Business, 02.03.2020 21:44 breannaasmith1122
The following statements regarding merchandise inventory are true except: Multiple Choice Merchandise inventory refers to products a company owns and intends to sell. Merchandise inventory appears on the balance sheet of a service company. Purchasing merchandise inventory is part of the operating cycle for a business. Merchandise inventory may include the costs of freight in and making them ready for sale. Merchandise inventory is reported on the balance sheet as a current asset.
Answers: 3
Business, 22.06.2019 17:50
What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories
Answers: 3
Business, 22.06.2019 20:00
On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
Answers: 1
Business, 22.06.2019 20:30
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.
Answers: 3
Business, 23.06.2019 02:50
Ll companies has sales of $9,800, net income of $1,060, total assets of $8,950, and total debt of $4,760. assets and costs are proportional to sales. debt and equity are not. a dividend of $371 was paid, and the company wishes to maintain a constant payout ratio. next year's sales are projected to be $10,584. what is the amount of the external financing need?
Answers: 3
The following statements regarding merchandise inventory are true except: Multiple Choice Merchandis...
Mathematics, 12.01.2022 16:10
Social Studies, 12.01.2022 16:10
SAT, 12.01.2022 16:20
Mathematics, 12.01.2022 16:20
Geography, 12.01.2022 16:20