The name which is given to the situation where a <em>product is advertised for sale</em> at a greatly reduced price, but the salesperson <em>tries to get customers </em>to buy a more expensive item instead is called:
According to the given question, we are asked to state the name which is given to the situation where a <em>product is advertised for sale</em> at a greatly reduced price, but the salesperson <em>tries to get customers </em>to buy a more expensive item instead.
As a result of this, we can see that upselling is a phenomenon where the salesperson tries to get the customer to purchase a more expensive item, <em>instead of the product </em>which was advertised at a greatly reduced price.
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Answer:
On November 27
Debit Retained earnings $12,750
Credit Dividend payable $12,750
<em>(To record the dividend declared)</em>
On December 24
Debit Dividend payable $12,750
Credit Cash $12,750
<em>(To record dividend paid) </em>
Explanation:
- Dividends on gains on shares bought by the shareholders. They arise due to appreciation in share price and improvement in company's net income.
- The dividend payable was calculated as $.5 x 25,500 shares = $12,750.
- Dividends are usually paid out of retained earnings.
- The dividend payable account is debited when payment is to be made.
<span>You would receive a tax refund from the IRS if you paid too much in taxes versus what your net income was during the year. The taxes owed is less than what was paid to the IRS during the year. If you receive credits for what you are able to deduct from your net income, then you will be able to receive money back at the end of the year for over paying during the year.</span>
Answer:
The answer is: $51.695,00
Explanation:
To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
The formula is:
n
<h3>NPV= ∑ Rt/(1+i)^t</h3>
t-1
where:
R t =Net cash inflow-outflows during a single period t
i=Discount rate or return that could be earned in alternative investments
t=Number of timer periods
In this exercise:
NPV= [16500/(1,079^1)]+[25700/(1,079^2)]+[18000/(1.079^3)]
NPV= $51695
The answer is the Treaty of Rome. The treaty of Rome was established to create a certain establishment between the European countries. In this treaty, they were able to create single markets for products and labor. They were able to create policies that had benefitted the agricultural sectors of the European Union as well as lessen the burden of transporting goods from one destination to another