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N76 [4]
3 years ago
5

Abbott Company purchased $7,100 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this t

ransaction affect the financial statements
Business
1 answer:
yaroslaw [1]3 years ago
6 0
The answer is b I hope this helps
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Different investments have different levels of ___________ (savings, risk, or interest) and offer different rates of return. For
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Groupong Inc. recently paid a $2.78 annual dividend on its common stock. This dividend increases at 3.50 percent per year and th
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Answer:

c) 11%

Explanation:

The question is to determine the rate of return on Groupong Inc's

The rate of return represents an investment's net gain or net loss calculated over a period of time and usually expressed in terms of the percentage of the initial cost of investment.

The rate of return in this question is calculated as follows:

Rate of Return = (The Dividend for the next year/ the current price of the share) + The Growth rate

The dividend for the next year = current year dividend x (1+r), where r is 3.5

= 2.78 x (1+0.035)

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Khalil is a professional tennis player and is working on his speed. his friend gives him an herbal medicine that he swears will
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3 years ago
Cave Hardware's forecasted sales for April, May, June, and July are $150,000, $250,000, $100,000, and $290,000, respectively. Sa
dmitriy555 [2]

Answer:

$160,000

Explanation:

The computation of budgeted cash payments in June is shown below:-

For computing the budgeted cash payments in June first we need to find out the may credit sales and June cash sales.

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= $100,000

and

June cash sales = $100,000 × 60%

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Cash collection budgeted June = May credit Sales + June cash sales

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4 years ago
The vice president of logistics for a salty-snack A reading service for the visually impaired requires each reader applicant to
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Answer:

logistics integration with cost-effective technique.

Explanation:

Combining these two techniques the company might better attend the consumers and also save costs for the Company.

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3 years ago
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