Answer:
Answer is option e, i.e. Distributive fairness.
Explanation:
When any customer or any employee receive the product or reward as per their perception of what they believe they should receive. Then their exist a condition of justice and fairness in distribution. Here, in the above mentioned case the travelers are offered with future vouchers after they are bumped due to overbooked flights. In order to create a sense of fairness, they are issued with this future voucher. Thus, it is referred to as distributive fairness.
Answer:
The answer is $1,875
Explanation:
Money multplier effect = 1 / required reserve ratio .
And the required reserve ratio is 8 percent
Deposit into the checking account is $150.
Money multplier effect = 1 / 0.08
12.5
Therefore, the largest amount (in dollars) by which the money supply can increase as a result of the deposit of $150 is:
12.5 x $150
=$1,875
Answer:
The answer is:
Dr Cash $5,025
Cr: Receivable $5,000
Cr: Interest Revenue $25
Explanation:
The year is 360 days.
Annual rate is 6%
Therefore, interest rare for the 30-day is 1.5%[(90/360) x 6%]
So, the interest on the rate is:
0.5% x $5,000
$25.
The total amount collected from Bria will be principal + interest
$5,000 + $25 = $5,025
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have:
Dr Cash $5,025
Cr: Receivable $5,000
Cr: Interest Revenue $25
Answer:
2041 shares
Explanation:
Maximum amount for investment = $ 50 000 / 70 % = $ 71428.571
maximum number of shares = $ 71428.571 / $ 35 = 2040.812 approx 2041 shares
Explanation:
The computation is shown below:
a. Net purchase
= Purchase - Purchase Returns and Allowances - Purchase Discounts + Freight in
= $330,000 - $8,000 - $6,000 + $12,000
= $328,000
b. The cost of goods available for sale is
= Beginning inventory + purchase
= $50,000 + $328,000
= $378,000
c. The cost of goods sold is
= The cost of goods available for sale - ending inventory
= $378,000 - $80,000
= $298,000
