Answer:
d) debit to cash for $8,820
Explanation:
The Journal entry is shown below:-
Cash Dr, $8,820 ($9,000 - 2% × $9,000)
To Accounts Receivable $8,820
(Being is recorded)
Here we debited the cash as increases the assets and credited the accounts receivable as it decreases the assets.
Working note:
Net sales = Sales - Sales returns
= 10,000 - $1,000
= $9,000
Answer is A. Debt. Or possibly revenue
Answer:
$37.79
Explanation:
The computation of the stock price is shown below:
Data given in the question
Next year dividend = $3.25
Growth rate = 3.5%
Required rate of return = 12.1%
So, the stock price is
= Next year dividend ÷ (Required rate of return - growth rate)
= $3.25 ÷ (12.1% - 3.5%)
= $3.25 ÷ 8.6%
= $37.79
We simply apply the above formula to find out the stock price
Answer: C. She exercises freedom of economic choice.
Explanation:
Freedom of choice is when economic agents such as individuals, the firm's and the government can allocate the resources as they want and are free to make a choice they want.
Freedom of choice represents allows individuals make their own decisions. In this scenario, Gabrielle's economic decisions best relate to broad economic goals by exercising the freedom of economic choice.
The compensation the pay that employees receive in return for their labor. It is the total amount of the non-monetary and monetary pay given to employees by their employers for the work they performed or for the services they rendered. It is the combination the value of the pay, bonuses, vacation, health insurance, and other benefits you receive.
