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Shkiper50 [21]
3 years ago
14

[The following information applies to the questions displayed below.]

Business
1 answer:
Dvinal [7]3 years ago
8 0

Answer:

                                  Allied Merchandisers

                                        Journal Entries

Date           General Journal                         Debit        Credit

03-May   Merchandise Inventory               $20,000

                     To Cash                                                     $20,000

05-May    Accounts Receivable                 $21,000

                      To Sales                                                    $21,000

05-May     Cost of goods sold                     $15,000

                     To Merchandise Inventory                        $15,000

07-May      Sales Returns and allowances   $1,750  

                      To Accounts Receivable                           $1,750

07-May      Merchandise Inventory               $1,250

                      To Cost of goods sold                                $1,250

08-May      Sales Returns and allowances    $300

                       To Accounts Receivable                            $300

15-May        Cash                                             $18,571

                   Sales Discounts                           $379

                    ($18950*2%)

                         To Accounts receivable                           $18,950

                          ($21000-$1750-$300)

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During the _____ of the product life cycle, the basic goal of promotion is to inform the target audience that a product is avail
Arlecino [84]

Answer:

Introduction Stage

During the Introduction Stage of the product life cycle, the basic goal of promotion is to inform the target audience that a product is available.

Explanation:

The introduction stage is the first stage in the product life cycle where a company tries to build awareness about the product or service

7 0
3 years ago
You can actually give yourself a raise by increasing the flow of money into your own account and decreasing the money flowing ou
Nookie1986 [14]

Answer:

True

Explanation:

If more money is coming into your account as compared to going out then you are in "positive cash flow". This means that you are in a situation where you can easily pay your bills and also save some money which is good.

If less money is coming into your account as compared to going out then you are in "negative cash flow". This means that you are in a situation where it is very diificult for you to cover your bills and you need more money to survive.

To conclude, the statement is true that you can give yourself a raise by increasing the flow of money into your account and decreasing the out flow.

4 0
3 years ago
1) Michael's, Inc., just paid $1.95 to its shareholders as the annual dividend. Simultaneously, the company announced that futur
Marizza181 [45]

Answer:

Price we are wiling to pay = $46.429

Explanation:

Hi, this can be calculated using the dividend discount model

Stock price we are willing to pay  = D / (r - g) where,

D = Dividend

r = required rate of return of investor

g = growth

So working the formula gives us,

Price = 1.95 / (0.085 - 0.043)

Price = $46.429

This is the price we are willing to pay.

Hope that helps.

5 0
3 years ago
What is savings?, How can you save in a bank? And why is it important?
Strike441 [17]

Explanation:

Savings are the money one has saved, especially through a bank or official scheme.

You can save in a bank by frequently depositing money into a bank account.

Savings are important for the availability of money during emergencies or to avoid going into debt to pay for your necessities.

3 0
3 years ago
How can i get money?
Kay [80]

Depends how old you are, if you are old enough you can apply for a job.

If not you can try doing chores for your parents.

8 0
4 years ago
Read 2 more answers
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