Answer:
False
Explanation:
A certificate of Deposit or CD is a deposit made into a bank for a specific time. This deposit will earn a fixed interest rate that varies upon the days the deposit is made of. The rule is: Longer the days of the deposit, longer the interest rate paid.
Answer and Explanation:
The major impact by which the e commerce and the internet have changed the relationship between the customers and companies is that they have made customers an active participant in the marketing process. Earlier the companies promoted their products and services and the customers passively indulged in the process of marketing. But now there is a two way communication between the customers and the marketers in the e commerce format. The customers are not able to compare the prices and features of the products online but they also provide feedback to the companies and other customers about the products and services. The customer ratings and reviews are now an important proof of the reliability and quality of a product. The customers are now active participant in marketing process and they now have more say in the process. This has deepened the relationship which existed between customers and companies. The companies are therefore becoming more responsive to the needs and requirements of the customers E commerce and internet has increased the importance of the customers and have forced the companies to maintain good relationships with the customers.
Answer:
A) Women wanted to make themselves feel better by buying nice things.
Explanation:
The idea of looking better made them feel better about the economic downturn. If everything else is going bad, at least they would have their looks intact which has a psychological impact on their confidence.
Answer:
$1,037
Explanation:
Allowance for doubtful accounts is a contra asset account that must have a credit balance since it reduces the value of accounts receivable. In this case, since the account had a debit balance of $198, and the ending balance of the account should be $839, then we must credit = $839 + $198 = $1,037
The adjusting entry should be:
December 31, adjusting entry allowance for doubtful accounts
Dr Bad debt expense 1,037
Cr Allowance for doubtful accounts 1,037
Answer: 35.29%
Explanation:
Municipal Bonds are attractive in that they give the tax benefit of being tax exempt whereas a corporate bond is liable for taxation. The tax rate that will therefore make an investor indifferent between the two bonds is the one that will equate the Corporate bond's yield net of tax to the yield on the Municipal bond.
5.5% = 8.5% * ( 1 - x)
5.5% = 8.5% - 0.085x
0.085x = 8.5% - 5.5%
0.085x = 3%
x = 35.29%
