Answer:
A has a higher return, so the better deal from your point of view is a discount rate of 5%.
Explanation:
Suppose you are supposed to borrow $100.
A. You will get 95 after a discount of 5%, and after 90 days, and pay the $100 back.
The effective return for me = 5/95 = 5.26%
B. Return = 5.04%
C. 90 day return = 5.11%/4 = 1.278%
Therefore, A has a higher return, so the better deal from your point of view is a discount rate of 5%.
Answer and Explanation:
The best solution to accomplish the request from the manager while not limiting access to other website is simply to activate the firewall system from the main server. He proceeds by using a blacklist on that firewall and in other not to limit access to other websites, he just adds the site that users are spending excessive time on as a blacklist.
This would solve the problem and not affect other websites.
A competitive firm is a price taker.
A perfectly competitive business must accept the equilibrium price at which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to charge even a small amount above the going rate.
Small businesses are typically price takers, while monopolies or large, well-established enterprises with copyrighted products are typically price makers. In the stock market, individual investors take prices. further reading.
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Answer:
The answer is C.
Explanation:
Credit sales is $6,000
Bad debt is 3% of net credit sales which is $180($6,000 x3%)
Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have have:
Dr Bad debt expense $180
Cr Allowance for Doubtful Accounts $180
Direct labor cost is wages that are incurred in order to produce specific goods or provide specific services to customers. The total amount of direct labor cost is much more than wages paid.
Given that 3 workers, working 8 hours in a day are paid $12. The total amount paid to workers are:
12x8x3=$288
The cost of direct labor will therefore be:
450-288
=$192
