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borishaifa [10]
2 years ago
15

WILL MARK BRAINLIEST!

Business
1 answer:
Sphinxa [80]2 years ago
8 0

Answer:

B. Cash in Bank account (debit) Interest on Loan account credit)

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werwerwerwerwerwer

Explanation:

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2 years ago
Why do governments exist? (Choose three responses)
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B. To provide law and order
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The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands):
san4es73 [151]

Answer:

A. 136.2 days

Explanation:

To compute the average days inventory outstanding, first, we have to find out the inventory turnover ratio

Inventory turnover ratio =  Cost of goods sold ÷ average inventory

where,  

Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2

= ($546,745 + $585,764) ÷ 2

= $566,254

And, the cost of good sold is $1,517,397

Now put these values to the above formula  

So, the answer would be equal to  

= $1,517,397 ÷  $566,254.50

= 2.67 times

Now, Days in inventory  = Total number of days in a year ÷ inventory turnover ratio

= 365 days ÷ 2.67 times

= 136.70 days approx

5 0
2 years ago
greene co. has pretax book income for the year ended december 31, 2019 in the amount of 265000 and has a tax rate of 30%. Deprec
Gennadij [26K]

Answer:

Pre-tax book income $265,000

Less depreciation additional charge $14,500

Taxable income $250,500

Tax liability at 30% = $75,150

8 0
2 years ago
What is the first account number used in the liabilities division? A. 20 C. 2 B. 21 D. 02
zepelin [54]

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the answer is A. 20

Explanation:

7 0
3 years ago
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