Answer:
A. Wholesaling
Explanation:
Wholesaling can be defined as when a producer/seller sells goods in large quantities at low prices to be sold again by the buyer for profit. It is the sale of goods to a retailer in bulk at lower prices. The retailer then repackage it (amongst other activities) and resell it in smaller quantities and higher prices.
When the Dailes restaurant sells to other restaurants it's wholesale because those restaurants then resells it. When the sell to their customers, it is retail.
Answer:
The correct answer is R49.8224/$.
Explanation:
According to the scenario, the computation of the given data are as follows:
Exchange rate at beginning = R43.125/$
Inflation rate in India = 19%
Inflation rate in U.S. = 3 %
So, we can calculate the New exchange rate by using following formula:
New exchange rate = Beginning exchange rate × (Inflation A ÷ Inflation B)
= R 43.125 × (1.19 ÷ 1.03)
= R 49.8224/$
Answer:
The answer is: D) $5,800
Explanation:
The doubtful accounts should have a total balance of $6,000, representing 1% of total sales (= $600,000 x 1%).
Since doubtful accounts balance is only $200, you must entry a debit record of $5,800 (so that the total balance of that account is $6,000).
Answer:
The correct answer is letter "D": 2%.
Explanation:
In 2019, the highest Average Percentage Yield (<em>APY</em>) banks offered in a <em>traditional savings account</em> was 0,01%. The situation is unlikely to change exponentially for 2020. However, the best option is choosing an <em>online savings account </em>since they are offering an APY of up to 2% (<em>HSBC</em>).