Answer:
B) the sale of goods to a customer.
Explanation:
When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.
For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:
Account Debit Credit
Cash $1,200
Sales Revenue $1,200
Cost of Goods Sold $1,000
Finished Goods Inventory $1,000
Email can be both formal or informal however face to face communication is usually most effective in business.
<span />
Answer:
Cross-functional team.
Explanation:
A cross-functional team is a group of people with different functional expertise working toward a common goal. It may include people from finance, marketing, operations, and human resources departments. Typically, it includes employees from all levels of an organization.
Answer: $57,000,000
Explanation:
The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:
= 19,000,000 * 15 * 0.2
= $57,000,000
<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>
Answer:
Cognitive dissonance
Explanation:
Cognitive dissonance is the term which occurs or happen when the tension arises among the attitudes or beliefs of the person and the decision that contradicts with those pre- existing thinking modes.
In short, it means that it occurs when a person select among the two equally unappealing or equally attractive options.
So, in this case, Bill thinks that he had received the best deal for the car, but after purchasing, he noticed the disadvantages of the car as he learned regarding the new cars. Therefore, he is experiencing the cognitive dissonance.
