Answer: Cash $1,960
Sales returns and allowances $800
Sales discount $40
Accounts receivable $2,800
Explanation:
Sales = $2,800
Sales returns = $800
Discount rate = 2%
The final amount due will be:
= Sales- Sales returns
= $2,800 - $800
= $2,000
Sales discount = 2% × $2,000 = $40
Cash received will be:
Final amount due - Sales discount
= $2,000 - $40
= $1,960
The journal entry will be:
Debit Cash $1,960
Debit Sales returns and allowances $800
Debit Sales discount $40
Credit Accounts receivable $2,800
The size of the dividend per share of stock depend on : The corporation's profit
Dividend per share is calculated by : Total dividend / Total shares outstanding,
Which mean that dividend per share will increase if the total dividend increases.
Meanwhile total dividend will increased if the company gains more profit
Answer:
A price that includes both the cost of the product plus transportation to the buyer
Explanation:
Landed cost is defined as the total price of a product after it has arrived at a buyer's hands all the eay from the factory.<em> It considers the original price of the product, the transportation in land, air and ocean, customs, taxes, insurance, handling, fees, etc.
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Answer:
38.5%
Explanation:
Rf = 8.0%
Rm = 18.0%
Beta = 3.05
RRR ?
from the given data the capital asset pricing model will be used to calculate the RRR
RRR = Rf + β (Rm - Rf)
=8.0 + 3.05 (18.0-8)
=38.5%
