Chen's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $175,000 Purchases 90,000 Inventory (beginning) 23,000 Inventory (ending) 17,000 Purchase returns and allowances 3,000 Purchase discounts 7,000 Transportation-in 4,000 Sales discounts 8,000 Sales returns and allowances 5,000 Refer to the account information
for Chen's Department Store Calculate Chen's cost of goods purchased
a. $ 84,000
b. $ 90,000
c. $ 103,000
d. $ 117,000
a
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On October 1 . 2014, Southpark Inc issued, at 101 plus accrued interest, 800 of its 1 . percent, $1,000 bonds. The bonds are dated July 1 . 2014, and mature on July 1 . 2021 . Interest is payable semiannually on January 1 and July 1 . At the time of issuance, Southpark would receive cash of
a. $800,000. b. $808,000. c. $820,000. d. $828,000.
In an exponential smoothing forecast, the weight associated with older data increases exponentially over time
Indicate whether the statement is true or false
During performance appraisals, Bruce, the production designer at a television channel, always gives high performance ratings to the art director and assistant art directors, irrespective of the quality of their work. In the context of performance appraisals, which of the following does this scenario best illustrate?
A. Halo effect B. Cafeteria-style benefits C. Employee separation D. Positive leniency
The _____ states that people should adhere to their obligations and duties when analyzing ethical dilemmas.
A. virtue theory B. deontological theory of ethics C. utilitarian theory D. theory of moral relativism E. casuist ethical theory