Answer:
$3,528
Explanation:
The computation of the amount of the check after considering the discount period is shown below:
= Sale value fo merchandise - returned goods - discount paid
= $4,600 - $1,000 - $3,600 × 2%
= $3,600 - $72
= $3,528
By applying the above formula we can get the amount of the check and the same is to be considered
hence, the amount of the check is $3,528
Answer:
The journal entries are shown below:
Explanation:
According to the scenario, the journal entries for the given data are as follows:
(1). Jun.30 Bad Debt expense A/c Dr $12,800
To Allowance for Doubtful A/c $12,800
(Being the bad debt expense is recorded)
(2). July Allowance for Doubtful A/c Dr $6,400
To Accounts Receivable A/c $6,400
(Being the customer balance written off is recorded)
Answer: (B) Demand for products
Explanation:
The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.
There are basically five factors which determine the demand of products function in an organization are as follows:
- Income of the buyer
- Price
- Customer choice
- The actual price of the related other products
- Future supply expectations
Therefore, Option (B) is correct.
Answer:
E. do not always behave rationally because they are overly optimistic about their future behavior.
Explanation:
Behavioral economics is the study of irrational economic decisions from people's behavior.
Behavioral economics includes the people's emotional framework to make choices beyond the rational choice theory, which states that a rational person is not moved by emotions and social factors to choose the option that maximizes their satisfaction.
To be overly optimistic about your future behavior is biased from social factors and it is a behavior that could be understood from the human emotional framework.
The value of Net present value is $12,895.45.
Given that
initial investment = $50,000
1st-year cash flow = $15,000
2nd-year cash flow =$ 25,000
3rd-year cash flow =$ 30,000
4th-year cash flow = $20,000
5th-year cash flow = $15,000
rate = 20%
using formula
<h3>
What is Net Present value?</h3>
- The current value of a future stream of payments from a business, project, or investment is determined using net present value, or NPV.
- You must predict the timing and size of future cash flows in order to determine NPV, and you must choose a discount rate that is equal to the least allowable rate of return.
- Your cost of capital or the rewards offered by substitute investments with comparable risk may be reflected in the discount rate.
- Positive NPV indicates that the rate of return on a project or investment will be higher than the discount rate.
- to learn more about Net present value with the given link
brainly.com/question/14293955
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