Answer:
The Journal entries are as follows:
(a) On June 1,
Cash A/c Dr. $5,830
To common stock $5,830
(To record the issue of common stock for cash)
(b) On June 2,
Equipment A/c Dr. $1,550
To accounts payable $1,550
(To record the purchase of equipment on account)
(c) On June 3,
Rent expense A/c Dr. $560
To cash $560
(To record the rent expense)
(d) On June 12,
Accounts receivable A/c Dr. $510
To Welding service revenue $510
(To record the welding service revenue)
Answer:
Palming off requires proof of the likelihood of confusion,hence B is the correct option.
Explanation:
Palming off is misrepresenting someone else's product as one's.This is an offence that one can be sued for in business law.
For such cases to be acceptable to courts of appropriate jurisdiction,the claimant must proof beyond reasonable that, for instance the defendant's product can be mistaken for his.
For example. a milk product branded as Nikki can be mistaken for another known as Nikke.
A Management Science Perspective is a management perspective that originated after World War II and used mathematics, statistics, and other quantitative tools to managing challenges.
Management science, often known as mathematical or quantitative measurement, sees management as a logical entity whose actions may be described in terms of mathematical symbols, connections, and measurement data.
The mathematical model is the key emphasis of this technique. This device may represent management and other challenges in fundamental relationships, and if a specific goal is sought, the model can be expressed in terms that optimize that goal. This method borrows heavily from decision theory and, in fact, provides several ways for rational decision-making.
Therefore, the answer is management science perspective.
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The investment option that the client should go with to pay the child's college expenses is a. treasury bills.
<h3 /><h3>Why should treasury bills be used?</h3>
Treasury bills have a short term lifespan of less than a year which means that they mature in a short period of time.
The investor can invest in treasury bills and be able to access them by the time the child starts in school the next year.
Options for the question are:
a. treasury bills
b. intermediate-term bonds maturing in 5 years
c. long-term bonds of blue chip companies maturing n 10-30 years
d. a mutual fund based on the S&P 500 index
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Answer:
a. 1,090
Explanation:
Without any other information provided, the easiest way to answer this question is to make directly the calculations of income and costs. the logic behind this problem is to calculate all the income and substract the costs of production, in this particular case we have:
+Income: 3,250
-Cost of goods: 1,285
-Operating expenses: 875
Net Income: 1,090
