The time to research a potential employer is

Quiz Instructions

Reil [10]

Answer:

The price of alternatives or substitutes

Reason: When there are alternatives or substitutes, this means that the consumer can then get better options.

3 0

3 years ago

The first step in the decision-making process is A. evaluating the alternatives. B. evaluating the effectiveness of the chosen a

Roman55 [17]

<u>Answer: </u>Option D

<u>Explanation:</u>

Decision making means the important and timely action that needs to be taken. Decision making has six steps involved in the process the first step is to identify the problem or the decision to be made. In the second step the possible alternatives solutions are listed. Third step is to identify the consequences of the alternatives and ways it affects other peoples.

Fourth step is to consider the values before taking the decision. Fifth step is to make decision and take action accordingly. The final and sixth step is to evaluate the decision made.

7 0

3 years ago

Assume that you are the owner of Campus Connection, which specializes in items that interest students. At the end of January of

Nookie1986 [14]

Answer:

The amount of net income for January was $24,100

Explanation:

Revenues from sales $115,100 (for this analysis is not important if the sales were in cash or on credit)

-

Cost of goods sold $48,000

------------------------------------

Gross profit $67,100

-

Salaries, rent, supplies, advertising, other expenses and monthly utilities (it is not important for this analysis if all the exenses were paid) -$43,000

-----------------------------------

Net income $24,100

3 0

4 years ago

A company purchased $9,500 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $475 of that merchandise.

mojhsa [17]

Answer:

The cash paid on June 24 is $8,754.25

Explanation:

The computation of the cash paid is shown below:

= (Merchandise purchase - returned goods) × ( 1 - discount rate)

= ($9,500 - $475) × ( 1 - 0.03%)

= $9,025 × 0.97

= $8,754.25

Since the company paid the amount within the discount period, so it can avail the discount benefit.

We deduct the discount rate from 1 as the percentage value is 100 so that accurate value can come.

6 0

3 years ago

Pepper Enterprises owns 95 percent of Salt Corporation. On January 1, 20X1, Salt issued $220,000 of five-year bonds at 115. Annu

Viktor [21]

Solution :

a).

Par value of the bonds outstanding 220,000

Annual interest rate x 10%

Interest payment 220,000

Amortization of the bonds premium 6600 $\left( \frac{220,000 \times 15\%}{5}\right)$

Interest charged for full year 15400

Less:interest on the bond purchased 2567

by Online Enterprise (15400 x 1/2) x

(4 months / 12 months)

Interest expense included in the consolidated 12833

income statement

b).

Sale price of bonds, 1 Jan 20x1 138,000

(120,000 x 115%)

Amortization of premium 9600 $\left(\frac{\$120,000 \times 15\%}{5 \ yrs} \times 2\frac{2}{3}\right)$

Book value at time of purchase 128,400

Purchase price 120,000

Gain on bond retirement 8400

c).

Events Accounts Debit Credit

1 Bonds payable 120,000

Bonds premium 6600

interest income 4367

investment in Salt bonds 120,000

Interest expense 2567

Gain on bond retirement 8400

2 interest payable 8100

(4950+11900+8750)

Interest receivable 8100

6 0

4 years ago