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SashulF [63]
3 years ago
15

A perpetual inventory system: a) Requires a computer system to handle all of the transactions. b) Updates the inventory balances

every period (say every week). c) Tracks inventory balances with every receipt and every withdrawal of inventory. d) Updates inventory balances almost every second of every day.
Business
1 answer:
Murrr4er [49]3 years ago
6 0

Answer:

<h2>In this case, the correct answer would be option c) given in the answer options or Tracks inventory balances with every receipt and every withdrawal of inventory.</h2>

Explanation:

  • In Accounting and Economics, perpetual inventory system involves the calculation or updation of the inventory count or record for every individual individual inventory transaction.
  • Whenever a good is withdrawn or purchased from the inventory or dded to the inventory for later purchase or consumption, it is immediately recorded or updated under a perpetual inventory system.
  • Hence, perpetual inventory system requires the updates of the inventory record or count immediately after any good is purchased, sold or added into the inventory.
  • The final sale of any good from the inventory is recorded as a sales revenue for the concerned firm or company and any purchase of any good by the company for future sale which is added into the inventory is generally recorded as the cost of goods sold account.
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Answer:

Mitigate his damages

Explanation:

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3 years ago
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Total cost= $40.3

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Note whether the following phenomena would be consistent with or a violation of the efficient market hypothesis.
denis-greek [22]

Answer:

D) Stock prices of companies that announce increased earning in January tend to outperform the market in February.    

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<em>The efficient market hypothesis (EMH), also known as the efficient market theory, is a hypothesis that states that the prices of shares contain all information and that consistent alpha generation is impossible.</em>

According to the hypothesis, stocks always trade at their fair value on exchanges, making it impossible for investors to purchase undervalued stocks or sell stocks for inflated prices.

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