Answer:
1. Drawings A/c. dr. 15,000
To Cash A/c. 15,000
2. Cash A/c. Dr. 63,000
To Sales A/c. 63,000
3. Drawings A/c. Dr. 12,000
To Cash A/c. 12,000
4. Purchases A/c. Dr. 31,000
To Creditors A/c. 31,000
5. Drawings A/c. Dr. 16,000
To Purchases A/c. 16,000
6. Dalip Singh A/c. Dr.35,000
To Sales A/c. 35,000
7. Rent A/c. Dr. 22,000
To Bank A/c. 22,000
8. Purchases A/c. Dr. 19,000
To Cash A/c. 19,000
Answer:
For the creator, the copyright duration is the lifetime of the author plus 50 years.
For a corporation, the copyright duration is 75 years.
Details:
The copyright Act of 1976 was a revision of the previous copyright Act of 1988.
Another revision enacted by the 1976 copyright law was to increase the extension of copyrighted material before 1978 that was not in the public domain. The increase was from 28 to 47 years or a total duration of 75 years.
Answer:
opinion leaders
Explanation:
Since in the question it is mentioned that the Fitwear Inc i.e. a footwear of sporting products and apparel company also it established a new line of football cleats. In addition to this, they also believes that celebrities could influence the buying decision of the customers so here the football stars would be represent as an opinion leaders as they are considered as an individual that influence the people in general
Answer:
C. Anchoring
Explanation:
The first price to be mentioned will have an effect on the perception of all future prices. If we start with $200, then $100 will seem cheap, but £1000 seem expensive. But if we start with $10, then $100 will seem expensive.
The anchor for a price perception may be found in the first price mentioned. It can also arrive in the mind of the purchaser, where the anchor may have been set by previous experience.
Answer:
Debt ratio = 56%
Times Interest earned = 5 times
Explanation:
<em>The debt ratio is the proportion of the total assets amount that is financed by debt . It is a measure of financial risk. A company with a high debt ratio (in excess of 50%) is considered financially risky. That is may not be able to meet its short term financial obligations</em>
Debt ratio = Debt/Total assets × 100
= (140,000/250,000)× 100
= 56%
Times interest earned is the number of times the earning before interest and taxes (EBIT) can pay the interest obligation. It is a measure of financial risk. For example, a company with a ratio of less than 3 times might be considered as potentially unable to meets its loan obligation
Times interest earned = Earnings before interest and tax (EBIT)/Interest expense
= 75,000/15,000
= 5 times.
