Answer:
Tan Furniture Manufacturing Company
Peggy's gross income from the above is:
= $3,000.
Explanation:
a) Data and Calculations:
Retail price of the furniture = $12,500
Discounted price for employees = $9,500
Gross income received by Peggy = $3,000 ($12,500 - $9,500)
b) The gross income represents the total amount of benefit derived by Peggy by purchasing the furniture from Tan Furniture Manufacturing Company instead of from another manufacturer.
Answer:
guy who is this and what is the cow ate grass and died in the middle of the night
The correct answer is retailing.
Retailing is the process of selling goods and services to individuals for their personal use. You have stores, which are considered to be retailers of particular goods and services, and then you have customers who go there to buy those goods and services.
Answer:
The correct answer is A
Explanation:
The journal entry to be posted to write off the balance of uncollectible is as:
Allowance for Doubtful Accounts A/c..........................Dr $200
Accounts Receivable A/c.......................................Cr $200
As the allowance method is used so the accounts receivable account will be credited and the allowance for doubtful accounts is debited with the amount which is recovered that is $200.
Allowance method is generally refer to one of the ways for reporting the uncollectible or bad debt expense which results from a company selling the goods on credit.
Answer:
Answer is option d, i.e. evaluative criteria.
Explanation:
In marketing when the customer takes a decision about buying a new product, he/she has some predetermined standards or benchmarks that he/she has established to make the correct decision in his/her buying process. Here, Freddy is purchasing a new car, and he has set standards like gas mileage, price, reliability, and styling. These standards or attributes are known as Evaluative criteria.