Answer and Explanation:
The journal entries that are required to adjust merchandise inventory is given below:
Income Summary $121,000
To Inventory $121,000
(Being eliminate Beginning inventory balance is recorded)
Inventory $116,500
To Income Summary $116,500
(Being the cost of ending inventory is recorded)
These two entries should be recorded for adjusting merchandise inventory
Time management is important in daily activities. People who manage their time well, succeed in life. Time management and critical thinking are linked to each other. Critical thinkers manage their time according to the situation. A critical thinker will use his thinking ability to judge and understand the situation and manage the time.
Answer:
FV= $22,333.56
Explanation:
Giving the following information:
Semi-annual investment= $750
Interest rate= 0.08/2= 0.04
Number of periods= 10*2= 20
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= semi-annual deposit
FV= {750*[(1.04^20) - 1]} / 0.04
FV= $22,333.56
Answer:
$102,000.
Explanation:
The maturity value is the principle + interest.
First calculate the interest:
$100,000 x .06 x (4/12) months = $2,000
Maturity value is $100,000 + $2,000 = $102,000
Answer:
Global advertising
Explanation:
Global advertising -
It refers to the method of popularizing a specific goods or services to the whole world , is referred to as global advertising .
Only specific companies or business are able to advertise their products on the global platform and earn some profit .
The example are -
Microsoft , Coca cola , McDonald's etc .
Hence , from the given scenario of the question ,
The correct answer is Global advertising .