<u>Answer:
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The liquidity of a company with significant amounts of obsolete inventory is best measured by the inventory turnover ratio.
<u>Explanation:
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- Depending on how functional the inventories are, the ratios of inventory turnover would bulk or shrink.
- To have a clear picture of the amounts of obsolete inventory, an examination of the inventory turnover ratio would help greatly as it would dispense the necessary comparative data related to all the inventories.
- The functionality of the inventories can thus be clearly devised from the inventory turnover ratio.
While conducting a security self-assessment of his personal laptop use, vann realizes that he is putting himself at risk by <u>putting off installing available software updates that he has been notified about.</u>
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A self-assessment is an individual review performed to identify elements that can be improved or exploited to achieve certain predefined goals.
Self-assessment is the act or process of analyzing and evaluating oneself or one's actions: assessment of oneself.
The purpose of a self-assessment is to help an individual know the extent of their abilities and to improve upon them. It can be daunting to an employee when they first start self-evaluating, but over time it becomes more natural.
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Students can use INCOGNITO MODE. Incognito is a computer setting that prevents one's browsing history from been stored on the internet, this mode prevents chrome from saving one's browsing history. Incognito will erase your browsing history and drop all the cookies you picked up during your browsing session.
Answer: Retailers sell food, hard or durable goods, and soft goods. Retailing is a trading activity that is directly related to the sale of goods or services to the ultimate consumer for personal, non-business use. A retailer is the last middleman in the machinery of distribution and is responsible to satisfy recurrent wants of consumers.
Explanation: I hope this helps!
Answer:
a. debit Cash; credit Notes Payable
Explanation:
The journal entry for issuance of an interest-bearing note is shown below:
Cash A/c Dr XXXXX
To Notes payable XXXXX
(Being the issuance of the interest-bearing note is recorded)
For recording this transaction we debited the cash account and credited the notes payable account so that the correct posting could be done.
