Answer:
Interest expense $ 11.15
Explanation:
As the bank uses the average daily balance excluding new purchases we should use that amount to solve for the interest expense.
The rate is one and a half percent therefore, 1.5% --> 0.015
principal x rate = interest
$743 x 0.015 = $ 11.145
Answer:
The correct answer is option d. to increase the shares outstanding.
Explanation:
A company can repurchase its previously purchased stocks to resell to the employees, for bonuses to employees and to even support the market price of the stock.
But the company certainly will not repurchase its previously purchased stocks to increase the shares outstanding.
I hope the answer is helpful.
Thanks for asking.
Answer:
d. All of these answer choices are correct.
Explanation:
Is important to match the expenses with the revenues they are related. If for tax purposes we can deduct a full equipment value in one year. This means we are goung to pay higher income taxes in the future as we don't have the depreciation expense available for taxes porpuses.
The use of deferred incoem tax will be useful to knwo how much are the actual cash obligation and the expected value of the future cash obligations
Answer:
D: Loss leading
Explanation:
Loss leading or the loss leaders is the concept where we decree the price of certain well known and popular products to such a level that customers are amazed. We even start selling that product below its cost as well. The basic logic behind loss leaders is to increase the store traffic and therefore increasing the sales. For example, if everyone is selling eggs at $2 per dozen, and you get it at $1.5 from the whole seller then you can either sell it at the same amount on which you purchasing it from the whole seller, at $1.5 or even below than this at £1.3. People knows that eggs are usually sols at $1.5 but your concept of loss leading will attract them towards your store, and besides purchasing eggs at $1.3, they will also but many other high profit margins products as well.
A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.
Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.
What is E-commerce?
- E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet.
- These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
- E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
- The widespread use of e-commerce sites like Amazon and eBay over the past 20 years has significantly boosted the growth of online retail. According to the U.S., e-commerce made up 5% of all retail sales in 2011.
To know more about E-commerce visit:
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