7. when using the perpetual inventory method, (a) physical inventories are never taken. (b) day-to-day information about the quantity of merchandise on hand is not available. (c) it is not necessary to show the minimum balance on stock records. (d) a physical inventory should be taken at the end of the fiscal year.

Suppose matt and bree go out to get pizza. they order breadsticks and a large pepperoni pizza. after eating the breadsticks, and one piece of pizza bree decides to have an additional piece, but she does not eat a third piece. if bree is a rational individual why did she not eat the third piece of pizza? the marginal cost of the

Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.

If you miss two payments on a credit card what is generally the penalty