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2 years ago

Which account is not classified as a selling expense? sales salaries delivery expense cost of goods sold advertising expense?

2 answers:

8 0

The three out of four in the choices is classified as a selling expense such as sales salaries, delivery expense, and advertising expense. This three are under the account of selling expense while the Cost of good sold or for short COGS is also classified as an expense but the cogs we sold needs to be matched with the pertinent sales on the income statement.

alina1380 [7]2 years ago

7 0

The account that is not classified as a selling expense is Cost of Goods Sold (COGS) . Cost of Goods Sold includes the cost of the materials used to create the good and the direct labor costs used to produce the good. These costs are an expense of the business or a company and reduce the profit.

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How should Sophia advise her senator? Why?

Otrada [13]

Answer:

Explanation:

A Promotion

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1 year ago

Trackanddeliver.com is an online retail store that does not require a fixed delivery location and delivers goods to the current

My name is Ann [436]

Answer:

E. functional innovation

Explanation:

Functional innovation -

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2 years ago

Purchases Journal The following purchase transactions occurred during March for Rehoboth, Inc.:

gtnhenbr [62]

Answer:

See the explanation section.

Explanation:

Mar. 4 Cleaning supplies debit = $77

Accounts payable - Health-Rite Supplies credit = $77

To record the purchase of supplies.

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Accounts payable - office Warehouse Credit = $3,750

To record the purchase of office equipment on account.

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To record the purchase of supplies.

3 0

2 years ago

Effective SCM requires reducing cost, increasing inventory velocity and compressing cycle time. What of the following is true? 1

-Dominant- [34]

Answer:

The answer is: 4) More frequently than not, the three objectives are compatible.

Explanation:

Toyota is famous for its Just in Time (JIT) management. They are the absolute kings of efficient supply chain management and they were able to do it by making the three objectives compatible. That doesn't mean that they all have to be dealt with at the same time and with the same intensity.

Toyota's first goal was to reduce costs and in order to reduce costs they had to increase their inventory turnover. Then they discovered that in order to keep increasing inventory turnover, they had to compress their cycle time. When they were able to compress their cycle time, their turnover increased even more and their costs were lowered. The system produces continuous feedback and their efficiency keeps increasing.

I once visited one of their factories that produces almost 500 pickup trucks per day and every single work station had available inventory for only 4 trucks; only 4 engines, 16 doors, etc. It is amazing how they do it considering that every 3 minutes one truck is fully produced.

The three objectives are not only compatible, but they are absolutely necessary for the SCM to be effective.

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2 years ago

If a company's cost of capital increases unexpectedly, which of the following actions will help it maintain or increase its stoc

Kitty [74]

Answer:

III) Increase its gross margin

Explanation:

If the company increases its gross margin, it will have a direct impact on the company's net profit. The higher a company's net profit, the higher its value = higher stock price.

The only option that increases the value of the company is to increase its net profit, since:

an increase in inventory will result in a lower stock price
a decrease in the asset turnover ratio will result in a lower stock price
the issuing of stock dividends will only increase the price of stock in the short run, later the price will adjust down since the company's book value will lower

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2 years ago