Court Corporation purchased supplies at a cost of $24,000 during 2012. At January 1, 2012, supplies on hand were $2,000. At December 31, 2012, supplies on hand are $2,100. Calculate supplies expense for 2012
A) $24,000
B) $23,900
C) $24,100
D) $28,100
B
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Norah is interested in developing her payables policy. She wants to make a policy for which of the following?
a. the process and timing in which obligations to pay for goods and services received by the business will be paid b. the price and timing of raw materials, and other goods and services necessary to build, sell, and support products c. how pricing will be determined for her products and services d. the process and timing in which obligations to pay for products and services sold will be billed and collected
A drive-through system at a fast food restaurant where the first facility takes the order, the second takes the money, and the third provides the food is an example of a:
A) single-channel, single-phase arrangement. B) single-channel, multiple-phase arrangement. C) multiple-channel, single-phase arrangement. D) multiple-channel, multiple-phase arrangement.
Other variable costs per unit subtracted from Total COGS per unit equals ________.
A. cost of goods sold per unit B. contribution margin per unit C. total other variable costs per unit D. operating margin per unit
What does a Barclays Capital Liquidity CostScore of 1.2 mean?
What will be an ideal response?