Probably D. Exotic Species
Answer:
<u><em>Ending Inventory:</em></u> <em>21,267.70</em>
Explanation:
cost retail
beginning 12,700 20,900
purchases 113,930 158,500
markups 9,600
markdowns (7,400)
total 126,630 181,600
inventory to retail ratio: 126,630 / 181,600 = 0.6973
sales revenues 151,100
COGS: 151,100 x 0.6973 = 105,362.30
<u><em>Ending Inventory:</em></u> 126,630 - 105,362.30 = <em>21,267.70</em>
Answer:
Journal Entries
Journal 1 :
Equipment $23,400 (debit)
Cash $23,400 (credit)
Being Purchase of Equipment
Journal 2 :
Cash $6,800 (debit)
Service Revenue $6,800 (credit)
Being Service rendered for Cash
Journal 3 :
Salaries Expense $2,100 (debit)
Cash $2,100 (credit)
Being Salaries expense paid
Explanation:
Narrations have been provided to explain the transaction. Remember to use the account titles provided in accounting for the transactions.
The case of Dole bananas has been referred to in the press and business publications as an example of right-minded import protection in the United States.
<h3>What was the case of Dole bananas?</h3>
Dole Foods used a litigation strategy in US courts to discredit Nicaraguan plantation workers, demonstrating how corporations can use the legal system to avoid providing compensation for human rights violations.
In 2004, a group of Nicaraguan banana plantation workers sued Dole and Dow Chemical Companies for causing them to become sterile as a result of their exposure to a US-banned pesticide (DBCP), which the companies told them to use on Nicaraguan plantations in the 1970s.
Therefore, the Dole bananas case has been referred to in the press and business publications as an example of right-minded import protection in the United States.
To learn more about the Dole bananas case, click here:
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Answer:
<u>The present value of the loan is $45,297</u>
Explanation:
Instalment (A)= $9,000.00
PV factor (B)= 5.033
Present value of loan (A x B)
=$ 45,297