Inventory costing methods-perpetual method chen sales corporation uses the perpetual inventory system. on january 1, 2015, chen had 1,000 units of product a with a unit cost of $20 per unit. a summary of purchases and sales during 2015 follows:

Garnishment is when finance charges are added to your credit card account when the bill is unpaid. a. True b. False

Knight Corp. holds 20,000 shares of its $10 par value common stock as treasury stock reacquired in year 1 for $240,000. On December 12, year 3, Knight reissued all 20,000 shares for $380,000.

Zhu owns a commercial cleaning business that employs over 30 workers. He will not hire a black applicant for a supervisory position because he believes his predominately Asian crew will not work for a black supervisor. Zhu has:

According to a study conducted by the toronto-based social media analytics firm sysomos, of all tweets get no reaction. that is, these are tweets that are not replied to or retweeted (sysomos website, january). suppose we randomly select tweets. a.

Because of the sales tax in a particular region, a customer in a supermarket must pay $1.46 for a package of candy marked $1.35. What is the effective tax rate on this purchase, expressed as a percentage?

Financial literacy is the knowledge about money and what you do with money. true false

What is the minimum hot-holding temperature requirement for baked potatoes? O a. 135°F (57°C) O b. 145°F (63°C) O c. 155°F (68°C) O d. 165°F (74°C)

A contractor figured a job at $62,577.85. If he has already spent $21,455.19 for materials and $18,913.57 on labor, how much money is left in the budget for this job?

Which of the following statements is true of conversion costs? A. The conversion cost needed for a completed unit and the conversion cost in a partially completed unit can be measured accurately. B.

Assume that Blossom Company received the balance due from Ayayai Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2.