While figuring out how to save money for a bride who is having financial problems, Paula, the catering manager of Oh Happy Day, asked her assistant, "What do you think is the best menu to offer under these particular circumstances? How can we offer the bride and groom's guests a great meal within their budget?" Paula and her assistant are using the contingency approach.
True
Answer:
a. Janice must adjust the total value 2018 GDP for inflation.
Explanation:
Gross domestic product is defined as the amount of goods and services produced by a country in a particular period. It is a measure of economic growth of the country.
Real GDP is calculated from GDP by adjusting for inflation of deflation. Real GDP gives a more clear picture of the economy since it considers the reality of inflationary effect on prices.
For example when prices go up and GDP is used, it will seem the country is producing more. Which is a wrong assumption.
Real GDP give a more accurate insight into a countrie's productivity.
Answer:
I don't know what are the options available but I know how to account for the cash discounts. For example if the company $10 of discount to the customer for purchasing $100, then the accounting treatment will be as under:
Dr Cash discount (Expense in nature) 10
Dr Cash Received 100
Cr Sales 110
Answer:
Equitable relief
Explanation:
Equitable relief is defined as a remedy provided by a court that requires a party to act or prevents a person from acting.
It is usually granted in relation to contracts that have been breached.
When equitable relief is sought there is no monetary compensation, rather the plaintiff is requesting the court to ensure an action is performed.
In this instance Andrews and Bates have a written contract in which Bates promises to sell Andrews a piece of real estate. When Bates refuses to fulfill his obligation Andrews can seek for equitable relief from the court.
Forcing Bates to sell the piece of real estate as agreed in the contract.