Answer:
<em>New Buy</em>
Explanation:
A new buy <em>is a situation that requires an item to be purchased for the very first time. </em>
It is crucial for the business seller to provide a compelling argument in this type of purchasing situation to use their product line and a lot of information to help the business owner make an informed choice.
A new buy scenario can take much longer to happen as participants in the research evaluation and purchase center will have to make the final decision.
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Answer:
Debit Retained Earnings $5,880; credit Common Dividends Payable $5,880.
Explanation:
Based on the information given the appropriate
Journal entry for the dividend declaration will be:
Debit Retained Earnings $5,880
Credit Common Dividends Payable $5,880.
(To record dividend declaration)
$0.70 * (14,000 shares - 5600 shares)
= $0.70*8,400
=$5,880
Answer:
The answer is B.) Mutual Funds on PLATO (:
Explanation:
Answer:
$30
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Here, one has the option of either paintballing or attending a concert. If one goes paintballing , the opportunity to attend the concert is forgone. Thus, the opportunity cost is the cost of the concert tickets- $30.
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