2 years ago

Why may Consumers overspend when using a credit card?

1 answer:

8 0

Because it is very easy to spend money that you do not have by using a credit card. Most think they can pay it off the following month, but that rarely happens.

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The most common occupational frauds in small businesses involve employees doing all of the following EXCEPT______________.a. ski

kotykmax [81]

Answer:

D. Altering financial statement

Explanation:

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2 years ago

A modified DCF analysis is best for evaluating and selecting the optimal strategic alternative when a company has ___ goal(s) an

Trava [24]

Answer: single; quantitative

Explanation:

The discounted cash flow analysis is a method that is used to determine the value of a project, security, or assets by using time value of money.

The discounted cash flow analysis is used in real estate, investment finance, patent valuation etc. A modified DCF analysis is best for evaluating and selecting the optimal strategic alternative when a company has single goal(s) and quantitative measures.

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3 years ago

Gross billings for merchandise sold by Lang Company to its customers last year amounted to $12,520,000; sales returns and allowa

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Answer:

c. $12,175,000.

Explanation:

Given: Merchandise sold by Lang company= $12520000.

Sales return and allowances= $270000.

Discount= $140000.

While calculating net sales, freight out charges is not included as it an selling expense and it should be included while calculating Gross profit of the company.

Here, we have to find the last year net sales for Lang company.

∴ $Net sales= sales\ revenue- (sales\ returns\ and\ allowances + sales\ discount)$