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3 years ago

Kate Company uses a perpetual inventory system.

Business

1 answer:

Aleks [24]3 years ago

3 0

Answer:

The journal entries are as follows:

(a) On July 16,

Account receivable A/c Dr. $1,200

To sales revenue $1,200

(To record Sales)

Cost of goods sold A/c Dr. $720

To Inventory $720

(To record cost of goods sold)

(b) On July 19,

Sales return and allowance a/c Dr. $200

To Account receivable $200

(To record sales return)

Inventory A/c Dr. $120

To Cost of goods sold $120

(To record cost of goods return)

Cash (1,000 × 98%) A/c Dr. $980

Sales discount A/c Dr. $20

To Account receivable $1,000

(To record amount received)

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After critical success factors have been identified, the next step in developing a competitive strategy is to develop relevant a

MrRa [10]

These measures are important to help the organization monitor progress toward achieving strategic goals.

<h3>What is a Staretegic Goal? </h3>

This refers to aims and objectives of a business and the steps it takes to achieve them.

Hence, we can see that the next step to take after the critical success factors have been identified is to develop competitive strategy that would help to monitor progress toward achieving strategic goals.

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2 years ago

Evaluate Microsoft’s product and marketing evolution over the years. What has the company done well, and where did it falter?

OverLord2011 [107]

Explanation:

Microsoft is a giant technology company with worldwide influence.

Its success and reputation have ensured the company the position of the most valuable company in the world by market capital.

The popularization of the Windows Operating System, worldwide, was the product that consolidated the company as a giant in the business world. Technological companies, should focus on innovation, as each day more advances in technology appear to correct possible system errors, make the user's performance and use better and make production costs cheaper. With regard to the Operating System for computers, Microsoft has always evolved in launching new, more evolved versions, and making the previous ones obsolete for use, but one of the company's failures was to have lost the timing to develop an OS aimed at the use in cell phones, since that the company tried to enter this market, but was unsuccessful, and was defeated by its biggest competitors: Google and Apple.

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4 years ago

Identify values of, P, r, n, and t for the following compound interest problem and use those values and the following compound i

Crank

P, r, n, and t for the following compound interest problem and use those values and the following compound interest balance function :- p=20 , r=8 , n=64 , t=4 year

what is compound interest?

Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit. It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it, so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.

In contrast to simple interest, which does not compound since past interest is not added to the principal for the current period, compound interest allows interest to build over time. The interest per period multiplied by the number of periods in a year yields the simple annual interest rate.

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2 years ago

A 10,000 par value bond with coupons at 8%, convertible semiannually, isbeing sold 3 years and 4 months before the bond matures.

Kay [80]

Answer:

$5,563

Explanation:

Calculation to determine the market price of the bond

First step is to calculate price of the bond 3 years and 4 months before the bond matures

Bonds price=$5,640 (1.03)^2/6

Bonds price=$5,695.84

Second step is to calculate the accrued coupon

Accrued coupon=1,000(8%/2)[(1.03)^2/6−1÷0.03

Accrued coupon=1,000(.04)[(1.03)^2/6−1÷0.03]

Accrued coupon=400[(1.03)^2/6−1÷0.03]

Accrued coupon=$132.02

Now let determine the the market price of the bond

Market price of Bond=$5,695.84−$132.02

Market price of Bond=$5,563

Therefore the market price of the bond is $5,563

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3 years ago

For its new Jeep Compass, Daimler Chrysler launched a campaign targeting young, hip consumers. To reach its target, Jeep’s adver

Vlad1618 [11]

Answer:

sender

Explanation:

Based on the information provided it can be said that Daimler Chrysler was the sender of the message in this communication process. This can be said because Daimler was the one who launched the campaign that was used to target these consumers and garner their interest towards the product they are selling.

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4 years ago