Answer:
Sarah inventory $ 123.75
Luke inventory $ 125.00
Explanation:
<u>Sarah</u>
125 dollars x 1% discount = 1.25 dollars
Inventory:
125 nominal - 1.25 discount = 123.75
Sarah will enter the inventory for the price it paid to acquire it which is 123.75
<u>Luke</u>
As look paid after the discount period the inventory will be valued at nominal:
125 dollars nominal
<u>the charge is considered interest expense</u> it will not be capitalize through inventory.
Answer: The correct answer is c. Expenses are reported on the income statement when cash is paid.
Explanation: Matching principle states that expenses are matched with the related revenue in the same period, that is, expenses incurred to generate related revenue are recorded during the same time interval the related revenue is recorded in order to show the true and fair position of the profitability of the company.
Based on the above definition, <u>only option C does not align with the matching principle</u><u> </u>because expenses should be recorded in the income statement when incurred and NOT when cash is paid. If it is recorded when cash is paid, it means <em>cash basis of accounting</em> is being applied.
Answer:
Pulsing
Explanation:
Pulsing is the combination of flighting and persistent booking by utilizing a low promoting level lasting through the year and substantial publicizing during top selling periods.
Product classes that are sold all year yet experience a flood in deals at irregular periods are great possibility for beating.
Answer: .The correct answer is a). the case is being heard for the first time.
Explanation: A court has original jurisdiction over a case when a case is being heard for the first time.
This cases are heard directly without any intermediary or appellate review.
The correct option from the given options is "<span>a promotional push strategy".
In the above situation, Mars Inc. utilized a promotional push strategy. Projects intended to influence the exchange to stock, merchandise, and advance a maker's items are a piece of a limited time push procedure. The objective of this technique is to push the item through the channels of appropriation by forcefully offering and elevating the thing to the affiliates, or exchange.
</span>
