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Pepsi [2]
3 years ago
5

How a company classifies its inventory depends on whether the firm is a merchan- diser or a manufacturer. In a merchandising com

pany. such as those described in Chapter 5, inventory consists of many different items. For example, in a grocery store, canned goods, dairy products, meats, and produce are just a few of the inven- tory items on hand. These items have two common characteristics: (1) They are owned by the company, and (2) they are in a form ready for sale to customers in the ordinary course of business. Thus, merchandisers need only one inventory classifi- cation, merchandise inventory, to describe the many different items that make up the total inventory.​
Business
1 answer:
Aleonysh [2.5K]3 years ago
5 0

Answer:

2.94

Explanation:

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According to ______________, stock prices react instantaneously, completely and accurately to all publicly available information
Lelu [443]

Answer:

Theory of Efficient markets

Explanation:

According to this theory stock prices react instantaneously to new information

4 0
3 years ago
Any suggestions on a good movie?
Lemur [1.5K]
Lol umm fist fight hope this helps
8 0
4 years ago
Read 2 more answers
What is the MOST likely result of imposing a price ceiling on a particular product?​
Genrish500 [490]

Answer:

Usually, when a price ceiling is imposed, the demand for the product goes up. This can cause a shortage of products because of their high-demand. Conversely, the opposite occurs when a price floor is imposed.

8 0
3 years ago
You are the manager of a supermarket, and you know that the income elasticity of peanut butter is exactly -0.7. Due to the econo
padilas [110]

Answer:

The purchase should stay the same or even increase its number.

Explanation:

To begin with, due to the fact that the income elasticity of peanut butter is exactly -0,7 then that good is inferior and because of that when the income drops by 15 percent next year then the consumer will still be buying the product but in a more frequent  way due to the fact that if the income decreases then the demand of that product that tend to be inferior will be available for everyone. That is why, as a manager you should continue to buy peanut butter.

6 0
3 years ago
Ckson's Programming paid its June of $500 cash. demonstrate how to use the accounting equation to record the transaction by comp
Dvinal [7]

Answer:

Decrease <u>Cash </u>and Increase <u>Expense</u>

Explanation:

Jackson Programming paid $500 as rent for the month of June.

The accounting equation is is the basis of the double entry accounting principle system. It is an equation that stipulates that the balance sheet must remain balanced meaning every entry on the debit should be followed with a corresponding credit. It also means for every decrease there should be a corresponding increase.

In Jackson Programming;

A decrease is recorded in CASH because cash was paid, while an increase is recorded in EXPENSE because there is a corresponding increase in rent expenses.

5 0
4 years ago
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