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
Aneli [31]
3 years ago
7

Ace Bonding Company purchased inventory on account. The inventory costs $2,000 and is expected to sell for $3,000. How should Ac

e record the purchase using a perpetual inventory system?
Business
1 answer:
STatiana [176]3 years ago
3 0

Answer:

The inventory should be registered as $2000

Explanation:

The inventory should be registered by it is acquisition cost. Once sold Inventory will go down bt $2000 and COGS will rise by $2000

You might be interested in
Cyclical unemployment is caused by business cycle fluctuations. reducing international trade barriers, which causes some industr
Shalnov [3]

Answer:

The correct answer is letter "A": business cycle fluctuations.

Explanation:

Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.

6 0
3 years ago
Economists believe that an activity should be continued up to the point where
Goryan [66]
The marginal benefit from the activity is equal to the marginal cost
4 0
4 years ago
Suppose that a manager is interested in estimating the average amount of money customers spend in her store. After sampling 36 t
densk [106]

Answer:

The store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66.

Explanation:

In statistics, a confidence interval is the probability that the parameter of a population lies between two set of values when a random sample of the population is drawn for a specific percentage of times. This means that the confidence interval is formed about the whole population not the sample from which it is calculated.

The probabilities of a confidence interval can take any number, but 95% and 99% confidence level that are usually used.

It should be noted that, for example, 95% confidence level implies that there is a 95% chance that the true mean of the population lies within the calculated confidence interval.

Therefore, the statement which gives a valid interpretation of the interval in the question is the first one which states that "the store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66."

I wish you the best.

4 0
3 years ago
A disorder resulting from exposure to a major stressor, with symptoms of anxiety, nightmares, poor sleep, reliving the event, an
horsena [70]
PTSD 
Post Traumatic Stress disorder 

6 0
3 years ago
Read 2 more answers
Which of the following statements regarding the accounting for business combinations is false?
steposvetlana [31]

Answer:

Option A

Explanation:

Although goodwill is the difference between the consideration transferred by the acquirer to the acquiree it is not the fair value of the identifiable assets acquired rather it is the fair value of the net assets acquired.

The difference is fair value of identifiable assets is the value of the assets at some point of time which is expected to provide some future benefits.

The fair value of the net assets acquired is the total of the fair value of net assets minus liabilities.

7 0
3 years ago
Other questions:
  • Which one of these factors plays a role in determining the extent and duration of frictional unemployment?
    9·1 answer
  • ABC Company is unloading coal from a barge on the Mississippi River. The barge contains 1,760 tons of coal. The coal is shoveled
    13·1 answer
  • Which of the following, technically, is an umbrella term that refers to a small group of constitutional interpretation theories,
    14·1 answer
  • What are the weak points of economic costs that are part of a free enterprise economy?
    15·2 answers
  • Computing cash flows from financing LO P3 Additional short-term borrowings $ 20,000 Purchase of short-term investments 5,000 Cas
    10·1 answer
  • ____________ comprise about 20% of all businesses but account for about 81% of u.s. business receipts.
    12·1 answer
  • Given the mixed cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be:
    11·1 answer
  • Wilson's Winter Woolens manufactures jackets and other wool clothing. A certain designed ski parka requires the following: Direc
    11·1 answer
  • A major factor contributing to the growth in the use of direct marketing IMC efforts is:__________
    9·1 answer
  • Peter owns 100 shares of a company. He receives a fixed rate of dividend from these shares. Which type of share has Peter purcha
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!