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mario62 [17]
3 years ago
10

What is the purpose of Journals in the accounting cycle?

Business
1 answer:
Amiraneli [1.4K]3 years ago
6 0

Answer:

b. record transactions for business

Explanation:

A journal is a detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records, such as the general ledger.

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Sephora is a large cosmetic retailer offering customers the opportunity to shop in their independently operated stores, smaller
Helga [31]

Answer:

Omnichannel Distribution

Explanation:

Omnichannel Distribution -

It is the method adapted by the company which opens the options for the customers to purchase several products from various stores whether to be online or offline availability , is known as omnichannel distribution .

Hence , it is widely used sales method , to increase the profit of the company , by attracting customers from offline as well as from the online platform , and tries to make it available even in the smallest stores .

Hence , the example of Omnichannel Distribution is depicted in the question .

7 0
3 years ago
If Stock A had a price of $120 at the beginning of the year, $150 at the end of the year and paid a $6 dividend during the year,
Alborosie

Answer:

B. 30%

Explanation:

Initial value (Vi) = $120

Final value (Vf) = $150

Dividends paid (D) = $6

The holding period return is defined as the change in value during the year added to the dividends paid and then divided by the initial value:

HPR = \frac{D+(V_f-V_i)}{V_i} \\HPR = \frac{6+(150-120)}{120}\\HPR = 0.30\ or\ 30\%

The stock's annualized holding period return is 30%.

7 0
3 years ago
If you purchase one coca-cola’s corporate bonds with a par value of $1000, and a coupon (interest rate) of 2.5% per year for 10
Tresset [83]

Answer:

$26000

Explanation:

P*(1+r*t)=

1000*(1+2.5 *10)=26000

8 0
3 years ago
Ways to improve a municipalities
Studentka2010 [4]
You can pray to God and he will help you
4 0
3 years ago
Read 2 more answers
The gross profit must cover these types of​ costs: ​(complete all answer​ boxes.)
IRINA_888 [86]
I need the boxes in order to help.
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4 years ago
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