Answer:
Debit Rent expense and credit prepaid rent for $3,250.
Explanation:
When rent is paid in advance, cash is exchanged for another asset known as prepaid expense. This entry is recorded as
Debit Prepaid expense
Credit Cash account
As the rent is used up, the entries required are;
Debit Rent expense
Credit Prepaid expense
Hence as at January 31, rent expense incurred
= 1/12 × $39,000
= $3,250
<span>The us of independent channel members in a channel of distribution allows manufacturers </span>to achieve distinctive clients with a similar item or diverse clients with various items exceptionally basic for vast and little firms.
Ex) apple store, apple site, best purchase with apple items
Canceling a contract for a technicality when market prices are falling is considered a perfectly acceptable and ethical practice. An escalator clause provides for an increase, as well as a decrease, in price if costs change.
The market price rate is the modern-day fee at which an asset or provider can be sold or offered. The marketplace rate of an asset or provider is decided with the aid of the forces of delivery and demand. The fee at which the quantity provided equals the amount demanded is the marketplace charge.
A market charge is a charge triumphing on a specific day or a particular time. it is the end result of marketplace call for and delivery. regular charge, then again, is the end result of a lengthy length call for and lengthy length delivery. marketplace expenses are based upon the interplay of call for and delivery. An equilibrium price is a balance of demand and supply factors.
To take a marketplace charge instance, allow's count on an inventory has bid prices as much as $24.99 and ask prices at $25.01 and above. whilst an investor places a marketplace order to shop for it's going to execute at $25.01. This becomes the marketplace charge and bids will want to transport up to complete the following exchange.
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Answer: The correct answer is "D. They earn identical rewards per unit of systematic risk.".
Explanation: If you are comparing 3 values and by calculating, find that they all have the same Treynor ratio means that they earn identical rewards per unit of systematic risk.
Convenience products like Coke are available almost everywhere in the United States. Thus, Coke uses intensive distribution, which is related to the strategy of making the product available at many different retailers.
This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.
Therefore, non-durable goods such as Coke need to be replenished quickly, justifying the company's intensive distribution strategy, which makes its products easily available to consumers, increasing its profitability and positioning.
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