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
Tanzania [10]
3 years ago
11

When a periodic inventory system is used, a.only the reduction of inventory is recorded each time a sale is made. b.only the cos

t of goods sold is recorded each time a sale is made. c.only revenue is recorded each time a sale is made. d.None of these choices are correct.
Business
1 answer:
Anika [276]3 years ago
7 0

Answer:

c. only revenue is recorded each time a sale is made.

Explanation:

A periodic inventory system is a system used to define the amount of inventory at the end of an specified period. To achieve this revenue is recorded each time.

I hope you find this information useful and interesting! Good luck!

You might be interested in
When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha
kolezko [41]

Answer:

The answer is D. Open communication is key in building lasting relationships whether in business or in personal relationships.

Explanation:

For two companies to maintain a strategic relationship, there must be open communication.  Whitney displayed correct understanding of this ingredient for strategic relationships.

That was why she was open enough to work out a more amicable relationship with Rodney.  She discussed her sales goals and new ideas for the business.  On Rodney's part, he showed no interest.  He was not ready to discuss his own sales goals.

Rodney lost a golden opportunity offered by Whitney by opening up communication.  He should have embraced the chance to bring up his concerns and discuss his goals openly, unless he is hiding something.  He could be deliberately overcharging on price.  These comments remain mere guesses as Rodney failed to open up.

7 0
3 years ago
Henderson is a local automobile salesperson. He earns 6% commission on all of his automobile sales. Last month, he earned $9,900
Murrr4er [49]
The answer for total sales is $165,000
3 0
2 years ago
Collier Chemicals has redesigned many jobs to make the work more interesting and challenging for its employees. The company enco
Novay_Z [31]

Answer:

correct option is b. frederick herzberg to increase worker motivation.

Explanation:

given data

reimbursing them up to =  $7,500 per year

solution

  • Frederick Herzberg developed his two-factor theory from the hierarchy of Abraham Maslow to the theory of necessities. The two-factor theory basically states that employers have a set of factors that motivate them and that they have a particular set of factors that do not motivate them, and that the two factors are independent of each other.  
  • as employers may try to motivate employees by following certain actions, but this does not mean that employees are ignored every time, because beliefs, actions, and events that lead to lack of motivation are different from those that go by. More motivation.
  • Factors that motivate employees include: self-awareness, complexity of work, achievement recognition, loss of responsibility.

so  Collier Chemicals is adopting a strategy to meet those needs.

7 0
3 years ago
Ian loaned his friend $30,000 to start a new business. He considers this loan to be an investment, and therefore requires his fr
xenn [34]

Answer:

Payment = Pmt(8%, 4, -30000) = $9,057.62

Interest Paid = Beginning amount * 8%

Principal paid = Payment - Interest Paid

End Balance = Beg Amount - Payment  

Payment  Beg Amount  Payment  Interest paid  Principal paid  End Balance

1                 30,000       $9,057.62    2,400           6,657.64            23,342.38

2                23,342.38  $9,057.62    1,867.39        7,190.23            16,152.14

3                16,152.14     $9,057.62    1,292.12         7,765.45           8,386.69

4                8,366.39     $9,057.62    670.94           8,386.69             -

7 0
2 years ago
To conduct an experiment, a movie theater increased movie ticket prices from $9 to $10 and measured the change in ticket sales.
marusya05 [52]

Answer:

RELATIVELY INELASTIC

more elastic

less

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

If demand is relatively inelastic and price increases, there would be little or no change in the quantity demanded and as a result, total revenue would increase

If demand were elastic and prices were increased, quantity demanded would fall more than the increase in price. As a result, total revenue would fall

In the long run, people have more time to search for suitable alternatives. Thus, demand tends to be more elastic in the long run

If the long run, price is increased, the total quantity demanded would fall and revenue would fall

5 0
2 years ago
Other questions:
  • The industrialized economies in the ________ stage of Rostow's five-stage model of economic development focus more on low-cost m
    14·1 answer
  • Which of the following is an example of an extent decision? Should your company implement a different bonus structure for manage
    5·1 answer
  • If all projects are assigned the same discount rate for purposes of​ evaluation, which of the following could​ occur? A. Highmin
    9·1 answer
  • On January​ 1, 2018​, Alaska Freight Airlines purchased a used airplane for $ 44 comma 000 comma 000. Alaska Freight Airlines ex
    13·1 answer
  • Mofro's Computer Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000. During the year,
    7·1 answer
  • Stubbs Company uses the perpetual inventory method. On January 1, Year 1, Stubbs purchased 1,400 units of inventory that cost $1
    10·1 answer
  • Which factors can affect a stock’s price? Check all that apply. market performance the company’s financial health the quantity p
    6·2 answers
  • The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the fi
    5·1 answer
  • Sandra wants to deposit $100 each year for her son. if she places it in an investment account that averages a 5% annual return,
    10·1 answer
  • Question 1 A small company manufactures three different electronic components for computers. Component A requires two hours of f
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!