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
Bond [772]
3 years ago
9

Select the term in the blank space beside the definition that it most closely matches.

Business
1 answer:
Svetach [21]3 years ago
6 0

Answer:

1. Merchandiser

2. Periodic inventory system

3. Perpetual inventory system

4. Cost of goods sold

5. Sales discount

6. Credit period

7. Discount period

8. FOB destination

Explanation:

1. Merchandiser: A type of business that earns income by buying and selling merchandise.

2. Periodic inventory system: Inventory is updated for purchases and sales of inventory only at the end of a period.

3. Perpetual inventory system: Inventory is updated for each purchase and each sale of inventory.

4. Cost of goods sold: The expense of purchasing and preparing the merchandise sold during a period.

5. Sales discount: Seller's description of a cash discount granted to buyers in return for early payment.

6. Credit period: The amount of time allowed by a seller before payment is due from the buyer.

7. Discount period: Time period in which a cash discount is available.

8. FOB destination: Refers to credit terms where goods in transit are owned by the seller.

You might be interested in
Gainsharing plans differ from profit-sharing plans in that:A. gainsharing plans use organization-wide performance parameters.B.
andriy [413]

The correct answer is choice A.

Gainsharing is normally when a business measures performance, and through a pre-determined formula, shares the savings with all employees.

4 0
3 years ago
For resources to be able to meet your needs, it must have attribute known as
Bogdan [553]
Not all resources of a given type are identical: Customers differ in size and profitability, staff differ in experience, and so on. This chapter will show you the following:

how to assess the quality of your resources
how resources bring with them potential access to others
how you can improve resource quality
how to upgrade the quality of an entire strategic architecture
6.1 Assessing the Quality of Resources

Few resources are as uniform as cash: Every dollar bill is the same as all the others. Most resources, however, vary in important ways:

Customers may be larger or smaller, highly profitable or less so.
Products may appeal to many customers or few, and satisfy some, many, or all of their needs.
Staff may have more experience or less, and cost you high salaries or low.
A single resource may even carry several characteristics that influence how the resource stock as a whole affects other parts of the system. Individual bank customers, for example, feature different balances in their accounts, different numbers of products they use from the bank, different levels of risk of defaulting on loans, and so on. A resource attribute is a characteristic that varies between different items in a single pool of resources. These differences within each type of resource will themselves change through time. For example, if we lose our most profitable customers our operating profits will fall faster than if we lose only average customers.
4 0
3 years ago
To conduct an experiment, a movie theater increased movie ticket prices from $9 to $10 and measured the change in ticket sales.
AleksandrR [38]

Answer:

1. The elasticity of demand for movie tickets must be INELASTIC.

2. Demand curves become LESS elastic in the long run. This means that the ticket price increase will likely be MORE profitable in the long run.

Explanation:

1. As demand is inelastic, the percentage of price increase will be greater than the decrease in the quantity of tickets demanded, and consequently profit will increase.

2. In the long term, demand becomes inelastic. Consequently, in the long term the percentage of the price increase will continue to be greater than the percentage of decrease in the quantity of tickets demanded.

7 0
3 years ago
Venzuela Company’s net income for 2020 is $50,000. The only potentially dilutive securities outstanding were 1,000 options issue
aev [14]

Answer:

$4.67 per share

Explanation:

The calculation of the diluted earning per share is given below:

= (Total income - preference dividends) ÷ (outstanding shares + diluted shares)

where,

Total income is $50,000

Outstanding shares is 10,000

And, the diluted shares is computed by following calculations

Amount paid towards shares = Options issued × Exercise price per share

= 1,000 × $6

= $6,000

And,

Value of options = Amount paid towards shares ÷ Current market price

= $6,000 ÷ $20

= 300

Therefore,

Diluted shares is

= Options issued - value of options

= 1,000 - 300

= 700

So Diluted Earnings per share is

= ($50,000) ÷ (10,000 + 700)

= $4.67 per share

4 0
3 years ago
Parties more interested in managerial accounting data than in financial accounting data include
zvonat [6]
<span>The phase of accounting that is concerned with providing information to managers for use within the organization.

</span><span>Production manager, VP of Business Planning, Controller</span>
8 0
3 years ago
Other questions:
  • Nora is deciding whether to purchase brand-name sneakers or a less expensive store brand. She has purchased other shoes with the
    7·1 answer
  • This model focuses on the practitioner as the agent of the occupational environment,
    10·1 answer
  • What should i name my blue dinosaur
    10·2 answers
  • Three individuals form Skylark Corporation with the following contributions: Cliff, cash of $50,000 for 50 shares; Brad, land wo
    14·1 answer
  • Could I Industries just paid a dividend of $1.35 per share. The dividends are expected to grow at a rate of 19 percent for the n
    13·1 answer
  • The Solow model demonstrates that A) in the absence of productivity growth, economic growth will turn negative in the long run.
    10·1 answer
  • UuUGgGHhH
    12·1 answer
  • Suppose you will receive a payment of $300 one year from now. True or False: If during the year the interest rate rises, this in
    14·1 answer
  • You get a $3,000 loan at 9% interest for 120 days. The lender uses a 365-day year. How
    9·1 answer
  • which of the following statements is most accurate about creating effective podcasts? a. podcast hosts should consider general a
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!