1. Using a perpetual inventory system, the entry to record the sale for Walmart includes a debit to the <u>Cash account</u><u> </u>and a credit to the <u>Sales Revenue account</u> for $250.
2. The entry to record the cost of the sale under the perpetual inventory system includes a debit to the <u>cost of goods sold</u> and a credit to <u>Inventory</u> for $100.
<h3>What is the perpetual inventory system?</h3>
The perpetual inventory system can be differentiated from the periodic inventory system by the fact that perpetual inventory continuously updates the inventory value without relying on the physical inventory count.
Under this system, the cost of goods sold is <u>debited</u> and the inventory account is <u>credited</u>.
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Based on the information give your forecast for period 7 is 40.
<h3>Forecast for period 7</h3>
Given:
Time-series trend equation=25.3+2.1x
Period=7
Let x present period 7
Hence:
Forecast for period 7 =25.3 +2.1(7)
Forecast for period 7 =25.3 +14.7
Forecast for period 7 =40
Inconclusion your forecast for period 7 is 40.
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Answer:
UNTUU HULLUM
Overfishing occurs when more fish are removed from an ecosystem than can be maintained by the population,
Overfishing can lead to significant population declines in economically important species. The passage describes
additional impacts of overfishing on populations.
pressure affects
salmon fishery of
and 1970s, pink
n this fishery were
ihile allowing
nd 1974, the
inland spawning
approximately
to spawn at the
Isted that fishing
lower growth rates
According to the passage, which mechanism explains the observed changes in fish size over time?
A. Smaller fish produce fewer eggs than larger fish do, so they contribute fewer offspring to the next
generation.
B. Fish that are small enough to escape fishing nets are more likely to survive than larger fish.
C. Scientists found that Atlantic silversides exhibited changes in feeding and foraging rates after four
generations of selection,
D. The average size of pink salmon returning to spawn decreased from 6.0 pounds to approximately 4.5
pounds.
Answer:
The answer is $115.38
Explanation:
Solution
Given that
The annual dividend on preferred stock = $7.50
Required return on preferred stock+= 6.5%
The next step is to find at what price should the preferred stock sell which is given as follows:
The rice of preferred stock = 7.50/6.5%
= $115.38
$115.38 is the price at which the stock preferred was sold.
