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3 years ago

Select all that apply.

2 answers:

5 0

I would say that all four answers are correct. Trade and commerce between civilizations really did help to exchange new ideas, spread languages, share new inventions, and make some people rich.

OLga [1]3 years ago

5 0

Trade and commerce between civilizations helped to exchange new ideas, spread languages, share new inventions and make people rich. Trade and commerce is one of the ways we are able to grow as a society and work along side other society's that do things differently than us. It is important to be cautious when sharing information but also know that we all have something to learn from one another. By exchanging ideas, new languages are being shared and from that forms new inventions. As new inventions take off, people are becoming rich.

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Perez Manufacturing purchased raw materials worth $ 4 comma 000 on account. The journal entry to record the purchase of raw mate

Natali [406]

Answer:

C. debit Raw Materials Inventory, $ 4 comma 000; credit Accounts Payable, $ 4 comma 000

Explanation:

The journal entry to record the raw material purchased on the account is as follows

Raw material inventory A/c Dr $4,000

To Account payable A/c $4,000

(Being the raw material is purchased on account)

Since the raw material is purchased, the same is increased the current asset so it would be debited while the account payable is credited as it also increased the current liabilities account

4 0

3 years ago

When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by?

katrin2010 [14]

When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by? Appliances have to be compliant with federal regulations. To check if a dishwasher is in compliance, a manager can make sure there are NSF seals or ANSI certifications on the dishwasher.

5 0

4 years ago

Which of the following ratios would be least useful in determining a company's ability to pay its expenses and liabilities?

lbvjy [14]

Answer: C) Price-earnings ratio

Explanation:

The Price - earnings ratio is used to calculate the company's share price to its earnings per share. It uses the market value of the stock and thus has the least correlation to the actual inner workings of the company.

The Current and Acid test ratios can be used to calculate if the company is able to cover its current liabilities given its current assets and its most liquid current assets respectively. The Times Interest ratio shows if the company is able to pay its debt payments with the funds available.

The odd one out is therefore the Price-Earnings ratio.

6 0

4 years ago

ABC trucking company realize that on an annual basis the distance traveled is normally distributed with a mean of 50,000 miles a

maksim [4K]

Answer:

0.7589

Explanation:

P(34000<=x<=38000)

P(34000-50000 / 12000) <= z <= 38000-50000 / 12000)

P( -16000/12000) <= z <= -12000/12000)

P(z<=-1.33)- p( z<=-1.00)

=0.9176 - 0.1587 (using standard normal table)

=0.7589

6 0

3 years ago

Brinkman Corporation bought equipment on January 1, 2007 .The equipment cost $90,000 and had an expected salvage value of $15,00

trapecia [35]

Answer:

b. $75,000

Explanation:

Depreciable cost is the amount of an asset's cost that will be depreciated. Depreciable cost is calculated by using purchase and installation cost of a fixed asset, minus its estimated salvage value at the end of its useful life.

Depreciable cost = Total asset cost - salvage value = $90,000 - $15,000 = $75,000

The company then uses a depreciation method, such as the straight-line method, to calculate depreciation expense of the equipment.

Example:

Annual Depreciation expense = $75,000/6 = $12,500

5 0

4 years ago