Determine x ? for the following data on sales in British pounds: 369, 599, 381, 701, 694
a. 2744
b. 599
c. 163.75
d. 548.8
d. 548.8
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Oxford Manufacturing Company completed jobs that cost $48,000 to produce. In the same period, the company sold jobs for $102,000 that cost $53,000 to produce.
Prepare the journal entries for the completion and sales of the jobs. All sales are on account. Omit explanation. Assume the perpetual inventory system is used.
What is the least restrictive isolation level that will prevent nonrepeatable reads?
A) Read Committed B) Serializable C) Read Uncommitted D) Atomic Read E) Repeatable Read
The SEC has usually restricted its role in establishing accounting principles to
A. The promulgation and issuance of SASs (Securities Accounting Standards). B. Developing definitions of key accounting terms. C. Determining required disclosures. D. Developing accounting standards for particular industries. E. Specifying the information that should be included in interim financial statements.
A firm has an average age of inventory of 101 days, an average collection period of 49 days, and an average payment period of 60 days. The firm's cash conversion cycle is ________ days.
A) 150 B) 90 C) 109 D) 11