Answer:
The Journal Entry and their narrations is shown below:-
Explanation:
The Journal entry is shown below:-
a. 1.Accounts Receivable Dr, $3,300
To Sales $3,300
(Being sales is recorded)
Cash Dr, $3,234
Sales Discount Dr, $66
(3,300 × 2%)
To Accounts Receivable $3,300
(Being Payment received is recorded)
2. Accounts Receivable Dr, $3,234
=(3,300 × 0.98)
To Sales $3,234
(Being sales is recorded)
Cash Dr, $3,234
To Accounts Receivable $3,234
(Being payment received is recorded)
b. Cash Dr, $3,300
To Accounts Receivable $3,234
To Sales Discounts Forfeited 66
(Being payment received is recorded)
Answer:
An enterprise resource planning (ERP) system is:
(a) A collection of integrated software for every functional area within an organization.
Explanation:
Extrinsic motivation is defined as THE PURSUIT OF AN ACTIVITY FOR EXTERNAL REWARD. Extrinsic motivation refers to behaviours that are driven by external rewards such as money, fame, praise, etc. Such behaviours arise from outside the individuals.
Crosby signs a contract with Subban and agrees to meet at Subban's business at the conclusion of each work day, before the first payment is due, and then files a lawsuit against Subban, claiming that the license is unenforceable because the license's objective is to protect the public.
<h3>What is contract?</h3>
A contract is the legal agreement between the two parties. It contains all the essentials of section 10. On the breach of such contract, the party who break the contract will be punishable under the act.
Crosby and Subban have a contract in which Crosby agrees to sweep Subban's retail store at the end of each work day. Subban discovers Crosby is unlicensed before the first payment is due.
All retail floor sweepers in Florida are required to be certified and pay annual dues.
As a result, Subban does not compensate Crosby for his efforts. When Crosby s pursues a breach of contract complaint against Subban to court, the judge will conclude the contract is invalid since the purpose of the license is to protect the public.
Therefore, the contract is unenforceable.
Learn more about the contract, refer to:
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Answer:
Equity Beta = 1.1413
Explanation:
The formula to find the asset beta is
Asset Beta = Equity Beta/(1+(1-tax rate)(Debt/Equity))
We will put the values given in the question in this formula
Asset Beta = 0.8
Tax rate = 0.36
Debt = 0.40
Equity = 0.60
0.8=Equity Beta/(1+(0.64)(0.40/0.60)
0.8=Equity Beta/1+0.4266
0.8=Equity Beta/1.4266
1.4266*0.8= Equity Beta
Equity Beta = 1.1413