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Arada [10]
2 years ago
9

The inventory system employing accounting records that continuously disclose the amount of inventory is calle

Business
1 answer:
Salsk061 [2.6K]2 years ago
4 0
It's called perpetual. Perpetual inventory method updates inventory on a regular basis, as opposed to a periodic system, which updates at the end of a period. 
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When must you inspect your tools and extension cords?
Iteru [2.4K]

Answer:

Testing should be conducted on each piece of equipment every three months, as well as before first use or return to service after repair. In order to ensure a grounding wire is electrically continuous throughout the extension cord or power tool, a continuity test must be conducted.

Explanation:

3 0
3 years ago
Moose Industries faces the following tax schedule: Taxable Income Tax on Base of Bracket Percentage on Excess above Base Up to $
Ymorist [56]

Answer: $5,610,000

Explanation:

Earnings before Interest and tax = $10,000,000

Earnings before tax (EBT) = EBIT - Interest

= 10,000,000 - 1,500,000

= $8,500,000

EBT is in the $335,000-$10,000,000 range.

Tax is therefore = Tax on base of bracket + Percentage on Excess above Base (EBT - Base of bracket)

= 113,900 + 34%( 8,500,000 - 335,000)

= $2,890,000

Net Income = EBT - Tax

= 8,500,000 - 2,890,000

= $5,610,000

7 0
3 years ago
Luis is an accountant whose company recently switched from process costing to job order costing. He is preparing to total manufa
Ann [662]

Answer:

The correct answer is Assign costs of work process.

Explanation:

Among the main changes to be able to allocate costs, Julio must take the costs of work in process in a single account, instead of directly to different department accounts. This will ensure better control of the information, avoiding mistakes in the planning process.

4 0
3 years ago
John is the chief operating officer (CEO) at an advertising company. He conducts bi-weekly meetings with his middle managers thr
telo118 [61]

Answer:

leading

Explanation:

According to my research on different organizational roles and responsibilities, I can say that based on the information provided within the question John exhibits characteristics of the leading function of management. This is a characteristic that is needed for a CEO because he/she needs to be able to lead their team correctly in order to be able to make the organization succeed.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?
mezya [45]

Answer:

Option (c) is correct.

Explanation:

Given that,

Sales = $ 2,000.00

Costs = 1,400.00

Depreciation = 250.00

EBIT = $ 350.00

Interest expense = 70.00

EBT = $280.00

Taxes (25%) = 112.00

Net income = $168.00

Net operating profit after taxes (NOPAT):

= EBIT × (1 - tax rate)

= $350 × (1 - 25%)

= $350 × 0.75

= $262.50

Therefore, the net operating profit after taxes (NOPAT) is $262.5.

8 0
2 years ago
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