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2 years ago

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

Business

1 answer:

Svetach [21]2 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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Additionally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).

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During the current year, Comma Co. had outstanding: 25,000 shares of common stock, 8,000 shares of $20 par, 10% cumulative prefe

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Answer:

The basic earnings per share for the present year is $7.36 per share

Explanation:

The basic earnings per share for the current year of Comma is computed as:

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Preferred stock is computed as:

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