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4 years ago

Which of the following is NOT a useful strategy when making an informed purchase

Business

1 answer:

Levart [38]4 years ago

5 0

Answer:

Based on the options you have mentioned under the "comments" section, I'd choose option A. Its not useful to let social media influence you and do the deciding for you!

Explanation:

Looking at the price, comparing the cost and quality of various similar products, reading and analyzing the product reviews are all great ways to be informed and educated before spending your hard earned cash on something.

However, getting influenced through social media or through any media and letting the fancy words, graphics and quotes in marketing campaigns cloud your rational judgement is not very wise (its actually Stupid!) of course they influence you in some way, yet you must always decide rationally through logical reasoning.

Do I really need this? Are there any other products with the same quality at a lower price? Why is this so expensive? How long will it last? are some of the other basic questions you should answer before making a purchase. In the process of fining answers to such questions, you'll eventually make an informed purchase!

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An aging of a company's accounts receivable indicates that $13900 are estimated to be uncollectible. If Allowance for Doubtful A

tino4ka555 [31]

Answer:the adjustment to record bad debts for the period will require a

Debit on Bad debt expenses for $ 12,670 and a credit To Allowance for doubtful accounts for $ 12,670

Explanation:

Account receivables for uncollectibles= $13,900

Allowance for Doubtful Accounts = credit balance of $1230

Adjusting entry for bad debts expense =Account receivables - credit balance of $1230

= $13,900- $1,230

=$12,670

Adjusting entry for the record of bad debts expense

Accounts titles Debit Credit

Bad debt expenses $ 12,670

To Allowance for doubtful accounts $ 12,670

8 0

3 years ago

The following is not a distinguishing characteristic of a life estate.

CaHeK987 [17]

Answer:

The correct answer is letter "B": Holders of future interest own only a reversionary interest.

Explanation:

A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -called the life tenant, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that holders of future own revisionary or remainder interest, and that the estate could be created by agreement from private parties or by law under prescribed scenarios.

6 0

4 years ago

Shunda Corporation wholesales parts to appliance manufacturers. On January 1, Shunda issued $30,000,000 of five-year, 10% bonds

ahrayia [7]

Answer and Explanation:

a. The Journal entry is shown below:-

1. Cash Dr, $32,433,150

To Premium on Bonds Payable $2,433,150

To Bonds Payable $30,000,000

(Being Sale of bonds is recorded)

2. Interest Expense Dr, $1,297,326

($32,433,150 × 4%)

Premium on Bonds Payable Dr, $202,674

To Cash $1,500,000

($30,000,000 × 5%)

(Being First semiannual interest payment, including amortization of premium is recorded)

3. Interest Expense Dr, $1,289,219

($32,433,150 - $202,674) × 4%

Premium on Bonds Payable Dr, $210,781

To Cash $1,500,000

(Being second semiannual interest payment, including amortization of premium is recorded)

($30,000,000 × 5%)

b. Annual interest paid $3,000,000

Less: Premium amortized $364,094

($202,674 + $161,420)

Interest expense for first year $2,635,906

7 0

3 years ago

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2015, the company's board of di

victus00 [196]

Answer:

The necessary journal entry to record the declaration of the stock dividend is as followed:

31st December 2015

Dr Retained Earnings 200,000

Cr Common Stock Dividend Distributable 40,000

Cr Additional Paid-in capital - Common stock 160,000

( to record 20% stock dividend declaration)

Explanation:

As stock dividend is declared to be at 20%, this is a small stock dividend.

As at Dec 31st 2015, 100,00 shares is outstanding, the number of stock to be distributed under the form of dividend is: 100,000 x 20% = 20,000 stocks;

Thus:

Retain Earnings account will be decreased ( Debited) by the amount equal to Market price per stock at declaration x the number of stock to be distributed = 10 x 20,000 = $200,000.

Common stock account will be increased ( Credited) by the amount equal to Par value per stock x the number of stock to be distributed = 2 x 20,000 = $40,000.

The differences between Debit Retained Earnings and Cr Common stock will go into Cr Additional Paid-in capital - Common stock $160,000 ( $200,00 - $40,000).

8 0

4 years ago

When it comes to market sizing, things tend to be a bit __________ for b2b sellers compared to b2c sellers.

snow_tiger [21]

In relation to market sizing, matters tend to be a bit simpler for b2b sellers as compared to b2c dealers.

The "marketplace sizing" is made from the entire wide variety of capacity shoppers of a service or product inside a given market, and the entire revenue that these sales might also generate. it's crucial to calculate and understand marketplace size for several reasons.

Market sizing research affords insights into market funding decisions and ambitions to discover the ability of a marketplace in terms of length and profitability.

Everyday market length (NMS) is the minimum range of stocks that market makers ought to deal with in a transaction for that specific stock at a specific charge. normal market length way that there may be an assured bid and offer in the inventory to maintain expenses and trades flowing.

Learn more about market sizing here: brainly.com/question/13859545

#SPJ4

4 0

2 years ago