Business, 24.10.2019 17:43 ahicks2004
Winters hardware store completed the following merchandising transactions in the month of may. at the beginning of may, winterss’ ledger showed cash of $8,000 and common stock of $8,000. may 1 purchased merchandise on account from black wholesale supply for $8,000, terms 1/10, n/30. 2 sold merchandise on account for $4,400, terms 2/10, n/30. the cost of the merchandise sold was $3,300. 5 received credit from black wholesale supply for merchandise returned $200. 9 received collections in full, less discounts, from customers billed on may 2. 10 paid black wholesale supply in full, less discount. 11 purchased supplies for cash $900. 12 purchased merchandise for cash $3,100. 15 received $230 refund for return of poor-quality merchandise from supplier on cash purchase. 17 purchased merchandise from wilhelm distributors for $2,500, terms 2/10, n/30. 19 paid freight on may 17 purchase $250. 24 sold merchandise for cash $5,500. the cost of the merchandise sold was $4,100. 25 purchased merchandise from clasps inc. for $800, terms 3/10, n/30. 27 paid wilhelm distributors in full, less discount. 29 made refunds to cash customers for returned merchandise $124. the returned merchandise had cost $90. 31 sold merchandise on account for $1,280, terms n/30. the cost of the merchandise sold was $830. journalize the transactions using a perpetual inventory system
Answers: 2
Business, 22.06.2019 04:00
Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?
Answers: 3
Business, 22.06.2019 10:10
Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):
Answers: 1
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 22.06.2019 19:30
At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation
Answers: 1
Winters hardware store completed the following merchandising transactions in the month of may. at th...
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