Answer:
B) Credit to refund liability of $280,000
Explanation:
The total estimated returns are 85 of the total sales = 8% x $21,000,000 = $1,680,000.
Since the company had already accounted for $1,400,000 in returns, the adjusted necessary should be = total returns - accounted returns = $1,680,000 - $1,400,000 = $280,000
Since the refund liability account must increase, and it is a liability account, it should be credited.
Green Marketing is a marketing strategy that supports environmental stewardship, thus creating a differential benefit in the minds of consumers.
Green marketing is the advertising and marketing of merchandise that are presumed to be environmentally secure. It incorporates an extensive variety of activities, inclusive of product amendment, changes to the manufacturing system, sustainable packaging, as well as enhanced advertising.
But defining inexperienced advertising is not an easy project where numerous meanings intersect and contradict every different; an example of this can be the life of varying social, environmental, and retail definitions attached to this term. different comparable terms used are environmental advertising and ecological advertising.
Green, environmental, and eco-advertising is part of the brand new marketing strategies which do no longer just refocus, adjust or decorate current marketing thinking and exercise, however, are trying to find to undertaking the one's strategies and offer an extensively distinct angle.
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A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.
Answer:
$6.48
Explanation:
A pack of six costs $ 1.50
A pack of 24 will cost $(1.50 x 4)= $ 6
8% tax will be: 8/100 x 6= .08x6= 0.48
Total = $6+$ 0.48 = $6.48
Answer:
McCann Co.
Present value
a. At 9$ = $2,017.38
b. At 16% = $3,379.42
c. At 25% = $2,798.71
Explanation:
a) Data and Calculations:
Year Cash Flow Discount Present
Factor at 9% Value
1 $840 0.917 $770.28
2 1,170 0.842 143.14
3 1,430 0.772 1,103.96
4 1,575 0.708 1,115.10
Total Present value = $2,017.38
Year Cash Flow Discount Present
Factor at 16% Value
1 $840 0.862 $724.08
2 1,170 0.743 869.31
3 1,430 0.641 916.63
4 1,575 0.552 869.40
Total Present value = $3,379.42
Year Cash Flow Discount Present
Factor at 25% Value
1 $840 0.800 $672.00
2 1,170 0.640 748.80
3 1,430 0.512 732.16
4 1,575 0.410 645.75
Total Present value = $2,798.71