<u>Answer:</u>
<em>B) Selling costs of a sales department are not inventoriable</em>
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<u>Explanation:</u>
The inventoriable price is the cost from the provider in addition to all costs essential to get the thing into stock and prepared available to be purchased, for example, cargo in. For a maker, the item expenses incorporate direct material, direct work, and the assembling overhead (fixed and variable).
Inventoriable costs once in a while fluctuate, starting with one industry then onto the next, and they additionally vary, starting with one provider then onto the future down the store network.
Answer: Both types of leaders have humility as a core personal characteristic
Explanation:
Servant leadership is a form of leadership philosophy whereby the lender's main goal is to serve and the leaders are humble. Level 5 leaders are humble and incredibly ambitious.
Therefore, servant leaders and Level 5 executives have in common is that both types of leaders have humility as a core personal characteristic
Answer: See explanation
Explanation:
1. Determine the authorized shares.
The authorized share simply refers to the maximum number of shares that can be issued by a particular company. In this case, the authorised share is 212000.
2. Determine the issued shares.
The issued share simply means the shares sold. In this case, the answer is 145000 shares.
3. Determine the outstanding shares.
The outstanding shares will be:
= 145000 - 15000
= 130000
Answer:
See explanation section
Explanation:
October 5 Merchandise Inventory Debit $4,700
Accounts Payable - Bramble Company Credit $4,700
<em>To record the merchandise Inventory purchase on account. As the company uses perpetual inventory system, merchandise inventory becomes debit instead of purchase account.</em>
October 8 Accounts payable Debit $720
Merchandise Inventory credit $720
<em>To record the return of defective goods to Bramble Company. (Using perpetual inventory system)</em>
Answer:
D. rise by $1 million
Explanation:
For Fed if it purchases any security from any other bank then the balance of deposits will increase accordingly with such value in Fed.
As Fed is a central bank, it will be termed as reserves in the books of bank accordingly its reserves will increase as Fed has made investment in it.
Although, the deposits of Fed will also increase as because by purchasing the securities its cash in hand decreases and it tends to increase the deposits, by the same.
Therefore the deposits will increase by $1 million only.