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zhuklara [117]
3 years ago
5

Question 7 (multiple choice)

Business
2 answers:
Rufina [12.5K]3 years ago
8 0
The answer is A. $297.99
367.99-45-25=$297.99
Hope this helps.
sp2606 [1]3 years ago
6 0

Answer:

"A"

Explanation:

Rebates are incentives to promote sales of goods and services.It is a form of payment given back to customers after a particular transaction. Although it is similar to coupon , but different from coupon in the sense that coupon is more of immediate discount to sales , while rebate is more like refund.

Rebates are recognized as a reduction to cost of good purchased by the customer and also reduction in the book value of such goods, Therefore goods bought with a rebate claim are accounted for as the cost of purchase less rebate claimed.

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What is the admirals feast for red lobster
jekas [21]

Answer:

Admiral's Feast Tuesday—Red Lobster's take on a classic fish fry. Enjoy Walt's Favorite Shrimp, bay scallops, clam strips and wild-caught flounder—all fried until perfectly crisp and golden

Explanation:

8 0
4 years ago
On December 31, 2020, BEL Company had 300,000 shares of common stock issued and outstanding. BEL issued a 5% stock dividend on J
KIM [24]

Answer:

297,500 shares

Explanation:

Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.

Weighted average number of shares are used to calculate the basic earning per share.

Weighted Average Number of Diluted Shares = (300,000 x 6/12 ) + ( 300,000 x 105% x 3/12 ) + [ ( (300,000 x 105%) - 40,000) x 3/12 ) ]

Weighted Average Number of Shares = 150,000 + 78,750 + 68,750

Weighted Average Number of Shares = 297,500 shares

6 0
4 years ago
Indicate whether a debit or credit decreases the normal balance of each of the following accounts.
Svetach [21]

Answer:

Explanation:

A. Credit

b. Debit

c. Debit

d credit

e credit

f. Debit

g. Credit

h. Credit

i. Debit

j. Credit

k. Debit

l. Debit

4 0
3 years ago
The crowding out effect will be greater than
ELEN [110]

Answer:

The correct answer to the following question is option B) .

Explanation:

Crowding effect refers to a situation where due to the increase in interest, there is a decrease in investment ( private investment spending ), which in turn leads to decrease in initial increase in investment. Here the interest rate have increased because of the expansionary fiscal policy implemented by the government, where they have increased their spending. A high magnitude of crowding effect can lead to decrease in the money supply in economy.

6 0
3 years ago
Michelle Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 37,000 $ 3
Zigmanuir [339]

Answer:

$73,000

Explanation:

The computation of the direct material cost is shown below:

As we know that

Direct material cost is

= Opening balance of raw material + purchase made - ending balance of raw material

= $37,000 + $71,000 - $35,000

= $73,000

We simply applied the above formula

Hence, the correct option is third i.e. $73,000

7 0
4 years ago
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