Answer: free market
Explanation:
The free market is where all the stocks are shared, The answer is free market!
Answer:
b) Debit Cash $768.30; debit Credit Card Expense $11.70 and credit Sales $780.
Explanation:
Based on the information given the Appropriate journal entry to record this sale transaction would be:
Debit Cash $768.30
($780-$11.70)
Debit Credit Card Expense $11.70
(1.5%*$780)
Credit Sales $780
(To record sales)
The correct answer is C.to encourage people to borrow money, hope this helps
Answer:
The correct answer is letter "A": Power and machinery, money and goods, are useful only as they set us free to live.
Explanation:
American entrepreneur Henry Ford (1863-1947) was the author of the transportation and industry revolution in the U.S. He obtained around 160 patents registered in America. The "<em>Fordism</em>" was named after him because of his method of producing large quantities of automobiles at low cost through mass production.
According to Ford: "<em>Power and machinery, money and goods, are useful only as they set us free to live. They are but means to an end. For instance, I do not consider the machines which bear my name simply as machines. If that was all there was to it I would do something else.</em>" ("My Life and Work", 1922).
Answer:
The Beverage International's receivables turnover ratio is = 16,14
Explanation:
The accounting receivable turnover formula is :
Net credit sales / Average Accounts Receivable
So Net credit sales = $468,000
And Average Accounts Receivable = ($24,000 + $34,000)/2 = $29.000,00
The receivables turnover ratio is = $468,000 / $29.000,00 = 16,14