![subject](/tpl/images/cats/ekonomika.png)
Mr. Etemadi has prepared the following list of statements about service companies and merchandisers. Identify each statement as true or false. If false, indicate how to correct the statement?1. Measuring net income for a merchandiser is conceptually the same as for a service company. A. True B. False2. For a merchandiser, sales less operating expenses is called gross profit. A. True B. False3. For a merchandiser, the primary source of revenues is the sale of inventory. A. True B. False4. Sales salaries and wages is an example of an operating expense. A. True B. False 5. The operating cycle of a merchandiser is the same as that of a service companies. A. True B. False6. In a perpetual inventory system, no detailed inventory records of goods on hand are maintained. the accounting period. A. True B. False7. In a periodic inventory system, the cost of goods sold is determined only at the end of the accountng perod. A. True B. False8. A periodic inventory system provides better control over inventories than a perpetual Instructions. A. True B. False
![ansver](/tpl/images/cats/User.png)
Answers: 3
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 00:00
Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 08:30
Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
You know the right answer?
Mr. Etemadi has prepared the following list of statements about service companies and merchandisers....
Questions
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50
![question](/tpl/images/cats/biologiya.png)
Biology, 09.12.2020 02:50
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mkx.png)
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 09.12.2020 02:50
![question](/tpl/images/cats/User.png)
Engineering, 09.12.2020 02:50
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 09.12.2020 02:50