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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
Ldentify whether each statement in the following statement is true or false.
monitta

Answer:

The answer is (a) False (b) False (c) True

Explanation:

Solution

(a)Businesses that do not acquire a differentiation,focus strategy, or  low-cost leadership, is liable to be more successful than businesses that do adopt these strategies - False because Companies or business does not necessarily need to adopt differentiation methods or low cost leadership, they might have their own market strategy to succeed.

(b) Employee abilities to develop innovative products are important for companies that use a low-cost leadership strategy - False .

(c) Companies that use a focus strategy have narrow buyer groups -Focus strategy : This strategy is used when a company knows its segment and has products that can competitively satisfies its needs.In this case it is true.

5 0
3 years ago
To deal with a wartime economic crisis in 1779, Congress urged states to: a. seek loans from friendly European governments. b. a
qwelly [4]

Answer:

C. adopt measures to fix wages and prices.

Explanation:

Between 1775 - 1783, the thirteen (13) colonies in Congress warred against the British because of its lack of colonial representation and the objection of the British to the direct taxation method introduced by the parliament. This war was known as the American revolutionary war or American war of independence.

Consequently, this war resulted in a deep economic crisis and inflation for the people of America.

To deal with this wartime economic crisis in 1779, Congress urged states to adopt measures to fix wages and prices such as refusal to issue continental dollars but resort to the issuing of tax adjustment  notes, loan office certificates, warrants, quartermaster notes, etc.

3 0
3 years ago
A _____ savings account pays interest and allows for a regular deposits and withdrawals
lisov135 [29]

Answer:

<em>Regular savings account </em>

Explanation:

<em>One requires to commit small amounts of income each month on a regular savings account.</em>

In exchange for providing your savings provider a fixed level of income every month, they normally pay you a higher rate of return than, for instance, if you invest a lump sum in a cash ISA or easy access account.

However, the best regular savings rates also exceed the prices on the longer fixed-rate offers offered.

This type of account has rigorous terms of service that may cause you to lose your competitive rate if you fail to adhere to them.

7 0
3 years ago
Competition between banks and nonbanks, such as insurance companies and pension funds, has?
Troyanec [42]

Competition between banks and nonbanks, such as insurance companies and pension funds, has not changed in 50 years, since the creation of the Federal.

A retirement fund also called a retirement fund in some countries, is a plan, fund, or scheme that provides income after retirement. Pension funds typically hold large amounts of investment capital and are major investors in public and private companies. These are especially important for stock markets dominated by large institutional investors. Together, the top 300 pension funds have approximately $6 trillion in assets.

In 2012, PricewaterhouseCoopers estimated that pension funds held more than $33.9 trillion in assets worldwide (expected to exceed $56 trillion by 2020), with mutual funds, insurance companies, and foreign exchange reserves It is the largest category of institutional investors, surpassing gold and sovereign wealth. funds, hedge funds, or private equity; With $2.66 trillion in assets under management, the Federal Endowment Trust Fund is the world's largest public pension fund.

Learn more about Pension Funds here : brainly.com/question/11464480

#SPJ4

6 0
2 years ago
An insurance company accepts an obligation to pay 10,000 at the end of each year for 2 years. The insurance company purchases a
Olin [163]

Answer:

$18,594.10

Explanation:

Insurance company has to pay $10,000 for two year with rate of 5% since market rate remain same in both the bond.

X = PV (PMT, N, I/Y)

X = PV(10000, 2, 5)

X = 18594.1043

X = $18,594.10

4 0
3 years ago
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