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bazaltina [42]
2 years ago
10

Renzo wants to buy a cell phone that is within his budget. The sales person cannot lower the price of a chosen cell phone any fu

rther. What turn of events display the win-win strategy of negotiation in this case? A. Renzo agrees to pay the quoted cell phone price and the sales person achieves the sales target. B. Renzo agrees to pay the given cell phone price, and the sales person too provides a cell phone cover and an earphone for free. C. Renzo walks out without purchasing the cell phone when the sales person still doesn’t relent. D. Renzo purchases another cell phone of a lower price from the same store.
Business
1 answer:
Ahat [919]2 years ago
6 0

Answer:

he must negotiate a stand up lemonade stand with the government to expand his budget to purchase the cell phone

Explanation:

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Answer:

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C. Effect of each transaction on balance sheet, income statement, and statement of cash flows:

1. Cash Revenue of $16,200

Balance Sheet - Cash and Retained Earnings are increased by $16,200.

Income Statement - Revenue is increased by $16,200.

Statement of Cash Flows: Cash inflows are increased by $16,200.  It is an operating activity (OA)

2. Bank Note Payable of $12,000 with accrued interest of $320 for 2018:

Balance Sheet - Cash and Notes Payable are increased with $12,000; Interest on Notes Payable is increased by $320 and Retained Earnings decreased by $320.

Income Statement: Net Income is decreased by $320.

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Explanation:

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2. Notes Payable increases Cash Account balance (an asset) and Notes Payable (a liability).  It also increases the cash inflow for financing activities.

3. Accrued Interest on Notes Payable increases liability and decreases the net income, which reflects negatively on the Retained Earnings (Equity).  It does not affect the statement of cash flows as no disposal had been made yet.

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Answer:

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Answer:

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