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Dmitrij [34]
3 years ago
6

Professional athletes attempting only to maximize income will defer larger salaries if:

Business
1 answer:
GenaCL600 [577]3 years ago
4 0
Professional athletes attempting only to maximize income will defer larger salaries if DEFERRED PAYOUTS ARE ADJUSTED UPWARD TO COMPENSATE FOR FOREGONE INTERESTS.
If professional athletes, whose sole aim is larger income are asked to wait for sometime before collecting their salaries, with the promise that their incomes will be raise for the period of their waiting, then, most of them will gladly agree to the arrangement, since, they are sure of higher amounts.
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Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
seropon [69]

Answer:

Explanation:

The journal entry is shown below:

(A) Sales return and allowance A/c Dr $450,000

    To Accounts receivable                        $450,000

(being returned goods recorded)

Merchandise inventory A/c Dr $292,500   ($450,000  × 65%)

       To Cost of goods sold                      $292,500

(Being cost of goods sold recorded)

The computation of the estimated return is shown below:

= Sale value of merchandise × return percentage - actual return

= $11,500,000 × 4% - $450,000

= $460,000 - $450,000

= $10,000

(B) Sales return and allowance A/c Dr $10,000

    To Accounts receivable                        $10,000

(being returned goods recorded)

Merchandise inventory A/c Dr $6,500   ($10,000  × 65%)

       To Cost of goods sold                      $6,500

(Being cost of goods sold recorded)

The computation of the year-end allowance for sales returns is shown below:

The amount is same $6,500

4 0
3 years ago
Leo purchased a stock for $47.10 a share, received a $1.74 dividend per share and sold the shares for $50.10 a share. During the
kondaur [170]

Answer:

6.96%

Explanation:

Find nominal expected return;

Nominal expected return =  [(Dividend + New Price -Old Price) /Old price]*100

= [ (1.74 +50.10 - 47.10) / 47.10 ]*100

= (4.74 / 47.10)* 100

= 0.100637 *100

=10.0637%

Real rate of return = Nominal return - inflation rate

Inflation rate = 3.1%

Real rate of return = 10.0637% - 3.1%

= 6.96%

4 0
3 years ago
Which set best describes the important forces in the marketplace of ideas, or, the interplay of opinions and views that takes pl
hram777 [196]
<span>Political Socialization The induction of individuals into the political culture; learning the underlying beliefs and values on which the political system is based. gener gap A distinctive pattern of voting behavior reflecting the differences in views between women and men.Democracy the opportunity to take part in the nation's governmental and policy making processes and to have some say in determining how he or she is governed, including the right to vote in elections.</span>
8 0
3 years ago
Which of the following statements is/are true? I: Both Stock and Mutual insurance companies pay dividends, Stock companies to th
ELEN [110]

Answer:

II: Insurance marketing systems include; General Agencies, Branch offices managed by employees of the company, and Personal; Producing General Agents (PPGA's).

Explanation:

Every insurance company has branch offices that operate on different regional levels that are managed and operated by employees.

General agencies are responsible for receiving insurance applications and negotiating and negotiating contracts on behalf of the insurance company.

Producing general agents (PPGA's) is a type of insurance agent that usually provides services to more than one insurance company and whose main duty is to sell as many policies as they can.

4 0
3 years ago
Drag and drop the steps of the DG pickup process into the correct order then click submit
Sedaia [141]

The steps of the DG pickup process which are put into the correct order are as follows:

  1. Download and Install the DG application
  2. Make enquiries on whether the particular store makes use of DG pickup
  3. Make an order and reserve a time slot
  4. Add the items to the virtual cart
  5. Put the digital coupons of the DG pickup
  6. Checkout

<h3>What is a Pickup Service?</h3>

This refers to a type of service which is used to deliver goods from one location to a customer at his preferred location.

With this in mind, we can see that the correct steps of making use of online pickup service such as DG pickup is shown as there needs to be the installation of the app, then to add the items to the cart and finally checkout.

Read more about pickup services  here:
brainly.com/question/6855095

8 0
2 years ago
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