Accounting Prepare general journal entries to record the following transactions for the Harris

In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have _____. Mult

CaHeK987 [17]

Answer:

gained the ability to produce and distribute sport content and commentary.

Explanation:

In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have gained the ability to produce and distribute sport content and commentary.

4 0

3 years ago

When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the

Airida [17]

Answer:

100%

Explanation:

Let the normal retail price of the sweater be 'SP' and the cost price be 'CP'

Therefore,

The selling price = SP - 40% of SP = SP - 0.4SP = 0.6SP

Now,

the profit = 20% of CP = 0.2CP

also,

Profit = Selling Price - Actual price

or

0.2CP = 0.6SP - CP

or

1.2CP = 0.6SP

Or

CP = 0.5SP

or

SP = 2CP

thus,

Increase percentage in sweater marked up from wholesale at its normal retail price

= $\frac{SP-CP}{CP}\times 100$

or

= $\frac{2CP-CP}{CP}\times 100$

= 100%

3 0

2 years ago

Advertising increases levels of consumer purchase of specific brands which in turn affects gross domestic product. T/F

jeka57 [31]

Answer:

The correct answer is False.

Explanation:

Advertising really tries to increase the purchase levels of products and services, not specific brands. Therefore, this statement is false considering that although all economic transactions affect GDP (positively or negatively), the advertising function is not aligned with its duty.

8 0

2 years ago

Read 2 more answers

The primary source of information to be reported about litigation, claims, and assessments is the:_________

cluponka [151]

Answer:

Client's management

Explanation:

Client's management in business can be explained as the act of maintaining the positive relationship between the client and the company in order to have a productive interaction so that the company can deliver the quality of service required by the client and for lasting relationship between them.

This is important in business to keep your client from getting their service/ product elsewhere. It should be noted that the primary source of information to be reported about litigation, claims, and assessments is the Client's management

8 0

3 years ago

Suppose that a firmâ€™s recent earnings per share and dividend per share are $2.50 and $1.50, respectively. Both are expected to

Elis [28]

Answer:

D0 1.50

D1 1.60

D2 1.78

D3 1.94

D4 2.12

D5 2.31

Price of the stock after 5-year $ 77

PV $ 81.75

Explanation:

Earning per share 2.5

Dividend per share 1.5

grow ratio 9%

P/E ratio 24

within 5 year is expected to fall to 20

We solve for the dividend by multiplying the dividends by the grow rate of 9%

We solve for the earning after 5 years:

$Principal \: (1+ r)^{time} = Amount$

Principal 2.50

time 5.00

rate 0.09000

$2.5 \: (1+ 0.09)^{5} = Amount$

Amount 3.85

Then we multiply by 20 to get the value of the stock:

$ 3.85 x 20 = $ 77

We solve the horizon value:

$\frac{D_1}{r-g} = PV\\\frac{D_0(1+g)}{r-g} = PV\\$

$\frac{1.5(1+0.09)}{0.11 - 0.09} = PV\\$

PV $ 81.75

7 0

2 years ago