Answer:
The journal entry is shown below:
Explanation:
The journal entry which is to be recorded on the date of payment is as:
Cash A/c...........................................................Dr $2,009
Sales Discount A/c.........................................Dr $41
Accounts Receivable- Hubbard Incorporated A/c..........Cr $2,050
As the goods sold by company, so they received cash and any increase in assets account is debited. Therefore, the cash account is debited. And the company also offered discount which is also debited and the account of accounts receivable is credited.
Working Note:
Amount of cash received = (Sold merchandise amount - Return goods amount) - 2% on amount
= ($2,400 - $350) - 2% on amount
= $2,050 - 2% × $2,050
= $2,050 - 41
= $2,009
The intrinsic value of the stock is $29.44.
<h3>What is the intrinsic value of the stock?</h3>
The first step is to determine the value of the dividend at the end of each year:
Dividend in Y1 = 2. x 1.03 = 2.06
Dividend in Y2 = 2.06x 1.06 = 2.18
Dividend in Y3 = 2.18 x 1.04 = 2.27
Dividend after year 3 = (2.27 x 1.05) / (0.12 - 0.05) = $34.06
Now, find the present value of these dividends :2.06 / 1.12 + 2.18 / 1.12² + 2.27 / 1.12³ + 34.06 / 1.12³ = $29.44
To learn more about how to determine intrinsic value, please check: brainly.com/question/15710204
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Answer:
$1,239.2
Explanation:
finance charge refer the cost of using credit funds. It is the total amount a borrower pays to lender on top of the amount borrowed.
In this case, the total amount the customer paid for the oven
The deposit $1000.00
Monthly installment; $278.45 x 36= $10,024.2
Total amount paid =$278.45 +$10,024.2
=11,024.2
finance charge = total amount paid - cost of the item
= $11,024.2 - $9,785.
=$1,239.2
Answer: Inconsistency
Explanation:
The inconsistency is the term which is used to refers to the difference between the different types of ideas and services which is provided to the people depends upon their capabilities and the performance.
According to the given question, The Inconsistency is one of the unique elements that best illustrating the given example about the services as Waded is received a help for picking out the new printer.
On the other hand, Cheryl is one of her roommate and when she visit the Best Buy she does not provide any type of help. So, that is why based on the given situation is basically refers to the inconsistency in the services that is provided by the Best Buy.
Therefore, Inconsistency is the correct answer.
The reason why companies try to respond promptly to complaints is to D. minimize negative word of mouth and rumors.
<h3>Why do companies deal with customer complaints quickly?</h3>
A company's reputation is very important to it and can be the difference between success and failure.
To avoid losing this reputation to rumors and negative word of mouth, they respond to customer complaints quickly to calm the customer.
Find out more on customer complaints at brainly.com/question/20388620.
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