Answer:
Journal entries
Explanation:
The journal entries are as follows
1. Cash $748,800
Interest expense $31,200 ($780,000 × 4%)
To Note payable $780,000
(Being the cash received is recorded)
2. Cash Dr $507,000
To Account receivables $507,000
(Being the collection is recorded)
3. Note payable $507,000
Interest expense $2,600 ($780,000 × 4% × 1 month ÷ 12 month)
To Cash $509,600
(Being the note payable and the interest expense is recorded)
Answer:
The correct answer is: No, it is not reasonable to expect that managers can measure their social and environmental performance on the same level as they measure their financial performance.
Explanation:
To begin with, the concept known as <em>triple bottom line</em> refers exactly to the measuring of the the financial, social and environemental performances from part of an organization. However, it is not posible to measure them in the same way, due to the fact that they are very different terms with different factors. Therefore that in order to measure one of them there will be an unique way of doing it that can not be copy in order to measure the other. That is why if the organization want to measure the financial performance it will look into the numbers but with the social or environmental performance it can not do that.
Answer:
D) Straight commission
Explanation:
When a company uses the straight commission compensation method, it pays no fixed salary to its salespeople, instead all the salespeople's salaries are calculated based on a percentage of their total sales. This means that a salesperson is paid according to his/her performance, if they sell a lot, they will earn a lot.
Answer:
C) Pursue a differentiated strategy.
Explanation:
There are two basic marketing strategies that firms can use:
- competitive pricing: setting a very competitive price in the market, but is not feasible in this case due to higher costs.
- product differentiation: offering differentiated products that best suit the needs of the company's customers. Since differentiated products are perceived as higher quality, a higher price can be charged.
The answer is Operational