Cost of goods sold was $159,400 for the period. The beginning and ending Inventory balances for the period were $18,700 and $13,700, respectively. The beginning and ending Accounts Payable balances for the period were $22,500 and $8,200, respectively. What was the amount of the cash paid to suppliers during the period

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.

How an absolute advantage might affect a country's imports and exports?