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Len [333]
3 years ago
5

A seller uses a perpetual inventory system, and on April 4, it sells $5,000 in merchandise to a customer on credit terms of 3/10

, n/30. On April 13, the seller receives payment from the customer. Complete the seller’s April 13 journal entry by selecting the account names and dollar amounts from the drop-down menus. The order of the account names in the journal entry must match the illustration in this module.
Business
1 answer:
Reika [66]3 years ago
7 0

Answer:

Explanation:

The journal entry on April 13 for receipt of payment from customer is as follows:

Date Account title and explanation Ref Debit Credit

13-April Cash ($5000 - $150)                  $4,850  

         Sales discount ($5000* 3%)      $150  

                    Accounts receivable

                                                                            $5000

(To record the receipt of payment from customer net of discount    

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What is the objective of the last step in the ethical decision-making framework? Multiple Choice to brainstorm any alternative c
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Answer:

B. To weigh the various alternatives and choose a course of action

Explanation:

The major steps involved in a proper decision-making process include; Identifying the problem, understanding the problem by obtaining the necessary information, developing alternatives, choosing the best alternative that would address the ethical issue at hand, and implementing the best alternative.

The aim of the entire process of decision-making would be faulted if at the end, a course of action is not taken. The decision made at the end of the day, should address the initial concern raised. This decision would also need to be reviewed to ensure that it is the right step.

Determining ways to maximize profit for the company may not be the issue at hand, as several factors could inform the decision making process.

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3 years ago
According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into t
notsponge [240]

Answer:

Level 5

Explanation:

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small executive leadership team which is at below level with tiers of managers that have their leading down to the bottom level of team of employees.

Level 5 leaders always shows

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their ambition comes as first and foremost as regards the cause, for the organization as well as its purpose and not themselves. It should be noted that According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into the organization through a combination of willpower and humility. This occur At

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3 years ago
Read 2 more answers
Marpor Industries has no debt and expects to generate free cash flows of $16 million each year. Marpor believes that if it perma
tatyana61 [14]

Answer and Explanation:

The computation is shown below:

a.  Marpor's value without leverage is

But before that first we have to calculate the required rate of return which is

The Required rate of return = Risk Free rate of return + Beta × market risk premium

= 5% + 1.1 × (15% - 5%)

= 16%

Now without leverage is

= Free cash flows generates ÷ required rate of return

= $16,000,000 ÷ 16%

= $100,000,000

b. And, with the new leverage is

= (Free cash flows with debt ÷ required rate of return) + (Tax rate × increase of debt)

= ($15,000,000 ÷ 0.16) + (0.35 × $40,000,000)

= $93,750,000 + $14,000,000

= $107,750,000

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3 years ago
Free ponts <br> im only doing this bc i hate my life<br> and put se.xy anime grils on ur answer
Alex787 [66]

Answer:

I need these points really bad thx so much!!!!

6 0
3 years ago
It is unwise to take a questionnaire designed for online administration and simply let the questionnaire design system present i
igor_vitrenko [27]

The given statement " It is unwise to take a questionnaire designed for online administration and simply let the questionnaire design system present it in mobile device form " is TRUE

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