
xxMikexx [17]3 years ago
6 0

Answer:

The statement is: True.

Explanation:

The periodic review system is a method to keep track of the inventory of a company by reviewing the ledger after specific intervals. On the other hand, the continuous review system requires to take a look at the inventory stock every time part of it leaves or gets into the firm. The periodic review system is more practical because it does not imply having the information of the stock at all times.

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You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What
ale4655 [162]

Answer:

a)$2,043.14

Explanation:

The discount is applicable when both items are bought together.

the total bill for the two items will be  $12,695.95 + $924.95

=$13,620.90

15% discount  of $13,620.90

=15/100 x $13,620.90

=0.15 x $13,620.90

=$2,043.135

=$2,043.14

5 0
2 years ago
Amanda looked up at the scoreboard and exclaimed, "Wow, that is so vivid and fantastic. I don't know what that cost, but it is a
Neko [114]

Answer:

Electronic equipment

Explanation:

Throughout history, sport has evolved while society has done it. Both at a professional or elite level and at an amateur level, the sport has undergone several revolutions, some of them due to technological inventions.

There is no sport that has not undergone a technological revolution, one way or another. Some, like basketball, have been more prone in this regard, while others have been sidelined. But without a doubt, nobody escapes the tentacles of innovation.

Technology in sports has been included to apply its rules more easily, be more objective, and improve the accuracy of the sport. They are tools that facilitate the practice of sport.

3 0
2 years ago
The University Store, Inc. is the major bookseller for four nearby colleges. An income statement for the first quarter of the ye
Effectus [21]

Answer: $30,000

Explanation:

Sales are $800,000 and the average price is $40. Number of units sold is;

= 800,000/40

= 20,000 units

Sales                $ 800,000  

<em>Less</em>: Cost of Goods Sold                 ($560,000)  

Gross Margin                  <u>$240,000</u>  

Less : Variable Costing  

Selling Expenses (20,000 units X $3.00)                  ($60,000)

Administrative Expenses (5% of $ 800,000)               ($40,000)  

Contribution Margin               <u> $140,000</u>  

Less: Fixed Cost  

Selling Expenses ($100,000 - $60,000)                    ($40,000)  

Administrative Expenses ($110,000 -$40,000)                     ($70,000)  

Net Operating Income                  <u> $30,000</u>  

3 0
3 years ago
Which of the following statements is true?
GalinKa [24]

Answer:

3:

A college may withdraw its offer of acceptance if it finds out you have lied on

Explanation:

Colleges and universities are very particular about the information provided on application forms. Any misrepresentation of facts that the college considers as significant may result in the withdrawal of an offer acceptance letter.

A college may revoke an admission letter if they discover inconsistency in a student's records. For instance, a sudden change to higher grades may indicate cheating. If investigated and found correct, the college may revoke its offer acceptance letter.

3 0
2 years ago
Taylor Company has $10,000 of assets, $2,000 of liabilities, and $5,000 of common stock. Based on this information alone, the co
Citrus2011 [14]

Based on this information alone, the company's retained earnings equal $3,000.

<h3>Retained earning</h3>

Using this formula

Retained earning= Assets-liabilities-Common stock

Where:

Assets=$10,000

Liabilities=$2,000

Common stock=$5,000

Let plug in the formula

Retained earning=$10,000-$2,000-$5,000

Retained earning=$3,000

Inconclusion  the company's retained earnings equal $3,000.

Learn more about retained earning here:brainly.com/question/25631040

3 0
2 years ago
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