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
Ipatiy [6.2K]
4 years ago
14

Which of the following line items would appear on the income statement of a company that uses the periodic inventory​ system, bu

t not on that of a company that uses the perpetual inventory​ system?
A) Net Sales Revenue
B) Cost of Goods Sold
C) Cost of Goods Available for Sale
D) Operating expenses
Business
1 answer:
irga5000 [103]4 years ago
3 0

Answer:

C) Cost of Goods Available for Sale

Explanation:

Cos of goods available for sale appears in income statement made under periodic Inventory system but it does not in the income statement made under perpetual inventory system. In per periodic system COGS is calculated by adjusting purchases, allowances for purchases, freight and all other cost to cost of goods available for sale. By deducting closing inventory we calculate the COGS. On other hand in perpetual system purchases are added in the opening and purchase return and closing inventory deducted to reach at COGS.

You might be interested in
What does our government do with tax money? How does government affect the business cycle? Income distribution?
Kazeer [188]
Government to invest in technology and education, and to provide goods and services for the benefit of the American people. The government affect the business cycle Use of fiscal policy increased government spending and/or tax cuts is the most common way of boosting aggregate demand, causing an economic expansion.
5 0
4 years ago
When the price of insulin was $10 consumers demanded 100 units, when the price was $15 consumers demanded 100 units, and when th
Flura [38]
Very straightforward
8 0
4 years ago
The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic p
nydimaria [60]

Answer:

a. outsourcing

Explanation:

Outsourcing can be regarded as a cost cutting measures in an organization, it involves the hiring of other party from another organization to perform some services or production in ones organization. The instances of outsourcing are Hiring human resource management as well as facilities management. Another one is hiring a

supply chain management,

It should be noted that The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic production is called outsourcing

5 0
3 years ago
Ramone, a human resource manager, works for TelVille Inc. Initially, he was responsible only for recruitment. After a promotion,
Vinvika [58]

Answer: Both the roles that Ramone played were specialist roles.

Explanation:

From the question it can be noticed that both job roles handled by Ramone the human resource manager of his company are specialist roles. A specialist job role involves an employee just handling a single special task for his/her organization. Employee benefits and requirements are both specific job tasks in human resources.

4 0
4 years ago
Estion 6<br> How much will a $1.42 loaf of bread cost in 25 years based on inflation?
Alex17521 [72]

Answer:

It will cost $17.60 in 25 years based on inflation

Explanation:

7 0
3 years ago
Other questions:
  • An organization decides to improve its raw material handling process by buying a material handling robot. This is an example of
    7·1 answer
  • A budget constraint model differs from a ppf model in that it is a ______ line and represents _________ units of measurement.
    12·1 answer
  • The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is
    5·1 answer
  • Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than ot
    9·2 answers
  • Dawn grew up helping her father work on cars in his auto repair shop and developed into an excellent auto technician. Because of
    14·1 answer
  • Most economists A. apply the assumption that people rarely behave as if they act rationally although they do aim to maximize uti
    12·1 answer
  • A company excludes from the current assets section, the amount of cash restricted for purposes other than payment of current obl
    14·1 answer
  • 23 points left out<br><br> :$&amp;:$:&amp;,&amp;,&amp;,,
    6·2 answers
  • Most real-world choices aren't about getting all of one thing or another, instead, most choices involve _________________, which
    13·1 answer
  • Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!