Answer:
See below.
Explanation:
We record the entries as follows,
First record the total gross sales,
Debit accounts receivables by $57,000
Credit Sales by $57,000
Payment terms provide us that 2% discount if paid within 15 days and no discount thereafter.
We record the payments as,
Cash debit by ($57,000 * 0.98) = $55,860
Discounts allowed debit by ($57,000*0.02) = $1,140
Credit Discount receivable by $57,000
Hope that helps.
Answer:
Displaced aggression
Explanation:
An aggression is defined as an intentional action or a behavior with the aim or goal is to harm another person.
Displaced aggression is simply an aggressive behavior or an action directed towards person/object that is not original source of provocation in the first instance. Humans simply wants to vent out their emotions so as not to bottle it up or do any thing bad so instead of commiting something that is against their intentions or the law, they tends to pass their aggression towards object or others.
Answer:
Interest Rate Collar
Explanation:
This strategy called the Interest Rate Collar.
The Interest rate collar is an option that is used to hedge the interest rate exposure. It protects the borrower from the risk of increasing the interest rate and also decided a floor declining rate by purchasing an interest rate cap.
In the given scenario the Miami Bank will receive when the interest rate crosses the cap of 11% and pay when there is a decrease below the floor rate of 8% on the principal value.
Explanation:
This task of understanding the unique characteristics of an organization and selecting the effective models and structures to meet its unique needs, can be addressed through management planning. This is a type of planning that can be understood in the micro context of the organization, this is understood as the implementation of what was defined in strategic planning, through management planning are defined what are the essential resources that will help the company to achieve its goals. objectives and missions.
It integrates what needs to be done, by whom, when and at what cost.
They gain some degree of power by means of differentiating their products from those of other firms in the industry. Remember that a monopolistic competition is the one where many firms selling products that are similar but not identical which is very different from oligopoly and the one known as imperfect competition
