Answer:
the company purchase is $94,000
Explanation:
The computation of the total amount of the company merchanise purchase for the month is shown below:
Cost of goods sold = Beginning merchandise inventory + Purchases − Ending merchandise inventory
$92,000 = $14,000 + Purchase - $16,000
So, the purchase is
= $92,000 + $16,000 - $14,000
= $94,000
Hence, the company purchase is $94,000
Barter means exchange since there was no currency back then so the answer would be D.
Answer:
Is not a multinational corporation
Explanation:
A multinational corporation possess facilities and other assets in at least one country apart from its home country. A multinational company generally has offices and lots of factories in different countries. They have a central head office in which they coordinate global management. A multinational corporation has its business in more than one country.
Johnny Appleseed and company supplies their product only to one country(Japan), this makes them a -multinational corporation.
Eskom is a South African public company which handles the electricity for public usage in the South Africa. Eskom is the stand-alone generator of electricity in South Africa which holds the monopoly over the power plants and transmission. Eskom managed more than 10 power stations in South Africa. South Africa experienced an electricity crisis despite its number of power stations.
Answer:
a. Common stock acquired by the company in the open market & recorded as negative equity
Explanation:
A stock which is buy back from the market at market rate issued by the company. It reduces the total outstanding shares of the company. It is the difference of Number of share issued and Number of share outstanding. Its account is consider as contra equity account. So the correct option is a. Common stock acquired by the company in the open market & recorded as negative equity.
