Business, 05.05.2020 04:19, brandonkelly104

Match the appropriate term with its definition.
1. Deposits in transit
2. Income from operations.
3. Perpetual Inventory System
4. Merchandising Company
5. Sales Discount
6. Manufacturing Company
7. Shrinkageg.
8. Periodic Inventory System
A. When a company gives a discount for early payment on goods it sells.
B. A company that buys goods from suppliers and sells them to someone else.
C. When a company tracks goods in stock only by physically counting them by the end of the accounting period.
D. Net Sales revenue minus cost of goods sold and minus total operating expenses.
E. When a company lowers its selling price to reduce excess inventory.
F. A company that buys raw materials and makes goods to sell.
G. When a company tracks goods in stock by adjusting inventory every time a purchase or sale takes place.
H. Loss of inventory due to theft, error, or fraud.
I. Physical money or any financial instrument banks accept for deposit.
J. When a company receives a lower price on goods it buys in bulk.
K. When a company has made a deposit that the bank has not yet recorded.
L. Sales revenue minus cost of goods sold.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 06:40, lexhorton2002

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

Answers: 1

continue

Business, 22.06.2019 09:50, anonymous777739

Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000

Answers: 1

continue

Business, 22.06.2019 15:20, byler47

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Answers: 1

continue

Business, 22.06.2019 20:30, anilauferc

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase

Answers: 3

continue

Do you know the correct answer?

Match the appropriate term with its definition.
1. Deposits in transit
2. Income from o...