Business, 10.08.2021 01:00 comeonmanim
Stan’s Market used the perpetual method to record the following events involving a recent purchase of inventory: Received goods for $119000, terms 2/15, n/30. Returned $2000 of the shipment for credit. Paid $400 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company’s inventory:
a) increased by $114660.
b) increased by $117400.
c) increased by $115052.
d) increased by $115060.
Answers: 3
Business, 22.06.2019 02:30, kseniyayakimno
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
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