Answer:
showrooming
Explanation:
In showrooming, a customer visits a store to touch, feel, and even discuss a product's features with a sales associate, and then instantly compares the prices online to see whether a better deal is available.
Answer:
Option C. A debit to Equipment for $620, a credit to Cash for $140, and a credit to Accounts Payable for $480.
Explanation:
The reason is that the equipment has been acquired by the business which is worth $620 and this means that the equipment which is asset in nature must be increased by it fair value which is $620. The purchase of equipment requires the payment of $140 at the spot which means that the cash asset will be reduced by $140 and the remainder $480 will be paid in future which means that the current liabilities will be increased by $480.
Increase in Equipment (fixed asset) is debited by $620.
Decrease in Cash (asset) is credited with $140.
Increase in current liability is always credited and in this case must be credited with $480.
Journal entry in nutshell is as under:
Dr Equipment $620
Cr Cash Account $140
Cr Accounts Payables $480
The correct answer among the choices listed above is option C. A single unit investment comprising various stocks, bonds, and other investments is called a mutual fund. It is an investment program funded by shareholders.
Answer:
b. $14.7 million
Explanation:
In order to compute the asset retirement obligation, first we have to compute the expected cash flows which are shown below:
= Cash outflows × probability + Cash outflows × probability
= $10 million × 60% + $30 million × 40%
= $6 million + $12 million
= $18 million
Now the asset retirement obligation would be
= (Expected cash flows) ÷ (1 + interest rate)^ number of years
= ($18 million) ÷ (1 + 0.07)^3 years
= ($18 million) ÷ 1.225043
= $14.7 million
Answer:
Required return will be equal to 9.30%
Explanation:
We have given current dividend of the year = $2.00 per year
Current price = $21.50
We have to find the market required return
Required return is equal to ratio of current dividend and current price
Required return
= 9.30 %
So required return will be equal to 9.30 %
