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Juliette [100K]
2 years ago
9

The inventory system whereby the merchandise inventory account balance is merely a record of the most recent physical inventory

count is called the:
Business
1 answer:
Phantasy [73]2 years ago
5 0
The inventory system whereby the merchandise inventory account balance is merely a record of the most recent physical inventory count is called the periodic system. The periodic inventory system is a<span> method of accounting for merchandise inventory in which the cost of the inventory sold is determined only at the end of an accounting period.</span>
<span>The updates in this system are made on a </span>periodic<span> basis. </span>
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Suppose the government is considering penalizing airlines $27,500 per passenger each time passengers are made to remain on the p
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Answer:

True

Explanation:

The threat of imposing fines on the airlines could increase delays by forcing airlines to disembark people from the plane and then reboard them more than necessary.

Airlines are allowed to stay on the tarmac not more than three hours before departure. Most of these airlines would usually deplane their passengers when there are delays maybe due to repair while on the tarmac. This is to avoid federal fines for tarmac delays exceeding three hours.

However, where government is considering imposing outrageous fines on airlines with regards to the above scenario, such move would lead to increase in flight cancellation and or rescheduling of passengers for later flights.

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2 years ago
You are working as a medical administrative assistant at Saint Catherine Children’s Hospital. Janet, your supervisor, asks you t
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Sarah transferred $450.00 from her savings account to her checking account. She’ll use the check register to record her transact
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Answer: This is with the assumption that her checking account and savings account are separate from each other. If she would transfer 450 from her savings account to her checking account, the new balance of her savings account would be the amount less 450 and the new balance of the checking account would be the balance plus 450.

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2 years ago
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to derive a competitive advantage, firms can properly configure hr practices to drive ________ which leads to ________.
Mariulka [41]

When firms configure it HR practices to drive <u>employees</u><u> </u>which leads to improved <u>Firm performance</u>, then the firm will derive competitive advantage.

In a firm, the Human personnel is saddled with the responsibility of effectively managing and motivating the employee for purpose of achieving productivity.

Competitive advantage of a firm entails an attribute which enables a company to outperform its competitors such as Increasing customer-base over other firms.

Therefore, when the firm HR drives the employees, productivity will be achieved which will then create an advantage of competition over other firms.

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8 0
1 year ago
Harrods PLC has a market value of £139 million and 5 million shares outstanding. Selfridge Department Store has a market value o
Eva8 [605]

Answer:

(a) The stock price of Harrods be after the acquisition is £ 31.45

(b) The exchange ratio between the two stocks would be 0.8550

Explanation:

Harrods PLC has a market value of £139 million and 5 million shares outstanding.

Selfridge Department Store has a market value of £41 million and 2 million shares outstanding.

a)  If Harrods offers 1.2 million shares of its stock in exchange for the 2 million shares of Selfridge

Shares outstanding = 5 + 1.2 = 6.2 million

Stock price = £ 195 million ÷ 6.2 million = £ 31.45

b)  alpha × 195 = 51

alpha = £51  million ÷ £195 million

= 26.15%

(195 ÷ ( 5 +X ) ) × X = 51

51 (5+X) = 195X

255 + 51X = 195X

144X = 255

X = 1.77 million shares

Exchange ratio would be: 1.77 ÷ 2

= 0.8550

4 0
2 years ago
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