Answer:
D) Credit to Merchandise Inventory for $4,000
Explanation:
Date Account and Explanation Debit ($) Credit ($)
Account Receivable 5,800
Sale 5,800
(Recorded the sale on credit)
Cost of goods sold 4,000
Merchandise Inventory 4,000
(Recorded the cost of goods sold)
Answer:
- <u><em>It is best for Jerilyn to use the $10 coupon when the value of the purchase is equal or lower than $66.67, and it is best to use the $10 coupon when the value of the purchase is greater than $66.67</em></u>
Explanation:
Assume the value of the purchase is P.
Then <em>15%</em> of P is 0.15P.
To obtain the maximum benefit from the <em>15% coupon</em>, <em>Jerilyn</em> should use it when the discount from it is greater than the discount from the $10 coupon. This is:
Divide both sides by 0.15:
If the value of the purchase is equal to $66.67 the total discount with any cuopon are equal; if it is lower than $66.67, the discount of the $10 coupon is greater.
Thus, you conclude that for a $66.67 purchase she should use the $10 cuopon and for a purchase greater than $66.67 she should used the 15% cuopon.
The answer to this question is <span>By electing a board of directors
</span><span>Board of directors will have a certain amount of voting rights based on their total ownership in that company.
This voting right often used in electing top level management such as CEO or CFO. So, if you have the majority votes in the board of directors, you could technically control the upper management in that company.</span>
<span>Controls are needed in a case-controlled study because the outcome would be invalid if there were no base controls to start with. It would be like trying to determine which cancer is more aggressive but if you don't have a control in place or to go by, your research would not have any validity.</span>
Answer:
The correct option is False.
Explanation:
The safety stock levels are not decreased before and after the centralization, only when the lead time demands between the two warehouses were perfectly positively correlated. i.e the demand in both the warehouses was increasing and decreasing at the same time.
<em>As the correlation indicated in the question statement is regarding the negatively correlated thus the statement is false.</em>