Answer: Option D
Explanation: Matching principle is an accounting standard which states that the expenses incurred in a period should be recognized in the period in which the revenue relating to that expense is earned regardless of the fact when the cash exchange has been done.
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So, as per the given problem option D is the right answer.
First, calculate the discount.
15% of 1250 is 187.5
Then, subtract 187.5 from 1250.
You get 1062.5
Next, to calculate the sales tax. I'm not 100% sure if you're supposed to do this before the discount or after, I'm just assuming after.
Anyway,
6.5% of 1062.5 is approxamately 69.06.
Add that to 1062.5 to get the final answer of $1131.56
Answer: (2) Planning
Explanation:
The planning is one of the type of management function that helps in managing the function of an organization for achieving the desirable goals in an organization.
The main objective of the planning is that it helps in altering the pattern of the resources and also maintain the plans for achieving the desired results.
According to the given question, Caliana is managing the warehouse for the united processors Inc. and she performing the planning management function for fulfill the desirable goals.
Therefore, Option (2) is correct answer.
Answer:
- 41.67%
Explanation:
For computing the rate of return first we have to compute the initial investment which is shown below:
= Number of shares × per share × initial margin percentage
= 300 shares × $60 per share × 60%
= $10,800
Now Loss on sale of common stock is
= (Selling price - purchase price) × number of shares purchased
= ($45 - $60 ) × 300 shares
= - $4,500
So the rate of return will be:
= Loss ÷ Initial Investment
= - $4,500 ÷ $10,800
= - 41.67%