Answer:
The concept of EMI i.e. Equal monthly installments will be used.
Explanation:
Given that:
Purchase amount of house = $3,00,000
Down payment made = 20% of 3,00,000 = $60,000
Balance amount = $2,40,000
Therefore, to determine the monthly payment the concept of Equal monthly installment will be used.
Answer:
The correct answer is B. more loyal customers are more likely to follow the company on social media.
Explanation:
Customer loyalty has a direct impact on financial results, as well as prestige and brand image. The influence of a satisfied customer can be more decisive than any marketing strategy, since:
- A loyal customer consumes more. A study on American companies found that 40% of online shopping revenue comes from regular customers, who represent only 8% of ecommerce visitors (Adobe).
- The satisfied customer shares their positive experience in networks and through word of mouth. It is one of the most effective forms of marketing that exists.
- All your clients can become great clients. After purchasing the first product, a customer has a 27% chance of buying back at the same place. If you get that customer back and make a second purchase, the chances of returning increase up to 45% and, in the case of a third purchase, that percentage rises to 54% chance of making another purchase.
Answer and Explanation:
The Journal entries are shown below:-
1. Maintenance and Repairs Expense Dr, $150
To Cash $150
(Being cash paid is recorded)
For recording this we debited the maintenance and Repairs Expense as there is increased in expenses and credited the cash as assets are decreased
2) Equipment $700
To Cash $700
(Being cash paid is recorded)
For recording this we debited the equipment as it increased the assets and credited the cash as assets are decreased
Answer:
<em>Confidentiality duty to Kim has been violated by Greg</em>.
Explanation:
Remember Greg is acting as agent or real estate agent to Kim.
According to law he owed a duty of confidentiality to Kim which involves not disclosing any information of benefit which he may have gotten from his client (Kim) to third parties (buyers) without permission from Kim.
Therefore, Greg was not suppose to mention that Kim would have accepted less for her home.
If his starting balance is the $225.91
then his balance would be
-131.71
