Answer:
TBC means “To be confirmed“. It is used to describe an item that is not yet certain or is being developed.
Explanation:
Answer: technological environment
Explanation:
Technological environment simply has to do with how science and technology and technological progress has impacted on businesses.
The technological environment is the environment whereby the technological changes affect the marketing efforts of firms. Therefore, a business that establishes a web-site and begins to allow customers to place its orders online without ever coming into their store, is responding to changes in the technological environment.
The journal entries are given below:
- For recording the accrued interest:
On Dec. 31
Interest Receivable $240
To Interest Revenue $240
(To record the accrued interest)
- For recording the receipts from the borrower
On Feb 1
Cash $9,920
To Interest Receivables $240
To Interest Revenue $80
To Notes Receivables $9,600
(To record the amount received from the borrower)
In this way, the journal entry should be prepared.
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I think it’s b, most payments paid on time
Answer:
b) $20
Explanation:
The minimum acceptable price per unit is $20.
This is because the minimum acceptable price is the break even price for the division. We will not include $7 fixed cost because it is not relevant to this transaction as it has to be paid regardless of this transfer.
The Minimum price thus is the price that cancels out all relevant costs namely the variable costs of $20.
Relevant costs are also known as the incremental costs that are incurred only when a particular activity is undertaken. Fixed costs as such are not incremental. Since there is spare capacity we are not forgoing any profits from external exchanges that needs to be accounted for.
Hope this helps
