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stellarik [79]
3 years ago
8

The journal entry to record the purchase of materials on account is a(n)

Business
1 answer:
Pani-rosa [81]3 years ago
8 0
Raw Materials Inventory $XX Accounts payable
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A young couple living in rural west-central Missouri heard about the closing of a local grocery store. Although a small operatio
Zina [86]

Answer:

The correct answer is letter "C": the invisible hand.

Explanation:

In Economics, the term "invisible hand" refers to the belief that markets are created according to the demands and needs of individuals who take advantage of opportunities without the need for the intervention of other parties like a government. The term was coined by Scottish Enlightenment thinker Adam Smith (1723-1790) in his book "<em>An Inquiry into the Nature and Causes of the Wealth of Nations</em>" (1776).

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3 years ago
A person wants to invest $10,000 into stocks: a high tech company (T) with an expected annual return of 12% and a risk index of
Lelu [443]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document. Last version.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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3 years ago
Rizenton-Pharm, a pharmaceutical company, produces a significant amount of chemical waste every day. The company disposes the wa
LenaWriter [7]

Answer: (B) Legal responsibility

Explanation:

 The legal responsibility is one of the type of legal duty based on some laws and it basically helps in creating the foundation of the different types of values in an organization.

The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.

According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.

Therefore, Option (B) is correct answer.

7 0
3 years ago
The price of coffee rose sharply last month, while the quantity sold remained the same. five people suggest various explanations
Virty [35]
<span>The price of coffee rose sharply last month, while the quantity sold remained the same can be a  result of several situations and therefor there are several explanations that are possible:
</span><span>Demand increased, but supply was perfectly inelastic.
</span><span>Demand increased, but supply decreased at the same time.
</span>Supply decreased, but demand was perfectly inelastic.
5 0
3 years ago
Read 2 more answers
Refer to the scenario below to answer the following question(s). Giant Beanstalks is a company based in Maryland that processes
creativ13 [48]

Answer:

Exclusive distribution

Explanation:

Exclusive distribution is defined as an agreement between a producer and retailer that gives the exclusive right to a retailer to distribute the products of a supplier within a given geographical location. Only one distributor is used by the supplier within a given area.

In the secanrio given Giant Beanstalk a company that processes and cans vegetables, recieves raw materials from over 80 companies. It only gives distribution rights to Greenleaf a grocery chain with 38 stores in the country.

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3 years ago
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