This topic contains a solution. Click here to go to the answer

Author Question: Lutex Corporation began its accounting period with a merchandise inventory (beginning inventory) ... (Read 197 times)

joe

  • Hero Member
  • *****
  • Posts: 627
Lutex Corporation began its accounting period with a merchandise inventory (beginning inventory) that cost 10,000. During the period, it purchased for resale merchandise with a retail value of 100,000. With purchase discounts, it paid only 80,000 for this merchandise. Thus, during this period, Lutex had ____ in goods available for sale.
 A) 180,000
  B) 70,000
  C) 80,000
  D) 90,000
  E) 190,000

Question 2

Theory Y is most suitable in a work situation in which workers are
 A) in need of close supervision.
  B) just beginning to learn their jobs.
  C) highly motivated.
  D) unskilled.
  E) none of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

l.stuut

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

D

Answer to Question 2

C




joe

  • Member
  • Posts: 627
Reply 2 on: Jul 14, 2018
:D TYSM


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Excellent

 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library