What would be the most likely place for it to advertise is: on buses and with signs on parking lots.
<h3>What is Advertisement?</h3>
Advertisement can be defined as the process of creating product awareness to attract customer so as make profit or to generate revenue.
Based on the given scenario the best place to advertise the food is on buses and with sign on parking lots since the restaurant chain has identified day commuters as it target customers doing this will help to persuade this commuter to buy the fast food product.
Inconclusion what would be the most likely place for it to advertise is: on buses and with signs on parking lots.
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Answer:
False
Explanation:
The assertion is false that when LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the point of each sale, rather than from the most recent purchases for the period.
Under this method it is <u>at the end of the accounting year that the Inventory account is adjusted to equal the cost of the merchandise that is unsold.</u>
It is important to note that under LIFO periodic (not LIFO perpetual) <u>we wait until the entire year is over before assigning the costs. </u>Then we flow the year's last costs first, even if those goods arrived after the last sale of the year.
Answer:
16%
Explanation:
Calculation for the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2%
First step is to calculate the Turnover using this formula
Turnover = Sales ÷ Average operating assets
Let plug in the formula
Turnover= $491,300 ÷$289,000
Turnover=1.7
Now let calculate the margin using this formula
ROI = Margin × Turnover
Let plug in the formula
27.2% = Margin × 1.7
Margin = 27.2% ÷ 1.70
Margin=0.16*100
Margin= 16%
Therefore the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2% will be 16%
Answer:
The correct answer is letter "C": It decreases the size of your principal and decreases the total cost of the loan
.
Explanation:
Down payments are the initial sums debtors pay when requesting a credit. Down payments are usually mandatory but the debtor can offer the sum voluntarily.
<em />
<em>If the sum provided in the down payment is higher than what is requested, the amount of the principal will be lower. If the amount of the principal is lower, the total of the interest paid in the course to the loan will be lower as well, thus, the cost of the loan will be reduced.</em>
The Journal entry which Nicholson company will prepare on June 2 will be like when goods are returned the reverse entry is made which is
Accounts Payable A/c Dr. $480
Purchase Return / Inventory A/c Cr. $480
A journal entry is an act of recording any transaction, whether it is economic or not. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
Accounting journal entries are transferred from the journals and posted to the general ledger in order to record financial transactions in the accounting system. Modern accounting software handles the majority of this process automatically, but it's crucial to understand what's going on since there are instances when manual entries will need to be made to adjust or correct account balances at the conclusion of an accounting month.
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