The best argument to persuade Joey to buy the 4-wheeler is to inform him that keeping the money in a savings account would cause that money to loose value overtime (due to interest rates). Therefore, to ensure the best use of the $1000, it is ideal to use that money rather than save it.
The choice b is the answer
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Answer:
B- a savings account
Explanation:
The savings account is liquid and it offers cash to be withdrawn from bank when needed. Keeping huge amount of cash in the house is not safe. The best way is to keep money in the savings account, as it offers liquidity as well as fixed returns annually. This will be safer and easier way to store emergency cash.
Answer:
C) $13,167
Explanation:
Since the sales was made FOB destination, the freight charges were included in the invoice, so the total purchase was $13,300.
Horton uses the net method of accounting for purchase discounts, so it will always record the inventory purchases with the applicable discount whether they received them or not.
$13,300 x 99% = $13,167
Since Horton was unable to pay in time, the $133 discount is recorded as a discount lost (expense account).
Answer:
E
Explanation:
Controlling is not closely related to the four functions of management. Planning, organizing, leading, and motivating are all functions of management. Being controlling is not an aspect of being a successful manager.
