During 2021, its first year of operations, hollis industries recorded sales of $10,600,000 and experienced returns of $720,000. cost of goods sold totaled $6,360,000 (60% of sales). the company estimates that 8% of all sales will be returned. prepare the year-end adjusting journal entries to account for the anticipated sales returns under the assumption that all sales are made for cash (no accounts receivable are outstanding).
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Business, 21.06.2019 20:00, lilakatedancer
To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks
Answers: 1
Business, 22.06.2019 08:30, Naomi7021
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
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Business, 22.06.2019 19:40, jby
The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
Answers: 3
During 2021, its first year of operations, hollis industries recorded sales of $10,600,000 and exper...
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