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3 years ago

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Using information about customers to create marketing strategies that develop and sustain desirable long-term customer relations

hips is known as

1 answer:

stiv31 [10]3 years ago

5 0

Relationship markting

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Which of the following statements about annuities are true?

viktelen [127]

Answer:

A)The first cash flow of an annuity due is made on the first day of the agreement.

D)The last cash flow of an ordinary annuity is made on the last day covered by the agreement.

Explanation:

An annuity can be regarded as a series of payments which is made at an stable intervals. It can be classified based on the payment frequency. These could be monthly home mortgage payments,

It should be noted that in annuities,

✓The first cash flow of an annuity due is made on the first day of the agreement.

✓The last cash flow of an ordinary annuity is made on the last day covered by the agreement.

6 0

2 years ago

Wilma, Betty, and Fred are partners who share income and losses in a 5:3:2 ratio. Wilma decides to retire from the partnership w

Hoochie [10]

Answer:

<u>debited</u>

Explanation:

Partnership refers to a mutual agreement wherein two or more individuals agree carry out a business and to share profits and losses in a specified ratio or as per the clauses of the partnership deed.

When partners retire, the balances standing to the credit of their capital accounts needs to be settled or paid off.

As per the given information, Wilma is paid $45000 in cash. The journal entry in this case would be:

Wilma's Capital A/C Dr. $45000

To Cash A/C $45000

For the remaining balance, Wilma shall be paid in cash as follows,

Wilma's Capital A/C Dr. $5000

To Cash A/c $5000

(Being settlement of a retiring partner's capital account being recorded)

3 0

3 years ago

Other financial data for the year ended December 31, 2019: Included in accounts receivable is $1,200,000 due from a customer and

Kipish [7]

Answer:

$5,055,000

Explanation:

Note: <em>The full question is attached below</em>

<em />

Particulars Amount

Cash $875,000

Accounts receivable $2,695,000

Less: Installments not due in 2021 <u>($600,000)</u> $2,095,000

[$1,200,000 - ($150,000 * 4)]

Inventory <u>$2,085,000</u>

Total of current assets <u>$5,055,000</u>

5 0

2 years ago

At December 31, 2017, Shorts Company had retained earnings of $2,184,000. During 2017, the company issued stock for $98,000, and

marta [7]

Answer:

Beginning retained earnings = $1816000

so correct option is C) $1,816,000

Explanation:

given data

retained earning = $2,184,000

issued stock = $98,000

paid dividends = $34,000

Net income = $402,000

to find out

retained earnings balance

solution

we know that Ending retained earnings equation is

Beginning retained earnings + Net income - Dividends = Ending retained earnings

put here value we get

Beginning retained earnings

so

Beginning retained earnings + $402,000 - $34,000 = $2,184,000

Beginning retained earnings = $1816000

so correct option is C) $1,816,000

7 0

2 years ago

a taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associate

elena55 [62]

If a taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associated with the investment. in such case, the taxpayer will pay a/an: Implicit tax.

<h3>What is Implicit tax?</h3>

Implicit tax can be defined as the extra amount that a person pay for an assets if the owing the assets does not include any form of benefit. on the other hand it can as well be defined as the decline in the income of a person after deducting all necessary deduction such as tax in a situation were the income of the person increase.

A taxpayer that choose top accept reduced market rate of return on their investment or assets due to the benefit they want to derived for doing that will have to pay implicit tax.

Therefore this is an example of implicit tax.

Learn more about implicit tax here:brainly.com/question/29436732

#SPJ1

3 0

1 year ago