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3 years ago

Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look

Business

1 answer:

DaniilM [7]3 years ago

7 0

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

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Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

allochka39001 [22]

Answer:

e. Debit Petty Cash $50 Credit Cash $ 50

Explanation:

The entry on October 01 is to reflect the increase in Petty Cash from $ 250 to $ 300. i.e the incremental effect is only $ 50. This is because for the regular replenishment that was done on September 30, the following entry would have been recorded:

Petty Cash - Debit $ 232

Cash - Credit $ 232

The entry for recording the petty cash expenses would be as follows;

Office Supplies expense debit $ 73

Merchandise Inventory debit $ 137

Miscellaneous expenses debit $ 22

Petty Cash credit $ 232

7 0

3 years ago

WHAT IS OPERANT CONDITIONG

finlep [7]

Operant conditioning is a type of associative learning process through which the strength of a behavior is modified by reinforcement or punishment. It is also a procedure that is used to bring about such learning.

4 0

3 years ago

Read 2 more answers

The nominal exchange rate is .80 euros per dollar and the real exchange rate is 4/3. Which of the following prices for a particu

Svetach [21]

Answer:

option (C) $5 in the U.S. and 3 euros in Italy

Explanation:

Data provided in the question:

Nominal exchange rate, E = 0.80 euros per dollar

Real exchange rate = $\frac{4}{3}$

Now,

Real exchange rate = [ Price of good in US ] ÷ [ Price of Good in Italy ]

= $\frac{EPU}{PI}$

Here,

PU = Price of US in dollars

PI = Price of Italy in Euros

Thus,

Real exchange in rate

$\frac{4}{3}$ = $\frac{0.8PU}{PI}$

$\frac{PU}{PI}$ = $\frac{5}{3}$

hence,

we get

Ratio of Price of a good in US to Price of a Good in Italy = $\frac{5}{3}$

we can say $5 in the U.S. and 3 euros in Italy

option (C) $5 in the U.S. and 3 euros in Italy

4 0

3 years ago

Extreme Adventurer, an outdoor nature magazine, marketed to potential customers who recently purchased camping equipment and fou

MrRa [10]

Answer:

potential customers who recently purchased camping equipment and four-wheel drive trucks.

Explanation:

The call to action has a huge potential hidden in reaching out to the customers and making them call for outdoor nature and adventure.

The magazine tries to catch the reader's attention by making claims such as tired of sitting in front of your computer.

Those people who usually stay at home and are unable to move out due to some reason can use their purchased camping equipment and four-wheel-drive trucks.

7 0

3 years ago

Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Assets of $205.498 million Total Common Stock of $6.

sergey [27]

Answer:

The value of total liabilities is $155.031 million and option c is the correct answer.

Explanation:

The basic accounting equation states that the total value of assets is always equal to the sum of the total value of liabilities and the total value of equity.

Thus, we can say that,

Total Assets = Total Liabilities + Total Equity

The equity part can contain various components. In the given question it has two components namely Common Stock and retained earnings.

205.498 = Total Liabilities + (6.350 + 44.117)

205.498 = Total Liabilities + 50.467

205.498 - 50.467 = Total Liabilities

Total Liabilities = $155.031

8 0

3 years ago