Business, 17.08.2021 16:30 Samonerob2002
Which of the following statements is correct regarding expenses. Multiple choice question. Expenses result from products or services provided to customers Expenses increase equity. Expenses are increased on the left side of their T-account because they decrease equity. Expenses are reported on the left side of the accounting equation.
Answers: 3
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Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be
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Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
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Business, 22.06.2019 11:20
Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?
Answers: 2
Which of the following statements is correct regarding expenses. Multiple choice question. Expenses...
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