The approach that Mr. McKay is using in the setting is the
problem based learning. The PBL or the Problem based learning is defined as a
student centered pedagogy by which students are likely to learn a particular subject
based from the experience of having to solve open ended problem found in a
material that triggers it.
Answer:
b. $660,000.
Explanation:
Deferred revenues or unearned revenues refer to money that a company received in advance for goods or services that it still has delivered or provided. In this case, the company hasn't provided services for years 2017, 2018 and 2019 = $200,000 + $320,000 + $140,000 = $660,000
Market is more for everyone working as a group and entrepreneurship is when there is one owner that works
Answer: $3,940
Explanation:
Purchase from Diamond
The company received a discount of 2% because they paid within 10 days as per the terms of the sale.
Cost of inventory from Diamond:
= (Cost of goods - Returns) * (1 - 2%)
= (4,100 - 1,100) * 98%
= $2,940
Purchase from Club
Discount period expired so the full $1,000 is paid.
Total inventory cost:
= 2,940 + 1,000
= $3,940
