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Annette [7]
3 years ago
10

5. If a business letter is part of a series of correspondence, a/an _______ line is often included. A. attention B. urgent C. co

nfidential D. subject
Business
1 answer:
SVETLANKA909090 [29]3 years ago
8 0
D. subject, so the corresponding letters have all the same subject line, they all stay together, since they were all about that one certain subject<span />
You might be interested in
Tracy Company, a manufacturer of air conditioners, sold 200 units to Thomas Company on November 17, 2021. The units have a list
svetoff [14.1K]

Answer:

1. November 17

Accounts receivable 77,000

Sales revenue 77,000

November 26

Dr Cash 74,690

Dr Sales Discounts 2,310

Cr Accounts receivable 77,000

2. November 17

Dr Accounts receivable 77,000

Cr Sales revenue 77,000

December 15

Dr Cash 77,000

Cr Accounts receivable 77,000

Explanation:

1. Preparation of the journal entries to record the sale on November 17 and collection on November 26, 2021

November 17

Accounts receivable 77,000

Sales revenue 77,000

[Price = 200 units * $550 *(100%-30%) = 77,000]

November 26

Dr Cash 74,690

(77,000-2,310)

Dr Sales Discounts 2,310

(77,000*3%)

Cr Accounts receivable 77,000

2.Preparation of the journal entries to record the sale on November 17 and collection on December 15, 2021,

November 17

Dr Accounts receivable 77,000

Cr Sales revenue 77,000

[Price = 200 units * $550 *(100%-30%) = 77,000]

December 15

Dr Cash 77,000

Cr Accounts receivable 77,000

4 0
3 years ago
Sellers of a good bear the larger share of the tax burden when a tax is placed on a product for whicha.the supply is more elasti
Roman55 [17]

Answer:

B. The demand is more elastic than supply .

Explanation:

Demand & supply are buyers & sellers ability , willingness to buy & sell respectively .

Elasticity means responsiveness of demand & supply to prices.

'Tax burden' can be forwarded / shared only in case of Indirect taxes , whose burden & incidence lie on different people.

The burden falls on the party (consumers / suppliers) whose market element (demand / supply) is inelastic i.e less responsive to prices.

So , if sellers are bearing larger burden : It means demand is relatively elastic & supply is relatively inelastic.

6 0
3 years ago
A company issued 6%, 10-year bonds with a face amount of $90 million. The market yield for bonds of similar risk and maturity is
Leviafan [203]

Answer:

The bonds sold at: $122,106,600 dollars

Explanation:

We will calculate the present value of the coupon payment and the maturirty at market rate of 7%

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C         2.7(90 millions x 6% / 2 payment per year)

time 20  10 years and 2 payment per year

discounted at market rate: 7% divide by 2 payment per year:  0.035

2.7 \times \frac{1-(1+0.035)^{-20} }{0.035} = PV\\

PV 76.3551

Then present value of maturity:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   90.00

time            10 years

rate             0.07

\frac{90}{(1 + 0.07)^{10} } = PV  

PV   45.75

PV coupon  $76.3551

PV maturity  $45.7514

Total  $122.1066

7 0
3 years ago
Different types of market research
dezoksy [38]
Descriptive research casual research predictive research and exploratory research.

So stuff like....

Product testing
Advertising testing
Satisfaction and loyalty analyst
brand awareness and reach
pricing research
4 0
3 years ago
................................................................................................................................
Goryan [66]

Answer:

yuh :)

Explanation:

7 0
3 years ago
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