Answer:
Target Corporation
Accounts that appear on the balance or the income statement:
Balance Sheet:
Accumulated depreciation 7,887
Retained earnings 12,761
Property, plant
Income Statement:
Sales $61,471
Depreciation expense 1,659
Net income 2,849
Explanation:
The accounts that appear on the balance sheet of Target Corporation are permanent accounts, which are not closed to the income summary at the end of its financial period. These accounts are carried over to the next accounting period. They include assets, liabilities, and owners' equity. The accounts that appear on the income statement of Target Corporation are the temporary accounts, which are closed to the income summary at the end of the company's financial period. The accounts include revenue and expenses, which are compared to extract the net income or loss for the period.
Answer:
a. Observance of reasonable commercial standards of fair dealing
Explanation:
As Richard owns and operates a small business at an outdoor market where he sells fruits and vegetables. UCC specifically require Richard with respect to his customers to treat them equally and fairly and he should not be involved in any kind of cheating and misleading the customers in any way and at any level. Customers should be proved with the quality and fresh fruits and vegetables at the reasonable mentioned and set prices.
Answer:
d. 3.5 years
Explanation:
We know that payback period is the estimated length of time it takes cash inflow from a project to recover back the cash outflow.
It is to be noted that the payback period makes use of cash flow and not profit, hence denoted by;
Payback period = Initial cost / Annual net cash inflow
Given that;
Initial cost = $420,000
Annual net cash inflow = $120,000
Therefore,
Payback period = $420,000 / $120,000
Payback period = 3.5 years
The answer is: Social networks and related tools
Social media and other related tools allow the companies to provide information regarding their products to a wide variety of consumers segmentation with relatively cheaper price. Due to the low barrier of entry, small businesses often find easier success in marketing through these mediums rather than using traditional media.
Explanation:
I disagree with this argument, it can be said that the secondary market is equally or more important than the primary market, due to the fact that it is the secondary markets that determine what will be the prices that the companies that issue bonds will sell in the primary market.
Secondary markets can also be considered to be responsible for making securities easier to sell in the primary market due to their greater liquidity.
