The following activities take place in ushers department

Assignment Help Accounting Basics
Reference no: EM13596840

The following activities take place in Usher's Department Store. Upon receipt, Ushers discounts all products 25 percent from the manufacturer's suggested retail price. Only after the goods have been in stock for 90 days will additional discounts be given.

1. Attending trade shows to view new products

2. Reviewing supplier catalogs

3. Ordering merchandise

4. Waiting for shipments to be received

5. Inspecting goods for damage

6. Matching receiving reports and purchase orders

7. Placing discounted price tags on merchandise

8. Moving goods to retail area

9. Stocking shelves

10. Training salespersons in store merchandise

11. Checking out customers

12. Handing customer receipts

13. Wrapping gift items

14. Helping customers with return or exchanges

a. Indicate which activities are value-added (VA), business-value-added (BVA), and non-value-added (NVA).

b. How might some of the business-value-added activities be reduced or eliminated?

Reference no: EM13596840

Questions Cloud

The masses and volume of two cylinders are measured the : the masses and volume of two cylinders are measured. the mass of cylinder 1 is 1.35 times the mass of cylinder 2. the
When the following reaction is balanced in acid solution : when the following reaction is balanced in acid solution using the lowest possible whole number coefficients the
The bookkeeper for oglesby company asks you to prepare the : the bookkeeper for oglesby company asks you to prepare the following accrued adjusting entries at december 31.1.
A building was purchased for 50000 the asset has an : a building was purchased for 50000. the asset has an expected useful life of 6 years and depreciation expense each year
The following activities take place in ushers department : the following activities take place in ushers department store. upon receipt ushers discounts all products 25 percent
The expected return on the market is 12 and the risk free : the expected return on the market is 12 and the risk free rate is 7. the standard deviation of the return on the market
On october 1 2009 jack company issued a 5000 6 bond payable : on october 1 2009 jack company issued a 5000 6 bond payable. the interest is payable annually each october 1 and the
Using the net present value approach determine whether sams : sams club operates a regional chain of upscale department stores. the company is going to open another store soon in a
Assume gail is a wealthy widow whose husband died last year : assume gail is a wealthy widow whose husband died last year. her dependent daughter lives with her for the entire year.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd