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Solnce55 [7]
3 years ago
6

Three important forms of long-term (capital) expenditures are

Business
1 answer:
Anna35 [415]3 years ago
6 0

Answer:

Explanation:

Expenditure made to reduce costs; Expenditure made to increase revenue; Expenditure which is justified on non-economic grounds.

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A company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 9, 20
lutik1710 [3]

Answer:

February 9, merchandise purchased on account:

Dr Merchandise inventory 57,000

    Cr Accounts payable 57,000

March 7, merchandise sold on account

Dr Accounts receivable 79,000

    Cr Sales revenue 79,000

Dr Cost of goods sold 57,000

    Cr Merchandise inventory 57,000

Explanation:

Since we are not told the date when the company pays for the purchased merchandise, we can assume any date of February to record the payment:

Dr Accounts payable 57,000

    Cr Cash 57,000

The same for the collection of the sales account:

Dr Cash 79,000

    Cr Accounts receivable 79,000

7 0
3 years ago
A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you n
kifflom [539]
You would have to work 250 total hours to pay off your education investment, plus any loans you may take out from the bank (interest, need to calculate interest if applicable).
7 0
3 years ago
Rachel Dawkins has ​$26,000 invested in stock A and stock B. Stock A currently sells for ​$50 a share and stock B sells for ​$60
padilas [110]

Answer:

Stock A = 400 and Stock B = 100

Explanation:

Rachel invested $26,000 in stock A and stock B at $50 and $60 respectively. The first equation will be:

⇒ 26,000 = A50 + B60 (equation 1)

After some time,

  • The stock A increases by 50% which means the value of stock A currently is (50 x 150%) = $75
  • The stock B doubles in value which means the value of stock B currently is (60 x 2) = $120

The total worth of the both stock is now $42,000. The second equation will be:

⇒ 42,000 = A75 + B120 (equation 2)

We have 2 equations now,

⇒ 26,000 = A50 + B60 (equation 1)

⇒ 42,000 = A75 + B120 (equation 2)

To solve this, multiply equation 1 by -2,

⇒ (-2 x 26,000) = (-2 x A50) + (-2 x B60)

⇒ -52,000 = -A100 - B120 (equation 3)

Solve equation 2 and 3 to compute the value of A:

⇒  42,000 = A75 + B120

⇒ -<u>52,000 = -A100 - B120</u>

⇒ -10,000 = -A25

⇒ A = -10,000/-25

⇒ A = 400

Substitute the value of A in any of the above equation to compute B, let's say in equation 1:

⇒ 26,000 = A50 + B60

⇒ 26,000 = (400)50 + B60

⇒ 26,000 = 20,000 + B60

⇒ B60 = 26,000 - 20,000

⇒ B60 = 6,000

⇒ B = 6,000/60

⇒ B = 100

7 0
3 years ago
Read 2 more answers
Managers are increasingly viewing the world as "one big marketplace" due to globalization and the interconnectedness of national
maxonik [38]

Answer: Ethnocentric orientation

Explanation:

The options are;

A. Regiocentric orientation

B. Geocentric orientation

C. Polycentric orientation

D. Ethnocentric orientation

E. Multicentric orientation

Ethnocentric orientation is an orientation whereby one believes that their home country is superior and better than other countries and this orientation usually leads to lost opportunities that could have been used by a company to expand. Managers who see the world as​ a big​ marketplace typically have geocentric orientation.

6 0
3 years ago
What is the last step of creating a budget?
Alex
Tweak your budget at the beginning of every month?
5 0
3 years ago
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