Answer:
The profit that they keep to reinvest in the business is recorded as D : retained earnings.
Explanation:
Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders.
Answer:
$2200000
Explanation:
Given: Beginning inventory= $500000.
Inventory purchased= $2000000 with discount of 10%.
Freight cost= $200000.
Ending Inventory= $300000.
Cost of goods sold= 
⇒ Cost of goods sold= 
⇒ Cost of goods sold= 
⇒ Cost of goods sold= 
Opening parenthesis
⇒ Cost of goods sold= 
∴ Cost of goods sold= 
Hence, $2200000 is the company’s 2017 cost of goods sold.
Answer: See explanation
Explanation:
The entry is prepared below:
Sep-01
Dr Cash $420
Cr Sales revenue $420
(To record the mower sales)
Sep-01
Dr Cost of goods sold $120
Cr Finished goods inventory $120
(To record the cost of mower sales)
Sep-01
Dr Warranty expense (6% x $420) = $25.20
Cr Warranty liability $25.20
(To record the estimated warranty expense)
Jan-24
Dr Warranty liability $29
Cr Repair parts inventory $29
(To record the cost of warranty repairs)
Answer:
Pre-employment screening process
Explanation:
As we know that various rounds are there for hiring new candidates for a company.
In the given question, the Gulf coast plans to hire over 1,000 employees for its new resort, but the company considered those candidates who previously worked in the hotels and casinos so, in this situation, the Pre-employment screening process applied.
The next step would be the Pre-employment screening process applies, which checks the overall background history of the candidates that involves criminal proceedings, experience, address, salary package, skills, capabilities, etc.
And, the candidate who does not fit the position by whatever the reasons, the company can reject them.
Answer:
question 2 answer is A
question 3 answer is B
question 4 answer is D
question 5 answer is B
question 8 answer is B, E,C,H,B,D
Explanation:
hope this helps :)
