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kakasveta [241]
3 years ago
13

Which list of accounts below, identifies only accounts that would appear on a balance sheet. Multiple choice question. Supplies

Expense, Supplies, Dividends Rental Revenue, Accounts Payable, Accounts Receivable Common Stock, Equipment, Accounts Payable Wages Expense, Cash, Supplies g
Business
1 answer:
Crank3 years ago
8 0

Answer:

See below:

Explanation:

supplies, dividends, accounts payable, accounts receivable, common stock, equipment, accounts payable, cash

the last one is “supplies g” ? I don’t know what this is supposed to be. Supplies was already listed and is on the balance sheet. Supplies expense was also already listed and is not on a balance sheet.

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Janice would like to send her parents on a cruise for their 25th wedding anniversary. She has priced the cruise at $15,000 and s
pochemuha

Answer:

Annual deposit= $2,456.96

Explanation:

Giving the following information:

The number of years= 5 years

Final value= $15,000

Interest rate= 10%

We need to calculate the annual deposit to reach the objective. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (15,000*0.1) / [(1.10^5)-1]

A= $2,456.96

3 0
3 years ago
The financial statements of Walgreen Co. reported the following information (in millions): Year 2 Year 1 Cost of sales $51,098 $
ss7ja [257]

Answer:

49.6 days

Explanation:

The average inventory days outstanding is an example of an activity ratio. Activity ratios measures the efficiency with which comapnies carry out their daily tasks

The average inventory days outstanding = number of days in a period / inventory turnover

inventory turnover = cost of goods sold / average inventory

Average inventory = (6,852 + 7,036 ) / 2 = 6944

$51,098/ 6944 = 7.365

365/  7.365= 49.6 days

5 0
3 years ago
Which of the following accurately describes the process of currency
DIA [1.3K]

Answer:

C. Money from one country is bought using money from another

Explanation:

A currency exchange is seen as a type of business that has the right to exchange one currency for another to its customers or between two or.more different countries. Although the right to exchange this currency are often legal.

Therefore doing CURRENCY EXCHANGE the exchange rate is often how much of a country's currency have to buys another foreign currency which is why for some countries, exchange rates tend to constantly change while some countries tend to use a fixed exchange rate which does not often change .

Hence CURRENCY EXCHANGE enables money from one country to be bought using money from another.

6 0
3 years ago
When units produced exceed units sold, net income will generally be ______ costing. Multiple choice question. the same under bot
Vika [28.1K]

Answer:

higher under absorption costing than under variable costing.

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Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

In Business management, when the total units of goods produced by a business firm (manufacturer) exceed the total units of goods sold, net income will generally be higher under absorption costing than under variable costing.

7 0
3 years ago
Juan believes that battles such as the french revolution are necessary for a country to preserve liberty, to maintain or gain la
Alla [95]
The fact that Juan believes that battles such as the French Revolution are necessary for a country to preserve liberty, to maintain or gain land, and will ultimately lead to a more even distribution of wealth among a population means that Juan's thoughts from conflict theory sociological perspective. The conflict theory states that conflict are result of the competition for limited resources.
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3 years ago
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