Answer:
The answer is:
Dr Cash $5,025
Cr: Receivable $5,000
Cr: Interest Revenue $25
Explanation:
The year is 360 days.
Annual rate is 6%
Therefore, interest rare for the 30-day is 1.5%[(90/360) x 6%]
So, the interest on the rate is:
0.5% x $5,000
$25.
The total amount collected from Bria will be principal + interest
$5,000 + $25 = $5,025
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have:
Dr Cash $5,025
Cr: Receivable $5,000
Cr: Interest Revenue $25
Answer:
Those who possess required skills.
Explanation:
Considering the firm's size and having a few resources, the firm should select employees who possess the following 3 important skills:
1. Honesty, and a Strong Work Ethics; this employees can be trusted with tasks, and may possess high moral standards beneficial for success.
2. Intelligence
they should be teachable and this may be proven by the use of an IQ or personality test.
Their professionalism is well reflected by their ability to introduce new technologies in web design.
3. Leadership Skills
This employees are vital for the long-term growth of the firm.
They could effectively lead teams, train new team members and boost the firm's workplace productivity.
Answer:
True
Explanation:
Penetration pricing represents a marketing strategy employed by organisations with the goal of attracting customers to new products or services. These products or services are often offered at lower prices specifically to encourage people to test them and thus bring their awareness to the market, in other words, penetrate the market.
At times penetration pricing is not only used to acquaint consumers to a product, it is also used to thin out a competitor's customer base. Specifically, low prices and as stated in the question heavy couponing are strategies that are used to attract a wide number and range of customers to a product.
Lysol therefore, used penetration pricing based on low sales price and heavy couponing to attract consumers to its sanitizing wipes and when a satisfactory result had been achieved, the pricing rose and the couponing reduced. However, the consumer base is already established.
Answer: Institutional advertising
Explanation:
Institutional advertising is applied by Think Green to encourage the public to follow their "Go Vegan" lifestyle they promote.
Institutional advertising is a form of advertising used by organizations to create a positive public image of themselves or what they stand for.
Answer:
b. unskilled labor, skilled labor, and professionals
Explanation:
- As the people services include the semi and skilled based works done they include Lawn care, security guards, and skilled labor as plumbing and catering and those of the professionals include the accountant, lawyers, and the managing consultants.
