Answers

JB

Answered

Mast General Store has total receipts for the month of $45990 including sales taxes. If the sales tax rate is 5% what are Mast's sales for the month?

A) $43691
B) $43800
C) $48290
D) It cannot be determined.

On Jul 20, 2024


B
JB

Answered

On the statement of income for a company using the periodic inventory system, the inventory at the beginning of the period is added to the cost of merchandise purchased for the period to calculate the cost of goods available for sale during the period.

On Jul 17, 2024


True
JB

Answered

Time-series analysis helps identify financial trends

A) across companies at a single point in time.
B) across business units at a single point in time.
C) over time for a single company or business unit.
D) among the companies that comprise an industry group.

On Jun 20, 2024


C
JB

Answered

The purpose of the Corn Laws was to

A) encourage imports and discourage exports, and thus keep the price of food low.
B) encourage both exports and imports in order to integrate the British economy with the rest of Europe.
C) discourage both imports and exports in order to promote economic self-sufficiency in Britain.
D) discourage imports and encourage exports, and thus keep the price of food high.

On Jun 17, 2024


D
JB

Answered

According to a Gallup poll: even if they won a $10 million lottery jackpot, 55 percent of working Americans would continue to work supporting the theory that money is not always the best motivator.

On May 21, 2024


True
JB

Answered

The supply-chain systems that result from using ERP in the grocery industry are called efficient consumer response (ECR) systems.

On May 18, 2024


True