Solution:
Inventory 21,320 debit
A/P 21,320 credit
--to record purchase from Game Girl --
Inventory 360 debit
Cash 360 credit
--to record the freight-in--
A/P 1,560 debit
Inventory 1,560 credit
--to record returned goods to GameGirl--
A/P 19,760 debit
Inventory 395 credit
Cash 19,365 credit
--to record payment to GameGirl--
accounts receivables 17,360 debit
sales revenues 17,360 credit
COGS 8,406 debit
8,406 credit
--to record sale and subsequent cost of the sale--
total amount of the purchase in dollars:
82 game devices x 260 dollars each = 21,320
six returned devices:
6 x 260 = 1,560
invoice balance: 21,320 - 1,560 = 19,760
discount because payment within the first ten days:
19,760 x 2% = 395
final value: 19,760 - 395 = 19,365
sale of 62 devices at 280 = 17,360
Answer:
The correct answer is letter "E": competing on differentiation.
Explanation:
Competing on differentiation or a Differential Advantage is an advantage a firm has over its competitors due to some unique features. That characteristic is intrinsic of the good or service ad does not imply talking about pricing as in comparative advantage.
Answer:
answer is attached in figure below
Explanation:
The approximate %change in the real wage rate from year 1 to year 2 is 8%.
The Real wage refer to an amount of compensation that a worker can can expect to get after factoring inflation rate
CPI in Year 1 = 1.13 * 100
CPI in Year 1 = 113
CPI in Year 2 = 1.18 * 100
CPI in Year 1 = 118
Real wage = Old wage * CPI in Year 2/CPI in Year 1
Real wage = 8 * (118/113)
Real wage = 8.3539
Real wage = 8%
In conclusion, the approximate %change in the real wage rate from year 1 to year 2 is 8%.
Read more about Real wage:
<em>brainly.com/question/1622389</em>
Answer:
$9,840
Explanation:
In this question, we have to take the difference between the payment for S corporation and the C corporation
If Military Gear Inc is a C corporation, then the payment would be
= Ordinary income × marginal tax rate
= $84,000 × 24%
= $20,160
And, if Military Gear Inc is a S corporation, then the payment would be
= (Ordinary income - net effect) × marginal tax rate
= ($84,000 - $41,000) × 24%
= $43,000 × 24%
= $10,320
The net effect would be
= $159,000 - $118,000
= $41,000
The net payment would be
= $20,160 - $10,320
= $9,840