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Ahat [919]
2 years ago
8

What type of discount would Lennox offer its air conditioner dealers if they placed their orders and received delivery before Ap

ril 1. prior to the mormal buying season when air conditioner sales are highest?
a. slotting allowance
b. cumulative quantity discount
c. seasonal allowance
d. advertising allowance
Business
2 answers:
gladu [14]2 years ago
7 0
Seasonal allowance would be given
Fiesta28 [93]2 years ago
4 0

Answer:

C. seasonal allowance

Explanation:

Seasonal Allowance is a marketing technique implemented by marketing companies to Encourage the purchase of its products or services during "off-peak" seasons, in this case, certain reductions in the price of a good or service are given to those who purchased the product or used the services of the Organisation when the sales volumes are expected to be low.

Seasonal allowance has been very effective in improving the overall sales volumes of Business Organisations especially during off-peak seasons.

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A.Red Company has excess cash to invest and pays Ş 50.000 to buy Ş 50.0000 face value, % 5 five-year B Company’s bonds July 1, 2
likoan [24]

Answer:

Dr Bond investment   $50,000

Cr  cash                                          $50,000

Dr cash                               $1,250

Cr interest revenue                            $1,250

Dr cash                          $50,000

cr bond investment                       $50,000

Explanation:

On July 1 2019,Red company would have parted with cash of $50,000 which means that cash account should be credited with $50,000 while bond investment account is debited with same amount

On receipt of first interest payment of $1,250 (5%*$50,000*1/2) cash is debited with $1,250 while interest revenue is credited with the same amount.

Upon receipt of face value at redemption,the journal entry would be opposite of the initial one

4 0
2 years ago
Which type of store has high sales volume, little service, and prices 20-40 percent lower than supermarkets?
enot [183]
Gas stations. That would be that.
6 0
3 years ago
What is the name of the two year program that prepares high school students for jobs in the hotel industry
Stells [14]
Certified Hospitality Instructor (CHI)
7 0
3 years ago
Read 2 more answers
Kent Fuller is in the 34 percent tax bracket. A nontaxable employee benefit with a value of $2,300 would have a tax-equivalent v
Phantasy [73]

Answer:

$3,484.85

Explanation:

Calculation to determine tax-equivalent value

Using this formula

Tax-equivalent value=Nont-taxable amount/(1-Tax rate)

Let plug in the formula

Tax-equivalent value=$2,300/(1-.34)

Tax-equivalent value=$2,300/.66

Tax-equivalent value=$3,484.85

Therefore A nontaxable employee benefit with a value of $2,300 would have a tax-equivalent value of:$3,484.85

6 0
3 years ago
Sunland Company had 203000 shares of common stock, 20100 shares of convertible preferred stock, and $607000 of 10% convertible b
svetlana [45]

Answer:

Option B fits perfectly,$1.61

Explanation:

Basis earnings per share is the total earnings attributable to common stock divided by the weighted average number of common stock in the year.

Earnings attributable to common is net income minus preferred stock dividends

Net income is $361,000

preferred stock dividend=20,100*$1.70=$ 34,170.00  

earnings attributable to common stock=$361,000-$ 34,170=$ 326,830

Weighted average number of common stock is 203,000 shares

basic earnings per share= $326,830/203,000=$1.61

The correct option is B,$1.61

 

6 0
3 years ago
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