Last month, price company purchased supplies on account, $5,000. today, price company pays the amount that is owed.

required: what is the effect of this transaction on individual asset accounts, individual liability accounts, the capital stock account, and the retained earnings account?

check all that apply.

an asset account increases. an asset account decreases.

a liability account increases. a liability account decreases.

capital stock increases. capital stock decreases.

retained earnings increase. retained earnings decrease.

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?

Personal financial planning is the process of creating and achieving financial goals? true or false

Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?