On march 12, klein company sold merchandise in the amount of $7,800 to babson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,500. klein uses the perpetual inventory system and the gross method of accounting for sales. on march 15, babson returns some of the merchandise, which is not defective. the selling price of the returned merchandise is $600 and the cost of the merchandise returned is $350. the entry or entries that klein must make on march 15 is: a. sales 7,800 accounts receivable 7,800b. sales 7,800 accounts receivable 7,800 cost of goods sold 4,500 merchandise inventory 4,500c. accounts receivable 7,800 sales 7,800d. accounts receivable 7,800 sales 7,800 cost of goods sold 4,500 merchandise inventory 4,500e. accounts receivable 4,500 sales 4,500

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness

What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)