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laiz [17]
2 years ago
5

True or False. A post-closing trial balance is a list of all accounts and their balances after we have updated account balances

for adjusting entries.
Business
1 answer:
kotegsom [21]2 years ago
7 0

Answer:

True

Explanation:

There are two columns in the trial balance, namely columns of debits and columns of credits. It is always important to balance the total debit and credit columns. The debit columns reflect assets and expenses side while sales, stockholder equity, and the liability side are listed in the credit column.

After passing the adjusting entries, the account balances are updated which we called a post-closing trial balance

So, the given statement is true

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________ distribution is a strategy in which producers of convenience prodcuts and raw material stock their products in as many
dem82 [27]

Answer:

Intensive Distribution

Explanation:

Intensive distribution is a strategy in which producers of convenience products and raw material stock their products in as many outlets as possible.

In this strategy, the producers of convenience products try to provide the product to the consumers where and when they want. In this way, consumers get brand exposure for any product they wish to buy and also it made convenient for them to buy the product. Example of such products are soaps, biscuits etc.

Thus the answer for the question is Intensive Distribution.

5 0
3 years ago
Read 2 more answers
Jupiter Explorers has $5,600 in sales. The profit margin is 3 percent. There are 4,000 shares of stock outstanding, with a price
Irina18 [472]

Answer:

Price-earning ratio is 28.57 .

Explanation:

Price earning is a ratio widely used by common stock holder in stock market. The ratio is used to measures share price in relation to earning per share. The ratio tells us years require to recover amount spend on acquisition of share.

Detail calculation is given below.

Sales                      $ 5,600  -A

Net profit               $    168   -B

EPS                         $ 0.042 -B/4000

Price-earning ratio = 1.2/EPS  = 28.57  

6 0
2 years ago
What is the rate of return when 20 shares of Stock A purchased for \$30/share , are sold for $710? The commission on the sale is
nikklg [1K]

Answer:

ROI=17.33%

Explanation:

the rate of return = Net gain/ initial investments x 100 %

Net gains = (selling price  - commissions) -  purchase price

Purchase price = 20 x $30 = $600

Selling price = 710

Commission = $6

ROI ={( 710 - 6) - 600}/ 600 x 100

ROI = 104/600 x 100

ROI= 0.173333 x 100

ROI=17.33%

7 0
2 years ago
Hyper Tech employees were told to attend an upcoming mandatory meeting at which the CEO would be making an important announcemen
ser-zykov [4K]

Answer: A speculation

Explanation: A speculation is a form of information in widespread that doesn't have a solid proof. The information about the acquisition of another company by the employees has no solid proof therefore it's a speculation.

6 0
3 years ago
What are the steps in conducting a market research?
Tpy6a [65]

Answer:

<h2>The marketing research process involves six steps:</h2><h3>1: problem definition, 2: development of an approach to the problem, 3: research design formulation, 4: data collection, 5: data preparation and analysis, and 6: report preparation and presentation.</h3>

Explanation:

Hope it helps!

<em>#</em><em>C</em><em>a</em><em>r</em><em>r</em><em>y</em><em>O</em><em>n</em><em>L</em><em>e</em><em>a</em><em>r</em><em>n</em><em>i</em><em>n</em><em>g</em>

4 0
2 years ago
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