Last year the Monroe Logistics Company reported 4,000 damaged deliveries, 1,000 deliveries to the wrong address, 500 late deliveries, and 200 deliveries billed incorrectly
Assuming no delivery had more than one error, how many deliveries were properly handled if their percent perfect order is 87%?
A) 38,145
B) 40,622
C) 43,845
D) 47,561
Answer: A
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Centennial Company sold 600 units of inventory at $20 per unit on account. The company uses the perpetual inventory system and the last-in, first-out (LIFO) inventory costing system. The beginning inventory included 200 units at $9 per unit. The most recent purchases include 700 units at $12 per unit. The sale occurred after the last purchase.
a. Prepare the journal entries to record the sale. Omit explanations. b. Compute the cost of the ending inventory. Label your work.
Mediation is a process by which the parties to a dispute come together informally, either with or without their lawyers, and attempt to resolve their dispute. No independent or neutral third party is involved
Indicate whether the statement is true or false
The courts have considerably scaled back the Clean Water Act's protection of wetlands
a. True b. False Indicate whether the statement is true or false
Generally, a minor is liable under contract law for purchases of necessaries (e.g., food, clothing, shelter, and medical care). However,
a. the necessary that is bought must truly be needed and must not be something that is provided by, or is readily available from, the parent or guardian. b. the price charged must be reduced to the seller's out-of-pocket costs, plus no more than 10% of gross profit on the item. c. the goods must be guaranteed to last at least until the minor becomes an adult. d. none of the above