![juansantos3328](/avatars/28865.jpg)
juansantos3328
05.05.2020 •
Business
Lacazette Company began 2021 with a credit balance of $87,000 in the refund liability account. Sales and cash collections from customers during the year were $750,000 and $610,000, respectively. Lacazette estimates that 8% of all sales will be returned. The balance in the refund liability account at the end of 2021 was $76,500. What is the amount of merchandise returned during 2021? Multiple Choice $59,300 $81,700 $70,500
Solved
Show answers
More tips
- S Style and Beauty 5 Tips for Choosing the Best Ugg Boots...
- H Health and Medicine How to Treat the Flu: A Comprehensive Guide...
- H Health and Medicine Effective Ways to Treat Colic in Infants...
- C Computers and Internet IMHO: What is it, why is it important, and how to use it?...
- F Food and Cooking How to Calculate the Gender of Your Child with Blood?...
- S Style and Beauty How to Get Rid of Under Eye Bruises?...
- C Cities and Countries What time does the Metro open in Moscow?...
- W Work and Career Where can you learn to be a flight attendant?...
- H Health and Medicine What are Electronic Cigarettes? The Ultimate Guide...
- C Computers and Internet Where are passwords stored in Opera?...
Answers on questions: Business
- B Business Assume the following data for Jones Company for the current fiscal year: Beginning Inventory 10 units at $ 7 each March 18 purchase 15 units at $ 9 each June 10 purchase 20...
- B Business Butler Corporation is considering the purchase of new equipment costing $54,000. The projected annual after-tax net income from the equipment is $2,000, after deducting $18,000...
- B Business A marketing information system O A. is a collection of raw facts and figures collected from market research O B. is the result of organizing and summarizing facts and figures...
- B Business A. is the sum of a firm s short run average cost curves. B. shows the lowest average cost facing a firm as it increases output changing both its plant and labor force. C. initially...
- B Business A company issues a callable (at par) 20-year, 5% coupon bond with annual coupon payments. The bond can be called at par in one year after release or any time after that on...
- B Business A broker received conflicting demands from the buyer and the seller for the earnest money deposit. The broker unsuccessfully attempted to resolve the issue between the parties...
- B Business On November 14, Thorogood Enterprises announced that the public and acrimonious battle with its current CEO had been resolved. Under the terms of the deal, the CEO would step...
- B Business Your friend promises that in 16 years, he will give you $1,000. Assume the interest rate (a.k.a. discount rate) is 13% and assume no inflation happens over the time period....
- B Business If the net of all variances is immaterial relative to the total production costs incurred during the period, the net variance is: Multiple Choice treated as an adjustment to...
- B Business An economy that produces goods and services based on long standing customs is a A command economy D. market economy c. mixed economy ОО D. traditional economy...
Ответ:
idek lol
Explanation:
i dont like rap to
^﹏^