Answer:
Explanation:
The journal entries are shown below:
On June 17
Food wholesaler A/c Dr $600 (20 cases × $30)
To Purchase return $600
(Being returned goods are recorded)
Food wholesaler A/c Dr $600 $2,352
To Bank A/c $2,352
(Being payment is made)
(Being cash received recorded)
The computation is shown below:
= (Credit purchase - returned goods
) - (Credit purchase - returned goods
) × percentage given
= (100 case × $30 - $600) - (100 case × $30 - $600) × 2%
= ($3,000 - $600) - ($3,000 - $600) × 2%
= $2,400 - $48
= $2,352
This is the answer but the same is not provided in the given options
Answer: A. Informational asymmetry
Explanation:
There exists an information asymmetry in the financial markets that rises from people being unable to adequately analyse the riskiness of various business endeavours.
Banks overcome this information asymmetry by having experience and well trained personnel that are capable of adequately assigning risk to ventures and charging them the appropriate interest rate to make a return on that venture.
Answer:
The correct answer is the option B: integrators.
Explanation:
To begin with, the concept of <em>''integrator''</em> in the field of business may refer to the person that specializes in bringing together elements or components that are separeted, such as systems, into a whole and ensuring that those parts work properly in their common functions.
Secondly, once that the concept of an integrator has been said it is quite understood that the case presented above related to the team leaders working as integrators in the field of the business due to the fact that they came with the idea of bringing the executives and the younger employees together in order to work as couples with their respective functions to create a more cooperative environment inside the organization.
Answer:
The effective annual cost to yourfirm if it chooses not to take advantage of the trade discount offered is:
= 18.25%.
Explanation:
a) Data and Calculations:
Terms 1/22, net 42: This effectively provides a discount of 1% if the firm pays its supplier within 22 days from the date of purchase. After the 22 days up to 42 days, the firm pays the full amount. This means that the cost of this discount can be annualized as 1% * 365/20 = 18.25%.
This means that if the firm chooses not to take advantage of the trade discount offered, it is actually losing 18.25%. per annum.
Answer:
The companies create a global web of value creation activities.
Explanation:
When the companies with the motive to maximize revenue or minimize cost disperse their operation across the globe they create a chain or web of value creation activities globally.
Multinational companies take advantage of location economies by dispersing their activities. When a firm operates in foreign countries they hire inputs for their work thus paying for them, in this way they create a web of activities boosting the economy of that place.
