When nintendo reentered the video game market with the wii, it priced the product lower than the newest sony playstation system in order to capture a large share of the market quickly. this strategy is called a(n)?

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?