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almond37 [142]
2 years ago
15

At World Spice Market, Inc., the department manager uses a hand-held scanner to determine the quantity of each spice the store h

as on its shelves, how many jars of each spice was sold the past week and the past month, and exactly when the next shipment of these spices is expected to arrive. World Spice Market embraces the strategy of _____
Business
1 answer:
Norma-Jean [14]2 years ago
5 0

Answer:

using technology to respond to customer needs

Explanation:

World Spice Market Inc. chose technology over manual efforts for inventory management. This strategy of using scanner has helped the company stay updated about customer needs and be responsive to it. If a particular product is out of stock, the sales representative would be able to tell the exact date of its arrival with the help of the scanner. Digitization has saved time and efforts and increased customer satisfaction.

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Other data not yet recorded at December 31 include Insurance expired during the current year, $6. Wages payable, $4. Depreciatio
galina1969 [7]

Answer:

Using the adjusted balances, give the closing entry for the current year.

Explanation:

1  

Db Insurance expense  6000  

Cr Prepaid expenses           6000

 

2  

Db Wages payable 4000  

Cr Cash                                4000

 

3  

Db Depreciation expense 9000  

Cr Accumulate depreciation     9000

 

4  

Db Income tax expense 7000  

Cr Tax payable                      7000

3 0
2 years ago
Read 2 more answers
Bramble Corp. took a physical inventory on December 31 and determined that goods costing $210,500 were on hand. Not included in
Fofino [41]

hshjs

Explanation:

nsnnsjsjsokdksnjsn

3 0
2 years ago
On December 31, 2017, Dow Steel Corporation had 770,000 shares of common stock and 47,000 shares of 9%, noncumulative, nonconver
Oksana_A [137]

Answer:

EPS = 3.37

Explanation:

<u>First step we will calculate the income after paying the preferred dividends</u>

net income 2,950,000

86,000 preferred stock dividends

earnings for common stock: 2,864,000

<u>Then we calcualte the average shares outstanding</u>

Feb 28th 68,000 sold shares

May 15th 770,000 x 5% = 38,500 new shares

July 1st 4,000 shares retired

weighted average shares:

770,000 +68,000 x 10/12 + 38,500 x 7.5/12 - 4,000 x 6/12  = 848729.1667

average shares 848,729

<em>Earning per share</em>

(net income - preferred stock) / weighted average shares outstanding

2,864,000 / 848,729 = 3,.744 = 3.37

5 0
2 years ago
The City of Clear Lake signed a lease agreement with Mountainside Builders whereby Mountainside will construct a new office buil
AnnyKZ [126]

Try making discount to 5% they will have to pay just a little more for what they are buying. Try moving the payment to 822,000 so you can save the 441 dollars.

4 0
2 years ago
Your landlord has held one month's rent of $875 as a security deposit from which any damage repair will be deducted. You have le
Norma-Jean [14]

<u>Answer:</u> $455

<u>Explanation:</u>

Security deposit with the landlord  =$875

Calculation of painting cost

Given

Painting charges= $5.25

Size = 8ft x 10ft = 80 Sq.ft

Total painting charges= 80 Sq.ft x $5.25

=$420

Calculation of security deposit to be returned

= Total security deposit - painting charges

=875-420

=$455

So from the above calculations it is clear that $455 would be returned to me by the landlord.

8 0
2 years ago
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