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4 years ago

In _______, population starts out slowly, then increases rapidly, and eventually flattens out at the carrying capacity.

1 answer:

7 0

In logistic growth population starts out slowly, then increases rapidly, and eventually flattens out at the carrying capacity.

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On August 1, Greene Company purchased merchandise inventory on account with a list price of $25,000 and credit terms of 2/10, n/

Alekssandra [29.7K]

Answer:

August 1, merchandise purchased on account 2/10, n/30

Dr Merchandise inventory 25,000

Cr Accounts payable 25,000

Explanation:

If Greene paid within the discount period, the journal entry to record the payment would be:

August 2-11, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 24,500

Cr Purchase discounts 500

If Greene didn't paid within the discount period, the journal entry to record the payment would be:

August 20, payment of accounts payable

Dr Accounts payable 25,000

Cr Cash 25,000

5 0

3 years ago

Laura is a gourmet chef who runs a small catering business in a competitive industry. laura specializes in making wedding cakes.

quester [9]

<span>Laura should both reduce her variable costs and increase her total revenue. If she charged 10% more ($275 instead of $250) and reduced her variable costs by 10% ($162 instead of $180), she would nearly double her profits. She would profit $93 per cake compared to her current $50.</span>

8 0

3 years ago

On June 30, 2020, Sarasota Company issued $3,340,000 face value of 14%, 20-year bonds at $3,842,540, a yield of 12%. Sarasota us

ki77a [65]

Answer:

1) June 30, 2020, bonds are issued at a premium

Dr Cash 3,842,540

Cr Bonds payable 3,340,000

Cr Premium on bonds payable 502,540

2) December 31, 2020, first coupon payment

Dr Interest expense 230,552.40

Dr Premium on bonds payable 3,247.60

Cr Cash 233,800

amortization of bond premium = ($3,842,540 x 6%) - $233,800 = -$3,247.60

3) June 30, 2021, second coupon payment

Dr Interest expense 230,357.54

Dr Premium on bonds payable 3,442.46

Cr Cash 233,800

amortization of bond premium = ($3,839,292.40 x 6%) - $233,800 = -$3,442.46

4) December 31, 2021, third coupon payment

Dr Interest expense 230,151

Dr Premium on bonds payable 3,649

Cr Cash 233,800

amortization of bond premium = ($3,835,849.94 x 6%) - $233,800 = -$3,649

5 0

3 years ago

Indigo Corporation began operations in 2017 and reported pretax financial income of $228,000 for the year. Indigo’s tax deprecia

emmainna [20.7K]

Answer:

Deferred Tax Liability = $11,400 Credit

Explanation:

given data

pretax financial income = $228,000

Indigo’s tax depreciation = $38,000

tax rate = 30 %

solution

we know here that Income Tax Expense is

Income Tax Expense = $228,000 × 30%

Income Tax Expense = $68400 Dr

so as that

Deferred Tax Liability will be here

Deferred Tax Liability = $38000 × 30%

Deferred Tax Liability = $38000 × 0.30

Deferred Tax Liability = $11,400 Credit

7 0

4 years ago

The diamond framework is NOT LIKELY to answer which of the following questions about competing on an international basis? A. Whe

Ghella [55]

Answer:

Explanation:

The diamond framework is one of the five major strategic options for entering foreign markets and it is not likely to answer questions on What are the disadvantages of allowing foreign competition?

4 0

3 years ago