The best strategy would be to invest in a property and then rent it to recover our investment and obtain additional profits.
<h3>What is an inversion strategy?</h3>
An investment strategy is an organized method of investing money in a business and making a profit in the future. This strategy allows us to organize our ideas to establish the best option that is within our reach to make the most of our investment.
<h3>What investment strategy should we use in this case?</h3>
In this case, taking into account that we no longer have pending obligations to pay, we can have $350. In this way, we can look for a property that can be paid in installments and acquire it.
Once we have paid the total value of our property, we can lease it, recover our investment and earn in the medium term.
Learn more about investments in: brainly.com/question/16822436
Answer:
J1
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
J2
Merchandise $230 (debit)
Cost of Sales $230 (credit)
Explanation:
When Cullumber Company sells goods to Pharoah Company the entries to recognize the cost of sale and decrease in inventory will be :
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
When Pharaoh Company returns goods to Cullumber Company, the entries to de-recognize the cost of sale and recognize the replenishment of inventory will be :
Merchandise $230 (debit)
Cost of Sales $230 (credit)
Answer:
Several factors are driving Kristina’s and Andrew’s business decisions. Here are a few:
tax rates
availability of labor
distance to a major airport
access to highways
transportation infrastructure
Explanation:
Answer:
a) True
Explanation:
Cost leadership strategy strives to focus on reducing per unit cost of production and thus charging lower price of the product as compared to the competitors.
The strategy is followed when the product is identical and cannot be differentiated based on quality or brand name, consumers only focus on products which are priced cheapest.
Answer:
d. net income for the year will be overstated.
Explanation:
The prepaid rent account is used to record the amount paid in advance for rent. Once the amount is paid, the entries required are
Debit Prepaid rent
Credit Cash account
On subsequent use of the rent, the required entries are
Debit Rent expense
Credit Prepaid rent
As such where at the end of the fiscal year, the usual adjusting entry to update Prepaid Rent for the portion of the benefit that was used up / expired was accidentally omitted, net income for the year will be overstated as the rent expense that would have been posted to reduce it would have been omitted.