Answer: Systems selling
Explanation:
The system selling is one of the type of business strategy that helps in understanding the selling process by sell he various types of products an the services in the market in the interrelated manner rather than independently.
According to the given question, the system selling is the concept in which the business deliver the goods by using the interlocking and also consolidating the products from the supplier.
Therefore, System selling is the correct answer.
Answer:
The correct answer is $2.43.
Explanation:
The annual dividend is $1.90.
The expected rate of return is 12%.
The growth rate is 3.5%.
The current stock price will be
=
=
=
=$22.35
The stock price at year 3 will be
=
=
=
=$24.78
The capital gain will be
=stock price at year 3-current stock price
=$24.78-$22.35
=$2.43
<u>Answer</u>:
<u>True</u>
Explanation:
Indeed, the economics student was mistaken because aggregate demand <em>follows a pattern</em> that when prices rise, consumer wealth declines, the interest rates rise, and exports become more expensive thus leading to a downward sloping of the aggregate demand curve.
Therefore, the second statement is correct (True) for saying the economics student was wrong in his statement.
Answer:
D) Debit income summary 187000, credit revenues 187000
Explanation:
When dividend is declared, following journal entry is passed
Retained Earnings Dr.
To Dividend Payable
(Being declared dividend recorded)
When dividends are actually paid, the journal entry is
Dividend Payable A/C Dr.
To Cash A/C
(Being dividend paid recorded)
Income summary account is prepared as a temporary account while income statement represents permanent account.
Income summary shows net income balance i.e Revenue less expenses.
As per the given information in the question, debiting income summary account with total revenues of $187000 would be wrong.
Answer:
c
Explanation:
salary is a regular fixed payment that a person earns for performing work during a specific period of time.