Answer:
Evans Company
General Journal
Part a.
Debit : Cash $645
Debit : Cost of goods sold $375
Credit : Sales Revenue $645
Credit : Merchandise $375
Part b.
Debit : Cash $432
Debit : Cost of goods sold $195
Credit : Sales Revenue $432
Credit : Merchandise $195
Part c.
Debit : Accounts Receivable $670
Debit : Cost of goods sold $438
Credit : Sales Revenue $670
Credit : Merchandise $438
Part d.
Debit : Credit Card fees $85
Credit : Cash $85
Explanation:
The Perpetual inventory system calculates the cost of sale and inventory balance on each and every sale made hence the journals above.
Answer: (A) Guaranty fund
Explanation:
According to the given question, the Guaranty fund is one of the type of fund that basically helps in paying the various types of unpaid claims.
This type of funds are basically covering the beneficiaries of the insurance organization in which the insurer are basically helps in selling the various types of products and the services in the market.
The guaranty funds is typically used by the administrator for the purpose of protecting the policyholder in the insurance firm.
Therefore, Option (A) is correct answer.
Answer:
A. He has made several significant contributions to the areas of organizational learning and change.
Explanation:
<em>Option B</em>: Peter Drucker was the first person to discuss MBO, not Peter Senge. So, this option is incorrect.
<em>Option C</em>: It is the function of management. Therefore, Peter Senge might contribute to this one, but there is no evidence. So, it is wrong.
<em>Option D</em>: Peter Senge advocated the scientific methods of management, but not for the determination of efficient production.
<em>Option E</em>: He does not contend with the bureaucratic structure. Therefore, it is wrong, either.
<em>Option A</em>: It is the answer because he has made several contributions to the areas of organizational learning through the establishment of the society of organizational learning.
Answer:
Check the explanation
Explanation:
The price of the original asset is the same amount as the expected future price which are being discounted at the risk-free rate.
Price of Customized Derivative= Probability of return>0.2%*Pay off+ Probability of Return<0.2%*Payoff/(1+r)^T
= 0.5*$4000000+0.5*$1000000/(1+0.002)^1
=2000000+500000/1.002
=2000000+499001.99
$2499001.99
Answer:
d) $300
Explanation:
<em>Marginal revenue is the extra revenue from a resource the extra revenue earned from the use of additional unit of a given resource for production purpose. It is calculated as the increase in total revenue as a result of utilizing one additional unit of a factor of production.</em>
Marginal revenue = total revenue from 85 units - total revenue from 70 units
Marginal revenue = ($20 × 85) - ($20× 70)
= $300
