What is the distinction between service and merchandising companies? What is the distinction between merchandising and manufacturing
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
Service companies sell services and merchandising companies sell physical products M...View the full answer
Answered By
Rishabh Ojha
During my undergraduate i used to participate as TA (Teaching Assistant) in several electronics and computers subject. I'm passionate about learning Computer Science as my bachelors are in Electronics but i learnt most of the Computer Science subjects on my own which Machine Learning also. At Present, i'm a working professional pursuing my career as a Machine Learning Engineer and i want to help others learn during my free hours, that's all the motivation behind giving tuition. To be frank i have no prior experience of tutoring but i have solved problems on opensource platforms like StackOverflow and github. ~Thanks
4.90+
3+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Question Posted:
Students also viewed these Accounting questions
-
What is the distinction between Sales Returns and Sales Allowances?
-
If a Chicago-based company ships goods on September 30 to a customer in Hawaii with sales terms FOB destination, does the Chicago-based company include the inventory or the sale in its September...
-
Access the Wiki Art Gallery (WAG) instructional case in Connect and read the case in sufficient depth to answer the following questions. 1. Is the revenue recognition policy used by WAG for artwork...
-
In January 2021 Karl sells a one-quarter interest in a chattel for 2,500. On the date of this sale, the remaining three-quarters interest is valued at 8,500. The chattel had cost Karl 3,850 in...
-
Noise levels for some common aircraft are given in Table 14.4. What are the lowest and highest intensities for (a) Takeoff and (b) Landing for these planes? Aircraft 737 747 DC-10 L-1011 Takeoff...
-
Assume the following information for MJW shares: - Current Dividend = $10.00 Dividend growth rate for next 4 years = -1% pa Dividend growth rate from year 4 onwards = 2% pa Required return on MJW...
-
How is this positioning communicated through the website? Appendix
-
Green Day Corporation had income from continuing operations of $12,600,000 in 2004. During 2004, it disposed of its restaurant division at an after-tax loss of $189,000. Prior to disposal, the...
-
Chapter 10 Problem Set Overhead is applied to jobs based on this rate. It is likely that the actual overhead costs and activry level will be different than the estimated overhead cost and estimated...
-
Chapman Pharmaceuticals, a large manufacturer of drugs, has this aggregate demand forecast for a liquid cold medicine. Demand 200 120 75 40 15 January February May une September October November...
-
This case is available online in the Connect library. By completeing this case, you will learn to quantify cash embezzlement, identify missing cash controls, and recommend control improvements.
-
What is a sales discount? Use 1/10, n/30 in your explanation.
-
Use the Web site you have selected to determine how much money you need to save to help you achieve your retirement goal.
-
Based on the following information, calculate the sustainable growth rate for Kaleb's Welding Supply: Profit margin Capital intensity ratio Debt-equity ratio Net income Dividends 7.5% 0.65 0.60...
-
Waterway Inc. uses LIFO inventory costing. At January 1, 2025, inventory was $216,014 at both cost and market value. At December 31, 2025, the inventory was $283,252 at cost and $262,660 at market...
-
What is the 32-bit version of: 0000 0000 0001 0101
-
1. Let A = 2 1 4 3 Find AT, A-1, (A-1) and (AT)-1. 2. Let A = = [ -1 -1 2 22 (a) Find (AB), BT AT and AT BT. (b) (AB)-1, B-1A-1 and A-B-1. ] 1-5 and B = 1
-
Xavier Ltd. paid out cash dividends at the end of each year as follows: Year Dividend Paid 2018 $250,000 2019 $325,000 2020 $400,000 Assume that Xavier had 100,000 common shares and 5,000, $4,...
-
Piper High School is in Piper, Kansas, a town located about 20 miles west of Kansas City, Missouri. Christine Pelton was a high school science teacher there. Ms. Pelton, age 26, had a degree in...
-
An access route is being constructed across a field (Figure Q8). Apart from a relatively firm strip of ground alongside the field's longer side AB, the ground is generally marshy. The route can...
-
Sketch the marketing communications planning framework from memory.
-
Lets go a bit further with the example from M8-3. Assume that on February 2, 2018, Extreme Fitness received a payment of $500 from one of the customers whose balance had been written off. Prepare the...
-
Adobe Systems Incorporated reported the following accounts and amounts (in millions) in its financial statements for the year ended December 2, 2016. Prepare a classified balance sheet. The Allowance...
-
During the year ended December 31, 2018, Kellys Camera Shop had sales revenue of $170,000, of which $85,000 was on credit. At the start of 2018, Accounts Receivable showed a $10,000 debit balance and...
-
XF Ltd. Is an expanding private company in the electric trade. Accounts preparing in January 2019 included the following information: Profit Statement for the year ended 31 st December 2018 Kshs.000...
-
Check On June 15, 2021, Sanderson Construction entered into a long-term construction contract to build a baseball stadium in Washington D.C., for $340 million. The expected completion date is April...
-
Q.1 Bassem Company purchased OMR420,000 in merchandise on account during the month of April, and merchandise costing OMR $350,000 was sold on account for OMR 425,000. Required: 1. Prepare journal...
Study smarter with the SolutionInn App