Answer:
The correct answer is option D.
Explanation:
Technological change refers to an improvement in the efficiency of a product such that the output level increases without an increase in input.
Here, the rearranging of layout and training of workers is technological change as they are likely to increase production without an increase in inputs.
Damages caused by a hurricane will reduce the output level, so it will not be classified as a technological change.
Answer:
<u>$1,300</u>
Explanation:
Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;
- <u>$400 for round-trip airfare to San Francisco</u>
- <u> $250 fee to register for the conference,</u>
- <u> $300 per night for three night’s lodging,</u>
- <u> $200 for meals, and</u>
- <u> $150 for cab fare.</u>
A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.
Yes, its is the only thing marketing mix does.
Answer:
The journal entry is as follows:
Cash A/c Dr. $ 25,437.50
To Notes Receivable A/c $25,000
To Interest revenue A/c $437.50
(To record the collection of the note and interest at maturity)
Working notes:
Interest for 90 Days:
= Note value × Interest rate × Time period
= $25,000 × 0.07 × (90/360) days
= $437.50
