Answer:
Sep 1st
Debit Cash 100,000
Credit Note Payable 100,000
(to record 90-day note borrowing from First National Bank)
Explanation:
As at September 1, Vicario Inc receive the cash amount of $100,000 from First National Bank through Borrowing, the Cash account should be recorded up $100,000 ( that is, Dr, as Cash is an asset account) to reflect the transaction.
The offseting Credit entry will be recorded in Note Payable account ( which is a liability account) to reflect the liability of $100,000 owed to the Bank.
As at 1 September, the first day of assuming the debt, no interest expenses is incurred, so, no entry is needed to record interest expense.
Answer:
Productive resource
Explanation:
Productive resources are the resources used to produce the products and services that people need. There are 3 types of productive resources:
- human: human resources are strength, education and skills
- natural: given to us by nature, e.g. water, minerals, land, etc
- capital: goods needed to produce other goods or services. The automated check-in machine is a capital resource.
Human resources are the strength, education, and skills of people. Natural resources are the gifts of nature that are used to produce goods and services. Water, land, and minerals are examples of natural resources. Capital resources are the goods needed to produce or provide access to other goods and to supply services. Examples include buildings, equipment, tools, machinery, ports and other manufactured and constructed things.
Answer:
Baruch Shemtov's product is tie
Explanation:
Baruch Yehudah Shemtov was born on September 22, 1987.
Baruch has passionate about the design and the fashion from his young age, he was launched his first line of ties at just age 15 years.
he is a fashion entrepreneur since his junior class of high school
Today also Baruch ties routinely sellout in the tony department store and online
Baruch neckties and all accessories are made in USA
and In 2013, he launched boy ties collection and he coordinating with father-son neckties range at Bergdorf Goodman
Answer: a.Increasing customer satisfaction by one unit will increase profits by 2.4
Explanation:
Slopes measure the change in the dependent variable as a result of a change in the independent variable.
In the above scenario, if customer satisfaction was being used to predict profits that would mean that customer satisfaction is the independent variable and profits are the dependent variable. With a slope of 2.4 therefore, the meaning is that if customer satisfaction increases by 1 then the profits for the company will increase by 2.4.
For instance if customer satisfaction in a hotel was increased by 1 unit for 1,000 customers, the company can expect an increase in profits of $2,400.
Answer:
Quantity
Explanation:
A quantity discount is a dicount that occurs or that is put in place when a least certain amount of goods is ordered or purchased.
Like the question, there is a 15% discount for at least a dozen orders of Mandarin bird feeders. If the order exceeds a dozen peices, say 13 or 14 or 50 or even a 100 pieces, the discount of 15% comes into play during payment for those feeders.
Cheers.
