4. The real interest rate is 3 percent, and the nominal interest rate is 5 percent. What is the anticipated rate of inflation? 1

On March 1, Lincoln sold merchandise on account to Pina Colada Company for $29,400, terms 1/10, net 45. On March 6, Pina Colada

dolphi86 [110]

Answer:

The Journal entries with their narration is shown below:-

Explanation:

The Journal entry is shown below:-

1. Account receivable Dr, $29,400

To Sales revenue $29,400

(Being Sales revenue is recorded)

2. Sales return and allowance Dr, $2,200

To Account receivable $2,200

(Being Sales return is recorded)

3. Cash Dr, $26,928

($29,400 - $2,200) × 99%

Sales discount Dr, $272

To Account receivable $27,200

($29,400 - $2,200)

(Being cash is recorded)

7 0

3 years ago

Assuming that a market research study will answer important questions and reduce uncertainty associated with the proposed projec

sesenic [268]

Answer:

C. Is top management committed to the study?

Explanation:

Yes, market research is very important for the organisations which can help them in finding new trends and patterns in their consumers, they can find out what are products which they need to launch further, which products are not performing well but the main question before starting the research process is that each and every single person of the organisation should take part in the whole process particularly the top level management should be agrees upon and committed to it otherwise the whole process will go in vain. Because when the top level will be committed, they not only by proving the resources needed for the research but also they will be happily implementing the research findings for the betterment of the organisation. Therefore, top management should be committed otherwise it will just be waste of time and efforts.

3 0

3 years ago

Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo

grigory [225]

Answer:

The correct options are as follows

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The quantity of Humbugs demanded will not change.

Explanation:

As the question is not complete, the complete question is found online and is attached herewith.

The options given are as follows

Sellers will pay all of the tax.

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The price of Humbugs will rise by less than $10.

The quantity of Humbugs demanded will not change.

Now option 1 is not correct as the buyer has to pay the tax not the seller.

option 2 is correct

option 3 is correct

option 4 is not correct as the initial price is $50 and the new price is to be more than $60 thus the rise is more than $10.

option 5 is correct as the demand of the hamburger will remain the same.

5 0

2 years ago

Where does the 32 come from in cash received for common stock issued

worty [1.4K]

A public company can issue common stock to the shareholders of acquisition targets, which they can then sell for cash. This approach is also possible for private companies, but the recipients of those shares will have a much more difficult time selling their shares.

Multiply the number of shares issued by the price per share. Doing this calculation gives you the amount of cash raised by the sale of the stock. For example, if the company issues 100 shares at $10 per share, the result is $1,000 of additional capital raised from stock issuances.

4 0

2 years ago

Merry Maidens Cleaning generally charges $260 for a detailed cleaning of a normal-size home. However, to generate additional bus

kiruha [24]

Answer: $234

Explanation:

6 0

2 years ago

Read 2 more answers