How would I go about solving question one?

Peter pine is doing his budget. he discovers that he has spent an average of $225.00 a month on entertainment for the year with

Olin [163]

The z for $60.00 = -2.2

The percent of area associated with $60.00 = 48.6%

The z for $390.00 = 2.2

The percent of area associated with $390.00 = 48.6%

Adding the two percentages together, Peter calculates his answer to be: 97.2%

6 0

3 years ago

Stephen discovers that the tennis shoes he just purchased are being offered

Anton [14]

The discovery of Stephen realizing that the same shoes he just purchased are being offered for a lower price by the same company is known as predatory pricing.

<h3>What is Predatory Pricing?</h3>

Predatory pricing is a marketing strategy that employs the approach of discounting on a wider scale, in which a dominating corporation in an industry may purposefully lower the prices of a product to potential loss levels within the short term.

Predatory pricing typically causes customers harm or loss and is viewed as anti-competitive in many regions, rendering the practice unlawful under several legal provisions.

Learn more about predatory pricing here:

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8 0

2 years ago

Peterson Furniture Designs is preparing the annual financial statements dated December 31. Ending inventory information about th

sergey [27]

Answer:

Written down value = $310

Explanation:

The lower of cost or market

The lower of cost or market rule states that a business must record the cost of inventory at whichever cost is lower – the original cost or its current market price. This situation typically arises when inventory has deteriorated, or has become obsolete, or market prices have declined.

The schedule of workings is attached.

<u>Aligator armories </u>

Cost = 15

Market value = $12

Therefore, Market value will be selected, and the cost will be written down by $3.

<u>Bear Bureaus:</u>

Cost = market value, therefore, no change.

<u>Cougar beds</u>

Cost is less than the market value, therefore, no change needed.

<u>Dingo cribs:</u>

Cost = market value, therefore, no change.

<u>Elephant dresser</u>

Cost = 10

Market value = $6

Therefore, Market value will be selected, and the cost will be written down by $4.

<u></u>

5 0

4 years ago

At an architectural firm, all employees except administrative staff are allowed to work whatever hours they choose from monday t

Natali [406]

The answer to this question is flexitime.

<span>Flexitime is a system where in employees are working on a flexible working hour schedule that is agreed by the company management and the employees. An example of flexitime is when an employee is allowed to work at a schedule of 7am-4pm, 7:30am-4:30pm, and 8am-5pm. The employees can choose any of this schedules that is agreeable to them.</span>

8 0

3 years ago

On January 31, 2021, B Corp. issued $900,000 face value, 12% bonds for $900,000 cash. The bonds are dated December 31, 2020, and

rosijanka [135]

The amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.

<h3>Accrued interest payable</h3>

Using this formula

Accrued interest payable=(Face value×Bond percentage)/Number of months

Let plug in the formula

Accrued interest payable=($900,000×12%)/12×3 months

Accrued interest payable=$27,000

(July 01 to September 31=3 months)

Inconclusion the amount of accrued interest payable should B report in its September 30, 2021, balance sheet is: $27,000.

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6 0

2 years ago