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3 years ago

7

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

terest?

2 answers:

Lemur [1.5K]3 years ago

8 0

Answer:

I think the answer is A

Explanation:

iogann1982 [59]3 years ago

4 0

<span>The answer to your question is Annual Compounding</span>

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CL Inc., a new firm, used mass media to gain traction among customers. The company used sales promotions and public relations to

uysha [10]

Answer: Integrated marketing communications

Explanation: It is a system of brand messaging used by several organisations nowadays. In such a system all the branches of marketing such as advertising, promotions, public relations etc are molded together to increase the potential of the business.

In the given case CL inc. used both sales promotion and public relation for making their potential and existing customers more aware.

Hence, from the above we can conclude that Option C is correct.

5 0

4 years ago

December 3 – Vogel Corporation sold inventory on account to Hatcher Corp. for $492,000, terms 1/10, n/30. This inventory origina

laiz [17]

Answer:

Journals :

<u>December 3</u>

Accounts Receivable :Hatcher Corp. $492,000 (debit)

Cost of Sales $309,000 (debit)

Sales Revenue $492,000 (credit)

Inventory $309,000 (credit)

<em>Sold goods on credit to Hatcher Corp</em>

<u>December 8 </u>

Sales Revenue $3,200 (debit)

Inventory $2,010 (debit)

Accounts Receivable : Hatcher Corp. $3,200 (credit)

Cost of Sales $2,010 (credit)

<em>Hatcher Corp. returned goods</em>

<u>December 12</u>

Cash $43,920 (debit)

Discount allowed $4,888 (debit)

Accounts Receivable : Hatcher Corp. $488,800 (credit)

<em>Payment received from Hatcher Corp and discount allowed recognized</em>

Net Sales to be reported :

Net Sales = $483,912

Gross profit percentage ;

36.56 %

Explanation:

Payment made by Hatcher Corp is still within 10 days (the discount period) thus the customer is eligible for a cash discount calculated on the sales amount less returns as follows :

Discount allowed = $488,800 × 1%

= $4,888

Thus,

Net Sales = $492,000 - $3,200 - $4,888

= $483,912

Gross Profit Percentage = Gross Profit /Sales × 100

Where

Gross Profit = Sales - Cost of Sales

= $483,912 - ($309,000 - $2,010)

= $176,922

Therefore,

Gross Profit Percentage = $176,922/ $483,912 × 100

= 36.56 %

8 0

4 years ago

The days sales in recievable for baker sales is 35 the days sales in receivables for xanadu company is 25 this suggest xanadu is

JulsSmile [24]

Answer:

B. False

Explanation:

The days sales in receivable indicates the number of days in which a company receives the payments of its credit sales. A lower number indicates that the business collects the money faster and more efficiently. According to this, the statement is false because the days sales in receivable for baker sales is 35 and for xanadu company is 25 which means that xanadu company is having less difficulty in collecting the money.

7 0

3 years ago

Read 2 more answers

An accounting firm reimburses employees for tuition and fees if they complete job-related coursework with a b or better. the acc

Vanyuwa [196]

The answer is maslow's levels of needs. The maslow termed physical, security, fitting, love, esteem, self-actualization and self-transcendence to define the array that a person inspirations usually change over and done with. The aim of maslow theory is to accomplish the sixth level of stage which is self transcendent requirements.

5 0

3 years ago

Volume(units) Series 1 Series 2 Series 3 Series 40 $450 $0 $800 $100100 450 800 800 105200 450 1,600 800 120300 450 2,400 1,600

elena55 [62]

Answer: Please refer to Explanation

Explanation:

To make your question clearer, I have attached a table that demarcates the figures.

Series 1 are FIXED COSTS. Fixed costs do not change over the production process and are not dependent on the level of production. Even if you were not producing anything you would still be accruing fixed costs. Notice how the cost stays at $450 throughout even when no production was being done. It is a fixed cost.

Series 2 is a VARIABLE COST. Variable costs change as production takes place. They rise as more goods are produced and usually do so at a steady rate. Variable costs are not incurred when production is not going on. Notice in Series 2 how there was no cost at 0 units but as soon as production started the costs started increasing at a steady rate of 800 per hundred units.

Series 3 is what we call STEP-WISE COST. It gets it's name from the fact that it looks like a step when graphed. Why?

These costs stay stable for a certain amount of production and then change depending on if production increases or decreases. Notice how from 0 units to 200 units it stayed the same and then increased and stayed the same again.

I have attached a sample of step wise costs.

Series 4 is what we call CURVILINEAR COST. They are the confused guys so to speak because they increase at an irregular rate as production rises. Notice how it increased by 5 and then by 15 and then by 25. Irregular rate rise. I have also attached a sample of this when it is graphed.

Thanks all I have for today. Thank you for coming to my Ted Talk. If you need any clarification do comment.

8 0

4 years ago