Answer:
Explanation:
The journal entries are shown below:
On 1 June 2020
Accounts receivable A/c Dr $50,925
To Sales revenue $50,925
(Being goods are sold on credit)
On July 12 2020
Cash A/c Dr $50,925
To Accounts receivable A/c $50,925
(Being cash received is recorded)
The computation is shown below:
= Sales amount - discount
= $52,500 - $1,575
= $50,925
And, The discount = Sales amount × discount rate
= $52,500 × 3%
= $1,575
Answer:
a) 10
b) 85
Explanation:
a)
The safety stock is gotten by multiplying the standard deviation with the appropriate z value (demand and service level).
THe z coefficient of service level of 95% is 1.64
So we multiply the SD (standard deviation) with 1.64
Safety Stock = 6 * 1.64 = 9.84 = 10
b)
Now, the reorder point.
Reorder Point = Lead Time Demand + Safety Stock
It is already given that Lead TIme Demand is 75 and we found Safety Stock to be 10, so:
Reorder Point = 75 + 10 = 85
False, since higher prices pushes away consumers but lower prices increases consumers.
Inflation is d) a microeconomic issue.
<h3>
What is inflation?</h3>
Inflation can be describ3ed as the rise in the price of goods as well as well as services which is an incessant increase.
However, Microeconomics explores issues that relates to the decision on how families make them as regards to what to buy and how much to save, hence Inflation is a microeconomic issue.
Therefore, option D is correct.
Learn more on Inflation at:
brainly.com/question/8149429
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Answer: we can conclude Chuy plans to save $55 a week
Explanation:
