1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
11111nata11111 [884]
3 years ago
12

Which of the following is an example of selling? A college student asking a professor to let him enroll in a course section alre

ady closed. A potential employee making a presentation at a job interview. A salesperson talking about the advantages of the washing machines at his store. All of the above.
Business
1 answer:
Paul [167]3 years ago
5 0

Answer:

A salesperson talking about the advantages of the washing machines at his store.

Explanation:

There is a certain criteria of calling a transaction as selling. There must be some offerings for exchange of some money, or any other article.

When a sales person in the store of washing machines, then it is obvious that all the machines in the store are kept as an offer to buy, further when the salesperson provides the description and that the salesperson targets to attract more customers. Therefore, there is an offering of the product.

Accordingly it will be termed as sales.

In any other case there is no article served for sale.

You might be interested in
If an organizational manual exists, a description of the division of work and the position shown on the organization chart will
allsm [11]
If an organizational manual exists, a description of the division of work and the position shown on the organization chart will be given in the manual or will be located on the company's intranet.

A) True
7 0
3 years ago
Richards Company manufactures a single product. All raw materials used are traceable to specific units of product. Current infor
Mice21 [21]

Answer:

what im iin 5th grade

Explanation:

8 0
3 years ago
Finerly Corporation sells cosmetics through a network of independent distributors. Finerly shipped cosmetics to its distributors
hjlf

Answer:

$0

Explanation:

Finerly should recognize $0 of revenue upon delivery to distributors. Because of the uncertainty of the returns due to the fact that Finerly does not know if it will have to accept the cosmetics back from the distributors if the cosmetics are not sold, Finerly cannot or should not recognize revenue until it either can estimate in a better way its returns or when the sales actually occur.

7 0
3 years ago
The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entri
zvonat [6]

Answer:

e. $104,000.

Explanation:

The computation of the ending capital balance is shown below:

As we know that

Ending capital balance = Opening capital balance + net income - withdrawn amount

where,

Opening capital balance = $64,000

Net income is

= Revenues - expenses

= $100,000 - $48,000

= $52,000

And, the withdrawn amount is $12,000

So, the ending capital balance i s

= $64,000 + $52,000 - $12,000

= $104,000

8 0
3 years ago
ENETEAU CORPORATION
4vir4ik [10]

Answer:

See below

Explanation:

Statement of cash flows for the year ended December 31, 2020 using the indirect method.

Cash flow from operating activities:

Net loss = $12,000

Adjustment to reconcile net loss with cash flows from operating activities:

Depreciation = ($20,000 + $10,000 - $13,000) = $7,000

Loss on sale of land = $2,000

Increase in accounts receivable = ($20,000)

Increase in prepaid expense = ($5,000)

Increase in accounts payable = $6,000

Net cash used in operating activities = ($12,000)

Cash flow from investing activities

Sale of land = ($40,000 - $18,000 - $2,000) = $20,000

Sale of equipment = $5,000

Net cash generated by investing activities = $25,000

Cash flow from financing activities

Retirement of bond = ($12,000)

Proceeds from issuance of bonds = $20,000

Net cash used by financing activities = $8,000

Net increase in cash = $6,000

Add: beginning cash balance = $31,000

Ending cash balance = $37,000

Workings

• Calculation of depreciation

The accumulated depreciation at the end of the year 2020 = ($20,000)

Hence;

Accumulated depreciation at the end of the year 2020 = ($13,000)

Increase in accumulated depreciation during 2020 = $20,000 - $13,000 = $7,000

Add: accumulated depreciation on equipment sold during 2017 = $10,000

Total depreciation expense for 2020 = $7,000 + $10,000 = $17,000

• Calculation of proceeds from sale of land:

Cost of land = $40,000 - $18,000 = $22,000

Loss on sale of land = $2,000

Therefore,

Proceeds from sale of land = cost of land sold - loss on sale of land

= $22,000 - $2,000

= $20,000

• Calculation of issuance of bonds payable during 2020

The bonds payable at the end of year 2019 = $19,000

Hence,

Bonds payable at the end of year 2020 = $27,000

Retirement of bonds during year 2020 = $12,000

Therefore,

Bonds issued during 2020 = $27,000 + $12,000 - $19,000 = $20,000

4 0
2 years ago
Other questions:
  • Almost 80% of business owners are clueless about the competition, resulting in
    11·1 answer
  • .Academic studies suggest that the amount people tip at restaurants is only slightly related to the quality of service, and that
    13·1 answer
  • The Fed promotes secrecy by not releasing the minutes of the FOMC meetings to Congress or the public immediately. Discuss the ef
    5·1 answer
  • The process of identifying the actual measurement scale to assess the variables of interest is called
    8·1 answer
  • Why have labot and management tended to treat each other as adversaries in the U,S. labor relations system?
    5·1 answer
  • Assume the following: The standard labor rate per hour is $17.00. The standard labor-hours allowed per unit of finished goods is
    13·1 answer
  • What may happen if your job does not require you to use the aptitudes you possess?
    12·2 answers
  • Item1 Return to questionItem 1 Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as f
    12·1 answer
  • Definition of parternship​
    7·1 answer
  • You have just won ​$20,000 in the state​ lottery, which promises to pay you ​$1,000​ (tax free) every year for the next
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!