Business, 14.11.2019 03:31 megandalolipop
Brad essary owned a small company that sold garden equipment. the equipment was expensive, and a perpetual system was maintained for control purposes. even so, lost, damaged, and stolen merchandise normally amounted to 5 percent of the inventory balance. on june 14, essary's warehouse was destroyed by fire. just prior to the fire, the accounting records contained a $136,000 balance in the inventory account. however, inventory costing $16,900 had been sold and delivered to customers but had not been recorded in the books at the time of the fire. the fire did not affect the showroom, which contained inventory that cost $35,000.
required:
estimate the amount of inventory destroyed by fire.
Answers: 3
Business, 22.06.2019 00:30, 4300404440
Which statement is true about the elements of the interface of a presentation program? a. the status bar appears at the top of the page and displays options to style your slides. b. the tool bar displays the thumbnails of your presentation slides in the order they will appear in the presentation. c. rulers indicate the margins, tabs, and indents in a presentation slide. d. the document area provides a list of commands to create, format, and edit presentations.
Answers: 3
Business, 22.06.2019 12:10, gingerham1
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
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