Explanation:
The journal entries are shown below:
1. Building A/c Dr $176
Equipment A/c Dr $270
To Cash A/c $408
To Note payable A/c $38
(Being the building and the equipment is purchased for cash and note payable)
2. Cash A/c Dr $345
To Common stock $240 (120 shares × $2)
To Additional paid in capital A/c - Common stock A/c $105
(Being the common stock is issued for cash)
3. Retained earnings A/c Dr $145
To Dividend payable A/c $145
(Being the dividend is declared)
4. Short - term investment A/c Dr $7,616
To Cash A/c $7,616
(Being the short term investment is purchased for cash)
5. No journal entry is required
6. Cash A/c Dr $4,413
To Short - term investment A/c $4,413
(Being the short-term investment is purchased)
Answer:
correct answer is Consultative Selling
Explanation:
personal selling approach is Consultative Selling
we know it is that sales approach where priority relationship and open dialogue to the identify and provide them customer need and a solution
and that is focused on the customer rather than products sold and it help for a salesperson for the understanding challenge which is faced by the customer
so correct answer is Consultative Selling
Answer:
5.784%
Explanation:
PV = $91000
PMT = -$1750
N = 60
FV = $0
<em>Using the financial calculator to solve for I/Y</em>
Interest yield = CPT I/Y(91000, -1750, 60, 0)
Interest yield = 0.00482
Interest yield = 0.482%
Highest rate APR = 0.482%*12
Highest rate APR = 5.784%
So, assuming monthly compounding, the highest rate i can afford on a 60-month APR loan is 5.784%.
Answer:
1,030
Explanation:
Calculation for what is the exponential smoothing forecast value
Exponential smoothing forecast value = 1,000 + 0.3 x (1,100-1,000)
Exponential smoothing forecast value = 1,000 + 0.3 x (100)
Exponential smoothing forecast value = 1,000 + 30
Exponential smoothing forecast value= 1,030
Therefore the exponential smoothing forecast value will be 1,030
Answer:
The answer for what is not a step in the decision making model is option E) consider qualitative factors
Explanation:
The steps in decision making model includes the following
- defining the problem
- collation of data
- Identifying the alternatives
- determining costs and benefits for both feasible and unfeasible alternatives
- total relevant costs and benefits for each alternative
- action Plan
Considering qualitative factors is a post decision making action. It happens during the decision analysis phase.
