You still need to know the value of Purchases, and if i'm not wrong, the formulae is COS/Avg Inv
Answer:
Db Accounts Payable or Cash____900
Cr Inventory account__________________900
Explanation:
The journal entry would be: If merchandise is returned to a supplier, a debit is made to Accounts Payable or Cash, and a credit is made to the Inventory account.
The answer is 4.0 because i you said get your money from
Answer:
Commercial paper
Explanation:
Commercial paper is a term in business or economics that describes money-market security issued by corporation, which is considered unsecured, so as to obtain funds to meet short-term debt or obligation, such as financing of payroll, and inventories.
It is supported only by issuing bank or company promise to pay the face amount on the maturity date often 270 days or less, as specified on the note.
Hence, COMMERCIAL PAPER is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less.
<span>b. interest rates increaseincrease causing planned investment to decreasedecrease, which causes a decreasea decrease in aggregate demand.</span>