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
kramer
3 years ago
7

On January 21, 2019, Cressent, Inc. received merchandise from Neptune, Inc. On that date, Cressent found a few of these goods to

be damaged. On January 22, Cressent returned the damaged goods to the seller. Such returns will be treated as ________ by Cressent.
a) sales allowances
b) sales returns
c) purchase allowances
d) purchase returns
Business
1 answer:
IgorLugansk [536]3 years ago
7 0

Answer:

d) purchase returns

Explanation:

We are working for Cressent, we are asked for the point of view of Cressent.

The orignal transactions is purchase from Neptune therefore, is some units are damaged or simply unwanted we are facing a purchase return.

The sales returns will be from Neptune point of view.

Allowances refers to discounts on the nominal or list price. It do not related to returned goods.

You might be interested in
A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing
Aleksandr-060686 [28]

Some policies favor businesses, A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing a competitive advantage.

<h3>What is competitive advantage?</h3>

Competitive advantage is factors that allow a company or industry to produce goods and services better, expand or produce more cheaply than its rivals.

A nation's competitiveness in business depends on the capacity of the industry to innovate and upgrade.

Therefore, a firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing competitive advantage.

Learn more on competitive advantage here,

brainly.com/question/26514848

8 0
2 years ago
Assume an organization's cost of capital is 10% and Division X has operating income of $3 million and uses $20 million of capita
Irina-Kira [14]

Answer:

c. $1,000,000

Explanation:

The computation of the economic value added is shown below:

Economic value added = Operating income - total invested capital × WACC

                                      = $3,000,000 - $20,000,000 × 10%

                                      = $3,000,000 - $2,000,000

                                      = $1,000,000

We simply deduct the total invested capital by multiplying the cost of capital from the operating income

8 0
3 years ago
Which descriptions are examples of Logistics Planning and Management Services workers? Check all that apply.
vitfil [10]

Answer:

A,E,F

Explanation:

Brainliest Please

8 0
3 years ago
Read 2 more answers
Paul, a manager at a logistics company. Wants to have Emma, a temporary worker, handle customers’ queries. Paul’s colleague. Ali
andrew11 [14]

Answer:

5. Emma may not be as dedicated to the firm as other permanent employees

Explanation:

Logistics as a business activity is concerned with efficient movement of goods with least pilferage and spoilage and at the same time, as promptly as possible.

Handling customer queries requires utmost politeness, patience and humility and such a function is very sensitive since a small error or wrong attitude can drastically affect customer preferences and business sales.

In the given case, Ali's argument can only be strengthened by the fact that Emma is a temporary employee and it cannot be expected of her to discharge her duties with the same dedication as a permanent employee would.

Temporary employees know their term of employment beyond which they most likely seek job elsewhere. Whereas, a permanent employee would usually be more dedicated since he would have better sense of belongingness with the company.

5 0
3 years ago
Short Term Inc. has issued zero-coupon bonds that mature in one year. The returns from holding these bonds have a beta of 0.25.
Nataly [62]

Answer:

1. Current bonds price = $81.86.

2. Yield to maturity  = 22.16%.

3. 3.  Expected Return = 7.5%.

Explanation:

Required Rate = Rf + beta*MRP

          = 5% + 0.25*(15% - 5%)

       = 5% +0.25*10%

              = 5% + 2.5% = 7.5%

 Required Rate = 7.5%

  Expected Future Value = 70% x $100 + 30% x $60

       = (0.7*$100) + (0.3*$60)

       = $(70+18) = $88

    Expected Future Value = $88

1.  Current bonds price = 88/1.075 = $81.86

2.  Yield to maturity = 100/81.86 - 1 = 1.22159785-1 = 0.22159785 =   22.159785% = 22.16%

3.  Expected Return = 7.5%

6 0
3 years ago
Other questions:
  • On February 1, Light Co. received a $20,000, 120 day, 9% note from Dark Co.
    8·1 answer
  • What you have found in your review regarding accounting issues; What you believe the appropriate accounting treatment should be
    7·1 answer
  • Veronica's dress shop marks down a pair of shoes 15% when the customer purchases the shoes with a dress or pantsuit. the sale pr
    15·2 answers
  • The 2018 balance sheet of Speith’s Golf Shop, Inc., showed long-term debt of $5.4 million, and the 2019 balance sheet showed lon
    8·1 answer
  • Martin was named "employee of the month" for his outstanding customer service. according to maslow, this award may help satisfy
    8·1 answer
  • A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is an example of the impact of te
    13·1 answer
  • Argo is the world's leading brand of small vehicles that are designed to be driven on all types of terrain and in all types of w
    12·1 answer
  • Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a
    11·1 answer
  • Jarrod's Meat Shop doubles as a butcher shop and a sandwich shop that sells to both individuals and a nearby hospital system. On
    14·1 answer
  • Kendrik was frustrated that his DVD player wouldn't play a DVD he purchased while on vacation in Great Britain. When he called t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!