Answer:
6%
Explanation:
Given the following :
Amount of bond issued = $10,000,000
Cash paid = $300,000
Term of bond = 10years
Semiannual interest pay
The stated annual rate of interest on the bond can be calculated thus :
Rate of interest ;
Cash paid / Amount of bond issued
$300,000 / $10,000,000
= 0.03
0.03 * 100%
= 3% (semiannual interest)
Therefore, annual rate of interest :
Semiannual rate * 2
3% * 2 = 6%
The answer is: D - Debit Cash; credit John, Capital.
Explanation:
The entry records the investment of cash by John, owner of a sole proprietorship is: Debit Cash; credit John, Capital.
Obligation is a condition of being linked in a relationship. We are all obligated to maintain the earth so it will sustain us because we all live on it
Answer:
The correct answer is a. decreasing product mix breadth.
Explanation:
The product mix, also known as a variety of products, refers to the total number of product lines that a company offers to its customers. For example, a small company can offer several product lines. Sometimes, these product lines are very similar, such as liquid detergents and bar soaps, since both are used to clean and use similar technology. On other occasions, the product lines are very different, such as diapers and razor blades. The four dimensions of a company's product mix include: width, length, depth and consistency.
Answer:
low ball
Explanation:
From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.