Answer: $25000
Explanation:
From the question, we are informed that Betty made a 20% profit on a residential lot she sold for $30,000. Let the cost price of the property be represented by x.
Therefore, (100% + 20%) of x = $30000. This means that 120% of x = $30000.
120% × x = $30000
1.2x = $30000
x = $30000/1.2
x = $25000
Therefore, the amount paid for the property is $25000
Given:
July 1 borrowed money from eight national bank on 8-month, 40,000, 5% note.
Interest and principal is all due on February 28
No journal entries were made.
Recognizing cash and notes payable.
Debit Credit
Cash 40,000
Notes Payable 40,000
Interest on Notes payable
Interest Expense 1,333
Interest Payable 1,333
Recognizing interest owed but not yet paid.
40,000 * 5% * 8/12 = 1,333
On February:
Notes Payable 40,000
Interest Payable 1,333
Cash 41,333
Answer:
using both industry attractiveness and business strength measurements in allocating resources and investment capital to a corporation's different businesses.
Explanation:
A nine-cell matrix can be defined as a strategic framework that provides a systematic approach used multi-business corporations to set priority on their investments among the different business units. Thus, it offers strategic implications of an investment by evaluating business portfolios, which are mainly based on business strength and market attractiveness.
Furthermore, the nine-cell industry attractiveness competitive strength matrix is a strategic framework adopted by individuals or managers in order to assist them in deciding which businesses should have low, average, and high priorities in deploying corporate resources.
Hence, the nine-cell attractiveness-strength matrix provides clear, strong logic for using both industry (market) attractiveness and business strength measurements in allocating corporate resources and investment capital to the different businesses owned by a corporation.
Her decision is known as a "satisfice" decision
Answer:
you have to pay because it's a trade instead of for an example trading a coat for a meal you would give pay money to get the object.
Explanation:
Hope this helps:)
