Answer:
Journal entry to eliminate Sale to Peter Company
Debit : Sales Revenue (Sally Company ) $50,000
Credit : Cost of Sales (Peter Company) $50,000
Explanation:
Peter Company and Sally Company are in a group and Peter Company is the Parent whilst Sally Company is the subsidiary.
For 2019 Eliminate an Intragroup Transactions that occur between Peter Company and Sally Company.
Answer:
11.36%
Explanation:
Divide the new price of roast beef with the old one. 7.69 / 5
7.69 ÷ 5 = 1.538
Also divide 1 with the number of years inflation occur
1 ÷ 4 = 0.25
Next, is to raise the first answer gotten to the power of second.
1. 538 ^ 0.25 = 1.113625
Subtract from from 1
1 - 1.1136235 = -0.1136 = - 11.36%
Answer:
The correct option is;
a. The Limited
Explanation:
Business-to-Consumers or B2C is the means by which company products and services are sold directly to the end-users or consumers. B2C companies are those that deal directly with the end users
Sears, has over 400 outlets, Williams-Sonoma, is a publicly listed company that deals on home furniture and kitchen ware products and J. C. Penny is also a listed department store chain having 840 locations o outlets.
Answer:
2.20%
Explanation:
Data provided:
Company issued floating-rate note with a coupon rate equal to the three-month Libor 65 basis points
On 31 March three-month Libor = 1.55%
On 30 June three-month Libor = 1.35%
Now,
The coupon rate for the interest payment made on 30 June will be calculated as
= 1.55% + 0.65
= 2.20%
Hence, the correct option is 2.20%
