Goods available for sale periodic inventory system fob shipping point sales discount multi-step income statement:
a. a sales price reduction given to customers for prompt payment of their account balance.
b. inventory records are updated at the end of the accounting period. to determine how much merchandise has been sold, requires that inventory be physically counted at the end of the period.
c. a term of sale indicating that goods are owned by the buyer the moment they leave the seller's premises.
d. the sum of beginning inventory and purchases for the period.
e. presents important subtotals, such as gross profit, to distinguish core operating results from other, less significant items that affect net income.
Answers: 3
Another question on Business
Business, 22.06.2019 08:00
Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.
Answers: 1
Business, 22.06.2019 08:30
What has caroline's payment history been like? support your answer with two examples
Answers: 3
Business, 22.06.2019 20:20
Which statement is not true about a peptide bond? which statement is not true about a peptide bond? the peptide bond has partial double-bond character. the carbonyl oxygen and the amide hydrogen are most often in a trans configuration with respect to one another. rotation is restricted about the peptide bond. the peptide bond is longer than the typical carbon-nitrogen bond.
Answers: 2
Business, 22.06.2019 20:20
Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.
Answers: 3
You know the right answer?
Goods available for sale periodic inventory system fob shipping point sales discount multi-step inco...
Questions
Engineering, 24.04.2020 23:43
English, 24.04.2020 23:43
Chemistry, 24.04.2020 23:43
Mathematics, 24.04.2020 23:43
Business, 24.04.2020 23:43
Mathematics, 24.04.2020 23:43
Mathematics, 24.04.2020 23:43
History, 24.04.2020 23:43
Mathematics, 24.04.2020 23:43
