Answer:
Food Suppliers journal entry to record the collection on the maturity date is,
Debit Cash $7,105;
Credit Interest Revenue $105; Credit Notes Receivable $7,000
Explanation:
The journal entry to record the collection at the maturity date would be,
Account Title Debit Credit
Cash $7,105
Interest Revenue $105
Notes Receivable $7,000
Interest revenue would be calculated as,
7000 * 6% = $420 would be the interest in one year on the note. Since it is a 90-day note,
420 / 4 = $105
On the maturity date, Food supplier will record the collection of cash which is the amount of interest + the worth of merchandise bought. (105+7000) = $7105
$63.46(2) = $126.92
292.23-126.92 = 166.31
166.31 - 51 = 155.31
155.31(.10) =
Your Answer:
$11.53
Answer:
(A) Markets are not always efficient
Explanation:
Behavioral finance tries explaining how individual psychological behavior's influence their financial decisions which cause volatility in the stock market.
It points towards how psychology and human emotions and prejudices affect an investor's decisions which results into unexpected price rise and crashes in the stock market.
Behavioral finance rejects the efficient market hypothesis theory which considers markets are efficient as all the information is available, stock prices are fair reflection of that information.
Thus, Behavioral finance is an extension of behavioral economics and it's believers believe that (A) Markets are not always efficient
Answer:
Downscoping
Explanation:
The term that is being described in the question is known as Downscoping. Like mentioned, this term basically represents establishing a focus on the company's core businesses while at the same time getting rid of all that is not essential. This is very different from Downsizing which revolves around reducing the number of employees and operating units, thus reducing and changing the composition of the business itself. Although very different, these terms are often confused for one another.
Answer: selling agent
Explanation:
A selling agent is an agent who sells a product for an economic agent such as an individual, firm or government and gets commission for the products sold.
Carla's Cards uses a selling agent to sell and market the entire line of greeting cards. It designs promotional plans, sets prices, determines distribution policies, and makes recommendations to Carla on product strategy.