The cost of goods sold for a company for the year was $1,900,000 . Merchandise inventory at the beginning of the year was $125,000 and merchandise inventory at the end of the year was $133,000 . The merchandise inventory turnover for the year was

a. 0.1.
b. 14.7.
c. 33.8.
d. 65.5.


b

Business

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Dhawan, Inc. has four processing departments and uses a process costing system. It incurred $150,000 in machinery depreciation and $60,000 in indirect costs that were paid in cash.

Provide the journal entries to record these transactions.

Business

Suppose that you wanted to calculate a financial ratio to measure your liquidity. You would most likely use the ________ ratio

A) debt B) long-term debt coverage C) savings D) current E) none of the above

Business

AmtrakAmtrak is taking the gloves off in advertisements and belittling its major competition, which is the airline shuttles. Amtrak's new name for its Metroliner is The Smart Shuttle. Gone are ads that were inner-directed and sold the Metroliner on its leisurely pace. In their place are ads showing rapid shots of the sleek train and business executives conducting no-nonsense meetings "eyeball-to-eyeball." The campaign, which includes television, radio, print, billboards, and posters in commuter railroad cars, targets business travelers, who, Amtrak says, incorrectly believe the train takes far longer than the airplane to travel between two cities. One television spot opens with a shot of airplanes stacked up in a tarmac traffic jam. Another shows a business traveler lumbering into the

airport during a snowstorm. The announcer says, "Schedule a meeting. Take the shuttle. Then cross your fingers." The poor soul looks up at the departure board and sees a row of "Canceled" signs. The announcer continues, "Schedule a meeting. Take the Metroliner. Then cross your legs."Refer to Amtrak. Amtrak's campaign is designed to communicate to a large audience via television, radio, and print. This is an example of _____ communication. A. mass B. clutter C. interpersonal D. intrapersonal E. public

Business

The systematic process of collecting information that identifies the similarities and differences among jobs is known as

A. exchange value analysis. B. job performance. C. job analysis. D. use value evaluation.

Business