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3 years ago

What is everyone planning to do this summer?

Business

1 answer:

Lemur [1.5K]3 years ago

6 0

Answer:

read, relax, try to sleep in as long as I want, work out, and eat lol

have a good day :)

Explanation:

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Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686

mart [117]

Answer:

2016 = $3.36

2017 = $4.59

Explanation:

The solution of total assets turnover is shown below:-

Particulars 2016 2017

Total assets in the beginning $1,686,000 $1,800,000

Total assets at the end $1,800,000 $1,982,000

Average assets $1,743,000 $1,891,000

(Assets in the beginning + Assets at end) ÷ 2

Sales revenue $5,856,480 $8,679,690

Total assets turnover $3.36 $4.59

(Sales revenue ÷ Average Total assets)

4 0

3 years ago

Complete the Transaction Worksheet: On the form provided, identify the accounts affected by each transaction and the amount of i

antiseptic1488 [7]

Answer:

I used an excel spreadsheet because there is not enough room here.

Explanation:

Download pdf

6 0

3 years ago

6. Many supermarkets carry plain packages that only identify the name of the product that is inside. For example, a label may re

anygoal [31]

Answer:

generic goods.

Explanation:

Generic goods -

It refers to the type of packaging , where only the type of product present inside the packet is written , rather than specifying the name of the brand , is referred to as generic goods .

For example ,

Mentioning the package with rice , cola , beans etc. , is the example of generic food .

Hence , from the given scenario of the question ,

The correct answer is generic goods .

4 0

3 years ago

If a firm experiences productivity gains from employee specialization, its marginal cost_________.

postnew [5]

Answer:

correct option is C. decreases at a decreasing rate.

Explanation:

solution

when an organization gain productivity than its marginal cost will be decreases at a decreasing rate

as here when initial specialization of employee is lead to an significant reduction in the marginal costs though the more specialized people get

and less additional amount is save due to the specialization

so here correct option is C. decreases at a decreasing rate.

4 0

3 years ago

Nike Inc is one of the world leading atheletic shoes manufacturer. The following activities occurs during the recent year: Purch

Ksenya-84 [330]

Explanation:

The journal entries are shown below:

1. Building A/c Dr $176

Equipment A/c Dr $270

To Cash A/c $408

To Note payable A/c $38

(Being the building and the equipment is purchased for cash and note payable)

2. Cash A/c Dr $345

To Common stock $240 (120 shares × $2)

To Additional paid in capital A/c - Common stock A/c $105

(Being the common stock is issued for cash)

3. Retained earnings A/c Dr $145

To Dividend payable A/c $145

(Being the dividend is declared)

4. Short - term investment A/c Dr $7,616

To Cash A/c $7,616

(Being the short term investment is purchased for cash)

5. No journal entry is required

6. Cash A/c Dr $4,413

To Short - term investment A/c $4,413

(Being the short-term investment is purchased)

8 0

3 years ago