Answer:
A) debit to Accounts Receivable for $9,300
Explanation:
The journal entry to record the sale should be:
XX, YY, merchandise sold on account, credit terms 2/10, n/30
Dr Accounts receivable 9,300
Cr Sales revenue 9,300
Credit terms 2/10, n/30 means that if the customer pays within the discount term (10 days) they will get a 2% discount. If the customer pays after the discount term and before 30 days, they have to pay the full invoice price.
Because the main goal of high-stakes testing is to upgrade the performance of poorly achieving students, low-income and ethnic minority children are <span>especially likely to be exposed to narrowly focused, regimented teaching.
They do this to them because Children from low-income family tend to not have an additional guideline from their parents because they tend to take two or more job.</span>
Answer:
66.67%
Explanation:
A firm has an EPS of $12
The dividend paid is $4
The first step is to calculate the payout
= 4/12
= 0.3333×100
= 33.33
Therefore the Plowback ratio can be calculated as follows
= 1-33.33%
= 0.667×100
= 66.67%
Hence the Plowback ratio is 66.67%
Answer:
B. Discrimination
Explanation:
Discrimination refers to the act of unfair judgement on a specific group of people based on characteristics such as age, gender, race, religion, country or even sexual orientation. It involves discriminating (treating a person unfairly) against a person because of the characteristics he or she possesses. In this case, Scott was discriminated against because he's an African American and believed by the employer not to be hardworking because of his race.
