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3 years ago

Read the scenario.

Business

2 answers:

Lorico [155]3 years ago

7 0

Answer:

Using credit will cost Bill more money overtime

Using credit may tempt Bill to but more than he can afford .

Explanation:

Buying in credit is an act of paying for purchased goods in a future date.This can be done through so many media but the most popular among them is the use of credit cards. The prices for credit sales mostly come with premium.

Buying in credit has so many disadvantages. Some of them are

Spending more on an item : By the time the charged interest are factored into the purchase price , the buyer ends up spending more.

Temptation to buy more : Buying on credit may tempt buyer to buy more than he budgeted on even needs considering the opportunity of buying to pay at a later date.

amm18123 years ago

3 0

Answer:

Using credit will cost Bill more money over time.

Using credit may tempt Bill to buy more than he can afford.

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Joey notices that people always compliment his Dad on the nice suits that he wears. His Dad owns a business in town. People alwa

liberstina [14]

Answer: Orientation to internal, unique self

Explanation: In simple words, orientation refers to the process of determining the position of one self or the others with respect to a particular situation.

In the given case, Joey has to make a decision that impacts his personal life and he has to make it himself. Therefore, the confusion he is having about the decision depicts that he is at the stage of internal orientation.

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3 years ago

Leading others in cross-cultural situations is complicated. Which of the following is NOT one of the many reasons why such situa

Anastasy [175]

Leading others in cross-cultural situations is complicated. Styles of dress are NOT one of the many reasons why such situations can be complicated.

Cross-cultural communication is the practice of identifying both cultural groups' differences and commonalities in order to interact successfully within a particular situation.

You'll be able to express yourself with confidence and learn how to be patient with others who don't share your background if you develop cross-cultural communication skills. Additionally, it will provide you with a wonderful chance to interact with students from other countries and talk about your differences.

Learning the fundamentals of this sort of communication is the first step in overcoming obstacles and preventing misunderstandings in cross-cultural communication. These are openness, awareness, readiness, language, and humour.

Learn more about cross-cultural here:

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7 0

2 years ago

A sportswear manufacturer is introducing a new line of sneakers. To introduce the new line, the company must pay out a fixed cos

Maurinko [17]

Answer:

Total revenue at breakeven is $1,508,042

Explanation:

Breakeven point in units = Fixed cost / Selling price -Variable cost per unit

Breakeven point in sales revenue = Fixed cost / (Selling price* x)- (Variable cost per unit * x)

In this case,

Fixed cost= $1.5 million

Selling price =$75

Variable cost per unit =40 cents

Breakeven point in units = 1,500,000 million/ 75 -0.4

Breakeven point in units = 20,107

Breakeven point in units sales = 20,107 * 75

Breakeven point in units sales = $1,508,042

8 0

3 years ago

Transactions/events: 1. Acquired $25,000 from the issue of common stock. 2. Purchased $2,500 of supplies on account from the Gad

shepuryov [24]

Answer:

I guess that you need the journal entries:

1. Acquired $25,000 from the issue of common stock.

Dr Cash 25,000

Cr Common stock 25,000

2. Purchased $2,500 of supplies on account from the Gadget Supply Agency.

Dr Supplies 2,500

Cr Accounts payable 2,500

3. Performed security services at local sporting events during the year for $8,000 cash.

Dr Cash 8,000

Cr Service revenue 8,000

4. Paid salaries expense of $3,000 for the year.

Dr Salaries expense 3,000

Cr Cash 3,000

5. Purchased land, paying $10,000 cash.

Dr Land 10,000

Cr Cash 10,000

6. Paid utility expenses of $2,000 for the year.

Dr Utilities expense 2,000

Cr Cash 2,000

7. Paid a cash dividend of $1,500 to the shareholders.

Dr Dividends 1,500

Cr Cash 1,500

8. Found out from an appraiser that the market value of the land on 12/31 was $12,500.

NO JOURNAL ENTRY

7 0

3 years ago

You are comparing two annuities that offer quarterly payments of $2,500 for five years and pay .75 percent interest per month. Y

shepuryov [24]

Answer:

The answer is: Annuity B has a smaller present value than annuity A.

Explanation:

The present value is the current value of a future cash flow. Money today is worth more than money earned tomorrow or in a year. So the sooner you receive a payment, its present value will be higher.

For this question, annuity A starts paying TODAY (higher present value), while annuity B starts paying in ONE MONTH.

7 0

3 years ago