Answer: $150
Explanation:
Based on the information given in the question, the journal entry provided will be:
Debit Customer $1500
Credit Account Payable (Apple) $1350
Credit Commission income/Revenue $150
Therefore, the revenue that Amazon will recognize for the sale of one MacBook Pro is $150.
Answer:
Nathan's contention is wrong.
Explanation:
Storage of money at home involves the opportunity cost of losing out on income that would've been generated had the same money been invested elsewhere or deposited with a bank.
Secondly, money stored at home is vulnerable to theft and other forms of risks.
Thirdly, stored money at home does not contribute to any economic benefit since such money is out of circular flow of money in the economy. So it yields no return.
Thus, Nathan's contention of stored money at home being costless is wrong.
Answer: NOT the second paragraph
Explanation: ed 2021
Answer:
Explanation:
1) Schedule of cash receipts:
Since 100% of account receivable is collected in the month following the month of sale, which means $290,000 will be collected in July.
2) If there are no sales in September, amount of accounts receivable the company will report on its 3rd quarter balance sheet will be 0. Otherwise, the ending accounts receivable at the end of 3rd quarter will be = sales amount in September.
Answer:
Pharma One
The statement that indicates that KleenKare is a cash cow according to the the Boston Consulting Group (BCG) matrix is:
2. The demand for analgesic drugs in the Syrian market is expected to maintain a low-growth, high-share status.
Explanation:
A cash cow depicts the BCG matrix quadrant where there are higher returns, high market share in a low-growth market. The cash cow requires little investment to generate high returns. It also provides the cash for financing the other quadrants (dogs, stars, and question marks). Basically, the BCG matrix, also known as the Growth/Share Matrix, depicts the products' growth opportunities.
