A tariff is a tax on exported goods, if a tariff is too high then it will increase the cost of the item so the people who are buying have to pay more.
Answer:
C. Credit Merchandise Inventory $7
D. Debit Accounts Payable $350
E. Credit Cash $343
Explanation:
Based on the information given we were told the company made purchased of the amount of $400 of merchandise which include a terms of 2/15, n/40 and On May 3 the company returned the amount of $50 of merchandise due to defect which means that if the purchase was been paid for within the discount period the correct required journal entry for X-Mart to record the payment will be :
Credit Merchandise Inventory $7
[(2%*400)-(2%-50)]
=$8-$1
=$7
Debit Accounts Payable $350
($400-$50)
=$350
Credit Cash $343
($400-$50)-[(2%*400)-(2%-50)]
=$350-($8-$1)
=$350-$7
=$343
Answer:
Dear Management
Classifying costs in an essential part of the management of a business. Classifying costs help us identify more accurately where the money that the firm is spending is going, and this also allows us to identify what costs to raise or to cut.
Costs can be classified according to their nature: labor costs or material costs.
They can also be classified according to their traceability: direct costs (can be traced back to the final product), or indirect costs (cannot be traced back to the final product).
They can also be classified according to their behaviour: variable costs, mixed costs, and fixed costs.
And, they can be classified according to their function: production costs, commercial costs, administrative costs, and so on.
As can be seen, the classifications are numerous, and very important, and any well-run company makes use of these classifications in order to improve the performance of the business.
Some trades are in higher demand than some degrees right now. Consider welding and history. History degrees are not in extremely high demand (which is a possible 4-year degree) but welding is in high demand (doesn't require a 4-year degree).
Answer:
intensive listening
Explanation:
According to my research on different managerial actions and responsibilities, I can say that based on the information provided within the question Sandra is engaged in intensive listening. This term refers to listen carefully to something in order to focus on the details being provided, so you can use that information later. Which is what Sandra is doing when she calls the meeting to hear expert opinions.
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