(C) Increase liabilities (Accounts payable) by $337.8 million.
<h3>
What is inventory?</h3>
- Inventory, often known as stock, refers to the items and supplies that a company keeps for the purpose of resale, manufacturing, or use.
- Inventory management is largely concerned with establishing the shape and positioning of stocked products.
<h3>
What is purchasing on credit?</h3>
- A credit buys, sometimes known as purchasing anything "on credit," is a purchase made today that will be paid for later.
- When you use a credit card, for example, your financial institution pays for the products or services upfront and then collects the payments from you later.
- Purchase on credit refers to an increase in liabilities.
Therefore, the correct option is (C) Increase liabilities (Accounts payable) by $337.8 million.
Know more about credit here:
brainly.com/question/26867415
#SPJ4
C. Send a quick reply stating that she needs more time to consider the question
Answer:
$165,670
Explanation:
Cost of goods sold = Sales revenue (1 - Gross profit)
= $669,900 × (1 - 0.30)
= $669,900 × 0.70
= $468,930
Estimated ending inventory destroyed in fire:
= Beginning inventory + Purchase - cost of goods sold
= $160,600 + $474,000 - $468,930
= $165,670
Answer:
$85,000
Explanation:
Given that,
Shares sold = 50,000 shares of $3 par common stock for $5
Buys back = 10% of its common shares outstanding for $7 per share
Total equity on December 31 = $300,000
Balance in stockholder's equity without retained earnings:
= Beginning balance in stockholder's equity + Increase in stockholder's equity - Decrease in stockholder's equity
= $0 + (50,000 × $5) - (50,000 × 10% × $7)
= $250,000 - $35,000
= $215,000
Retained earnings on December 31:
= Total equity at December 31 - Balance in stockholder's equity without retained earnings
= $300,000 - $215,000
= $85,000
Answer:
B. Employers
Explanation:
Under the Occupational Safety and Health Administration (OSHA) laws; it is the employer's responsibility to provide employees with a safe workplace. To ensure employees are safe, OSHA has issued employers with rules, which include.
- Provide a workplace free of any dangers
- Examine workplace to make conditions are safe for working
- Ensure employees have and are using personal protective equipment. PPE
- Make sure employees have and make use of safe tools and equipment. The tools should be properly maintained at all times.
- Ensures employees are well trained on safety measures
- Use color codes and sign to mark dangers areas.
Based on OSHA regulations, the employer should not only provide the ladder but should also make sure it well maintained.