DeBeers is called a channel leader. There is the strength, determination, knowledge, and management to control the industry. He/She has a talent and strategy on distributing and delivery of the business through networks. He/She knows that market very well enough to control the 90% as said.
Answer:
Journal Entries
Date Account Titles and Explanation Debit Credit
Oct. 1 Cash $34,040
Common Stock $34,040
(To record the cash is invested in the business)
Oct. 2 No Journal Entry $0
Oct. 3 Office Furniture $4,110
Accounts Payable $4,110
(To record the purchase of office furniture on account)
Oct. 6 Accounts Receivable $10,780
Service Revenue $10,780
(To record the services provided but cash is not yet collected)
Oct. 10 Cash $165
Service Revenue $165
(To record the services provided by cash)
Oct. 27 Accounts Payable $690
Cash $690
(To record the payment made on accounts payable
relating to office furniture)
Oct. 30 Salaries Expense $2,740
Cash $2,740
(To record the payment of salaries to the assistant)
Answer: Option A
Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.
In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.
Hence from the above we can conclude that the correct option is A.
Answer:
a.) psychiatric research
Explanation:
A research based on psychology is carried out with the sole purpose of analyzing the behavior of an individual or a group of individuals, based on their overall experiences. In this case, the research is also based on analyzing patients to see who is the best fir to participate in a community service project
Answer:
Explanation:
Depreciation cost :
2016: <u> expected useful life</u>
Cost - salvage value X usage
= <u>140,000</u>
24,300-700
=5.93*28,000 = $166,101.69
2017: <u>expected useful life</u>
Cost - salvage value X usage
= <u>140,000</u>
24,300-700
=5.93*33,000 = $195,762.71
Depreciation Expense:
2016:<u> (cost-salvage value)*actual activity performed</u>
total estimated useful life
= <u>(24,300-700)*28,000</u>
140,000
=$4,720
2017: <u>(cost-salvage value)*actual activity performed</u>
total estimated useful life
= <u>(24,300-700)*33,000</u>
140,000
=$5,562.86
