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2 years ago

14

Computerized accounting systems a. Improve the timeliness of reporting b. Prevent all journalizing errors c. Are only used in me

dium and large businesses d. Provide a tedious form of record keeping

1 answer:

romanna [79]2 years ago

8 0

Answer:

I believe its C

Explanation:

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Bob's Clothing Shop's inventory at cost was $30,000 on January 1. Its retail value is $42,000. During the year, Bob's Clothing S

DENIUS [597]

Answer:

Ending Inventory = $55,000

Explanation:

<u>Particular Cost price Retail price </u>

Opening Inventory $30,000 $42,000

<u>Add: Additional Purchases $196,000 $368,000 </u>

<u>Cost of Goods Available for Sale $226,000 $410,000 </u>

Cost to Retail Ratio: 55 %

Less: Net Sales $310,000

Ending Inventory $55,000 $100,000

Note:

Cost to Retail Ratio = $226,000 / $410,000

Cost to Retail Ratio = 55% (Approx)

6 0

3 years ago

An investor purchases a TIPS bond with a 3% coupon. During the first year, if the inflation rate is 8%, the principal value of t

maksim [4K]

Answer:

assuming that the cost of the bond was originally $1,000, its principal will be adjusted to $1,000 x (1 + 8%) = $1,080 at the end of the year.

Explanation:

TIPS stand for Treasury Inflation-Protected Securities, which means that the principal value of the security will be adjusted to inflation. The coupon rate is not adjusted, but since the principal is, if inflation rises, you will receive a higher coupon rate and the maturity value of the security will also increase.

8 0

3 years ago

Suppose the price of movie tickets decreases by 4%, causing the quantity demanded of popcorn to increase by 10%. What would the

9966 [12]

The cross-price elasticity for movie tickets and popcorn is 2.5.

Cross price elasticity measures how quantity demanded of good A changes as a result of a change in the price of good B.

Cross price elasticity -= percentage change in the quantity demanded of good A / percentage change in the price of good B

Cross price elasticity = percentage change in the quantity demanded of popcorn / percentage change in the price of movie tickets

10% / 4% = 2.5

To learn more about cross price elasticity, please check: brainly.com/question/13538185

8 0

3 years ago

Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and mate

liq [111]

Answer:

$950,000

Explanation:

<u>Particular Amount Amount</u>

Finish Goods $39,000

W.I.P Goods $34,000

Add: material $27,000

material purchase $555,000

Direct labor $248,000

<u>Factory Overhead $143,000</u>

$1,007,000

Less: material $20,000

W.I.P Goods at end $33,000

<u>Finish Goods $43,000 </u>

<u> $911,000</u>

<u>Total cost of goods sold $950,000</u>

6 0

3 years ago

If you were to try to associate Project Management with the traditional functions of Supply Chain Management, A. Project Managem

MakcuM [25]

Answer:

B. Project Management encompasses all the functions of Supply Chain: Plan-Buy-Make-Deliver

Explanation:

A project can involve any aspect of logistics, e.g. building a new distribution facility, or installing an automated warehouse, etc. The main difference between project management and supply chain management is the lifespan of the work carried out. A project has a definite lifespan, e.g. a new facility must be built and it should start operating within 2 years. While operations management requires continuous day to day work, e.g. after the new facility is operating, the supply chain manager will be in charge of supply chain operations. It is normal that a supply chain manager is part of the team that handles new projects, but his/her work continues after the project is over.

4 0

3 years ago