Answer:
the resources consumed in production
Explanation: answer for ed2020
Answer: d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange
Explanation:
Checking accounts : Is a type of account operated with a financial institution that allows the customer to deposit and also make withdrawals. It is also knowns as transactional accounts. In running a checking account, account owners can have access to their money using debit cards, and the use of cheque.
•What makes checking account different from other types of bank account is that it allows the owner to make numerous withdrawals and there is also no limit to deposits.
Stock: Is an investment owned by an individual or groups through the purchase of shares from a company, it could also be a certificate issued to indicate ownership of shares in an organization.
•It is a a way of investing for an investor because as the stock grows the money also grows and also a means of raising money for an organization.
Bonds: Are issued by an organization in other to raise capital, they are securities with fixed income. The bond holder lends money to the bond issuer and the money is paid back at a fixed payment rate within a period.
Answer:
21.28%
Explanation:
Note: <em>Assuming 365 day year</em>
Cost of giving up cash discount = [Discount rate / (1-Discount rate)] * 365 / [Credit period - Discount period]
Cost of giving up cash discount = [0.02/(1-0.02)] * [365/(45-10)]
Cost of giving up cash discount = [0.02/0.98] * [365/35]
Cost of giving up cash discount = 0.0204082 * 10.42857
Cost of giving up cash discount = 0.212828
Cost of giving up cash discount = 21.28%
Answer:
The answer is C. The customer's needs and wants and what the product has to offer
Explanation:
Positioning is much of a psychological process as much as it is marketing. To position the product as a useful, valuable product in a memorable way in the mind of the customer, we have to join the customer needs with what the product has to offer.
Answer:
Depreciation expense $95,000
To Accumulated depreciation $95,000
(Being the depreciation expense is recorded)
Explanation:
The journal entry is shown below:
Depreciation expense $95,000
To Accumulated depreciation $95,000
(Being the depreciation expense is recorded)
The computation is shown below:
= (Cost installed - Residual value) ÷ Useful life
= ($920,000 - $160,000) ÷ 8
= $95,000
For recording this journal entry we debited the depreciation expense as it is increased the expenses while at the same time it decreased the value of the fixed assets so the accumulated depreciation is credited
