The appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
Journal entryBased on the information given the correct entry to record this transaction is:
Debit Cash $1313
{$1300+[($1300×4%)-($1300×3%)]}
[$1300+($52-$39)]
Debit Sales Discount $39
($1300×3%)
Credit Accounts Receivable $1352
[$1300 + ($1300×4%)]
Inconclusion the appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
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You sell tacos that cost $2 to produce. You sell them for $4. Your markup on cost, expressed as a percentage, is:
If you sell tacos for $4, when they had a production cost of $2, this is a markup percentage of 100%.
What is the markup percentage of the tacos?This can be found by the formula:
= (Selling price - Cost price) / Cost price x 100%
Solving gives:
= (4 - 2) / 2 x 100%
= 2 / 2 x 100%
= 1 x 100%
= 100%
In conclusion, the markup is 100%.
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What are some advantages of promoting products using technology?:
Answer:
They get the word out faster
They can buy it from their homes, therefore increasing sales
They see it from everywhere
Explanation:
Answer:
Using technology to promote products allows you to reach a bigger audience in less time which is a major advantage.
Uploaded ads give advertisers access to more inventory than responsive display ads.
Uploaded advertisements (ads) give advertisers access to more inventory than responsive display advertisements (ads): False.
What is an advertisement?An advertisement refers to the promotional multimedia messages that are designed and developed with the sole intention of making the various goods or services that are being offered by a business firm or an entrepreneur to become known, popular and familiar to all of its customers and potential customers.
The types of advertisement.Generally, there are various medium that are used for the advertisement of goods or services and these include the following:
Uploaded advertisements (ads).Responsive display advertisements (ads).In conclusion, it is false to say that uploaded advertisements (ads) give advertisers access to more inventory than responsive display advertisements (ads).
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Why do corporations pay attention to what is happening to their stock in the secondary market
Answer:
The existence of the secondary market makes their stock more liquid and the price in the secondary market sets the price that the corporation would receive if they choose to sell more stock in the primary market.
Explanation:
Camilla is a PR specialist for Kia Motors, which plans to open a new plant in the city of Knoxville, Tennessee. The city council is requiring Kia to present a detailed environmental impact statement showing exactly how they expect social, natural, and economic environments to be affected. This requirement is the result of a
The requirement for Kia to present a detailed environmental impact statement on its operation is as result of Tennesse's high uncertainty-avoidance culture.
What is a high uncertainty-avoidance culture?These are society that have long histories of being conservative and resistant to the introduction of new ideas and concepts.
Because of their nature, they requires KIA to present a detailed environmental impact statement on its operation to know how they should expect social, natural, and economic environments to be affected.
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What is the term for assets that can be quickly and easily converted to cash? A. non-liquid assets B. liquid assets C. liabilities D. deficits
1. D
Explanation:
Hope it helps youThx
Answer: Liquid Assets
Explanation: Just took the final
The reserve ratio equals 2 percent. The Fed buys $1 million in U.S. government securities. The most the money supply can increase is a. $10 million. b. $40 million. c. $50 million. d. $100 million.
If the Fed buys $1 million in U.S. government securities. The most the money supply can increase is: c. $50 million.
Money supplyUsing this formula
Mioney supply=Government securities/Reserve ratio
Where:
Government securities=$1 million
Reserve ratio=2% or 0.02
Let plug in the formula
Money supply=$1 million/0.02
Money supply=$50 million (Increase)
Therefore the most the money supply can increase is: c. $50 million.
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As you will see from this agreement, there are different a.p.r.s applied based on how the credit card is used. which transaction type has the highest a.p.r.?
The transaction type which has the highest annual percentage rate (A.P.R) is the one that is triggered by late payment.
What is an A.P.R?An A.P.R is acronym for annual percentage rate and it can be defined as the yearly rate of interest that is typically generated with respect to an amount of money borrowed by a person (borrower) from a financial institution or investor (lender).
Generally, a transaction type which would have the highest annual percentage rate (A.P.R) based on how the credit card is used, is the A.P.R that is triggered by a borrower's late payment.
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When determining what price to charge for a product or service, marketing executives consider which of the following?
A. competitors’ pricing structures
B. how much customers can afford to pay for the product or service
C. at what point the market will be flooded with similar products and services, driving down consumer demand
D. all of the above
Answer: D) all of the above
Explanation:
The New American Enterprise Mutual Fund's portfolio is valued at $60 million. The fund has liabilities of $2 million, and the investment company sponsoring the fund has issued 2,900,000 shares. What is the fund's net asset value
Answer:
$30.40
Explanation:
($40 million − $2 million) / 1.25 million shares = $30.40
(Assets - Liabilities) / The total number of outstanding shares is the NAV. NAV is frequently close to or equal to a company's book value. Hence fund's net asset value is $ 30.40 .
What is Mutual Fund and NAV ?Professional money managers run mutual funds, allocating the assets and attempting to generate capital gains or income for the fund's investors.
The portfolio of a mutual fund is set up and kept up to date in accordance with the specified investment goals in the prospectus.
The net asset value of an investment fund is calculated by dividing the number of outstanding shares by the net value of the fund's assets less its liabilities.
The price at which the shares of funds registered with the U.S. Securities and Exchange Commission (SEC) are traded is referred to as the NAV most frequently when discussing mutual funds or exchange-traded funds (ETFs).
For businesses the difference between assets and liabilities for both individuals and commercial entities is referred to as the net assets, net worth, or capital of the organization.
(Assets - Liabilities) / The total number of outstanding shares is the NAV
($40 million − $2 million) / 1.25 million shares = $30.40
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Riley is 25 years old, and will soon be starting a career as a business analyst. According to Levinson, Riley is in the _____ phase of adult development
According to Levinson, Riley is in the Novice phase of adult development.
What is Business?This refers to the buying and selling of goods with the major aim of making profit.
Hence, we can see that based on the adult development phase, because Riley who is 25 years old and just starting out as a business analyst is in the novice phase.
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All of the following are forms of nonstore retailing EXCEPT: Group of answer choices telemarketing. factory outlets. direct selling. television home shopping.
Factor Outlets and Direct selling are not the forms of Nonstore retailing as they form part of direct selling.
What is Nonstore Retailing?Nonstore retailing is the sale of goods and services outside the boundaries of the retail space. A common term that describes sales that take place outside stores and shops.
Institutions in this subdivision include mail ordering houses, vending equipment operators, real estate sales, door-to-door sales, party systems sales, e-commerce, and portable real estate sales.
Thus, Factor Outlets and Direct selling are not the forms of Nonstore retailing as they form part of face-to-face selling.
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When a company sells a product for a price that is less than the cost of producing the product, it is engaging in:.
If a company sells a product at a price that is less than the cost of producing the product, then it is engaged in dumping.
What do you mean by a Product?A product refers to any product, goods, or services intended for sale purposes. Goods, services, experiences, shopping, convenience, specialty goods, consumer goods, and industrial goods are the different types of products.
Dumping refers to when a company or country exports a product that is lower in the foreign market than the domestic export market. According to World Trade Organization, dumping is legal.
Therefore, Dumping is when a company sells a product that is lower than the cost of producing the product.
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The president of Krypton Inc. wants to know the company's current financial condition. The financial report that can provide this information is the _____.
The president of Krypton Inc. desires to recognize the company's current financial status. The financial report that can furnish this content is the Balance Sheet.
What is a Balance Sheet?A balance sheet showed as a financial statement. It presents the liabilities, assets and shareholder equity of a business firm.
It is one of the three fundamental financial statements that is employed to examine a company, is the balance sheet.
It provides a snapshot of a company's financial situation as of the publication date.
If the president of Krypton Inc. needs to know about the company's current financial situation, the Balance Sheet is the financial report that may provide this information.
Therefore, the balance sheet is the statement the shows the financial condition of the organization.
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Venus Corporation is creating an advertising budget with the goal to reach a large number of customers. Productive Advertising Company advises them that the most cost-effective way to reach a mass market is with
Venus Corporation is putting together an advertising budget in order to reach a huge number of people.
The most cost-effective technique to reach a broad market, according to Productive Advertising Company, is via television commercials.
What is advertising on television?A television commercial (also known as a television commercial, commercial, television spot, TV spot, advert, TV advert, or simply an ad) is a segment of television programming that is produced and paid for by a company. It sends out a message that promotes and markets a product or service.
Television advertising provides a significant competitive edge. It has the ability to increase market share, as well as provide scale and reach. It also allows you to purchase exactly the number of ratings (or watchers) that you require.
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__________ is a disadvantage commonly associated with a diversified workforce. Multiple Choice Organizational flexibility Stereotyping Enhanced cohesiveness Broad innovation Glass ceiling effect
Enhanced cohesiveness is one of the demerits of having a diversified workforce.
What is enhanced cohesiveness?
A situation where the effectiveness of an organization is lengthened for the purpose of the goals of the organization as such with huge amount of dynamic manpower resources.
However, this dynamism in the workforce proves to be a big barrier in growth, as the allocation of the tasks in the hands of each of the employees becomes difficult at times.
Hence, option C; the disadvantage of diversified workforce is mostly in association with enhanced cohesiveness.
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According to the census bureau, the u. S. Population is projected to grow by 78 million between 2017 and 2060. The native population is projected to increase by 20 percent while the foreign-born population is expected to grow by what percent?.
Between 2017 and 2060, the growth in the U.S. population will be accounted for by a growth in the foreign-born population of 85%.
How will the American population change by 2060?The census bureau believes that the U.S. population will change by more than 78 million by 2060.
Out of this number, the foreign-born population of the nation which includes immigrants and their children, will comprise of 85%.
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If the number of consumers in a market increases, the market demand curve will.
If the number of consumers in the market increase,the demand increases respectively
Theory of Demand and SupplyThe theory of demand and supply is a powerful tool that explains the behaviours of buyers and sellers of goods and service, and how price reacts to this behaviours.
When the demand of a commodity is high, the price will be high and when the demand is low the price will become low.
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Bobcat Elevator reported financial statements indicate an increase in its return on assets, even though its net profit margin declined. This is due to
When there is an increase in return on assets and yet there is a decline in profit margin, this is due to an increase in asset turnover.
How can return on assets increase if profit margin decreases?The profit margin is calculated by dividing the net income by the sales amount while return on assets is found by dividing the net income by total assets.
If the asset turnover increased, it means that there are less assets which means that the return on assets will be higher even though the profit margin will be lower.
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O A. "I'm a hard worker."
O B. need more help.'
• C. "I wonder if my friends are good at this."
C D. "Will this be
over soon?"
Ellen purchased a dishwasher, which cost $315 before the 9.22% sales tax. she used the machine an average of 10 times per week for the next six years, at which point she replaced it. each time she ran the dishwasher it cost her $0.09 for water and $0.13 for electricity. what was the lifetime cost of ellen's dishwasher? a. $1,030.44 b. $686.40 c. $1,093.73 d. $749.69
Answer:
NOT anser B). $686.40
Explanation:
just took quiz
One of the ways governments control capital inflows and outflows is by:
Group of answer choices
regulating imports.
regulating exports.
regulating FDI.
regulating domestic businesses.
Answer:
Regulating imports or exports. (I Think )
Explaination:
Capital controls are established to regulate financial flows that go in and out of the capital account meaning, the capital controls and regulates the imports and exports.
If the real interest rate in the united states increases relative to that of the rest of the world, capital should flow:.
If the real interest rate in the United states increases relative to that of the rest of the world, capital flow should increase.
What happens when the real interest rate increase?Real interest rate is the rate earned by those who give out their monies to businesses. The real interest rate has been adjusted for inflation.
When the real interest rate increases, the return earned by investors increase. This would encourage investors to increase their investment in the United States. As a result, capital flow should increase.
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The contracts involving promises to pay a debt that are within the statute of frauds are of a very limited kind. These promises are referred to as _____.
The contracts involving promises to pay a debt that are within the statute of fraud are of a very limited kinda and are referred to as secondary promises and Collateral promises. This is further explained below.
What are secondary promises?Generally, Contracts involving commitments to settle a debt that fall within the scope of the statute of fraud are of a very restricted kind.
In conclusion, Collateral promises are also known as suretyship promises
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Suppose that the central bank increases interest rates in an economy. How would this affect aggregate demand and inflation
Answer:
aggregate demand would fall and inflation would fall
Explanation:
Select all the correct answers. which of the following statements are true? economic stability means fair distribution of goods in an economy. full employment is a macroeconomic goal. inflation is a fall in the prices of goods and services. inflation is a rise in the prices of goods and services. microeconomics studies the economy as a whole.
The goals of macroeconomics are economic growth, full employment, and price stability. Options 2 and 4 are True.
What are the objectives of macroeconomics?The majority of other countries have three main macroeconomic objectives: economic growth, full employment, and price stability. The economic well-being of a country is dependent on carefully defining these goals and selecting the best economic policies to achieve them.
A macroeconomic goal is full employment. TrueInflation is defined as an increase in the prices of goods and services. TrueTherefore, options 2 and 4 are true.
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Answer:
2 and 4 are corect i got a 100
Explanation:
Comfy Slipper Supply Inc. does not feel the pressure to create custom slippers for any of its markets around the world, but it does want to focus on cost reductions. What strategy should this company consider using to achieve this
Comfy Slipper Supply Inc. company consider using business process management strategy.
What is Business process management?It involves different method that is used by a business or organization to manage it's process.
This could include methods to analyze and measure the appropriate model that can b use to optimize profit.
Therefore, Comfy Slipper Supply Inc. company consider using business process management strategy.
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One of the disadvantages of using customer value propositions is that they are complex and difficult to understand. True False
It is false that using customer value propositions is that they are complex and difficult to understand.
What is customer value proposition?Customer value proposition is a type of business statement that entails detailed information why a customer need to buy a product or use a service. The main target of customer value proposition is their potential customers rather than other groups like employees, partners or suppliers.
Therefore, It is false that using customer value propositions is that they are complex and difficult to understand.
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Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be ______ expenditures.
Answer: Capital Expenditure
Explanation:
Based in Fairmont, WV, the Internet Fraud Complaint Center is run by the FBI and the National White Collar Crime Center with the goal to analyze fraud-related complaints. Question 8 options: True False
The Internet Fraud Complaint Center, run by the FBI and the National White Collar Crime Center, indeed analyzes fraud-related complaints.
What is the Internet-Fraud Complaint Center?The Internet-Fraud Complaint Center, based in Fairmont, WV, handles the following internet-related complaints:
Intellectual Property Rights ( IPR ) mattersComputer Intrusions (hacking)Economic Espionage (Theft of Trade Secrets)Online ExtortionInternational Money Laundering.Thus, the Internet-Fraud Complaint Center is run by the FBI and the National White Collar Crime Center to analyze fraud-related complaints.
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