The following selected transactions were completed by betz company during july of the current year. betz company uses the net method under a perpetual inventory system. july 1 purchased merchandise from sabol imports co., $20,500, terms fob destination, n/30. 3 purchased merchandise from saxon co., $12,000, terms fob shipping point, 2/10, n/eom. prepaid freight of $75 was added to the invoice. 5 purchased merchandise from schnee co., $8,000, terms fob destination, 2/10, n/30. journalize the entries to record the transactions of betz company for july. refer to the chart of accounts for exact wording of account titles.

Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?

What is the relationship between credit and debt?

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1