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
mars1129 [50]
3 years ago
7

Ritchie orders 1000 widgets from Cunningham Widget Co. The widgets are stored in Al's Warehouse. Under the contract, CWC is requ

ired to give Ritchie a warehouse receipt for the goods, which Ritchie will then pick up. Title to the widgets passes to Ritchie: Group of answer choices After Ritchie inspects the widgets for defects. When CWC gives Ritchie a warehouse receipt for the widgets. When Ritchie picks up the widgets. When Ritchie orders the widgets from CWC.
Business
1 answer:
Aleks [24]3 years ago
3 0

Answer:

when CWC gives Richie a warehouse receipt for the widgets

Explanation:

You might be interested in
Hamasaki Company owns 30% of CDW Corp. stock and has significant influence. Hamasaki received $6,500 in cash dividends from its
Anuta_ua [19.1K]

Answer:

A. True

Explanation:

Account Title Debit Credit

Cash 6500

Investment in CDW Corp. 6500

4 0
3 years ago
Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of materi
Anastasy [175]

Answer:

A. $1,020 unfavorable.

3 0
3 years ago
Read 2 more answers
Federated investors has a , with each mutual fund being managed by several portfolio managers who together take responsibility f
Archy [21]
Federated investors has a LOAN , with each mutual fund being managed by several portfolio managers who together take responsibility for the fund's performance.
4 0
3 years ago
Carter Corporation made sales of $900 million during 2016. Of this amount, Carter collected cash for $871 million. The company's
CaHeK987 [17]

Answer: (a) $295 million

(b) $326 million

Explanation:

Given that,

Sales = $900 million during 2016

Cash = $871 million

Cost of goods sold = $280 million

Expenses for the year totaled = $325 million

Paid for Inventory = $375 million

Paid for everything else = $285 million

Beginning cash = $115 million

(a) Net Income = Sales - Cost of goods sold - Expenses for the year totaled

                        = $900 - $280 - $325

                        = $295 million

(b) Carter's cash balance at the end of 2016:

= Cash + Beginning cash - Paid for Inventory - Paid for everything else

= $871 + $115 - $375 - $285

= $326 million

4 0
3 years ago
G MC Qu. 87 When is a goodwill impairment loss... When is a goodwill impairment loss recognized?
marin [14]

Answer:

Goodwill impairment occurs when a company decides to pay more than book value for the acquisition of an asset.

An impairment is recognized as a loss on the income statement and as a reduction in the goodwill account. The amount of the loss is the difference between the current fair market value of the asset and its carrying value or amount.

Explanation:

6 0
3 years ago
Other questions:
  • Which of the following are included in the employer's payroll taxes?
    15·1 answer
  • The __________ enforces) procedures so employees may vote to have an union and for collective bargaining.
    14·1 answer
  • Select the appropriate steps to allow a trusted site for internet explorer version 8
    9·1 answer
  • A business partner whose potential financial loss in the partnership will not exceed his or her investment in that partnership i
    14·1 answer
  • New Savings Bank pays 4% interest on its deposits. If you deposit $1,000 in the bank and leave it there, will it take more or le
    11·1 answer
  • The Great Railway Strike of 1877 __________. Group of answer choices represented a weakness in the system that allowed railroads
    7·1 answer
  • The AD Curve ________. A) indicates the level of aggregate output corresponding to different goods-market-clearinglevels of the
    5·1 answer
  • Superior has provided the following information for its recent year of operation: The common stock account balance at the beginn
    12·1 answer
  • Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activit
    9·1 answer
  • In 2019, pastured eggs sold for more than twice the price of cage-free eggs and almost 5 times the price of conventional eggs, m
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!