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Greeley [361]
4 years ago
5

At the end of the fiscal year, Kappa Pet Co. has an outstanding purchase commitment for the purchase of 1 million gallons of jet

fuel at a price of $18.40 per gallon for delivery during the coming summer. The company prices its inventory at the lower of cost or market. If the market price for jet fuel at the end of the year is $17.00, how would this situation be reflected in the annual financial statements
Business
1 answer:
Pani-rosa [81]4 years ago
6 0

Answer:

-

Explanation:

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Several artists in Charleston, South Carolina, show and sell their work in an art gallery downtown. The gallery is owned by an a
Elena L [17]

Answer:

Wholesaler

Explanation:

The distribution channel is defined or referred to as the overall or whole flow of the information as well as the goods and services from the original manufacturer to the final consumers. And the wholesaler is the one which is known as the distributor, acquire the goods from the manufacturer holds them in the distribution centre and then sells it to the retailers.

So, in this case, in the terms of channel of marketing, the gallery will be referred to as the wholesaler.

4 0
3 years ago
ACES is a quality auditing firm. It has dedicated a team of managers, business analysts, and system analysts to develop an infor
ivann1987 [24]

Answer: (4) Requirement analysis

Explanation:

 The requirement analysis is one of the process of determine the actual user expectation for building the new product with the help of new modifications.

The requirement analysis is one of the phrases of SDLC (Software development life cycle). The requirement analysis is also known as requirement engineering.

According to the question, the requirement analysis is one of the software development life cycle phase in which the information system are produced by using the report according to the organization quality.

Therefore, Option (4) is correct.

3 0
3 years ago
Difference between Private and public Company company
HACTEHA [7]
A private company, the company's stock, or its net is spread amongst few people, usually people close to the CEO/Owner.
A public company, the company's stock is available to purchase to anyone, and can be spread world wide.
8 0
3 years ago
Choose the term that matches each definition:
Mrac [35]

Answer and Explanation:

a. 4. Common ion effect, this is due to reduction in common ion effect

b. 1. SOlubility as the salt would be dissolved in 100 ml of water

c. 5. Saturated solution as the solution would be dissolved completely

if any extra addition to be made than it would not dissolved

d.  3. Solubility product constant as it used the equation

e. 2- Molar Solubility as the maximum moles would dissolve in 1 liter of solution

5 0
3 years ago
Riley operates a plumbing business and this year the 3-year old van he used in the business was destroyed in a traffic accident.
natima [27]

Answer:

D. $4,600

Explanation:

Riley's casualty cost deduction comes from the substraction between the adjusted basis, which is the net cost of an asset after adjusting for various tax-related items, and the amount the insurance paid Riley.

6 0
3 years ago
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