Answer:
When I was a little I wanted to be Luke Skywalker and fly around the galaxy destroying evil space stations. But things happened and I'm still waiting for the opportunity to kill Darth Vader, although I'm planning to visit Disneyland and maybe I'll be lucky.
Putting aside my childhood dreams, I grew up and discovered that the world was a little bit more complex and it didn't include space travel (and Parsecs are not a real time measure).
Life provides us with a lot of experiences and knowledge, along with may changes in our lives and our surroundings. Every single day I try to find a reason why I should be happy and enjoy the day, and what makes you happy is not blowing up the Death Star or visiting a waterfall in the Amazon. Small daily experiences are what makes us happy and they allow us to enjoy life. The pursuit of happiness is a daily trail, not a destination point.
The amount of profit made by Gareth upon the sale of the home is $26,700.
Computation:
Given,
= Principal Amount of $135,000
= interest rate of 2.20%
=number of years are 8 years
First, the value of the home at the end of the 8th year will be computed by using the formula of future value.
Now, the profit will be computed by taking the difference of the future value of the home and the purchase price or the principal amount of the home.
Therefore, at the time of sale of the home, the amount of profit gained by Gareth is $25,700.
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The journal entry to record the cash refund to the customer includes a debit to Sales Returns and Allowances and a credit to Cash for $40.
An item is returned to the seller by a customer or client as a sales return.
- Refund policies are customizable by businesses. There are other options, such as allowing free returns within a set time limit, imposing a restocking cost, or only allowing returns with a receipt. A shop credit or exchange may be available from some businesses. Accountants can enter these transactions in a sales returns account after confirming a return complies with a company's policy.
- An allowance is a reserve set aside in anticipation of costs that will arise at a later time. By creating a reserve, a cost that would have otherwise been recognized in a later period is instead recognized sooner, into the present period.
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Explanation:
A marketing message that is highly regarded in today's world, is one that manages to demonstrate business values in the form of procedures, products and services that contain added value in addition to the purely profitable.
As an example that would write a marketing message about a new clothing brand, it would include information that demonstrates that the manufacturing process and raw materials used in making the clothing is sustainable and has a low impact on the environment.
This is a strategy that increases the perception of stakeholders in relation to products, a brand that actually has parameters of sustainability in its processes can demonstrate them through its marketing messages to create value and greater reliability in the brand, being a great differential for consumers.
