Answer:
C. credit to Customer Refunds Payable, $900
Explanation:
Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850.
Global Company refunded Montana Industries $900 for returned merchandise. The cost of merchandise sold was $600.
The entry that will be recorded by Global Company in the journal entry for the refund from the sale a credit to Customer Refunds Payable, $900
<u>This amount of $900 will eventually be netted off against the accounts receivable amount for the total sales of $3,450, reducing the amount payable by the customer to $2550</u>
Answer:
<u>Personality</u>
Explanation:
The term "personality" conveys how a person or an individual's unique traits guide his/her reactions and actions in particular situation.
Each person is unique in the sense, no two individuals share exactly same thoughts or react in exactly same manner. Individuality refers to the uniqueness of ideas, thoughts and reactions which distinguish a person from another.
Personality of an individual gradually assumes shape over a period of time, being an outcome of the kind of people one associates with, tastes and preferences, addition of ideas, etc.
The point at which it is no longer advantageous to buy in bulk is known as marginal. It is the incremental increase in a benefit to a consumer caused by the consumption of an additional unit of good.Marginal benefits normally decline as a consumer decides to consume more and more of a single good.
Answer: While not usual they can be held responsible for all business debts.
Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.
Answer:
The correct answer is letter "B": SWOT's focus on the external environment is too broad and integrative.
Explanation:
The SWOT analysis is a study of the internal and external factors that influence companies' operations and from which the entity can take advantage of or steps to control risks. The <em>internal factors</em> are the Strengths and Weaknesses while the <em>external components</em> are the Opportunities and Threats of the firm.
<em>The SWOT's focus on the external environment is broad and integrative but such characteristic represents an advantage not a limitation of this strategic study.</em>