Sloan Sporting Goods has stores in four geographic regions. Each region has at least 20 stores....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Sloan Sporting Goods has stores in four geographic regions. Each region has at least 20 stores. In the company's responsibility accounting system, sales are recorded separately for each sales department within each store. The total sales for a particular region are determined by: a. Using a separate revenue account to record the sales transaction tor each region. O b. Combining the total sales of all stores in that region. O c. Taking a percentage of the company's total sales that is equal to the percentage of the company's stores located in that region. O d. Adding together the sales tickets for all sales transactions in the region. Sloan Sporting Goods has stores in four geographic regions. Each region has at least 20 stores. In the company's responsibility accounting system, sales are recorded separately for each sales department within each store. The total sales for a particular region are determined by: a. Using a separate revenue account to record the sales transaction tor each region. O b. Combining the total sales of all stores in that region. O c. Taking a percentage of the company's total sales that is equal to the percentage of the company's stores located in that region. O d. Adding together the sales tickets for all sales transactions in the region.
Expert Answer:
Answer rating: 100% (QA)
Answer Option A Us ing a seperate revenue account to record the sa... View the full answer
Related Book For
Statistics for Business & Economics
ISBN: 978-1285846323
12th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Camm, James Cochran
Posted Date:
Students also viewed these accounting questions
-
A sporting goods store kept a record of sale of five items for one randomly selected hour during a recent sale. Construct a frequency distribution for the data (B = baseballs, G = golf balls, T =...
-
B-2-13 I hope to pay attention to homework, write and draw in clear handwriting, and use geometric drawing tools for mathematical shapes and representations B-2-8. Obtain a state-space representation...
-
Company S shipped goods costing $10,000 to Company C on consignment. The sales agreement states that Company C has 90 days to either sell the goods and pay Company S $16,000 for them or to return the...
-
Given the observed yields below, what is the 1-year forward rate, 4 years from now? [Hint: This is the 1-year return that will take you from the 4-year average annualized return (yield) to the 5-year...
-
Which stakeholder is the most important to an entity? Respond from the perspective of the entity and a stakeholder.
-
In the following, state if the numerical variable is discrete or continuous according to their possible values. a) X = 0, 1, 2, 3 b) Y = 10, 15, 42 c) 5 < Y < 73 d) Z 152
-
A sphere of \(30-\mathrm{mm}\) diameter contains an embedded electrical heater. Calculate the power required to maintain the surface temperature at \(89^{\circ} \mathrm{C}\) when the sphere is...
-
Berryhill Automotive Company manufactures an engine designed for motorcycles and markets the product using its own brand name. Although Berryhill has the capacity to produce 50,000 engines annually,...
-
You need to calculate the stock price (per share) of RSM, a financial company. RSM has just paid $3 per share in dividends. You estimate that dividends will grow at 20% per year for the next three...
-
1. Suppose you wanted to predict Winnings ($) using only the number of poles won (Poles), the number of wins (Wins), the number of top five finishes (Top 5), or the number of top ten finishes (Top...
-
According to Coulomb's Law, if the distance between the two electrons were cut in half, the force would be _____. a. one-fourth as much b. one-half as much c. four times as much d. two times as much
-
Describe how self-management impacts the communication process.
-
Describe the ethical use of social media for work.
-
Explain strategies to sight-read the nonverbal communication of others.
-
Rewrite these sentences to use active voice instead of passive. A. Plant tours and speeches by supply chain professionals are constantly being scheduled for SCMC club members to attend. B. A speech...
-
Think about a recent difficult conversation you had. Ideally, select a conversation that occurred in the workplace or at school. Based on this conversation, do the following: A. Summarize the...
-
Consider the following graph G. d e a b C a. Give the degree sequence of G. b. Give the clique number and the chromatic number of G. Briefly explain your answers. c. How does your answer to b. change...
-
In a paragraph of approximately 150-200 words, analyze a film or TV/Streaming Show poster of your choosing by focusing on the ways in which representations in the poster are gendered. Include an...
-
A drug store chain has stores in four cities: 38 stores in Indianapolis, 45 in Louisville, 80 in St. Louis, and 70 in Memphis. Pharmacy sales in the four cities vary considerably because of the...
-
The average return for large-cap domestic stock funds over the three years 2009 - 2011 was 14.4% (AAII Journal, February, 2012). Assume the three-year returns were normally distributed across funds...
-
Smart-phones are advanced mobile phones with Internet, photo, and music and video capability (The Pew Research Center, Internet & American Life Project, 2011). The following survey results show...
-
Solve Example 7.5 with equilibrium energy as the initial condition for the Oxygen molecule at 1 atmosphere and \(3200 \mathrm{~K}\). Example 7.5 Obtain the time dependent expression for the vibration...
-
Obtain a pseudo tri-diagonal matrix equation to solve the vorticity transport equation in a boundary layer with forward differencing in time and with appropriate differencing in space suitable for...
-
If the waverider of the Problem 7.44 has the wall temperature of \(1400 \mathrm{~K}\) and \(\operatorname{Re}=1.371 \times 10^{6}\) with respect to its length then find the drag coefficient with...
Study smarter with the SolutionInn App