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2 years ago

One test of evidence is "does the evidence come from unbiased sources?"

1 answer:

7 0

That statement is true.
If the statement come from a biased sources, the statement will be catered in a such a way to shine a positive light towards a certain person or establishment.
This makes the final report/writing became extremely unreliable.
Example of biased sources, news station that only tell good story about a specific party.

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Golf Guide sells imprinted clothing and accessories for golfers through a catalog. To find new customers, Golf Guide sends a sma

kherson [118]

Answer:

Cost per customer acquired = $51.67

Explanation:

Customer acquired per thousand pieces mailed = 1000*6% = 60

Total cost per thousand pieces mailed A $3,100

Divide by Customers acquired B <u> 60 </u>

Cost per customer acquired A/B <u> $51.67</u>

7 0

3 years ago

Hernandez Company had the following transactions during 2020, its first year in business:

Trava [24]

Question Completion:

Prepare Journal Entries.

Answer:

Hernandez Company

Journal Entries:

January 2 Debit Cash $1,512,000

Credit Common stock $630,000

Credit Additional Paid-in Capital-Common stock $882,000

To record the issuance of 42,000 shares of $15 par common stock for $36 per share.

April 3 Debit Cash $ 776,000

Credit Preferred stock $560,000

Credit Additional Paid-in Capital-Preferred stock $216,000

To record the issuance of 8,000 shares of $70 par preferred stock for $97 per share.

October 6 Debit Treasury Stock $30,000

Debit Additional Paid-in Capital-Common stock $28,000

Credit Cash $58,000

To record the repurchase of 2,000 shares of treasury stock for $29 per share.

December 9 Debit Cash $3,850

Credit Treasury stock $1,650

Credit Additional Paid-in Capital-Common stock $2,200

To record the reissuance of 110 shares of treasury stock for $35 per share.

Explanation:

a) Data and Analysis:

January 2 Cash $1,512,000 Common stock $630,000 Additional Paid-in Capital-Common stock $882,000

issuance of 42,000 shares of $15 par common stock for $36 per share.

April 3 Cash $ 776,000 Preferred stock $560,000 Additional Paid-in Capital-Preferred stock $216,000

issuance of 8,000 shares of $70 par preferred stock for $97 per share.

October 6 Treasury Stock $30,000 Additional Paid-in Capital-Common stock $28,000 Cash $58,000

repurchase of 2,000 shares of treasury stock for $29 per share.

December 9 Cash $3,850 Treasury stock $1,650 Additional Paid-in Capital-Common stock $2,200

re-issue of 110 shares of treasury stock for $35 per share.

4 0

2 years ago

A coffee shop buys 2000 bags of their most popular coffee beans each month. The cost of ordering and receiving shipments is $12

aleksley [76]

Solution :

The optimal order quantity, EOQ = $\sqrt{\frac{2 \times \text{demand}\times \text{ordering cost}}{\text{holding cost}}}$

EOQ = $\sqrt{\frac{2 \times 2000 \times 12}{3.6}}$

= 115.47

The expected number of orders = $\frac{\text{demand}}{EOQ}$

$=\frac{2000}{115.47}$

= 17.32

The daily demand = demand / number of working days

$=\frac{2000}{240}$

= 8.33

The time between the orders = EOQ / daily demand

$=\frac{115.47}{8.33}$

= 13.86 days

ROP = ( Daily demand x lead time ) + safety stock

$=(8.33 \times 8)+10$

= 76.64

The annual holding cost = $\frac{EOQ}{2} \times \text{holding cost}$

$=\frac{115.47}{2} \times 3.6$

= 207.85

The annual ordering cost = $\frac{\text{demand}}{EOQ} \times \text{ordering cost}$

$=\frac{2000}{115.47} \times 12$

= 207.85

So the total inventory cost = annual holding cost + annual ordering cost

= 207.85 + 207.85

= 415.7

6 0

2 years ago

On May 1, 2015, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2015, and pay interest

vivado [14]

Herron Corp

A. Journal entry

Dr Cash 600,000

Cr Bonds Payable 600,000

B. Adjusting entries as at Dec 31, 2015

Dr Interest Expense 9,000

Cr Interest Payable ($600,000 x 9% x 2/12) 9,000

C. Balance sheet as at December 31, 2015

Current liabilities

Interest Payable 9,000

Long term Liabilities

Bonds Payable 600,000

D. Journal entry as at May 1, 2016

Dr Interest Expense ($600,000 x 9% x 4/12) 18,000

Dr Interest Payable 9,000

Cr Cash 27,000

(e) Journal entry Nov 1, 2016

Dr Interest Expense 27,000

Cr Cash ($600,000 x 9% x 1/12) 27,000

F. Bonds at 102 on Nov 1,2016

Dr Bonds Payable 600,000

Dr Loss on Bond Redemption 12,000

Cr Cash ($600,000 x 1.02) 612,000

4 0

3 years ago

Have a nice day! (and 100 pts)

zysi [14]

Thanks for the points!

5 0

2 years ago

Read 2 more answers