Which of the following is considered a period cost?
A. Advertising expense for the current month
B. Cost of merchandise purchased
C. Transportation cost on goods received from suppliers
D. None of these answer choices are considered a period cost
Answer: A
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Moral ______ respond to moral crises.
Fill in the blank(s) with the appropriate word(s).
Rowan, Inc.'s, income statement is shown below. Based on this income statement and the other information provided, calculate the net cash provided by operations using the indirect method.Rowan, Inc.Income StatementFor Year Ended December 31Sales? $248,000Cost of goods sold? 116,000Gross profit? $132,000Operating expenses?? Wages and salaries expense $ 44,000? Rent expense 16,000? Depreciation expense 30,000? Other operating expenses 18,000 108,000Income from operations? $ 24,000Gain on sale of equipment? 26,000Income before income taxes? $ 50,000Income taxes expense? 17,500Net income? $ 32,500?Additional information:Increase in accounts receivable$ 4,000Increase in accounts
payable 16,000Increase in income taxes payable 300Decrease in prepaid expenses 10,000Decrease in merchandise inventory 14,000 What will be an ideal response?
Almost 40 percent of ________ could be achieved at negative marginal costs, meaning that investing in these options would generate positive economic returns over their life cycle
A) greenhouse gas abatement B) fuel consumption initiatives C) increased customer base D) improved company reputation
Abroad Standard, Inc. (ASI)Abroad Standard, Inc. (ASI), sells its products through the Internet. Erica is one of the biggest buyers of the company's products for her business. Nearly all of the interactions between Erica's company and ASI have been electronic, saving both time and energy. Although transaction costs are reasonable, ASI has encountered financial problems with high production costs. Ronald, a veteran employee of ASI, suggested to senior management that certain aspects of production may need to be handled by other, more efficient companies. Ronald also suggested that the company might want to create a physical store to possibly increase its visibility and potential profits. He explained many disadvantages of operating solely through the Internet. Refer to Abroad Standard,
Inc. Erica's interaction with ASI is an example of A. B2B. B. B2C. C. business-to-supplier. D. business-to-customer. E. business-to-client.