Identify which group of accounts may require adjustments at the end of the accounting period.

Explain the importance of contracts when analyzing revenue arrangements.

Nana76 [90]

<span>Contracts are legally binding documents that have the ability to protect and allow all parties to be clear and precise of actions and expectations within the agreement, including payment arrangements. Contracts are important when analyzing revenue arrangements, as it ensures that all parties are aware of the agreed upon outcome and provide hard evidence should there be any future disputes.</span>

5 0

2 years ago

While working on a printer, you spill a cleaning solution that was sitting on the floor next to the printer stand. What step sho

aleksandrvk [35]

Answer: Check the MSDS for the liquid and follow the instructions.

Explanation:

The Material safety data sheet(MSDS) are document that contains information on the potential hazards(health, fire, reactivity & environmental) and working safely with chemical products. What to do after the spill is to check the MSDS for the liquid and follow the instructions.

8 0

3 years ago

Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 27,000 units.

harkovskaia [24]

Answer:

Walker Company

a. Merchandise Purchases Budget for the months of July, August, and September:

July August September

Sales units 210,000 290,000 290,000

Ending inventory 43,500 43,500 27,000

Goods available 253,500 333,500 317,000

Beginning inventory 31,500 43,500 43,500

Purchases 222,000 290,000 273,500

b. The ratio of ending inventory to the next month's sales = 15% (Ending Inventory/Sales next month * 100)

c. The units budgeted for sale in October = 180,000 units.

Explanation:

a) Data and Calculations:

September ending inventory = 27,000 units

Ending inventory always equal to 15% of budgeted sales for the following month.

Sales (Units) Purchases (Units)

July 210,000 222,000

August 290,000 290,000

September 290,000 273,500

October 180,000

July August September October

Sales units 210,000 290,000 290,000 180,000

Ending inventory 43,500 43,500 27,000

Goods available 253,500 333,500 317,000

Beginning inventory 31,500 43,500 43,500 27,000

Purchases 222,000 290,000 273,500

6 0

2 years ago

Realists argue that the ____ is the key unit of analysis in international relations, where as neorealists argue that the _______

4vir4ik [10]

Answer:

The correct answer to the following question is - fill in the blank 1) State and the fill in the blank 2) International system.

Explanation:

Realism is an approach where the study and practice of international politics is given more preference and more emphasis has been given on role of nation states , as they are motivated by national interest.

Neo realists or neo realism can be defined as a theory of international relations , according to which power is the most important aspect in international relation.

5 0

3 years ago

When a firm tries to place its products or services in as many outlets as possible, the density of distribution is referred to a

kompoz [17]

<span>This is intensive distribution. This marketing strategy allows the company to get its product to as many customers as possible. This is in contrast to selective or exclusive distribution methods, in which a company tries to be specific about the markets and persons who are targeted by the product.</span>

5 0

3 years ago