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The rate of increase for these automobiles between the two time periods is <span>75 percent.
Below is the solution:
</span><span>($28,000 – $16,000) / $16,000 = .75 (75 percent)</span>
Answer:
J1
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
J2
Merchandise $230 (debit)
Cost of Sales $230 (credit)
Explanation:
When Cullumber Company sells goods to Pharoah Company the entries to recognize the cost of sale and decrease in inventory will be :
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
When Pharaoh Company returns goods to Cullumber Company, the entries to de-recognize the cost of sale and recognize the replenishment of inventory will be :
Merchandise $230 (debit)
Cost of Sales $230 (credit)
All of these can be indicators of conflict EXCEPT
having a cheerful, positive demeanor and respectful comments.
In a well-functioning organization, you would hope to find both of these traits amongst your workers. They are signs that things are running smoothly with little conflicts.
The loans that meet this criteria are loans X and Z.
<h3>Effective annual rate </h3>
The effective rate is the rate that a person actually pays on a loan when the rate of compounding is accounted for.
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
<h3>Determining the loans that meet the criteria </h3>
Loan X: (1 + 0.07815/2)^2 - 1 = 7.9677%
Loan Y: (1 + 0.07724/12)^12 - 1 = 8%
Loan Z: (1 + 0.07698/ 52)^52 - 1 = 7.9959%
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