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marta [7]
3 years ago
6

Which type of data is represented in the following statement? 42% of customers who purchase a warranty plan use the warranty ser

vices before the warranty expires
A. Secondary research data

B. Qualitative data

C. Quantitive data

D. Primary research data
Business
1 answer:
MrRissso [65]3 years ago
5 0

Answer:

The answer is going

to be A. secondary research data

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Reformation permits the court to order the breaching party to perform the acts promised in the contract.
blsea [12.9K]
B. false 
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5 0
3 years ago
On June 30, 2021, Mabry Corporation issued $5 million of its 8% bonds for $4.6 million. The bonds were priced to yield 10%. The
Vedmedyk [2.9K]

Answer:

D. $30,000

Explanation:

The bond is issued on discount when the issuance price is less than the face value of the bond. The discount is expensed over the bond period until maturity. It is added to the interest expense value to expense it.

This discount will be amortized using Effective Interest method as below

Interest Payment = $5,000,000 x 8% x 6/12 = $200,000

Interest Expense = $4,600,000 x 10% x 6/12 = $230,000

Discount amortization = $230,000 - $200,000 = $30,000

5 0
2 years ago
Which of the following is a likely cause of​ globalization? A. Trade barriers have been added worldwide. B. Developing economies
Vesna [10]

Answer: Option B

Explanation: Globalization refers tot he process under which certain business entities starts operating their business in many different countries of the world.

One of the major reasons behind the increasing globalization is the condition in developing nations. The developing nations like India and Pakistan have a large population with a strong purchasing power, but due to lack of technology and capital these economies lack competitive producers.

Therefore, every second business firm with sufficient resources wants to operate in these economies for profit maximization.

4 0
3 years ago
The following events apply to Montgomery Company for Year 1, its first year of operation:
Dmitry_Shevchenko [17]

Answer:

Montgomery Company

a. General Journal

1. Debit Cash $45,00

Credit Common stock $45,000

To record the issuance of common stock for cash.

2. Debit Accounts Receivable $64,000

Credit Service Revenue $64,000

To record the performance of services on account.

Debit Operating Expenses $9,700

Credit Accounts Payable $9,700

To record expenses incurred on account.

3. Debit Salaries Expense $37,000

Credit Cash $37,000

To record payment of salaries for cash.

4. Debit Dividend $4,600

Credit Cash $4,600

To record the payment of dividend to shareholders.

5. Debit Accounts Payable $7,100

Credit Cash $7,100

To record the payment on account

6. Debit Cash $42,500

Credit Accounts receivable $42,500

To record receipt of cash on account.

7. Debit Cash $11,100

Credit Service Revenue $11,100

To record the receipt of cash for services.

b. T-accounts:

Cash

Account Titles                  Debit     Credit

Common stock           $45,000

Salaries Expense                        $37,000

Dividend                                          4,600

Accounts Payable                            7,100

Accounts receivable    42,500

Service Revenue            11,100

Balance                                      $49,900

Common Stock

Account Titles           Debit     Credit

Cash                                      $45,000

Accounts Receivable

Account Titles           Debit     Credit

Service Revenue  $64,000

Cash                                     $42,500

Balance                                   21,500

Service Revenue

Account Titles           Debit     Credit

Accounts Receivable          $64,000

Cash                                         11,100

Balance                  $75,100

Operating Expenses

Account Titles           Debit     Credit

Accounts Payable  $9,700

Accounts Payable

Account Titles           Debit     Credit

Operating Expenses            $9,700

Cash                       $7,100

Balance                 $2,600

Salaries Expenses

Account Titles           Debit     Credit

Cash                       $37,000

Dividends

Account Titles           Debit     Credit

Cash                       $4,600

Explanation:

a) Data and Analysis:

1. Cash $45,000 Common stock $45,000

2. Accounts Receivable $64,000 Service Revenue $64,000

Operating Expenses $9,700 Accounts Payable $9,700

3. Salaries Expense $37,000 Cash $37,000

4. Dividend $4,600 Cash $4,600

5. Accounts Payable $7,100 Cash $7,100

6. Cash $42,500 Accounts receivable $42,500

7. Cash $11,100 Service Revenue $11,100

5 0
3 years ago
Solve the system of linear equations using elimination.
krek1111 [17]
-3x-5y=-15
-3x-3y=-3
-2y=-12
y=6

-3x-5(6)=-15
-3x-30=-15
-3x=15
x=-5

The answer would be C, (-5,6)
7 0
3 years ago
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