The _____ approach to systems development is a group-based tool for collecting user requirements.

A customer purchases $340 worth of merchandise from The GAP using a gift card. What is the journal entry The Gap records?

OLga [1]

Answer:

Option (d) is correct.

Explanation:

Given that,

Customer purchases $340 worth of merchandise from The GAP using a gift card.

A gift card is having an amount of money that is used by the gift card holder for the purpose of purchasing goods. So, in the books of GAP, the value of gift card is debited as an unearned revenue and the sales revenue is credited.

The journal is as follows:

Unearned revenue A/c Dr. $340

To sales revenue A/c $340

(To record the merchandise sold for a gift card)

6 0

3 years ago

In your research project on tourism, you must collect data before the tourist season ends because the project requires interview

Sedaia [141]

Answer:

C, Internal

Explanation:

Internal dependency is the relationship that exists between tasks in the same project.

As regards to the question above, the research project on tourism is the main project but it has the tasks of data collection which is a function of speaking with tourists.

This means that the speaking to tourists is the basis of data collection which in turn is the basis of the tourism project.

Cheers.

4 0

3 years ago

Read 2 more answers

Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of econo

Nata [24]

Answer:

Money is not considered a capital resource because money is not productive. It provides access to resources but itself does not directly contribute to the production of goods and services.

Entrepreneurial ability does directly produce goods and services; it organizes the resources that do. Entrepreneurs are risk-takers.

Explanation:

3 0

4 years ago

You have a choice among three options. Option 1: receive $900 immediately. Option 2: receive $1,200 one year from now. Option 3:

vovangra [49]

Answer:

Option 2

Option 3

Option 1

Explanation:

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator

Present value of option 1 = $900

For option 2 :

Cash flow in year 1 = $1200

I = 15%

Present value = $1,043.48

For option 3 :

Cash flow each year from year 1 to 4 = 0

Cash flow in year 5 = $2000

I = 15%

Present value =$ 994.35

From the above figures, option 2 has the highest present value, followed by option 3 and then option 1.

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0

3 years ago

One major advantage of pure competition compared to a monopoly is that:

andriy [413]

Answer:businesses have more incentives to keep prices low

Explanation:apex

3 0

3 years ago