Given the following items and costs as of the balance sheet date, determine the value of faltron company's merchandise inventory. $1,000 of goods sold by faltron to another company are in transit and shipping terms are fob destination. $2,000 of goods sold by another company to faltron are in transit and shipping terms are fob destination. $3,000 of goods owned by faltron are in the possession of a consignee. damaged goods owned by faltron that originally cost $4,000 now have a $500 net realizable value.
Answers: 2
Business, 22.06.2019 11:40, derrion67
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
Answers: 1
Business, 22.06.2019 19:50, hdkdkdbx
Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
Answers: 1
Business, 23.06.2019 02:40, Kenzijo33
If a country is looking to increase economic growth quickly, it should: choose the correct answer from the following choices, and then select the submit answer button. answer choices focus on natural resources and develop physical capital. make investments from domestic savings and adopt new technology. increase spending on human capital and start a new political approach. develop new technologies funded by the public sector.
Answers: 1
Given the following items and costs as of the balance sheet date, determine the value of faltron com...
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