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Kaylis [27]
2 years ago
8

1- On November 2, Z-Mart purchased $500 of merchandise inventory for cash

Business
1 answer:
diamong [38]2 years ago
6 0

Answer:

Merchandise Inventory (Debit 500)

Cash (Credit 500)

Purchased goods for cash.

Hope this helps

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Which of the following describes the means by which a message is sent. A. managing B. message C. media D. language
MariettaO [177]

Answer:

C. MEDIA

Explanation:

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5 0
2 years ago
An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the
Mazyrski [523]

Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

= Sales revenue - Cost of goods sold

Sales revenue:

= 200,000 x 4.70

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Cost of goods sold:

= Total production cost / Total units produced x Units sold

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3 0
1 year ago
If investors are risk averse and hold only one stock, we can conclude that the required rate of return on a stock whose standard
telo118 [61]

Answer:TRUE

Explanation: Standard deviation is the rate of spread of numbers or values around the Mean of the numbers or values, it can also be described as the square root of the variance of a set of numbers or values. In financial analysis, the rate of return is the amount net income of a business entity over a given period of time. A risk averse investor is an investor who will try as much as possible to avoid risk even with high profit investment.

So for a risk average person to take on the investment with higher standard deviation it means the rate of return will be Higher.

6 0
3 years ago
g A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third y
Lorico [155]

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$880.31

Explanation:

Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment

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= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the new price of the bond is $880.31

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3 years ago
Which of the following are markets in which money is lent for periods longer than<br> one year?
kifflom [539]

Answer:

capital market

Explanation:

6 0
3 years ago
Read 2 more answers
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