Answer:
A gain has a Credit balance and is shown on the Income Statement. C. A loss has a Debit balance and is shown on the Income Statement.
Explanation:
As we know that the revenues and gains contains the normal credit balance while on the other hand the expenses and losses contains the normal debit balance and both are reported on the income statement
The gain would be reported on the credit side of the income statement and the loss would be reported on the debit side of the income statement
So the same is relevant too
Answer: 0.11
Explanation:
There are 20 AAA batteries in a box and 7 are defective. If two batteries are selected without replacement, the probability of selecting a defective battery will be 7/20.
The probability of selecting another defective battery will be 6/19 as there will be 19 batteries left and 6 defective.
Then, the probability of selecting a defective battery followed by another defective battery will be:
= 7/20 × 6/19
= 42/380
= 0.11
Answer:
Push strategy
Explanation:
A push promotional strategy works to create customer demand for your product or service through promotion: for example, through discounts to retailers and trade promotions. Push promotional strategies also focus on selling directly to customers, for example, through point of sale displays and direct approaches to customers
Black and Decker hopes its push strategy will lead to a more effective product launch.
Answer:
Controlling.
Explanation:
Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
A manager who creates an incentive program for the team to hit quarterly sales goals is performing the management function of controlling.
Answer:
$81.52
Explanation:
To determine the price of the stock, one has to calculate the present value of the stock.
The present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow in year 1 = $3
Cash flow in year 2 = $4.25
Cash flow for year 3 = $100 + $6 = $106
I = 12 %
Present value = $81.52
The price one would pay for the stock today is $81.52
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
