Answer: please see below for answer
Explanation: 1. Deposits in transit-----additions to cash balance according to bank statements
2. Bank service charges. ---- A deduction from the cash balance according to the company's records.
3. NSF check.----- A deduction from the cash balance according to the company's record
4. Outstanding checks.----- A deduction from the cash balance according to the company's record
5. Check for $690 incorrectly recorded by the company as $960-----An addition to the cash balance according to the company's records.
6. Check for $420 incorrectly recorded by the company as $240-----An addition to the c ash balance according to company record
Journal Entry
NSF check ---- Accounts Receivable- debit; Cash--Credit
Bank Service charge ---- Bank Expense -Debit, Cash Credit
Check which is incorrectly recorded by the company----Accounts payable--debit; Cash ---Credit.
Deposits in transits and Outstanding checks---No entry.
Answer:
sorry, I can't any answer
Answer:
Differentiation focus strategy
Explanation:
Competitive advantage is defined as the factors or strategy that gives a firm an edge over others in the same industry.
They are able to sell more product and make more profit than their competitors.
Trader Joe's creates a competitive advantage by its ability to incorporate upscale or attractive attributes into its product offerings at lower costs than rivals.
They are using differentiation focus strategy which entails developing a unique product based on selected attributes that are widely valued by customers.
Focus is given to making products that specifically meet these needs.
The result is a product that is unique in the industry. Products from Trader Joe's can't be found anywhere else. Also they provide a unique atmosphere and unique interaction with their staff.
They have been able to have reduced pricing through research and other tactics aimed at reducing cost of production in a sustainable manner.
Answer:
A.- DECREASE
B.- DECREASE
C.- INCREASE
D.- INCREASE
E.- INCREASE
Explanation:
a. The discount rate increases
DECREASE the discoutn factors will be higher therefore, the present values lower.
b. The cash flows are in the form of a deferred annuity, and the total to $100,000. You learn that the annuity lasts for 10 years rather than 5 years, hence that each payment is for $10,000 rather than for $20,000
DECREASE Because the cashflow is generate on a longer period there is more exposure to discount rates.
c. The discount rate decreases
INCREASE The discount factor are lower. This situation is the opposite as (a)
d. The riskiness of the investment's cash flows <u>decreases</u>
INCREASE a lower risk derivates in lower cost of capital thus, lower iscount rates. This increase the present value of the cashflow.
e. The total amount of cash flows remains the same, but more of the cash flows are received in the earlier years and less are received in the later years.
INCREASE as most of the future cash flows are at the beginning they have less exposure to time value of money.
