Which of the following is one of the reasons for using smarter and more efficient packaging methods?
a. to increase the amount of packaging material they use
b. to increase the space required on pallets and in containers
c. to increase the carbon footprint
d. to be more socially responsible
d. to be more socially responsible
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In Singapore, gum is available at pharmacies; before buying a pack, however, consumers must register their names and addresses
Indicate whether the statement is true or false
Competition in the labour market for people with various skills is a product market factor that shapes external competitiveness.
Answer the following statement true (T) or false (F)
On September 12, Ryan Company sold merchandise in the amount of $9800 to Johnson Company, with credit terms of 3/10, n/30. The cost of the items sold is $6000. Ryan uses the periodic inventory system and the net method of accounting for sales. Johnson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Ryan makes on September 18 is:
A.
Cash | 6000? | |
Accounts receivable | 6000? |
B.
Cash | 9506? | |
Accounts receivable | 9506? |
C.
Cash | 9800? | |
Accounts receivable | 9800? |
D.
Cash | 9506? | |
Sales discounts | 294? | |
Accounts receivable | 9800? |
E.
Cash | 5820? | |
Sales discounts | 180? | |
Accounts receivable | 6000? |
For a conventional mortgage, a lender typically requires a down payment of 10 to 20% of the home's selling price
Indicate whether the statement is true or false.