Answer:
Sarah inventory $ 123.75
Luke inventory  $  125.00
Explanation:
<u>Sarah</u>
125 dollars x 1% discount = 1.25 dollars
Inventory:
125 nominal - 1.25 discount = 123.75
Sarah will enter the inventory for the price it paid to acquire it which is 123.75
<u>Luke</u>
As look paid after the discount period the inventory will be valued at nominal:
125 dollars nominal
<u>the charge is considered interest expense</u> it will not be capitalize through inventory.
 
        
             
        
        
        
Answer:
b. Sales promotion 
Explanation:
Sale promotions are activities that a company engages in to persuade a potential customer to buy its products. Sale promotions  are short-term tactics to boost sales.  Although a business may get long-term customers through sales promotions, there are designed to entice new customers in the short-run.
Sales promotions encourage customers to switch brands or try out a different product. They are ideal when introducing new products in the market. Howerver, they are costly, and sometimes have a short term effect on sales. 
This case uses a free sample technique ( free dog biscuits) as the promotion method. Other ways of conducting sales promotions include discount vouchers, free money coupons, and competitions. 
 
        
             
        
        
        
Answer:
A - The Short Run Aggregate Supply curve shifts to the right. 
Explanation:
The Short Run Aggregate Supply curve plots aggreagrate price against aggreagrate quantity. 
If producers believe a recession is imminent and they reduce the amount of machinery purchased, the quantity supplied would reduce shifting the Short Run Aggregate Supply curve to the left.
I hope I was able to help you. 
 
        
             
        
        
        
Answer:
Insurance $4,800 (debit)
prepaid insurance $4,800 (credit)
Explanation:
In order to find out adjusting entries. firstly, we need to calculate the difference between prepaid insurance account and Insurance account.
That could be done by subtracting $3,550 from $8,350.
Difference = 8350-3550= 4800
 
 
        
             
        
        
        
Answer: The correct answer is A) The subsidiary revalues assets and liabilities to their fair values as of the acquisition date.
Explanation: Push down accounting is used when a company buys another company. This type of accounting revalues the assets and liabilities of the acquired company at a fair value on the date of acquisition.