Answer:
Cash is credited for $89
Supplies Expense is debited for $40
Delivery Expense is debited for $49.
Explanation:
The journal entry is shown below:
Delivery expenses $49
Supplies expenses $49
To Cash $89
(Being the replenish of the account is recorded)
While recording this journal entry we debited the delivery expenses, supplies expenses and credited the cash account so that the proper posting could be done
Answer:
the nominal interest rate is 7%
Explanation:
The calculation of the nominal interest rate is given below:
As we know that
Nominal interest rate is
= Real interest rate + Inflation rate
So,
The nominal interest rate should be
= 5% + 2%
= 7%
Hence, the nominal interest rate is 7%
The same is to be considered and relevant
Answer:
1. He has not developed the idea yet
2. His employer knows he his a pacifist so he has the delima is he ethically correct to not develop a product that can be used for warfare.
Explanation:
In this scenario Ben signed an agreement with his employer that all ideas he has developed on the job and while working with the company is a property of the company.
This is a common agreement that gives a company property rights over work developed by their employees.
However since Ben is a pacifist he has an ethical dilemma when he has an idea that can weaponize an ultrasonic range-finding device.
He is justifying his decision by saying the idea has not been developed yet and his employer will not expect him to develop such technology since he is a pacifist.
Answer:
a. hedonic criteria
Explanation:
While shopping for a new dress to wear at her high school reunion, Gemma buys an expensive designer dress because of the prestige associated with the designer brand. She wants to convey to her old classmates that she is rich and successful. Gemma most likely decided on the dress on the basis of <u>hedonic criteria.</u>
Hedonic purchase are made to feel pleasure, fun and luxury. This purchase are meant for maintaining social status. It is opposite to the utilitarian purchase which are made for nessesities and basic need of life. Hedonic purchase are influnced by peer group, society and self ego.
Hence, the given case Gemma most likely decided on the dress on the basis of Hedonic criteria.
Answer:
$20.94
Explanation:
first we must determine the present value of the the 3 rent amounts:
PV = $20/1.1 + $21/1.1² + $22/1.1³ = 52.07
then you need to calculate the payment considering the following values:
- principal = $52.07
- n = 3
- i = 10%
using a loan calculator payment = $20.9381 ≈ $20.94
