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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.

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2 years ago
if you want to determine the equal annual end of year payments necessary to amortize fully $6,000,10%loan over 4 years​
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Answer:

$2,400.

Explanation:

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3 years ago
The management of Blue Ocean Company estimates that 50,000 machine-hours will be required to support the production planned for
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Answer:

$6.00 per machine-hour

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Predetermined overhead rate = $6 per machine hour

So, The correct asnwer is $6.00 per machine-hour.

8 0
3 years ago
The university of michigan law school uses race as a factor in admission in order to achieve a diverse student body, a goal whic
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The answer to the question is affirmative action.

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3 years ago
What is the exit stage of a business in finance?
ziro4ka [17]

Answer:

when the entrepreneur gets out of the day-to- day commitment of running the company.

Explanation:

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