1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Minchanka [31]
3 years ago
14

When the perpetual inventory system is used, the inventory sold is debited to a.Supplies Expense b.Cost of Goods Sold c.Sales d.

Inventory
Business
1 answer:
Luda [366]3 years ago
8 0

Answer:

The answer is D. Inventory account.

Explanation:

Perpetual inventory method is very useful as it is updated daily and gives a real-time insight into the stocks unlike in the periodic inventory system where you calculate the stock at the end of a certain period.

You might be interested in
Suppose the price of rice increases and you view rice as an inferior good. The substitution effect results in a ________ change
notka56 [123]

Answer:

B. negative, positive

Explanation:

Substitution effect : Price rise of a good makes it relatively expensive, decreases its demand. Price fall of a good makes it relatively cheap, increases its demand.

So: Substitution Effect is always negative as per above explanation.

Income Effect : Price rise of a good decreases real income/ real purchasing power of consumer & reduces demand of all goods. Price fall increases real purchasing power & increases demand of all goods.

Income effect is positive in case of Normal Goods, normal good demand is positively related to income. The effect is negative in case of inferior goods, inferior good demand is negatively related to income.

Hence: Price rise of rice - Substitution effect results in negative change  in rice consumption.  {∵substitution effect always negative}

Income Effect leads to positive change in rice consumption {∵price rise reduces real income & income effect is negative for inferior goods}

5 0
3 years ago
Read 2 more answers
A small LTL shipment that originates on a truck in San Francisco and is moved from San Francisco to Las Vegas where it is unload
nikdorinn [45]

Answer:

False

Explanation:

Intermodal freight transport deals with the transportation of freight in an intermodal container or vehicle, using multiple different of transportation like ship, rail, and truck with no handling of any of the freight itself when changing

to different transport. Base on the scenario been described in the question, we can see that it false because it not does not mean the definition of intermodal freight

7 0
3 years ago
Strategic planning is the managerial process of creating and maintaining a fit between the organization's objectives and resourc
Thepotemich [5.8K]

Answer:

TRUE

Explanation:

Strategic planning is an essential tool for any company, regardless of its size or area of activity, through it the company identifies what its objectives and goals are for a period of time and develops action plans to achieve them. Through strategic planning, the company also seeks to identify its mission, vision, values, policies and procedures that will assist it in reaching its goals.

To be effective, it must be aligned with the organizational identity, be properly implemented and monitored.

7 0
2 years ago
Suppose 20.0 g pieces of gold and iron, both initially at 100oC, are added to different containers of water, both initially at 2
Sauron [17]

Answer:

  • The final temperature in the container with Gold is 27.49 ⁰C
  • The final temperature in the container with Iron is  33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

Explanation:

Q = mcΔT

Where;

Q is the quantity of heat gained or lost

m is the mass of the metals or water

c is the specific heat capacity

ΔT is the change in temperature, T₂ - T₁

T₂  is the final temperature and T₁ is the initial temperature

Heat lost by metals at 100°C is equal to heat gained by water at 25°C

-Q_{metal} = Q_{water}

-Q_{Au} = Q_{H_2O} \\-Q_{Fe}  = Q_{H_2O}

Specific heat capacity of water = 4.18 J/g°C

Specific heat capacity of gold = 0.129 J/g°C

Specific heat capacity of iron  = 0.45 J/g°C

⇒For Gold

-20*0.129*(T₂ - 100) = 18*4.18 (T₂ - 25)

-2.58T₂ +258 = 75.24T₂  - 1881

77.82T₂  = 2139

T₂  = 2139/77.82

T₂ = 27.49 ⁰C

⇒For Iron

-20*0.450*(T₂ - 100) = 18*4.18 (T₂  - 25)

-9T₂  +900 = 75.24T₂ - 1881

84.24T₂ = 2781

T₂  = 2781/84.24

T₂ = 33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

5 0
3 years ago
7. What is the advantage of binding things as early as possible? What is the advantage of delaying bindings?
denpristay [2]

Answer:

1. early binding enhances performance

2. late binding gives flexibility

Explanation:

this is generally the advantage of early binding. early binding gives room for better efficiency

.This is because it would be needless to reanalyze every time whenever something is declared. Early binding is for performance.

meanwhile late binding is known to have better flexibility and gives room for more polymorphism. this binding gives extension to runtime.

3 0
3 years ago
Other questions:
  • On January ​3, Halsall Corporation purchased 1,800 shares of the​ company's ​$1 par value common stock as treasury​ stock, payin
    9·1 answer
  • Salty Snacks Inc, markets a fish-shaped cracker. When Tasty Tidbits Inc. begins to sell a similar product, Salty files a suit ag
    12·1 answer
  • Cavy Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the bas
    10·1 answer
  • Johnson Construction Company uses cost-plus pricing to determine costs and place bids on local jobs. The manager needs to comput
    13·1 answer
  • Stelwire LLC, a vintage car dealer, advertises the sale of a 1964 Ford Thunderbolt. Ralph
    7·1 answer
  • Match each description 1 through 6 with the characteristic of preferred stock that it best describes by writing the letter of th
    14·1 answer
  • Jennifer Schwab is an investor in The Handy Man Pro Shops. On January 1, she purchased 225 shares of stock at a price of $15 per
    7·1 answer
  • Is the following example a social group or a task group?
    7·1 answer
  • HELP!
    11·2 answers
  • Dakota Company experienced the following events during Year 2. Acquired $20,000 cash from the issue of common stock. Paid $15,00
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!