Answer: Arial. 12 and black
Explanation: It is the most professional and clear to read. It is very important to use fonts, sizes, and colors people can clearly read.
Answer:
Modified Rebuy
Explanation:
Modified Rebuy is the situation or circumstance of buying in which the organization or an individual purchase the goods that have been purchased or bought prior but changes either some other elements or supplier of the previous or prior order.
In this situation. the buyer wants the modification product specifications, suppliers, terms and prices.
So, in this case, Caribou is looking for the new supplier for the product it has bought in the past, which makes the situation of modified rebuy.
Answer and Explanation:
The journal entries are shown below
Jan 10
Account receivable Dr $8,180
To Sales revenue $8,180
(being goods sold on credit)
Here account receivable is debited as it increased the assets and credited the sales revenue as it also increased the revenue
Feb 9
7% Promissory note Dr $8,180
To Account receivable $8,180
(Being note received is recorded)
Here Promissory note is debited and account receivable is credited
Answer:
20.50 times
Explanation:
Cash coverage ratio = (EBIT + Depreciation) / Interest paid
Cash coverage ratio = ($1,640+$410) / $100
Cash coverage ratio = $2,050 / $100
Cash coverage ratio = 20.50 times
So, the cash coverage ratio for 2017 is 20.50 times
Contraction, which causes a decrease in economic activity.
