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2 years ago

Which of the following should you NOT wear to an interview?

Business

1 answer:

natulia [17]2 years ago

5 0

Answer: I think Anything tight, bright, short, or sheer should absolutely be avoided.

Explanation:

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Assume the perpetual inventory; system is used unless stated otherwise. Round all numbers to the nearest whole dollar unless sta

Bingel [31]

Answer: Check attachment

Explanation:

In the attachment, note that:

On July 14:

Account payable was calculated as:

= $4400 - $300

= $4100

Merchandise Inventory = $4100 × 2%

= $4100 × 2/100

= $4100 × 0.02

= $82

Cash = $4100 - $82 = $4018.

Check attachment for further explanation.

7 0

3 years ago

An inventory loss from market decline of $1,200,000 occurred in May 2015, after its March 31, 2015 quarterly report was issued.

JulsSmile [24]

Answer:

The answer is:

The inventory loss should be recorded entirely in the second quarter that ends in 6/30/2015 since losses have to be recorded as soon as the company recognizes them. The other quarters should not reflect any of the losses associated with this event.

Explanation:

The accrual accounting principle states that accounting transactions have to be recorded in the period when they actually happen. The conservatism principle states that liabilities and losses have to be recorded as soon as they are recognized.

8 0

3 years ago

At the end of the current accounting period, Ringgold Co. recorded depreciation of $15,000 on its equipment. The effect of this

kolbaska11 [484]

Answer:

B)owners' equity and decrease assets.

Explanation:

From the question, we are informed about Ringgold Co. Whereby At the end of the current accounting period, Ringgold Co. recorded depreciation of $15,000 on its equipment. In this case, The effect of this entry on the company's balance sheet is to decrease owners' equity and decrease assets. Depreciation can be regarded as type of expense that brings reduction in value of an asset. It can be regarded as scheduled and not estimated expense . Depreciation can be recorded on balance sheet, as well as cash flow statement.

3 0

2 years ago

Craydye Corporation manufactures a part for its production cycle. The costs per unit for 8,000 units of this part are as follows

irakobra [83]

Answer:

Make; $72,000

Working:

Make ($106*8000) 848,000

Buy [($120*8000 - 40,000)] 920,000

Make increases profits by 72,000

7 0

3 years ago

Read 2 more answers

Since the middle of the 20th century, the international global business system has been shaped by global institutions. Countries

Aleks [24]

Answer:

The order in which these organizations were established, from first to last are,

1. Bretton Woods Institution: IMF and the Word Bank

2.United Nations

3. GATT

4. WTO

5. G20

Explanation:

The organizations mentioned above were created on the international forum, either to foster peace or economic growth among the nations involved. In the order in which they were created from first to last, we have;

1. Bretton Woods Institution: IMF and the World Bank- These were created on July 1944, by 43 countries in Bretton Woods, New Hampshire, United States. They were established to rebuild the economy of nations after the World Wars by encouraging cooperation among the economic drivers of these nations.

2. United Nations- This organization was created on 24th October 1945. Its aim is to enhance and promote International Peace through its policies.

3. General Agreement on Tariffs and Trade- This is a legal understanding among several nations with the intention of reducing to reasonable extent, and if possible eliminating trade barriers such as tariffs. It was established on 30th October, 1947.

4. World Trade Organization- It was established with the intention of regulating trade among nations. It was established on 1st January, 1995.

5. G20- Short for Government of 20, this is a meeting meant for both the leaders as well as the Central Bank governors of about 19 countries, along with the European Union. It was established on 20th September, 1999.

7 0

3 years ago