Ok so one of the biggest advantages would be a lower price but not only that if it is a newer car you wont have to pay the newer car fees you basically avoid them.<span />
Answer:
Dr Cash 4,116
Dr Sales discounts 84
Cr Accounts receivable 4,200
Explanation:
Vander Company Journal entry
Dr Cash 4,116
(4,200-82)
Dr Sales discounts 84
Cr Accounts receivable 4,200
Calculation of Sales discounts
4,200*2%
=84
Merchandise
(4,600-400)
=4,200
Answer:
An ideal inventory is difficult to have.
Explanation:
- Inventory is the number of goods and services stored and is accompanied asset and thus management of that asset is a very important aspect of the business.
- If too much inventory is maintained the inventory can lead to liability. If too little inventory is maintained then it leads to shortages of raw material and work in progress.
Answer:
Stock prices follow a random walk with a trend because:__________
d. stock prices are based on both future profits and expectations about future profits and gradually rise over time.
Explanation:
The random walk theory of the stock price movement states that there is no observable pattern or trend to the movement of a stock price. It is, therefore, impossible to use the past movement or trend of a stock price to predict its future movement. This means that the wise investor should invest in the market portfolio to reflect more closely the movement of stock prices in the market instead of investing in a single stock or market security.
Answer and Explanation:
c. [(price of basket of goods and services in current year - price of basket in base year) / price of basket in base year ] x 100
