WHY DO I HAVE TO SIGN UP<br> I DON'T WANT TO

Assume that we use a perpetual inventory system and that five identical units are purchased separately at the following four dat

swat32

Answer:

The cost of goods sold (income statement) should include 1 unit purchased on April 5 at $10.

The merchandise inventory account (balance sheet) should include the 4 units purchased later including their purchase date and specific cost:

1 unit purchased on April 10 at $12
1 unit purchased on April 15 at $14
1 unit purchased on April 20 at $16
1 unit purchased on April 20 at $17

5 0

3 years ago

Do you think it makes sense for a transnational organization to have more than one headquarters? What might be some advantages a

erica [24]

Answer: A transnational organization is an organization that operate in more than one country. It is very important for such organization to have headquarters in each country their operate, because each country their operate will demand that the company should be registered as an organization, according to the countries terms and condition.

When a transnational company has at least one headquarters in the country their operate, it will help the operations of it's business in that country, It will help the organization in fast decision making, it will help the organization to run it's business in different ethics in accordance with the country it operates, it will help the organization in it's mode of employment. The organization can have a corporate headquarters in the country of it's origin, where the Managing directors of each headquarters come to discuss the business of the company.

One example of a transnational organization which has more that one headquarters is ExxonMobil. This company has more than 10 headquarters in different countries. And it's corporate headquarters is in Texas.

5 0

3 years ago

Megasoft Corporation develops, produces, and markets a wide range of computer software including the Windows operating system. M

Nady [450]

Answer:

Megasoft Corporation

1. The amount of accounts receivable that was written off during the year ended June 30, 2016 was:

= $72 million

2. Receivable Turnover Ratio in 2016

= 2016 Net Sales/Average receivables

= $68,000/$16,660 = 4.1

Explanation:

a) Data and Calculations:

June 30, 2016 June 30, 2015

Net Sales Revenue $68,000 $62,000

Accounts Receivable

(all amounts in millions) $17,260 $16,060

Allowance for

Doubtful Accounts of 310 360

Net Accounts receivable $ 16,950 $ 15,700

Bad Debts Expense = $22

Allowance for Doubtful Accounts

Date Account Titles Debit Credit

June 30, 2015 Beginning balance $310

2016 Bad Debts Expense 22

2016 Accounts receivable 72

June 30, 2016 Ending balance $360

Accounts Receivable

Date Account Titles Debit Credit

June 30, 2015 Beginning balance $16,060

2016 Net sales 68,000

2016 Allowance for Doubtful $72

2016 Cash 66,728

June 30, 2016 Ending balance $17,260

Average receivables = $16,660 ($16,060 + $17,260)/2

Receivable Turnover Ratio in 2016

= 2016 Net Sales/Average receivables

= $68,000/$16,660 = 4.1

8 0

3 years ago

Which spreadsheet function is used to conduct a logical test to see if the conditions of a given expression can be met? A. Round

Nataly [62]

D.IF Function (APEX VERIFIED)

6 0

3 years ago

Read 2 more answers

Read the scenario, and answer the question.

Strike441 [17]

Answer:

One possible revision suggestion for the previous follow-up letter is to:

c. Identify the position he applied for and the date of the interview.

Explanation:

Stating clearly the position that Enrique interviewed for and the the date of the interview will enable the interviewer to reconsider the candidacy of Enrique for the copy-editor position. However, the wording of his first draft of the follow-up email sounds too condescending. Enrique should not display some desperation in his job-search effort.

3 0

3 years ago

WHY DO I HAVE TO SIGN UP I DON'T WANT TO