subject
Business, 26.09.2019 20:30 azireyathurmond1

Foote company recorded a purchase discount of $200 on merchandise the company had purchased a few days ago. foote uses the perpetual inventory system. which of the following answers reflects the effects of this event on the financial statements? assets = liab. + equity rev. - exp. = net inc. cash flow
a. na (200) 200 200 na na 200 oa.
b. na (200) 200 200 na 200 na.
c. (200) (200) na na na na (200) oa.
d. (200) (200) na na na na na.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:20
The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.
Answers: 3
question
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
question
Business, 22.06.2019 22:10
Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.
Answers: 3
question
Business, 23.06.2019 01:50
Mart's boutique has sales of $820,000 and costs of $540,000. interest expense is $36,000 and depreciation is $59,000. the tax rate is 21 percent. what is the net income? $146,150 221,200 105,000 139,050
Answers: 3
You know the right answer?
Foote company recorded a purchase discount of $200 on merchandise the company had purchased a few da...
Questions
Questions on the website: 13722361