1. is credit card
2. is debit card
3. is card
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Answer:
The balance of accounts receivable on January 1, 2018 is $31,180.
Explanation:
The following are given in the question:
Percentage of allowance for uncollectible accounts = 3%
Credit sales = $125,000
Collections = $131,000
Amount written off = $180
Therefore, we have:
Account receivable on 31 December 2018 * 3% = $750
Account receivable on 31 December 2018 = $750 / 3% = $25,000
Accounts receivable on 01 January 2018 = Account receivable on 31 December 2018 - Credit sales + Collections + Amount written off = $25,000 - $125,000 + $131,000 + $180 = $31,180
Therefore, the balance of accounts receivable on January 1, 2018 is $31,180.
The things are considered psychological influences on the purchase decision process:
- learning
- value
- beliefs
- attitudes
<h3>What is referred to as the purchase decision?</h3>
This is the term that is used to refer to all of the ways that the person that would have to use a product would end up getting the product that they want to fulfill a particular need. It is what can be used to describe the drivers of their purchases.
In the stage of making a purchase decision. the person that is the consumer would have formed the intention that they want to buy a particular brand of product. This is the fourth stage that is is the consumer decision process.
Hence we can say that the things are considered psychological influences on the purchase decision process:
- learning
- value
- beliefs
- attitudes
Read more on purchase decision here: brainly.com/question/7029808
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Answer:
CPI = 110
Explanation:
The consumer price index(CPI) measures the general change in prices for a basket of goods and services in an economy over time. The basket of goods and services is representative of consumer spending in the economy.
The formula for calculating CPI with a base year is as below.
consumer price index = <u>cost of the market basket in a given year </u> x100
cost of a market basket at the base
In this case,
CPI = $ 5500 x 100
$ 5000
CPI = 11 x 100
CPI =110
Answer:
b) between budgeted costs and budgeted quantities versus actual costs and budgeted quantities for the budgeted output level
Explanation:
A budget is a statement of forecast stating projected expenses and revenues over a period of time.
A flexible budget is prepared comprising figures that are based upon actual output.
The figures are compared with static figures which are based upon budgeted output and the difference between the two is identified as a variance. Such a comparison reveals the difference between budgeted costs and actual actual.
A flexible budget allows for changes and flexibility in forecasting i.e there is room for deviations and variances and such a budget is not rigid.