when merchandise purchased on account is returned under the perpetual inventory system, the buyer would debit:

Which of the following would affect an employee's net pay?

sdas [7]

Answer:

b. Claiming a different number of dependents and thereby reducing their income tax

Explanation:

Net pay is the money that an employee receives after all deductions from their gross pay. Net pay is the amount that gets into the employee's salary account. The net pay is affected by an increase or decrease in salary or an increase or decrease in deductions.

Claiming a different number of dependents reduces the amount of income tax withheld. The effect is a reduction in the total deductions. If deductions are reduced, the employee will have higher net pay. The other options do not increase or decrease gross pay or deductions.

6 0

3 years ago

It is important to emphasize benefits in a sales presentation to a prospective buyer because benefits:_______.

mel-nik [20]

Answer:

b) fulfill the buyer's needs and motives.

Explanation:

When the company gives the presentation based on the sales so it should be benefit for the buyer as the company fulfill buyer needs and motives and gains the maximum satisfaction while delivering the goods and services to the consumer

Therefore in the given case, the option B is correct as the company meets the customer needs, wants and motives

Hence, all the other options are wrong

3 0

3 years ago

The management at Kohler Inc., a manufacturer of sinks, tubs, and other plumbing products, thinks that there will soon be a majo

Rina8888 [55]

Answer:

sales branches.

Explanation:

A sales branch can be defined as a wholesaler owned by a manufacturer and takes product title, assumes the risk associated with the ownership of this product, resells the product, as well as providing services to the end users or consumers. Thus, it's a form of business management set up by manufacturers in order to improve on their inventory control, sales, as well as the promotion of goods and services.

In this scenario, the management at Kohler Inc. is using sales branches in several key cities because it provide support services for its sales force in those geographical areas, carry inventory, as well as offering credit and other services to its retail plumbing customers.

3 0

3 years ago

Wilson Company has the following accounts and account balances at the end of its first year: Accounts payable, $4,000 Cash, $20,

Verizon [17]

Answer:

What is the balance of its common stock account at the end of the first year?

$24000

Explanation:

Common stock 20000

Retainend earning 5000

Dividends -1000

Common stock 24000

Revenue 22000

Expenses 17000

Net income 5000

3 0

3 years ago

A car costs $25,000 plus $675 for tax, title, and license fees. ari finances the car by putting down $2,500 in cash and taking o

zmey [24]

Ari's EMI if including tax, title and license fees in the cost of the car is $684.22.

Ari's EMI excluding tax, title and license fees from the cost of the car is $664.29.

Since there is no mention of whether Ari is paying the tax, title and license fees separately we can either assume that they are part of the total cost to buy the car; or we can assume that Ari will meet these expenses separately. We have the following data:

With Fees  Without Fees

Price of the car $25,000 $25,000

Tax Title and License fees $675 $675

Total cost of the car $25,675 $25,000

less: Down payment $2,500 $2,500

Total Loan Amount $23,175 $22,500

Annual Interest rate 4% 4%

Loan period in years 3 3

Interest rate per month (r) 0.33333 % (4%/12) 0.33333 % (4%/12)

Loan period in months (n) 36 (3×12) 36 (3×12)

Since the EMI is a constant payment in dollar terms, we can use the PV of an annuity formula to find the EMI. The Formula is:

$Present Value of Annuity = P * [\frac{1- (1+r)^{-n}}{r} ]$