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Tpy6a [65]
3 years ago
5

For the year ended december​ 31, 2019, davidson mart had sales of​ $800,000 and cost of goods sold of​ $600,000. davidson estima

tes that approximately​ 2% of the merchandise sold will be returned. the adjusting journal entry on december​ 31, 2019, would include a​ _______.
Business
1 answer:
Degger [83]3 years ago
5 0
Adjusting journal entry on December 31, 2019 is as follows:
    Debit - Sales Returns and allowances        -      16,000.00
             Credit - Accounts Receivable                    -        16,000.00
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Viral marketing messages have a higher chance of being opened because they come from a _____________.
sleet_krkn [62]
When it comes from a friend, these viral marketing messages could yield to a much higher chance of being opened and exposed. By definition, a viral marketing is a common method used in the marketing industry wherein the company would request people, mostly in social media, to share their products.
7 0
3 years ago
calculate the unadjusted rate of return for an investment that has a net cost of $430,000 and should provide an average after-ta
Elden [556K]

9%, as the unadjusted rate of return is equal to the average yearly net income growth rate divided by the initial investment's net cost.

<h3>Calculation:</h3>

$40,090 divided by $430,00 is.093 * 100, or 9%.

<h3>If the needed rate of return is 6%, what is the present value of a cash inflow of $2,000 five years from now? Examine later?</h3>

$2600 will be given to the recipient after five years.

<h3>If the internal rate of return is 5% and the desired rate of return is 6%, should management accept the investment opportunity?</h3>

No, as the internal rate of return on the investment is lower than the intended rate of return.

To know more about unadjusted rate visit:-

brainly.com/question/13037420

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3 0
1 year ago
On December 1, Victoria Company signed a 90-day, 8% note payable, with a face value of $16,200. What amount of interest expense
elixir [45]

Answer: Interest expense=$108

Explanation:

Interest expense =Principal x Rate x Time ( Period)

Where

Principal = $16,200

Rate =, 8%

TIme ( Period ) =  From December 1st to 31`st = 30 days

Interest expense= P x R x T

= $16,200 X 0.08 X 30/360

=$108

The amount of interest expense accrued at December 31 on the note is $108

6 0
3 years ago
Please help me. I will mark you as brainliest !!
natali 33 [55]

Answer:

The answer is C

Explanation:

Let's say that we have 100 cars unique in the world and each car's value is 10000$. Now, let's say that you have 3 cars like the last ones, 3 cars unique in the world? You won't sell them at 10000$, you have to increase the price because the cars are very rare.

8 0
3 years ago
2. A company's board of directors votes to declare a cash dividend of $.80 per share of common stock. The company has 16,000 sha
jeyben [28]
Answer for the first one is $12,800
6 0
3 years ago
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