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Afina-wow [57]
3 years ago
8

What happens to each company's net income if sales increase by 20%?

Business
1 answer:
Tju [1.3M]3 years ago
8 0
The company's net income will grow higher if it increases by 20% and then it will just keep getting higher and higher. Hope this helped, have a great day! :D
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ABC Corp. received a 3-month, 8% per year, $1, 500 note receivable on December 1. The adjusting entry on December 31 will includ
stich3 [128]

Answer:

Option D is the correct answer.

d) debit to interest Receivable of $10

Explanation:

Under the accrual basis or principle of accounting, we match the revenue with the expenses and record the transactions in the period to which they relate to rather than when the cash is paid or received. This means that the interest receivable that is accrued for time period relating to this year should be recorded as a revenue in the current period and as an asset under interest receivable as it will be received in the next period.

Thus, the interest on the note relating to 1 month of December will be recorded as follows,

Interest Revenue = 1500 * 0.08 * 1/12 = 10

31 Dec 2021

Interest Receivable       10 Dr

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7 0
3 years ago
A three-year bond has an 8.0 percent coupon rate and a $1,000 face value. If the yield to maturity on the bond is 10 percent, ca
Anuta_ua [19.1K]

Answer:

$949.24.

Explanation:

The price of the bond also known as the Present Value (PV) of the Bond CAN be calculated using a Financial Calculator as

FV = $1,000

I/yr = 10%

Pmt = ($1,000 x 8.0 %) / 2 = $40

N = 3 x 2 = 6

P/yr = 2

PV = ???

Inputting the data in a Financial Calculator gives a Present Value of $949.24. Thus the price of the bond is $949.24.

4 0
3 years ago
In his fourth-grade class, Mr. Gold is incorporating a play about Benjamin and Deborah Franklin into the study of the history of
GuDViN [60]

The first step in organizing production is planning the process and developing the project budget and schedule, such as rehearsals and performance review.

<h3 /><h3>What is project planning?</h3>

It corresponds to practices that are implemented at the beginning of the project, which will help achieve the objectives, that is, they are actions that direct the management and structure the details of the project.

Therefore, it is essential that in every project there is a focused and aligned planning to the available resources, such as time and needs, so that the objectives are achieved effectively.

Find out more about planning here:

brainly.com/question/24864915

7 0
2 years ago
The newest version of a product like Crutchfield headphones is likely to use _____, while the new version of Monster Energy is l
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The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use  penetration pricing

<h3>What is  price skimming?</h3>

Price skimming is a pricing strategy that a company can use when launching a new product or service.

Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.

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3 0
1 year ago
Scenario 26-3. Assume the following information for an imaginary, open economy.
Keith_Richards [23]

Answer:

GDP equals $1455, answer is D

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