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liraira [26]
2 years ago
8

On January 1, Year 1, Boyd Corporation accepts a $10,000 three-month, nine percent promissory note from one of its customers. To

record acceptance of the note, the company will record a:
Business
1 answer:
mihalych1998 [28]2 years ago
6 0

Answer:

The borrower records its receipt of cash and new liability with this entry

Jan 1             Notes Receivable   $10,000 Dr.

                             Sales / Accounts Receivable         $10,000 Cr.

Received Note of 3 months with  9% interest

The entry would  credit to Sales if it is received against sales or credit to account receivable isf it is received against accounts receivable for a further time period as the case may be.

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For direct price discrimination to work a. ​The firm need not be able to identify the members of the low-value group b. ​The fir
MakcuM [25]

Answer:

The correct answer is letter "B": ​The firm be able to charge the low-value customers a lower price than the higher-value customers.

Explanation:

Price discrimination is the practice by which producers charge different prices to different consumers based on factors such as<em> age, income or location</em> to mention a few. This differentiation in prices is always justified by producers with one of those factors otherwise the approach would be considered illegal.

Direct price discrimination<em> is carried out when the firm charges lower prices to an unfavored sector of the market keeping the regular price in sectors where income is higher.</em>

6 0
3 years ago
What type of account is recommended for unexpected expenses?
velikii [3]

Answer:

emergency fund

Explanation:

5 0
2 years ago
Convert 32.7 kilograms to centigrams DUE IN 10 MIN
ryzh [129]

Answer:

A IS THE ANSWER

Explanation:

TO CONVERT KG TO CG YOU MULTIPLY YOUR NUMBER BY 100000 SO 32.7 x 100000 = 3,270,000 cg

8 0
2 years ago
Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.1 pound
photoshop1234 [79]

Answer:

Contribution margin per pound

K1  - $16.90

S5 - $8.60

G9  - $10.40

Explanation:

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

The contribution margin per pound for each of the three products is the ratio of the contribution margin per unit of a product to the number of pounds required per unit of that product.

                                           K1                  S5                        G9

Selling price                      $147.39        $112.64                 $215.56

Variable costs                     $95.00       $92.00                 $149.00

Contribution margin            $52.39       $20.64                 $66.56

Pounds per unit                       3.1                2.4                       6.4

Contribution margin/pound  $16.90       $8.60                   $10.40

7 0
2 years ago
Which of the following would not work on a newspaper either in print or online form
Arada [10]
D - A Superintendent
6 0
2 years ago
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