Answer:
C. An enterprise zone
Explanation:
An enterprise zone is a geographical location set up by the government of that location in which companies and businesses can enjoy a variety subsidies like reduction in taxes and resource inputs used. The idea of this is to encourage businesses to stay and revitalize their business or encourage growth of new businesses.
Amazon’s efforts to offer customers the option to return or purchase items in the physical world is a decision that most closely aligns with <u>Physical Evidence</u>.
This is because the retail marketing mix has seven elements.
These elements are usually known as the 7 Ps, including product, price, promotion, place, people, process, and physical evidence.
It is expected that the <u>Physical Evidence</u> should give the customers the sense of making a purchase.
This could be anything from collecting a physical receipt or having the opportunity to return a defective product.
The Physical Evidence gives the customers an impression of the value of what they purchase goods.
Hence, in this case, it is concluded that the correct answer is <u>Physical Evidence</u>.
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Answer:
C. $570 increase in liability
Explanation:
Particulars Amount
Land $1,400 [50000-48600]
Long term capital gain +$3,000 [1000 * (15-12)]
Short term capital loss <u>-$600 </u> [300 * (8-10)]
Total Capital Gains $3,800
Tax Rate <u>15%</u>
Increase in liability <u>$570</u> [$3,800 * 15%]
When a new product is not being sold at the rate originally forecasted, the retailer may reduce the price in order to reduce the inventory of the product. this reduction is known as a Markdown.
<h3>What does pricing markdown mean?</h3>
A markdown lowers the price of a product to reflect the actual amount customers are ready to pay; as a result, it devalues the item. The price of a product may need to be reduced more until it sells at a profitable rate if sales don't pick up after the initial markdown.
<h3>How do markdown and markup differ from one another?</h3>
A price can be changed by markup and discount (or cost of an item). Increasing an item's cost price before selling it is referred to as a markup. Reducing an item's selling price is referred to as a markdown (this is often called a discount in retail shops)
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Answer:
Dec 31 Interest Receivable $4500 Dr
Interest Revenue $4500 Cr
Explanation:
The loan is for one year and the interest rate 10% is annual interest rate. Thus the tota interest revenue on loan for one yar will be,
interest revenue = 135000 * 0.1 = 13500
The adjusting entry is made on 31 december i.e. 4 months after the loan was granted to the customer. So, following the accrual basis, the 4 month's interest relates to this yeaar's period and the interest revenue will be recorded on 31 december along with a debit to interest receivable.
The 4 month's interest revenue = 13500 * 4/12 = 4500
