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julsineya [31]
3 years ago
14

When sales are made with a right of return, the company ________.

Business
1 answer:
Serhud [2]3 years ago
5 0

Answer:

a. records the returned asset in a separate inventory account.

Explanation:

The sales represent the sales revenue for how much sales are made during a particular period.  

If the sales are made having a right to return the inventory the same is to be recorded in the separate inventory account so that it could be easy to identify plus it will help at the time of preparing the financial statements

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By using the LIFO method of inventory accounting, a company like Exxon: a) will report lower earnings during rising prices of in
romanna [79]

Answer:

a) will report lower earnings during rising prices of inputs and pay lower taxes

The reason for this is that when input prices are rising, the inventory bought last is the most expensive and the inventory bought first is the least expensive. So when using LIFO during rising prices of inputs the company will report a higher cost of goods sold as the inputs bought later cost more. This will lower their earnings and taxes.

Explanation:

7 0
3 years ago
In selecting a target market for a banks checking accounts, the banks marketers should consider the banks strengths, who would g
Nana76 [90]

Yes the answer is A.

The two most important aspects of target marketing is identifying people who would most likely buy your product, but that has to be offset by how much it would cost to reach those people effectively.

8 0
4 years ago
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How do corporations raise money and resources to expand? Select THREE answers.
Firlakuza [10]

Answer:

A. <u><em>They request a bank loan. </em></u>

D. <u><em>They agree to sell stocks. </em></u>

E. <u><em>They issue bonds. </em></u>

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Explanation:

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3 0
4 years ago
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A country's current national savings and investment identity is expressed in algebraic terms as I – S – (T – G) = (M – X). Assum
pentagon [3]

Answer:

Increase in current account deficit.

Explanation:

If a country's total net savings e.g. total of government and private savings are less than the total domestic investment so this deficit must be financed by foreign capital in the form of borrowing. Foreign borrowing results in capital account surplus ultimately increasing trade deficit.

High rate of domestic investment while no change in savings results in or increase in current account deficit. The main reason is that low private or government savings as compared to private investment in domestic capital requires foreign investment.

4 0
4 years ago
You work as a cashier at the local Grocery Store and make $ 9.00 per hour. You worked 6 hours on
Vesna [10]

Answer:

$216.00

Explanation:

1 day = 6hrs

4 days = 24hrs

1hr = $9.00

24hrs = ?

24×9.00/1

= $ 216.00

5 0
3 years ago
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