Answer:
Explanation:
The journal entries are shown below:
a. Inventory A/c Dr $26,000
To Notes payable A/c $26,000
(Being inventory is purchased for signing the short term notes payable)
b. Interest expense A/c Dr $780
Notes payable A/c Dr $26,000
To Cash A/c $ $26,780
(Being cash is paid on maturity)
The interest expense is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $26,000 × 6% × (6 months ÷ 12 months)
= $780
The 6 months is calculated from March 1 to September 1
Answer:
Make only what it knows people will buy; try to sell whatever it decides to make.
Explanation:
The marketing concept focuses on the needs that the customers have to be able to offer what they would be willing to buy. On the other side, the production orientation is when a company focuses on the manufacturing process and would create products in which it is good at producing. According to this, the answer is that the marketing concept implies that the manufacturer will make only what it knows people will buy; a production orientation implies that the manufacturer will try to sell whatever it decides to make.
Answer:
I’m not sure what you mean but sleeping on a case is bad because when revealing the problem might be handle to late
Explanation:
Answer:
B/E ratio 1.2356
Explanation:
300,000 - 43,000 = 257,000
257,000/0.04 = 6,425,000
initial cost 2,200,000
unkeep cost 120,000/0.04 = 3,000,000
6,425,000/(2,200,000+3,000,000) = 1.235576923
Note we are given a discount rate, which means the upkeep, benefits and disbenefits are perpetual.
