The answer for this question is B
Answer:
comparison
Explanation:
Since cory is a sales person at bayray technologies and at the time of sales presentation he stated that the camera resolution of our company should be similar with the Clarity O company but the price are cheaper so here cory is doing the comparison of cameras between his company and with the other company to capture the market share by telling the advantages of his company product
Answer:
d. Debit Cash $1,000 and credit Notes Receivable $1,000.
Explanation:
Notes receivable are assets for the firm that occur when other parties make a promise which is documented to give a certain amount at the time of demand or on a particular date.
As we know that<u> when assets will increase it will be debited</u> and <u>when assets will decrease, it will be credited.
</u>
In the given case, note receivable collected by the bank which indicates that asset is decreased because note receivable has already been collected however it was increased when not collected. And cash received here that means asset increased and hence <u><em>Debit Cash $1,000 and credit Notes Receivable $1,000.</em></u>
Answer:
the effective rate is higher
Explanation:
the formula used to calculate effective rate is: effective rate = (1 + r/n)ⁿ - 1
for example, he stated rate is 6%:
- if it is compounded annually, the effective rate is 6%
- if it is compounded semiannually, the effective rate = (1 + 6%/2)² - 1 = 6.09%
- if it is compounded quarterly, the effective rate = (1 + 6%/4)⁴ - 1 = 6.14%
- and so on
A. allows you to diversify as opportunities develop.