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Nadusha1986 [10]
2 years ago
13

Cost of goods sold is determined only at the end of the accounting period in.

Business
1 answer:
sladkih [1.3K]2 years ago
7 0
<h3>Answer:</h3>

Under the periodic inventory system.

What is periodic inventory system?

Under the periodic inventory system, the cost of goods sold determined at the end of an accounting period by adding the net cost of goods purchased to the beginning inventory and subtracting the ending inventory.

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Drawing district boundaries to deliberately benefit a candidate or party is an example of:______.
Hunter-Best [27]

Drawing district boundaries to deliberately benefit a candidate or party is an example of Gerrymandering.

Gerrymandering is the practice of drawing electoral district boundaries in a way that gives one political party an unfair advantage over its rivals (political or partisan gerrymandering) or dilutes the voting power of members of ethnic or linguistic minority groups in the United States (racial gerrymandering). A fundamental objection to gerrymandering in general is that it tends to violate two tenets of electoral apportionment: compactness and equality of constituency size.

Gerrymandering can be used to protect incumbents as well. According to Wayne Dawkins, politicians choose their voters rather than voters choosing their politicians. Gerrymandering has a negative connotation, and it is almost always regarded as a corruption of the democratic process.

Learn more about gerrymandering here:

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7 0
1 year ago
which number is potentially the largest? a. the number of shares certified. b. the number of shares authorized. c. the number of
Ghella [55]

The number of authorized actions may be the most important. Authorized share capital is the maximum capital a company can issue.

Permitted shares are defined as the maximum number of shares that a company is legally permitted to issue to investors at the company's own discretion. The maximum number is established in the company's legal incorporation documents, known as the articles of association.

If a company wishes to increase its authorized share capital, it must amend its charter, which usually requires a vote of the shareholders. This shareholder approval is important because a company that issues more shares will eventually dilute the ownership of existing investors.

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6 0
9 months ago
Why is it important to perform multiple trials in an experiment -- meaning that you include many test individuals or samples?
Ierofanga [76]

Answer: To make it more likely that the results are not due to a few unusual individuals or circumstances

Explanation: Particular reasons are as follow:

  • To check as much data as possible for better results.
  • To ensure that the data works same for an individual ,organisation.
  • To find all possible error related to data and experiment.
  • This is a necessary task for greater satisfaction by doing all kinds of experiment.
  • For finding all types of Variables and Variation  .

8 0
3 years ago
Intangible assets that have an indefinite useful life:
saw5 [17]

Answer:

d. All of these answer choices are correct.

Explanation:

Intangible assets with an indefinite life are not amortized over the years although they are checked impairment loss that may have occurred during the year.

Intangible assets which have indefinite life provide cash flow for endless years. An example would be goodwill.

8 0
3 years ago
American Gas Products manufactures a device called a Can-Emitor that empties the contents of old aerosol cans in 2 to 3 seconds.
kakasveta [241]

Answer:

$157,986.11

Explanation:

Given that

Amount = $75,000

Number of years = 3

Interest rate = 20%

The computation of the present value is shown below:-

Here we will use the P/A factor which is here

Present value = Amount × (1 + Interest rate)^number of years - 1 ÷ (Interest rate × (1 + Interest rate)^Number of years

= $75,000 × ((1 + 20%)^3 - 1) ÷ (0.20 × (1 + 0.20)^3)

= $75,000 × (0.728  ÷ 0.3456)

= $75,000 × 2.106481481

= $157,986.1111

or

= $157,986.11

Therefore for computing the present value we simply applied the above formula.

5 0
3 years ago
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