All of Martin's friends recognize that he knows a lot about cars. He is very up-to-date on new models and knows about the performance and reliability of almost every car. His friends often ask Martin for his guidance when they are in the market for a new car. Martin can be considered a(n) _________ in regard to automobiles.
a. action leader b. decision guider c. opinion leader d. category influencer
The correct answer is Martin can be considered an opinion leader in regard to automobiles.
A person with trust from their audience, industry knowledge, and authority is referred to as an opinion leader. This prominent individual has the power to shape consumer perceptions.
Key opinion leaders (KOLs) are individuals or groups with such high social standing that decision-makers pay attention to their advice and viewpoints. Politicians, columnists, and well-known celebrities are excellent examples of key opinion influencers.
Opinion leaders are people with social clout in a group who frequently act as the centre of a network of interpersonal communication. These leaders frequently serve as role models for others and are highly regarded for their ideas and actions because they are seen as reliable and trustworthy.
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one approach to positioning a new product in a market is ____ positioning, which involves competing directly with competitors on similar product attributes in the same target market.perceptualhead-to-head (chosen)psychologicaldifferentiationmarket
One approach to positioning a new product in a market is head-to-head positioning, which involves competing directly with competitors on similar product attributes in the same target market.
What is head-to-head positioning?
When two items have comparable qualities, prices, and features, the maker must come up with a way to set his product apart from the competition. The strategy ought to be centred on something that gives the buyer an advantage. A marketing and advertising campaign could emphasise a product's quicker shipping times, better customer support, or a wider range of colours and sizes.
Analysis and comprehension of the needs of the customer and the competitive landscape are the first steps in developing effective positioning and differentiation strategies. Marketing campaigns need to be planned to reach the target audience and have a goal and a focus, such as an emphasis on pricing or quality.
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Suppose the government issues bonds to finance an increase in government spending. In the bond market,
a. the supply curve shifts right, leading to a decrease in bond prices, and an increase in interest rates.
b. the supply curve shifts left, leading to an increase in bond prices, and an increase in interest rates
c. the demand curve shifts right, leading to an increase in bond prices, and a decrease in interest rates
d. the demand curve shifts left, leading to a decrease in bond prices, and an increase in interest rates
The correct option is C.
If the government issues bonds to finance an increase in government spending. In the bond market, the demand curve shifts right, leading to an increase in bond prices, and a decrease in interest rates
What is a bond?A bond is a loan security, similar to an IOU. Borrowers issue bonds to grow money from investors wishful to loan them money for a Definite amount of time.
When you purchase a bond, you are lending to the issuer, which may be a government, municipality. In return, the issuer promises to pay you a specific rate of interest throughout the life of the bond and to repay the principal, also known as face value of the bond, when it "matures," after a set period of time.
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List the steps in cost variance analysis, with the first step on top.
1. Prepare reports 2. Analyze variances 3. Q&A 4. Take action
In the cost variance analysis, the list of the steps in order is:
Prepare reportsAnalyze variancesQuestions and answersTake actionWhat is Cost Variance Analysis?Cost variance analysis is one of the budgeting methods that can be used by companies. This method is used by companies to see if there are costs that do not normally occur to the company or irregurality. This cost variance method can also be used to see if there is fraud in the company. The method used to carry out this method is to look at the difference between the amount of money allocated by the company and the total money used by the company.
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TRUE/FALSE. project partnerships can be advantageous to both the client and the vendor, in terms of improved project execution, flexibility, and reduced bid administration.
project partnerships can be advantageous to both the client and the vendor, in terms of improved project execution, flexibility, and reduced bid administration. The statement is true.
Explain project partnership.
An effective collaboration is built on strong communication. Communication is crucial at every stage of a project, including during meetings, requirements documentation, budget and progress reports, and all subsequent emails and phone conversations. Your technology company's time spent corresponding with you is included in the total cost of the project.
To ensure that everyone is on the same page, setting project limits early on is just as important as having the conversation about establishing the partnership. The project will remain on budget and on schedule if such constraints are respected, notwithstanding the emergence of fresh concepts and other competing demands.
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the xbrl defines the relationships between each element such accounts payable being a component of current liabilities and current liabilities, in turn are a component of total liabilities.
the xbrl taxonomy defines the relationships between each element such as accounts payable being a component of current liabilities and current liabilities, in turn, being a component of total liabilities.
The XBRL (eXtensible Business Reporting Language) framework is a free and universal method of exchanging business data. The semantic meaning that is frequently required in corporate reporting can be expressed using XBRL. The language is XML-based and makes use of XML Schema, XLink, XPath, and Namespaces, as well as other related XML technologies. Defining and exchanging financial data, such as a financial statement is one application of XBRL. XBRL International, Inc. created and released the XBRL Specification (XII).
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The goods must conform to the contract description; be fit for the purposes for which it is intended be even kind quality, and quantity be adequately labeled; and conform to label description. If a seller knows a buyer has a particular purpose for a good and the buyer relies on the sellers skill or judgement in selecting a good an implied warranty of fitness for a particular purpose may be created.
"The goods must conform to the contract description....purpose may be created" : The implied warranties of merchantability and suitability for a particular purpose are both provided by the UCC.
Give a brief account on Uniform Commercial Code.A uniform set of rules and legislation for business transactions is known as the Uniform Commercial Code (UCC). The proliferation of state rules made it more and more challenging for businesses to conduct interstate business, which led to the creation of the UCC code in 1953.Because it establishes a consistent legal and contractual framework for business transactions between companies based in different states, the Uniform Commercial Code (UCC) is essential. The UCC laws have been completely embraced by the vast majority of US states. There are nine separate articles in the UCC code, albeit some small differences exist between states.
Personal property sales and a variety of other transactions are governed by Uniform Commercial Code (UCC) laws. It's likely that you have signed a UCC-1 declaration if you've ever bought a business or a car. Up until the loan is repaid, the lender retains ownership of the title. Small enterprises and independent contractors are a major focus of the regulations established by the Uniform Commercial Code (UCC). Uncertainty regarding the potential separate regulation of such businesses by each state is one of the goals of this policy.
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The channel of distribution consists of ___________, who assist in moving goods and services from producers to businesses and from businesses to consumers.
a) refurbishers
b) promotional companies
c) brand managers
d) marketing intermediaries
The channel of distribution consists of marketing intermediaries who assist in moving goods and services from producers to businesses and from businesses to consumers.
Who facilitates the transfer of products and services from producers to businesses and from businesses to consumers?Supplying Products The Development of Marketing Agents Organizations that help move goods and services from producers to businesses and from businesses to consumers are marketing intermediaries, sometimes known as middlemen.
The marketing channel, also known as the channel of distribution, is made up of these intermediaries, such as middlemen (wholesalers, retailers, agents, and brokers), distributors, or financial intermediaries. These intermediaries generally enter into longer-term obligations with the manufacturer.
Typically, intermediaries like wholesalers, merchants, or brokers serve as the link between producers and the final consumer. The middlemen can be either businesses or regular people.
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import standards on certain countries and blanket standards are solutions that some countries use to address
Import standards on certain countries and blanket standards are solutions that some countries use to address differing labor or environmental standards.
Give a brief about import in business.
An export from the sending country is an import into the receiving nation. The two financial operations that best describe international commerce are import and export.
Imports are transactions in which non-residents sell products and services to a resident of a jurisdiction (such as a country).
Imports are precisely defined in national accounts to include and exclude particular "borderline" situations.
Importation is the process of purchasing goods or services from a market or nation other than one's own. Because they enable a nation to fill its market with goods from other nations, which may be limited, expensive, or of low quality, imports are crucial to a nation's economy.
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Complete the sentences with the correct terms. Some terms may be used more than once, and some may not be used at all.
The Fed ....... controls the money supply through open market operations. For instance, when the Fed buys bonds, this ...... in demand for bonds causes nominal interest rates to ...... . When the Fed buys bonds, bank reserves ........, which reduces the need for banks to borrow. This causes the federal funds rate to ....... .
Decrease, indirectly, increase, directly
Through open market operations, the Federal Reserve indirectly regulates the money supply. When the Federal Reserve buys bonds on the open market, the demand for bonds rises.
As a result of the demand curve's movement to the right, the nominal interest rate will drop. The number of bank reserves increases along with the bond purchase. Due to banks' surplus reserves, which lowers the federal funds rate, banks are now under less pressure to borrow money.
To guarantee that the financial system supports a strong economy for American people, communities, and companies, the Federal Reserve analyzes financial system risks and actively participates at home and abroad.
This is so that the demand curve may demonstrate the price at which consumer responsiveness declines and the price at which the greatest demand is elicited.
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at a project completion meeting, alex, an employee at salont technologies, was called on without a prior notice to present the methods used for completing the project successfully. being an experienced speaker, he easily analyzed the request and delivered a simple, yet effective presentation. in this scenario, which of the following presentation styles did alex use?
The impromptu presentation style
In this scenario, Alex used the impromptu style of presentation. An impromptu presentation is a presentation in which a speaker is called on without prior notice. See 12-4: Refining Your Delivery.
Speaking spontaneously, as when someone is asked to "say a few words," is known as impromptu speaking. Extemporaneous speaking entails using notes to deliver a speech in a conversational style. The majority of speeches demand for this format.
What exactly does spontaneous style entail?
A free-form musical composition with the quality of an ex tempore improvisation as though inspired by the spirit of the moment is known as an impromptu (/mprmptju/; French: [ppty], loosely translating as "offhand"). Improvisations are typically composed for a solo instrument, such as the piano.
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which of the following is a benefit an organization can receive from outsourcing? group of answer choices financial savings increase technical abilities market agility all of the above
The benefit an organization can receive from outsourcing is all of the above
What is Outsourcing?Outsourcing can be described as the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees.
In this case the practice is been undertaken by companies as a cost-cutting measure however It should be noted that Outsourcing can be described as the agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally, which could involves transferring employees and assets from one firm to another.
Therefore, option D is correct.
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Just in Thyme, Inc. has the following December 31, 2018 equity balances: Common stock of $20,000 Additional paid-in capital of $30,000 and Retained earnings of $50,000. If Just In Thyme repurchases shares of its stock for $10,000, the total stockholders' equity balance would equal:
A. $60,000
B. $90,000
C. $110,000
D. $40,000
The total value of stockholder's equity would be $90,000, considering paid-up capital and retained earnings.
Calculation:
common stock =$20,000
paid-up capital = $30,000
retained earnings = $50,000
Repurchase of stock = $10,000
Total stockholder's equity would be = $30,000+$50,000+10,000 = $90,000
Equity, also known as shareholders' equity, is the sum of money that would remain in the hands of a company's shareholders once all of the firm's profits have indeed been sold along with all the debt has been settled, in the event of a liquidation. It is the worth of company sales excluding any obligations owing by the company which were not moved with sale in the case of an acquisition. Additionally, a company's book value may be represented through shareholder equity. Equity may occasionally be given in exchange for cash. Additionally, it symbolizes the proportionate possession of a remaining stock.
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predatory pricing is illegal in the united states under both the sherman antitrust act and the federal trade commission act. occurs when there are many firms competing for customers in a given market, but their products are differentiated. is legal in the united states. is legal in the united states when a company wants to set a very low price to drive its competition out of business. occurs when a firm sets a very high price for one or more of its products.
It is illegal in the United States under both the Sherman Antitrust Act and the Federal Trade Commission Act
It is an illegal act. It refers to setting lower price to earn monopoly in the market is an accurate description of predatory pricing.
The Sherman Antitrust Act of 1890 is a u.s. antitrust law that prescribes the guideline of unfastened opposition among those engaged in commerce. It became handed by using Congress and is known as for Senator John Sherman, its important creator.
The Sherman Anti-believe Act legal the federal authorities to institute complaints against trusts for you to dissolve them. Any mixture "within the shape of agree with or otherwise that changed into in restraint of change or commerce many of the numerous states, or with overseas countries" changed into declared illegal.
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under patty's leadership the bank of bramblewood would like to increase its loans to customers, but its resources are currently limited by a high reserve rate. as a federal reserve member bank, it will borrow additional funds from the fed and charge its customers an interest rate that is higher than the
The complete sentence is - "As a Federal Reserve member bank, it will borrow additional funds from the Fed and charge its customers an interest rate that is higher than the discount rate".
What is Federal Reserve?The Federal Reserve System is the United States of America's central banking system.
The Federal Reserve analyzes financial system risks and engages in domestic and international activities to assist guarantee that the system maintains a healthy economy for US individuals, communities, and enterprises.
The Bank of Bramble wood, led by Patty, would want to boost its consumer loans, but its funds are presently constrained by a high reserve rate. It will acquire more funds from the Fed as a Federal Reserve member bank and charge its clients an interest rate greater than the discount rate.
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briefly state the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly. into which of these market classifications does each of the following most accurately fit? in each case, justify your classification.
The correct answers are Oligopoly, oligopoly, pure competition, monopolistic, oligopoly respectively.
What is oligopoly?A market with an oligopoly has a small number of businesses that are aware of their interdependence in terms of price and production strategies.
Each company has a reasonable amount of market power due to the modest number of enterprises.
There are essentially two major strategies for solving this issue. The first is to presume that businesses interact with one another. To increase their combined monopolistic earnings, they conspire.
The second is to presumptively presume that businesses act independently or antagonistically. The foundation of oligopoly theory is the analysis of oligopoly behavior under the non-cooperative assumption.
There is a distinction drawn between models of non-cooperative oligopoly where companies pick quantity and models where they determine pricing.
The terms Cournet models and Bertrand models are frequently used to describe quantity-setting models.
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which of the following differs between aggregate planning in services and aggregate planning in manufacturing?
The perishability of capacity differs between aggregate planning in services and aggregate planning in manufacturing. Aggregate planning is concerned with figuring out how much production will be produced and when it will be produced. An aggregate plan typically has a timing range of three to eighteen months.
A technique for creating a comprehensive manufacturing plan that guarantees continuous production at a facility is called aggregate planning. A 3- to 18-month time frame is commonly used for aggregate production planning. Typically, aggregate planning is done for a period of 12 months. Employing temporary labour, letting staff go for a set amount of time, or cross-training personnel are a few examples of aggregate planning. This serves as a useful benchmark for assessing resource use and implementation. The word "aggregate" denotes planning for a single overall output measure or, at most, a small number of aggregated product categories. Aggregate planning, then, is the process of matching plant capacity with demand in order to reduce production costs. Aggregate planning has a number of advantages for your company, including being a successful strategy for both commodities and services. It minimizes operational expenses by matching production capacity with production demand. It maximizes a company's output and effectiveness. A group of individuals without any other relationship to one another who just happen to be in the same area at the same time is known as an aggregate. An example of an aggregate, not a group, would be the people gathered in a restaurant on a certain evening.
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A company has achieved the level ____ responsibility when it has met its ethical, legal, and economic responsibilities.
a. altruistic
b. societal
c. global
d. philanthropic
e. munificent
A company has achieved the level of Philanthropic responsibility when it has met its ethical, legal, and economic responsibilities.
What is Philanthropy?Philanthropy refers to philanthropic activities or other good deeds that benefit others or society as a whole. Charity includes donating money to a legitimate cause or voluntarily donating time, effort, or other forms of ethical altruism.For example, giving food to someone suffering from famine is charity. Food helps people temporarily, but they will be hungry again in the future.Teaching humans how to grow food is a philanthropic activity to end the social problems that cause human hunger. But while philanthropists have sought to foster connections among members of American society, they don't always see their work in the same ethical way. In the country's short history, we've seen her three distinctive philanthropic traditions.Peace of mind, improvement, social reform.To learn more about philanthropic from the given link :
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TRUE/FALSE if a student leaves a book bag in class by accident and the professor takes possession to safeguard the bag, a bailment has been formed.
if a student leaves a book bag in class by accident and the professor takes possession to safeguard the bag, a bailment has been formed-True
bailment
A bailment is a form of the legal relationship that focuses on the contractual transfer of assets or property from a bailor to a baile who voluntarily but temporarily gives up possession but not complete ownership. Even though no contract is formalized, a bailment is a type of contractual relationship. The person receiving the property (the "bailee") has custody and control over it for a certain amount of time, during which he or she is responsible for taking reasonable care of it.
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it is especially important for startup companies to create and follow a well-designed e-commerce strategy. which of the following is the last phase in a well-designed strategy?
It is especially important for startup companies to create and follow a well-designed e-commerce strategy. Therefore, the last phase in a well-designed strategy is: C. mobile platform planning and implementation.
What is a business information system?A business information system (BIS) can be defined as a collection of computer systems and Human Resources (HR) that is used by a business organization, e-commerce firm, or manager to obtain, store, compute, and process data, as well as the dissemination of information, knowledge, and the distribution of digital products from one location to another.
What are the components of a business information system?In Computer technology, there are different components of an business information system (BIS) and these include the following:
ProceduresHardwareSoftwareDataGenerally speaking, mobile platform planning and implementation should be the last phase of a well-designed e-commerce strategy because this would enable customers to shop and pay for goods remotely.
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Complete Question:
It is especially important for startup companies to create and follow a well-designed e-commerce strategy. Which of the following is the last phase in a well-designed strategy?
Multiple Choice
web development
web implementation
mobile platform planning and implementation
social media planning
If the people thought that many banks in a certain country were at or near the point of bankruptcy, then that country's real exchange rate
a.
would rise and its net exports would fall.
b.
would fall and its net exports would rise.
c.
and its net exports would fall.
d.
and net exports would rise.
Correct option is, b. would fall and its net exports would rise.
What is net exports?A nation with positive net exports makes more money from items sold abroad than it does from all of its imports. All of the products and services that a nation exports to other nations include goods, freight, travel, tourism, communications, and financial services. There are several reasons why businesses export their goods and services. If the goods open up new markets or widen current ones, exports can boost sales and profits and may even provide the chance to gain a sizeable portion of the worldwide market. Exporting businesses diversify their markets to reduce business risk. By extending operations to accommodate rising demand, exporting to international markets can also lower per-unit costs.
Correct option is, b. would fall and its net exports would rise.
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assume that, on january 1, 2024, matsui company paid $2,376,000 for its investment in 66,000 shares of yankee incorporated further, assume that yankee has 330,000 total shares of stock issued. the book value and fair value of yankee's identifiable net assets were both $660,000 at january 1, 2024. the following information pertains to yankee during 2024:Net income $240,000Dividends declared and paid $72,000Market price of common stock on 12/31/2024 $29/shareWhat amount would Matsui report in its year-end 2024 balance sheet for its investment in Yankee?a. $1,608,000.b. $1,368,000.c. $1,329,600.d. None of these answer choices is correct.
The answer is: C. $2,422,200
Calculations:
Percentage of holdings of Matsui in Yankee= 66000/330000= 20%
Investment in Yankee
= Amount paid for investment + Share in net income-Share in dividends= 2376000+(330000*0.20)-(99000*0.20)= $2,422,200
What is investment?
Investing is using money to buy an asset and increase its value over a period of time. Making an investment requires sacrificing your current assets such as time, money and effort.
In finance, the purpose of investment is to make a profit on the money invested. Income consists of realized gains (profits) or losses on the sale of property or investments, appreciation (or depreciation) of unrealized capital, or investment income such as dividends, interest or rental income, or a combination of capital gains and income. may occur. Returns may also include currency gains or losses due to exchange rate fluctuations.
Investors generally expect higher returns from riskier assets. Low-risk investments usually have lower returns as well. Similarly, the higher the risk, the higher the potential for large losses.
Therefore, correct option is c: $2,422,200.
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White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $150 per unit (labor, $30: materials, $70: and overhead, $50). The sales price is $300 per unit. a. To achieve a 10 percent multifactor productivity improvement by reducing materials costs only, by what percentage must these costs be reduced? b. To achieve a 10 percent multifactor productivity improvement by reducing labor costs only, by what percentage must these costs be reduced? c. To achieve a 10 percent multifactor productivity improvement by reducing overhead costs only, by what percentage must these costs be reduced?
To achieve a 10 percent multifactor productivity improvement by reducing overhead costs 24.926% percentage must these costs be reduced
300 / 143 = 2.0979
2.0979*1.13 = 2.370629
300/2.370629= 126.54867
143-126.54867 = 16.451327
16.451327/66*100 = 24.926%.
productiveness is a degree of economic overall performance that compares the amount of products and offerings produced (output) with the amount of inputs used to supply the ones goods and services. productivity is the efficiency of production of goods or services expressed via a few measure. Measurements of productiveness are often expressed as a ratio of an mixture output to a unmarried enter or an combination enter used in a manufacturing system, i.e. output per unit of enter, commonly over a specific time period.
productiveness is commonly measured in output in step with employee or output according to worker consistent with hour. For a production enterprise, a measure of productiveness is probably the variety or price of the finished products every employee can produce within a given time.
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according to a 2014 survey of american adults by geoffrey brewer on gallup polls online, the fear of public speaking ranks even higher than which of the following sources of fear?
It is to be noted that according to a 2014 survey of American adults by Geoffrey Brewer on Gallup polls online, the fear of public speaking ranks even higher than snakes as a source of fear.
What is fear of public speaking?Public speaking anxiety is a prevalent type of anxiety. It might range from mild anxiety to paralyzing fear and terror. Many persons who suffer from this phobia avoid public speaking situations entirely, or they suffer through them with trembling hands and a quavering voice.
Glossophobia, or the fear of public speaking, is a fairly widespread phobia that affects up to 75% of the population. Some people suffer mild apprehension at the prospect of public speaking, while others experience full-fledged terror and fear.
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A country with a lot of land relative to its population may have a comparative advantage in: a. land-intensive activities. b. labor-intensive activities. c. technology-intensive activities. d. capital-intensive activities.
A country with a lot of land relative to its population may have a comparative advantage in: a. land-intensive activities.
A populace is any whole group with as a minimum one characteristic in common. Populations aren't simply humans. Populations may additionally encompass, however aren't limited to, human beings, animals, businesses, buildings, motor vehicles, farms, gadgets or occasions.
It could be a collection of people, items, activities, corporations, and many others. you operate populations to attract conclusions. parent 1: population. An example of a populace will be the entire scholar frame at a college. it would include all of the students who have a look at in that school on the time of facts series.
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Rooms or flights can be booked together when people are all coming to the same location at the same time, such as for a wedding or school trip. This best describes
catering event sales
convention and conference sales
group sales
meeting room sales
The best description of the notion that rooms or flights can be booked together for people going on the same trip is C. group sales.
What are group sales?Group sales refer to a selling strategy where a seller is able to sell their products to different people as a group. As a result of this sales as a group, there are often discounts thanks to the seller being able to pool costs.
An example of group sales is when different people go on a trip together and so book their flights, and rooms together. This allows them to save on costs because they would often get discount deals.
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TRUE OR FALSE the cost of equity for a firm is a weighted average of the costs of the different types of stock that the firm has outstanding at a particular point in time.
True, Instead of merely averaging the totals, the weighted averages of equity (Include another) assesses the value of equity disproportionately for a company.
What are a few financial applications of weighted averages?The quantity average price (VWAP), cost of debt (Weighted average capital), and exponential moving averaged (EMAs) used during charting are only a few of the weighted averages utilized in finance. Weighted averages are also used in the creation of portfolio weights as well as in the LIFO (last in, first) / FIFO (then in, first out) inventory techniques.
What does inventory mean?Inventory refers to all the products, services, and supplies that a business keeps on hand with the intention of reselling them for a profit. Example: Only the daily will be regarded as inventory if a newspaper provider utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
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Indifference curves cannot be concave to the origin because:a. consumers generally will prefer to have more of a good than less of a good.b. the satisfaction consumers get from consuming additional units of a good declines.c. the substitution effect holds across indifference curves.d. consumers must give up more of one good to obtain more of another good.
Due to the goods' influence on the indifference curves through substitution, they are not concave. The curve displays a reduced marginal rate of substitution and is nonetheless convex to the origin even if customers can swap one product for another.
An indifference curve is a graph that displays possible pairings of two goods or commodities that, when purchased in any combination along the curve, leave the buyer equally well off or happy. If you enjoy both hot dogs and hamburgers, for example, you might not care if you purchase 20 hot dogs and no hamburgers, 45 hamburgers and no hot dogs, or some combination of the two, such as 14 hot dogs and 20 hamburgers (see point "A" in the chart below). Either combination is equally useful. A combination of two items in different quantities that gives a person equal satisfaction (utility) is represented by an indifference curve.
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during 2021, its first year of operations, hollis industries recorded sales of $11,100,000 and experienced returns of $800,000. cost of goods sold totaled $6,660,000 (60% of sales). the company estimates that 9% of all sales will be returned. prepare the year-end adjusting journal entries to account for anticipated sales returns under the assumption that all sales are made for cash (no accounts receivable are outstanding).
The journal entries are shown below:
1. Sales revenue A/c Dr $128000
To Sales return and Allowances $128,000
(Being return sales is recorded)
The computation is shown below:
= Recorded sales × estimated returned percentage - experienced returns
= $10,600,000 × 8% - $720,000
= $848,000 - $720,000
= $128,000
2. Inventory A/c Dr ($128,000 × 60%) $76,800
To Cost of goods sold $76,800
(Being returned cost of goods sold recorded)
Journal entry- A journal entry is the act of recording any transaction, whether one that is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
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T/F 1. when a corporation issues bonds, the price that investors are willing to pay for the bonds depends on all of the following except
The price that investors are willing to pay for the bonds depends on the factors except b) the call price of the bonds.
The definition of a bonds is that they are security notes similar to IOU notes issued to the lenders, investors, or holder of the bonds stating that the issuer acknowledges a debt which which will be paid upon reaching maturity date along with the applicable interest which will also be paid over the time period specified in the bonds. Bonds may be issued by corporations or government in order to raise funds for certain projects and also to raise capital. Bonds can be purchased and sold and transferred from one party to another party before the maturity date in the secondary capital market, and traders or investors often take advantage of the bond price fluctuations by buying and selling them in order to profit from the price difference.
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Your question seems to be incomplete but I suppose your complete question was:
"When a corporation issues bonds, the price that investors are willing to pay for the bonds depends on all of the following EXCEPT
a) the periodic interest to be paid on the bonds.
b) the call price of the bonds.
c) the face amount of the bonds.
d) the market rate of interest."
