Answer: A management of a business industry or economy
Explanation:
Answer: $180
Explanation:
From the question, Federal Bank of America has loaned $9,000 to Southgate Animal Hospital, using a 90-day non-interest-bearing note. The bank discounted the note at 8%.
Therefore, the debit to Discount on Notes Payable in the general journal will be:
= $9,000 × 8% × 90/360
= $9,000 × 8/100 × 1/4
= $9,000 × 0.08 × 0.25
= $180
The correct answer is $180
It should be noted that we used 360 days for a year.
Answer:
<u>Concentrated</u> targeting strategy
Explanation:
Concentrated targeting strategy is an approach that "concentrates" on a specific group of consumers, providing a specific type of product that appeals to them only. This type of approach is more applicable to small businesses because they appeal to only a smaller section of the population, and mass production is not necessary. At the same time, they do not have to advertise to the general population.
Options:
(a) $162,032.
(b) $406,067.
(c) $417,246.
(d) $674,023.
Answer:
Correct Option is B.
<u>$406,067</u>
Explanation:
At an expected earnings rate of 6%, and an inflation rate of 3% during the period, he need to have $406,067 at the beginning of his retirement.
Based on the information given the net income is $163.66.
<h3>
Net income</h3>
First step:
Profit margin = [(ROE)(Total asset)] / [(1 + Debt equity ratio)(Sales)]
Profit margin = [(.11)($2,604)] / [(1 + 0.75)( $5,783)]
Profit margin = 286.44/(1.75) ($5,783)
Profit margin = 286.44/10,120.25
Profit margin = .02830
Second step:
Profit margin = .02830 = Net income / Sales
Net income = .02830($5783)
Net income = $163.66
Inconclusion the net income is $163.66.
Learn more about net income here:brainly.com/question/15530787