Answer:
<em>SNIPES BOOKS</em>
<em>June 8th</em>
Accounts Receivables 18,250 debit
Sales revenue 18,250 credit
COGS 10,400 debit
cash 400 credit
merchandise inventory 10,000 credit
Sales returns 5,000 debit
Accounts Receivables 5,000 credit
Merchandise Inventory 3,000 debit
COGS 3,000 credit
Cash 12,985 debit
Sales Discount 265 debit
Account Receivables 13,250 credit
Explanation:
Snipes will pay the freight as the term are FOB destination, which means the goods are still theirs until they arrive. Therefore it must take all thecost of transportation.
Balance of Beejoy account regarding Snipes company
Purchase - returned goods = balance at payment
18,250 - 5,000 = 13,250
13,250 x 2% = 265
net amount due: 12,985
Answer:
$16,667
Explanation:
Given that
Cash flows = $1,000
Growth rate = 6%
Interest rate = 12%
So by considering the above information, the amount would be
Amount = Cash flows ÷ (Interest rate - growth rate)
= $1,000 ÷ (12% - 6%)
= $16,667
We simply applied the above formula so that the amount could come by considering the given information
Answer:
These are the options for the question:
- Breach of duty.
- Strict liability.
- Recklessness.
- Negligence per se
And this is the correct answer:
Explanation:
Negligence per se consist in act that is neglectful, or unlawful, because it explicitely violates a statue or regulation.
In this case, the statue was the new state law that required smoke detectors to be maintained. The company that installed the smoke detector inside Jose's house clearly did not maintain the detector because otherwise, it would have gone off when the fire started, and Jose probably would not have died.
It is a negligence per se from the smoke detector company, and Jose's wife can lawfully sue them for that very reason.
<span>The correct answer is Monetary Policy. Monteray policies are made by institutions like central banks with the goal of adjusting or fighting inflation and deflation rates. Fiscal policies would be policies about public spending or about imports and exports and would be made by the congress and not by the central bank.</span>
