Business, 09.11.2019 00:31 blink182lovgabbie
The following information appears in petty company’s records for the year ended december 31: inventory, january 1 $ 325,000 purchases 1,150,000 purchase returns 40,000 freight in 30,000 sales 1,700,000 sales discounts 10,000 sales returns 15,000 on december 31, a physical inventory revealed that the ending inventory was only $210,000. petty’s gross profit on net sales has remained constant at 30 percent in recent years. petty suspects that some inventory may have been stolen by one of the company’s employees. at december 31, what is the estimated cost of the missing inventory?
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Business, 21.06.2019 20:30
If delta airlines were to significantly change its fare structure and flight schedule to enhance its competitive position in response to aggressive price cutting by southwest airlines, this would be an example ofanswers: explicit collusion.tacit collusion.competitive dynamics.a harvest strategy.
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Business, 21.06.2019 21:40
Prior to its closing, income summary had total debits of $1,190,500 and total credits of $1,476,300. what purpose is served by the income summary account and what is the nature of the entries that resulted in the $1,190,500 and the $1,476,300? the income summary account is used to the accounts. the $1,190,500 represents the , and the $1,476,300 represents . the company had of $ .
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Business, 22.06.2019 06:30
The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.
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Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
The following information appears in petty company’s records for the year ended december 31: invent...
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