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Rus_ich [418]
3 years ago
6

Why is an accountant necessary for an Enterprise?​

Business
1 answer:
Elena-2011 [213]3 years ago
3 0

Answer:

helps you track income and expenditures

Explanation:

I hope it's help

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In its first month of operations, Culver Company made three purchases of merchandise in the following sequence: (1) 205 units at
Oksi-84 [34.3K]

Answer:

$2,450 ; $1,430

Explanation:

The computation of the ending inventory using the periodic inventory system is shown below:

Under FIFO method

= 245 units × $10

= $2,450

We take the last units in this FIFO method

Under the LIFO method

= 205 units × $6 + 40 units × $5

= $1,230 + $200

= $1,430

We take the first units in this LIFO method

Hence, the closing inventory is come

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3 years ago
Joseph wants to open up a skateboard shop with his cousin Billy. He would like for them to own and operate the shop equally. Wha
Olegator [25]

This would be a general partnership because both parties are responsible equally.

6 0
4 years ago
Read 2 more answers
the organizational buying process has more steps than the consumer buying process, which can be attributed to ______________. (p
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<span>The organizational buying process has more steps than the consumer buying process, which can be attributed to </span>the fact that organizational buying involves teams and takes several months to make decisions.
5 0
3 years ago
A firm always has a competitive disadvantage when its return on invested capital is
agasfer [191]
...............When its return on invested capital is BELOW THE INDUSTRY AVERAGE.
Competitive disadvantage refers to an unfavorable condition which caused a company to perform below expectation in the industry where it operates. The company may be at a disadvantage because of so many factors such as inadequate knowledge of know how, lack of skilled employees, etc.
8 0
4 years ago
At September 1, 2018, Swifty Co. reported stockholders’ equity of $156000. During the month, Swifty generated revenues of $37400
kenny6666 [7]

Answer:

$171,360

Explanation:

Given that,

At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000

Revenues = $37,400

Expenses = $20,000

Purchased equipment = $4,920

Paid dividends = $2,040

Net income:

= Revenues - Expenses

= $37,400 - $20,000

= $17,400

Stockholders’ equity at September 30, 2018:

= Beginning balance + Net income - Dividend paid

= $156,000 + $17,400 - $2,040

= $171,360

Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.

4 0
3 years ago
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