<span>Programming languages used to create artificial intelligence and expert system applications are often called fifth generation languages. This programming language works by solving using the restrictions given to the program unlike the conventional method of using an algorithm developed by a programmer.</span>
Answer:
Accounts payable Dr, $16,800
Purchase discount Dr, $336
To Cash $16,464
Explanation:
The Journal entry is shown below:-
Accounts payable Dr, $16,800
Purchase discount Dr, $336
To Cash $16,464
(Being Cash is recorded)
Working Note :-
List price of goods after return = $19,200 - 2400
= $16,800
Discount on balance = 16800 × 0.02
= $336
For recording the cash we simply debited accounts payable, purchase discount and credited the cash
Answer:
class A stocks
Explanation:
in 5 years, class A stock will be worth = $30 x (1 + 6%)⁵ = $40.15
in 5 years, class B stock will be worth = $20 x (1 + 12%)⁵ = $35.25
now we need to determine the present value if each stock:
class A stock present value = $40.15 / (1 + 8%)⁵ = $27.33
class B stock present value = $35.25 / (1 + 8%)⁵ = $23.99
since the present value of class A stock is higher, then the engineers should select that type of stocks.
Answer:
Psychological pricing
Explanation:
Psychological pricing also known as price ending, charm pricing is a pricing and marketing strategy based on the theory that prices produces a psychological impact. This involves setting prices as odd prices being a little less than a whole number such as $9.99 or £2.99. It is believed that consumers think that this prices are lower than they actually are.
