Answer:
A.
Dr merchandise inventory 47,040
Cr Account payable 47,040
B.
Dr Account payable 7,350
Cr merchandise inventory 7,350
C.
Dr Account payable 39,690
Cr Cash 39,690
D.
Dr Account payable 39,690
Dr Purchase discount 810
Cr cash 40,500
Explanation:
Stylon Co. Journal entry
A.
Dr merchandise inventory 47,040
Cr Account payable 47,040
(48,000-(48,000×2%)
B.
Dr Account payable 7,350
Cr merchandise inventory 7,350
(7500-(7500×2%)
C.
Dr Account payable 39,690
Cr Cash 39,690
(47,040-7,350)
D.
Dr Account payable 39,690
Dr Purchase discount 810
(48000-7500)×2%
Cr cash 40,500
Answer:
A
Explanation:
because Short-term planning takes care of regular expenses in the near future
Answer:
Sharon is trying to maximize her marginal utility under the fixed budget.
Explanation:
She is buying exactly twice as many orange juices than sodas, because her marginal utility from juice is twice as much as her marginal utility from soda (60 x 30).
She is considering the marginal utility above the price when making her purchase decisions, because while orange juice provides more utility, it is also more expensive than sodas ($2.00 per bottle vs $1.00 per bottle).
<span>The answer is "quality services is pursuing a "diversification" strategy.
</span>
Diversification refers to a corporate strategy to go into another market or industry in which the business doesn't work right now, while likewise making another item for that new market. This is the most dangerous segment of the Ansoff Matrix, as the business has no involvement in the new market and does not know whether the item will be effective.
Answer:
Explanation:
1) Desired profit = Invested asset * Rate of return = $700,000*25% = $175,000
2) x - selling price of the product
60,000x - 784,600 = 175,000
60,000x = $959,600
x = $16
Total product cost = Total fixed cost + Total variable cost = (38,700+7500) +
((4.60+1.88+1.33+4.50)*60,000) = 46,200 + 12.31*60,000 = 46,200+738,600 = $784,800
3)
Mark-up percentage = Desired profit/Total product cost = $175,000/$784,800 = 0.2229 = 22.29%