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iVinArrow [24]
3 years ago
15

Foote Company was granted a purchase discount of $200 on merchandise the company had purchased a few days ago. Foote uses the pe

rpetual inventory system. Which of the following reflects the effects of this event on the financial statements? Asset = Liab. + Stk. Equity Rev. - Exp. = Net Inc. Stmt of Cash Flows A. NA (200) 200 200 NA NA 200 OA B. NA (200) 200 200 NA 200 NA C. (200) (200) NA NA NA NA (200) OA D. (200) (200) NA NA NA NA NA
Business
1 answer:
Rina8888 [55]3 years ago
6 0

Answer: D. (200) (200) NA NA NA NA NA

Explanation:

Discount on merchandise decreases the value of Assets (merchandise) and also decreases Liability (Trade Payable) if the merchandise was purchased on credit

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Lorraine belongs to a national consumer panel created by a market research company. She regularly receives samples of new produc
kherson [118]

Answer:

A. premarket testing.

Explanation:

The pre market testing is when people from a certain business send products to people that are the target of that product to see if they would use it, continue to use it and how much would they be willing to pay for that product, this is done prior to the launch of the product, in order to get to know better the consumer and how they can improve their product, also to see if it is viable to start mass production and launch it into the market, so what Lorraine is doing is premarket testing.

5 0
3 years ago
Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending sha
DerKrebs [107]

<u>Solution and Explanation:</u>

<u>The total return is as follows: </u>

Total return = (Closing price – opening price + dividend) / opening price

=(\$ 58-\$ 65+\$ 1.45) / \$ 65

= -8.54%

Therefore, the total return is -8.54%

b. Dividend yield is as follows;

Dividend yield = Dividend / opening price

= $1.45 divided by $65

= 2.23%

Therefore, the dividend yield is 2.23%

c. the capital gain yield is as follows;

Capital gain yield = (Closing price – opening price) / opening price  

=(\$ 58-\$ 65) / \$ 65

= -10.77%

7 0
3 years ago
The production possibilities curves suggest that rev: 09_17_2020_QC_CS-228777 Multiple Choice West Mudville should specialize in
ratelena [41]

Answer: West Mudville should specialize in, and export, baseball bats.

Explanation:

Each country should specialize in the good that it has a lower opportunity cost in producing.

West Mudville

Opportunity cost of producing baseball bats = 9/9 = 1 baseball

Opportunity cost of producing baseball = 9/9 = 1 baseball bat

East Mudville

Opportunity cost of producing baseball bats = 8/4 = 2 baseballs

Opportunity cost of producing baseball = 4/8 = 0.5 baseball bats

From the above, West Mudville has a lower opportunity cost than East Mudville in the production of baseball bats and so it should specialize in and export that.

3 0
3 years ago
management's refusal to let workers enter a plant or building to work is a: question 25 options: 1) boycott 2) reverse strike 3)
BigorU [14]

Management's refusal to let workers enter a plant or building to work is option 4) lockout.

A lockout is a state of affairs during which employers shut an area of labor and stop employees from coming into it till the employees settle for the employer's new proposals on pay or conditions of labor. [business] The opposition might resume if no new contract agreement is signed.

Strike action, conjointly referred to as labor strike, labour strike, or just strike, may be a job action caused by the mass refusal of workers to figure. A strike typically takes place in response to worker grievances. Strikes became common throughout the commercial Revolution, once mass labor became vital in factories and mines.

To learn more about lockout here

brainly.com/question/28171151

#SPJ4

4 0
1 year ago
Moving from television broadcast into e-commerce has allowed HSN to achieve _______ excellence.
melomori [17]

Answer:

A

Explanation:

Locational excellence can be acheved iby having a good physical location and/or Internet presence. It requires ideal locations good convenience for success

HSN moving to e-commerce is an ideal location tomachieve excellence. Internet presence will by far advance their cause.

6 0
3 years ago
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