Business, 23.11.2019 05:31, blackordermember
Dana believes that a new phone to be sold by ear fruit inc. will become the most popular phone in the global market. dana enters into a contract to buy 500 shares of ear fruit stock, anticipating an increase in its value. the phone does not become popular, and the price of the stock does not rise. dana can recover.
a. the amount of the purchase price plus the unexpected decrease.
b. the amount of the purchase price plus the expected increase.
c. nothing.
Answers: 1
Business, 22.06.2019 14:00, Kate1678
Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?
Answers: 1
Business, 22.06.2019 17:10, mikailah0988
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
Business, 22.06.2019 17:50, hinokayleen5053
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
Dana believes that a new phone to be sold by ear fruit inc. will become the most popular phone in th...
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