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
AfilCa [17]
3 years ago
8

Suppose that XYZ2 shop Company recorded as a purchase certain goods that it purchased account, with the term FOB shipping point

and counted them in ending inventory before being received. The effect on the financial position is? UN: understated, NO: NO effect, and OV: overstated 1 Cost of goods sold 5. Retained earnings 2. Account payable 3. Purchases No ecsect 7. Working capital 4. Ending inventory 8. Current ratio 6. Net income​
Business
1 answer:
xxMikexx [17]3 years ago
3 0

Answer:

77

Explanation:

76

You might be interested in
Globally, ethical codes of conduct are becoming more sophisticated and accessible. O True O False
allochka39001 [22]

Answer:

True .

Explanation:

Business ethics tell us what is right and wrong, what is good and bad, what is fair and unfair. Business ethics are very important for any company. They help a company to improve there image in front of people. Business ethics is a part of society , business uses its resources ,so its become the moral value of business to do something for society.

Whenever a company do something good for society , then it improves its image in public .

Now a days, the consumer are become the king of the market, they organised powerful association when company do not fulfill there need.

If business do not work ethically then government also interfere . So to avoid government interference , to build good public image it is necessary for businessman to work ethically.

3 0
3 years ago
Twenty percent of the employees of abc company use direct deposit and have their wages sent directly to the bank. assume we rand
abruzzese [7]
1 in 5 of the sample employees use direct deposit
3 0
3 years ago
Fraternity is protected under the ..
nasty-shy [4]
None of them is the answer
7 0
2 years ago
The existing balance in Allowance for Doubtful Accounts is considered in computing bad debts expense in the A. direct write-off
AlexFokin [52]

The correct answer is choice b - the percentage of receivables basis.

When an accountant is calculating the bad debts expense they will take into account the balance in the Allowance for Doubtful Account when they are calculating on the percentage of sales basis.

8 0
3 years ago
Which statement explains a proportional tax system?
-Dominant- [34]

Answer:

The tax rate is the same for all income levels.

Explanation:

A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.

Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.

7 0
3 years ago
Other questions:
  • When auto manufacturer BMW purchased the Rolls-Royce brand name, BMW had to hire and train a new staff of assembly workers. The
    10·1 answer
  • Accompanying a bank statement for Borden Company is a credit memo for $21,200 representing the principal ($20,000) and interest
    6·2 answers
  • Folsom Fashions sells a line of women's dresses. Folsom's performance report for November is shown below. (CMA adapted)
    7·1 answer
  • Norman Co. wants to purchase a machine for $40,000, but needs to earn an 8% return. The expected year-end net cash flows are $12
    6·1 answer
  • By encouraging employees to experiment with new innovations that are of interest to them, bezos is supporting which of scott ber
    5·1 answer
  • Why would the top-level managers at Nutzandboltz, a hardware company, decide to invest free cash flow in product lines such as c
    10·1 answer
  • the income effect of a price change refers to the impact of a change in a) income on the price of a good b) demand when the inco
    5·1 answer
  • The following information is available for a company's utility cost for operating its machines over the last four months. Month
    6·1 answer
  • I need to make sure of my answer
    7·1 answer
  • trini started a new office job and her supervisor trained her for the position. however, her supervisor was not an adequate trai
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!