Answer: Option A
Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.
In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.
Hence from the above we can conclude that the correct option is A.
Answer:
Recommendation to Kimishima about Nintendo is given below:
Explanation:
Nintendo already have a goodwill with [now adults] because they have been playing Nintendo during their childhood, this goodwill can be revived by developing a software [Game] which is famous in Adults [Reality Game]. Also Nintendo can develop a hardware [Gaming Console] which should be compatible with other developers games and possibly cheaper in price to attract customers.
Nintendo already having goodwill, can develop a theme park with its characters and rides, this park can also have shops where Nintendo can sell its games and consoles.
In class 2 ., The Model D is the Top/ favorite one having highest market return (24%) with lowest inventory cost ($79)
Explanation:
To Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. simply we should calculate the profit margin for each category
Profit margin = (market value - cost price) = Profit ÷ cost price × 100
Class 1:
Model A
46 $116 $139
Profit margin = (139 - 116) = 23 ÷ 116 × 100 = 19.32%
Model B
49 243 239
Profit margin = (239 - 243)= -4 ÷ 243 × 100 = - 1.65% (loss)
Model C
43 233 252
Profit margin = (252 - 233) = 19 ÷ 233 × 100 = 8.15%
Class 2:
Model D
37 79 98
Profit margin = (98 - 79) = 19 ÷ 79 × 100 = 24%
Model E
6 151 130
Profit margin = (130 - 151) = - 21 ÷ 79 × 100 = -13.91 % (loss)
Result
In class 1
Model A is preferable., It has the lowest inventory value and has highest market value (Returns) at 19.82%
In class 2
Model D is preferable., It has the lowest inventory value and has highest market value (Returns) at 24%
Overall the Model D is the Top/ favorite one having highest market return with lowest inventory cost
Answer:
$59,045.80
Explanation:
The following information was missing:
Accounts Receivable total $1,565,170
Assuming the company uses the percent of accounts receivable method, what is the amount that Chiller will enter as the Bad Debt Expense in the December 31 adjusting journal entry?
total uncollectible debt = $1,565,170 x 4% = $62,606.80
since the account balance of the allowance for doubtful accounts is $3,561 (credit), the adjusting entry should be:
December 31, 2013, bad debt expense
Dr Bad debt expense (= $62,606.80 - $3,561) 59,045.80
Cr Allowance for doubtful accounts 59,045.80
Answer:
Explanation:
7
+
5
−
9
+
2
−
1
2
7y+5x-9+2y-12x
7y+5x−9+2y−12x
Simplify
1
Combine like terms
7
+
5
−
9
+
2
−
1
2
{\color{#c92786}{7y}}+5x-9+{\color{#c92786}{2y}}-12x
7y+5x−9+2y−12x
9
+
5
−
9
−
1
2
{\color{#c92786}{9y}}+5x-9-12x
9y+5x−9−12x
2
Combine like terms
3
Rearrange terms
Solution
−
7
+
9
−
9