Answer:
Debt ratio = 0.77 (to 2 decimal places)
Explanation:
The debt ratio of a company is the ratio of the total debt owed to the total assets owned by the company. It is represented mathematically as:
Debt Ratio = Total Debt ÷ Total asset
Total Debt = current liabilities + longminusterm liabilities
Total Debt = 403 + 190 = $593
Total assets = $772
∴ Debt ratio = 593 ÷ 772 = 0.77 (to 2 decimal places)
note that current assets are not used in the calculation because it is a subset of total asset.
Piloting a questionnaire is a worthwhile exercise because it will:
a.Test out your questions on some of the people who will be in the final sample
b.Identify and amend any problems in the question wording, order and format
c.Find out what a trained pilot would think of the subject matter
d.All of the above
Answer:
b.Identify and amend any problems in the question wording, order and format
Explanation:
PILOTING a QUESTIONNAIRE will help to Effectively identify any problems that has to do with the questionnaire and as well as providing solution on how to combat such problem which is why PILOTING a QUESTIONNAIRE is very important because it will enables us to know those question that are faulty due to some reasons such as incorrect question wording due to the fact that it is important for respondents as well as the interviewers to Effectively understand the question in the questionnaire will inturn help them to answer those questions accurately as well as lack of Proper format in the questions thereby amending or resolving those problems.
Based on the statement, explain FIVE (5) reasons why customer relationship is important for business
success.
Answer:
is this your homework?? xD
Explanation:
anyway its because it helps businesses build a relationship with their customers that, in turn, creates loyalty and customer retention. Since customer loyalty and revenue are both qualities that affect a company's revenue, CRM is a management strategy that results in increased profits for a business.
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2022.
Inventory Beginning Ending
Raw materials $9,000 $13,100
Work in process 5,000 7,000
Finished goods 9,000 8,000
Costs incurred: raw materials purchases $54,000, direct labor $47,000, manufacturing overhead $19,900. The specific overhead costs were: indirect labor $5,500, factory insurance $4,000, machinery depreciation $4,000, machinery repairs $1,800, factory utilities $3,100, and miscellaneous factory costs $1,500. Assume that all raw materials used were direct materials.
Instructions
a. Prepare the cost of goods manufactured schedule for the month ended June 30, 2022.
b. Show the presentation of the ending inventories on the June 30, 2022, balance sheet.
Determine the amount of cost to appear in various accounts and indicate in which financial statements these accounts would appear.
a. The Cost of Goods Manufactured Schedule for the month ended June 30, 2022 can be prepared as follows:
Cost of Goods Manufactured Schedule
Work in Process Beginning $5,000
Raw materials purchase 49,900
Direct labor 47,000
Manufacturing Overhead 19,900
Total costs incurred $121,800
Ending balance ($7,000)
Cost of goods manufactured $114,800
b. The presentation of the ending inventories on the June 30, 2022 balance sheet will be showed as follows:
Current Assets:
Inventory:
Raw materials $13,100
Work in process 7,000
Finished goods 8,000 $28,100
Data Analysis:
Inventory Beginning Ending
Raw materials $9,000 $13,100
Work in process 5,000 7,000
Finished goods 9,000 8,000
Costs incurred:
Raw materials $54,000
Direct labor $47,000
Manufacturing overhead $19,900
The specific overhead costs were:
Indirect labor $5,500
Factory insurance $4,000
Machinery depreciation $4,000
Machinery repairs $1,800
Factory utilities $3,100
Miscellaneous factory costs $1,500
Total manufacturing overhead $19,900
T-accounts:
Raw materials
Account Titles Debit Credit
Beginning $9,000
Purchases 54,000
Work in Process $49,900
Ending $13,100
Work in Process
Account Titles Debit Credit
Beginning $5,000
Raw materials 49,900
Direct labor 47,000
M/Overhead 19,900
Finished Goods $114,800
Ending balance $7,000
Finished Goods
Account Titles Debit Credit
Beginning balance $9,000
Work in Process 114,800
Cost of Goods Sold $115,800
Ending balance $8,000
Thus, the total cost of goods manufactured for the month ended June 30, 2022 is $114,800.
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What are some of the reasons why domestic policies change overtime?
Answer:
They changed as the USA entered the war.
Explanation:
American and domestic foreign policy during World
War 2 were linked in that once America entered the
war it had a significant impact on its economy.
When we say during World War 2 we must remember
that the USA did not enter the war until December
1941 after the attack on Pearl Harbour. Even then
there was no guarantee that they would become
involved in a war in Europe. It was Hitler who
declared war on the USA.
Prior to that American domestic politics
were dominated by the arguments between
interventionism and isolationism. President Roosevelt
had to tread a fine path in providing limited support to
the UK whilst being careful not to turn public opinion even more against involvement in a war thousands of miles away.
Japan's failure to deliver a knockout blow at Pearl Harbour meant that the US economy, on a war footing, was powerful enough to produce military hardware on a scale not seen before which would lead to victory in 1945 and the USA emerging as the most powerful country in the world.
Domestic policies change over time mainly due to changing societal values, economic conditions, and political influences. Society's evolving nature, economic developments, and shifts in political power greatly influence such changes.
Explanation:Domestic policies change over time due to a variety of reasons. The primary ones include changing societal values, economic conditions, and political influences. For instance, societal values evolve over time, which may either necessitate new policies or changes in existing ones to address contemporary issues. Economic conditions may influence policy changes for enhancing economic stability and growth. Changing political influences also play a significant role as different political parties with contrasting priorities and approaches to governance come to power.
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1.Why is knowledge of consumer behavior important to the marketer?
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
good research should ideally be...
Answer:
What constitutes a good research question?
A good research question requires original data, synthesis of multiple sources, interpretation and/or argument to provide an answer. The answer to the question should not just be a simple statement of fact: there needs to be space for you to discuss and interpret what you found.
Explanation:
how can I draw the circular flow of Income in an open economy?
The unending flow of goods and services, income, as well as expenditure in an economy is referred to as the circular flow. It depicts the circular redistribution of income between the production unit and households. Land, labour, capital, as well as entrepreneurship are examples of these.
The circular flow of diagram's outer loop depicts the flow of factor services from households to firms, as well as the corresponding flow of payments for factors from firms to households.
The inner loop depicts the flow of goods and services from firms to households, as well as the flow of consumer spending from households to firms. The entire amount of money paid by firms as factor payments is returned to the firms by the factor owners.
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can someone tell me how this "attain" amount is calculated PS3 price is 299$ PS3 sold are 11.25 Million per unit total cost is 260.89 $ profit is 38.11 $ Attain = 428.74 do u know how this 'attain' amount is calculated
Answer:
IDK which I need also
Explanation:
....................................................
Answer:
I'm in middle school, sorry mate.
Explanation:
154 divided by 2055 is what percentage
Answer:
≈ 7,49%
Explanation:
first you divide 154 with 2055 and get 0,074929...
then you multiple that number with 100/100
and then that is \(\frac{7,49..}{100}\) which is 7,49% (approximately)
At the end of 2011, the XYZ city deferred Br. 40,000 in property taxes, and that
amount is reflected in the beginning balance sheet is recognized as revenue for
2012.
At the end of 2011, the XYZ city deferred Br. 40,000 in property taxes, which means that the city did not recognize this amount as revenue in the 2011 financial statements. Instead, it carried it forward as a liability on the beginning balance sheet for 2012.
In 2012, the Br. 40,000 deferred property taxes are recognized as revenue, reflecting an increase in the city's financial resources. This recognition follows the accrual accounting principle, where revenue is recognized when it is earned, regardless of when the cash is received. By recognizing the deferred property taxes as revenue in 2012, the city accurately reflects its financial position and performance for that year.
The recognition of the deferred property taxes as revenue in 2012 will impact the city's income statement, increasing its revenue figure, and potentially affecting its net income or surplus. It also signifies the city's ability to generate resources from property taxes, which can contribute to funding public services and projects within the XYZ city.
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The competitive threat that outsiders will enter a market is weaker when
The competitive threat that outsiders will enter a market is weaker when the incumbents enjoy substantial cost advantages.
The competitive threat that outsiders will enter a market refers to the possibility that new firms will enter a market to compete against existing firms. It is the degree of competition in a market that is determined by the ability of other companies to enter the same market and offer similar goods or services at a lower cost.
There are certain factors that determine the competitive threat of outsiders, these are:Ease of Entry: When the cost of entering a market is low, the threat of new entrants is high and vice versa.Brand loyalty: In markets where consumers are more loyal to the existing brands, the competitive threat of new entrants is weaker.
Patents: In markets where incumbents hold many patents, the competitive threat of new entrants is weaker.Cost advantage: The competitive threat of outsiders is weaker when incumbents enjoy substantial cost advantages.Cost advantage is the answer to your question.
The competitive threat that outsiders will enter a market is weaker when incumbents enjoy substantial cost advantages.
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Zortek Corp. budgets production of 400 units in January and 200 units in February. Each finished unit requires five pounds of raw material Z, which costs $2 per pound. Each month's ending inventory of raw materials should be 40% of the following month's budgeted production. The January 1 raw materials inventory has 130 pounds of Z. Prepare a direct materials budget for January. ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production (units) Materials needed for production (bs ) Total materials requirements (bs.) Materiais to be purchased (lbs.) Total cost of direct materials purchases unts bs lbs. bs. lbs. ibs bs per b
Total cost of direct materials purchases is $4540.
Prepare direct material budget for January :
Budgeted production (units) 400
raw material per unit 5
Materials needed for production (lbs.) 2000
Add: Desired ending inventory (200*5*40%) 400
Total materials requirement (lbs.) 2400
Less: Beginning inventory (130)
Materials to be purchased (lbs.) 2270
Rate per pound 2
Total cost of direct material purchases 4540
In economics, demand is the amount of a very good that customers are inclined and capable of buy at diverse charges at some stage in a given time. the relationship amongst price and quantity call for is likewise called the call for curve.
call for is the customer's preference to buy a specific right or service. marketplace call for is the call for for a particular unique in the marketplace. combination name for is the overall call for for gadgets and services in the financial machine. demand and supply in shape determines the price of the pleasant or provider. information the concept of name for.
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HELP ASAP :(
The post-purchase evaluation gives consumers a chance to
compare products from different manufacturers.
make better decisions in the future.
show off their purchase on social media.
decide when and where to make the purchase.
Option B. The post-purchase evaluation gives consumers a chance to make better decisions in the future.
What is the Post-purchase evaluation?Post-purchase evaluation is the process of assessing one's satisfaction or dissatisfaction with a product or service after purchase. This evaluation helps consumers to reflect on their purchase decisions and determine whether they made the right choice or not.
By evaluating their experience, consumers can learn from their mistakes and make better decisions in the future, which can lead to more informed and satisfactory purchases. Comparing products, showing off purchases on social media, and deciding when and where to make purchases are not necessarily part of the post-purchase evaluation process, although they may be related.
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Why is it important to consider your education, hobbies, personality traits and corporations affect your decision to start a business based on your personal attributes and qualities? n
While coming up with a business idea, crucial to take into account one's background, interests, personality, professional experience, the sustainability of enterprise depends on individual came up the concept.
Why are character attributes deemed crucial for business owners?Entrepreneurs that are knowledgeable and skilled tend to be more confident. They can listen to other people's viewpoints without feeling scared thanks to their confidence. Entrepreneurs should be very creative and innovative. Being resilient in spite of setbacks or difficulties enables you to keep going and try again till you win. This is among the qualities that are most crucial for success since it prevents individuals from giving out on their ambitions.
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Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product E1 600 8.0 4,800 Product A7 300 4.0 1,200 Total direct labor-hours 6,000 The direct labor rate is $24.90 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product E1 $206.00 Product A7 $225.00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product E1 Product A7 Total Labor-related DLHs $ 109,600 4,800 1,200 6,000 Machine setups setups 51,690 700 300 1,000 Order size MHs 808,470 2,800 3,500 6,300 $ 969,760 The total overhead applied to Product A7 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
The total overhead applied to Product A7 under activity-based costing is closest to $482,086.
The total overhead applied is calculated with the following data from the question: Activity Estimated Expected ActivityActivity Cost Pools Measures Overhead Product E1 Product A7 Total
Labor-related DLHs $ 109,600 4,800 1,200 6,000
Machine setups setups 51,690 700 300 1,000
Order size MHs 808,470 2,800 3,500 6,300
Total $ 969,760
Overhead Allocation using activity-based costing method:Total Costs Product E1 Product A7
Labor-related DLHs $ 109,600 $87,680 (80%) $21,920 (20%)
Machine setups setups 51,690 36,183 (70%) 15,507 (30%)
Order size MHs 808,470 363,811 (45%) 444,659 (55%)
Total $ 969,760
Total overhead allocated to products $487,674 $482,086
Thus, the calculation of the total overhead applied to Product A7 under the activity-based costing method is determined by the volume of activities that Product A7 consumed under each activity cost pool, as indicated by the percentages.
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Which 3 components below are included in the Marketing Strategy Framework from the HBP reading (and is a primary focus of this lesson)? (note: you must select all 3 correct answers)
4ps
PAB
A&A
STP
5C
4ps, STP, 5C, basic Education Readings on marketing address its foundational theories, concepts, and frameworks. This reading is accompanied by a teaching note, test bank, and show slides for use in higher education classrooms.
The discussion of the 5Cs analysis for creating a marketing strategy opens the reading (customer, company, collaborators, competitors, and context).
Following that, it talks about two sets of decisions that every business must make: the Aspiration Decision (what the business expects to accomplish in the market) and the Action Plan Decision (or "marketing mix" of the 4Ps-product, promotion, placement, and price).
Finally, it compares the various measures needed to acquire new customers against keeping existing ones.
Your target market may be teenagers if your product is chocolate, and your positioning is centered on inspiring love. About STP, that is! The intended audience is still unaware of it.
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Greg got in over his head and kept buying things on his credit card that he couldn’t really afford. He ended up not being able to make payments on his card. What will happen because Greg failed to pay on his account?
Answer:
His account will be in default.
Explanation:
Defaulting on a loan means you've stopped making payments as agreed. How delinquent an account must become to be considered in default depends on the lender and the type of account.
Answer:
If you do not pay your credit card bill, you will have to pay late fees, have your interest rate increased, and it will damage your credit score.
Explanation:
Your debt could be sold to a collection agency and the collector of your debt could even sue you. You could even have your wages garnished.
You have to pay $12,500 a year in school fees at the end of each of the next six years. If the interest rate is 8%, how much do you need to set aside today to cover these bills? You have invested $70,476 at 8%. After paying the above school fees, how much would remain at the end of the six years?
At the end of the six years, the amount of 55474.55597 will remain, if the interest rate is 8%.
An interest rate is the quantity of interest due according to the period, as a share of the amount lent, deposited, or borrowed. the overall hobby on an amount lent or borrowed depends on the principal sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed.
The interest rate is the amount a lender charges a borrower and is a percentage of the predominant quantity loaned. The interest rate on a mortgage is typically mentioned on an annual foundation known as the once-a-year percentage fee (APR).
present value of annuity = C × [ \(\frac{1- (1 + i)^{-n}}{i}\)]
= 12000 × [ \(\frac{1-(1 + 8)^{-6} }{8}\)]
= 55474.55597
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Which of these was the first government of the United States?
Group of answer choices
Constitution
Declaration of Independence
Articles of Confederation
Mayflower Compact
Answer:
Declaration of independence
Explanation:
I did that test yesterday lol
Answer:
3. Articles of Confederation
Explanation:
Hope this helps!
2. (20 points) A couple plans to purchase a home for $320,000. Property taxes are expected to be $1,200 per year while insurance premiums are estimated to be $1400 per year. Annual repair and maintenance are estimated at $1,950. An alternative is to rent a house of about the same size for $2,150 per month [approximate using $25,800 per year]. If an 8.0% return before-taxes is the couple's minimum rate of return, what must the resale value be 10 years from today for the cost of ownership to equal the cost of renting
Answer:
$371,200
Explanation:
For the computation of annual price escalation first we need to follow some steps which are shown below:-
Future value of payment if the property purchased is
= Property taxes + Insurance premium + Annual repair and maintenance
= $1,200 + $1,400 + $1,950
= $4,550
Future value = (1 + K)^n
= (1 + 0.08)^10
= 2.158924997
or
= 2.16
Future value of annuity factor = (1 + K)^n -1 ÷ K
= ((1 + 0.08)^10 - 1) ÷ 0.08
= 1.158924997
÷ 0.08
= 14.487
Future value of the cost of property = Purchase amount of a home × Future value
= $320,000 × 2.16
= $691,200
Future value of recurring cost = Future value of payment if property purchased × Future value of annuity factor
= $4,550 × 14.487
= $65,915.85
Total value of payment = Future value of the cost of property + Future value of recurring cost
= $691,200
+ $65,915.85
= $75,7115.85
Future value of the payment in property taken on rent
The Total value of the payment in 10 year when the property taken on rent = Amount using per year × Future value of annuity factor
= $25,800 × 14.487
= $373,764.6
The amount incurred in both the methods will be the same if the property can be sold = Total value of payment - Total value of the payment in 10 year when the property was taken on rent
= $75,7115.85 - $373,764.6 0
= 383351.25
finally,
The annual price escalation = Future value of the cost of the property - Purchase amount of home
= $691,200 - $320,000
= $371,200
What is a consumer in business
Answer:
Consumers are defined as individuals or businesses that consume or use goods and services.
Explanation:
Answer:
consumer is someone who uses, consumes goods and/or services. consumer is also someone who is involved in obtaining, consuming, and disposing of products and services, including the decisions that precede and follow up on those actions.
2. What is the main advantage of having workplace procedures? (1 point)
O They help make new employees feel welcome.
O The help the workplace run more efficiently.
O They help the managers discover problems and solutions.
O They help job-seekers fill out applications for employment.
The main advantage of having workplace procedures is that they help the workplace run more efficiently. Workplace procedures provide clear guidelines and instructions for employees on how to perform their tasks and responsibilities, reducing confusion and errors. This can increase productivity, reduce downtime, and improve overall organizational performance. Additionally, it can also help to create a more consistent and predictable work environment.
The main advantage of having workplace procedures is that they help the workplace run more efficiently. Therefore, option B is correct.
Workplace procedures are structured and documented guidelines that outline the specific steps, processes, and protocols to be followed in carrying out tasks and activities within a work environment.
They serve as a framework for standardizing operations, ensuring consistency, and promoting efficiency. Workplace procedures help establish clear expectations, reduce errors and misunderstandings, improve productivity, and enhance overall workflow.
They provide a systematic approach to handling routine tasks, addressing safety concerns, resolving conflicts, and implementing best practices.
Additionally, workplace procedures facilitate effective training and onboarding of new employees, enable effective management of resources, and contribute to a more organized and productive work environment.
Therefore, option B is correct.
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Western Electric has 31,500 shares of common stock outstanding at a price per share of $78 and a rate of return of 13.05 percent. The firm has 7,250 shares of 7.70 percent preferred stock outstanding at a price of $94.50 per share. The preferred stock has a par value of $100. The outstanding debt has a total face value of $401,000 and currently sells for 110.5 percent of face. The yield to maturity on the debt is 8.05 percent. What is the firm's weighted average cost of capital if the tax rate is 40 percent
Answer:
WACC = 11.13%
Explanation:
total market value common stocks = 31,500 x $78 = $2,457,000
total market value of preferred stock = 7,250 x $94.50 = $685,125
total market value of debt = $401,000 x 1.105 = $443,105
total = $3,575,230
Rcs = 13.05%
Rps = $7.70 / $94.50 = 8.15%
Rd = 8.05%
WACC = ($2,457,000/$3,575,230 x 13.05%) + ($685,125/$3,575,230 x 8.15%) + ($443,105/$3,575,230 x 8.05% x 60%) = 8.968% + 1.562% + 0.6% = 11.13%
A company that makes childcare products launches a series of health drinks for mothers under the same brand name. What kind of brand development is this?
A.
line extension
B.
brand extension
C.
price skimming
D.
price penetration
Answer:
brand extension
Explanation:
PA6. 6.3 Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $25 per unit and $40 is used in direct labor, while the direct material for the double is $40 per unit, and the labor cost is $50 per unit. Box Springs estimates it will make 5,000 twins and 9,000 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: How much does each unit cost to manufacture?
The cost to manufacture Twin is $ 210 per unit and Double is $ 132 per unit.
Why does manufacture mean?Making something in a factory, typically in big quantities, is referred to as manufacturing it. The business makes plastics.
Briefing:Twin Double
Direct material 25 35
Direct labor cost 35 55
Overhead 150 42
Total per unit 210 132
Workings:
Activity Activity rate
Framing 25=175000/(6000+1000)
Padding 1=240000/(130000+110000)
Filling 0.4=320000/(450000+350000)
Labelling 0.2=250000/(800000+450000)
Inspection 11=187000/(12000+5000)
Activity Twin Double
Framing 150000 25000
Padding 130000 110000
Filling 180000 140000
Labelling 160000 90000
Inspection 132000 55000
Total overhead 752000 420000
Divide by units 5000 10000
Overhead per unit 150 42
Activity Twin Double
Framing = 6000*25 = 1000*25
Padding = 130000*1 = 110000*1
Filling = 450000*0.4 = 350000*0.4
Labelling = 800000*0.2 = 450000*0.2
Inspection = 12000*11 = 5000*11
The cost to manufacture Twin is $ 210 per unit and Double is $ 132 per unit.
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Apply any five factors that should be considered when Pick n Pay chooses locations for its Boxer stores in South Africa.
Five factors that should be considered when Pick n Pay chooses locations are:
population density,income levels,competition,accessibility,infrastructure development.What is the important factors to consider when selecting locations?When selecting locations for Boxer stores in South Africa, Pick n Pay should consider the population density in a particular area. Higher population density typically translates to more potential customers and a larger customer base for the store.
The income levels play a crucial role in determining the purchasing power of the local residents. Areas with higher income levels may be more attractive for Boxer stores as they are likely to have customers who can afford to shop regularly.
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What is the correct entry for a $100 purchase of supplies on credit?
a) Debit Cash: $100 & Credit Supplies: $100
b) Debit Accounts Payable: $100 & Credit Cash: $100
c) Debit Supplies: $100 & Credit Accounts Payable: $100 Debit Accounts Payable: $100 & Credit Supplies: $100
d) Debit Accounts Receivable: $100 & Credit Cash: $100
the correct answer to this problem is c
The entry will include Debit Supplies for $100 and Credit Accounts Payable for $100.
A purchase of supplies on credit will be treated as Account payable under journal entry because you are the Debtor will $100 for supplier who is the Creditor.
Thus, the journal entry is recorded as below.Date Account & Explanation Debit Credit
Supplies $100
Account payable $100
(Being a record to record purchase credit)
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Outline the initiatives that Woolworths have chosen, use to lessen their impact on environment.
Explain the relationship between profitability objective and other objectives of business.
Explanation:
Higher profits allow a company to pay higher wages, distribute more dividends to shareholders, and weather an economic downturn. Many other goals, such as improving corporate image and increasing market share, can be used to maximize long-term profit.
Ohanian says that when using social media to accomplish a mission, be
aware that you will likely:
OA. tell lies to get what you want.
OB. spend thousands of dollars.
C. spread disingenuous sentiments.
OD. lose control of your message.
Answer:
D. Lose control of your message