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liraira [26]
3 years ago
12

Using The gross profit method, find the estimated cost ...

Business
1 answer:
mixer [17]3 years ago
7 0

sd ds fds dsfa  dfssdff  df ds sd dsdsf d sf dsf dfs sdf

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How do purchase returns and allowances and purchase discounts affect gross purchases?
Sergeu [11.5K]

Answer:

B. Both are subtracted from purchases.

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3 years ago
Which of the following statements is TRUE?
dedylja [7]

Answer:B. The portfolio of smaller stock are typically less volatile than individual small stock.

C. On average smaller stock have lower return than larger stock.

Explanation:

The larger stock most times have a higher volatility than smaller stock and usually have better records of performance, this therefore makes their returns higher than lower stock.

On an average the volatility of a smaller stock is greater than that of a portfolio of smaller stock for the portfolio stock will compensate for one another to limit the volatility.

A treasury bill has a government guarantee, their return is therefore lower and same applies to their volatility when compared to smaller stock.

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4 years ago
Marshall owns and operates a construction firm. he uses inexpensive and low-grade building products and accepts inferior carpent
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<u>The answer is "No".</u>


Legal compliance is regarded as a moral minimum (The base level of moral conduct expected of a business firm, which is normally characterized as consistence with the law) the base worthy standard for moral business conduct.

Business firms are liable to broad government control, practically every activity a firm attempts.

Business chiefs need to continue with alert and assess and activity and its results from a moral point of view.

8 0
4 years ago
After four years in college, you will get a graduate degree. ture or false
garik1379 [7]

Answer:

depends on what u want as your carrer

Explanation:

6 0
4 years ago
Read 2 more answers
Grant Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books,
Vikentia [17]

Answer:

a. $4,160.

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

The adjusted cash book balance is one that contains the necessary adjustments to transactions captured in the bank statement but yet to be recorded in the books.

The adjusting items are

  • Notes receivable and interest collected by bank 850
  • Bank charge for check printing 20
  • NSF check 170

Hence the adjusted cash balance

= $3500 + $850 - $20 - $170

= $4,160

3 0
4 years ago
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