On January 15, Ross Furniture, Inc., accepted a $5,000, 180-day, 10 percent note from a customer at the time of a product sale.
What is product sale?Product sale is the process of selling goods or services to customers. It involves generating leads, managing customer relationships, negotiating prices, closing deals, and providing customer service after the sale. Product sales can be performed in person, over the phone, through email, or even online. Companies use a variety of tactics to increase product sales, such as promotional campaigns, discounts, loyalty programs, and digital marketing. Product sales are an important part of any business and a key factor in its success. By understanding the needs and wants of customers, businesses can create successful product sales strategies that will help them maximize profits and grow their customer base.
Debit Credit
Accounts Receivable 5,000
Notes Receivable 5,000
On January 15, Ross Furniture, Inc., accepted a $5,000, 180-day, 10 percent note from a customer at the time of a product sale.
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To journalize the acceptance of a $5,000, a 10% note from a customer at Ross Furniture, the company debits their Notes Receivable account for $5,000 and credits their Sales Revenue account for the same amount. The entry in the general journal: Debit: Notes Receivable $5,000, Credit: Sales Revenue $5,000.
Explanation:On January 15, Ross Furniture, Incorporated, accepts a $5,000, 180-day, 10 percent note from a customer at the time of a product sale. In accounting terms, a note receivable is considered an asset, so Ross Furniture would debit the Notes Receivable account for $5,000. As the notes receivable is originated due to a product sale, Ross Furniture's sales or revenue will be credited. The entry in the general journal will look like this:
Debit: Notes Receivable $5,000Credit: Sales Revenue $5,000The explanation for this entry would then be 'To record acceptance of a note for product sale.'
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One result of the public choice model is that most economists believe that A.policymakers may have incentives to intervene in the economy in ways that do not promote economic efficiency. B.when market failure occurs, government intervention will always lead to a more efficient outcome. C.government intervention will always result in a reduction in economic efficiency in regulated markets. D.the voting paradox will prevent voters from selecting the best person for public office.
One result of the public choice model is that most economists believe that policymakers may have incentives to intervene in the economy in ways that do not promote economic efficiency (option A).
The public choice model describes how people and firms operate in markets to pursue their own self-interest, and this is the same approach that is taken by policymakers. This suggests that policymakers may have incentives to intervene in the economy in ways that do not promote economic efficiency, for example, by providing subsidies to certain industries or by protecting domestic firms from foreign competition. In some cases, these interventions may lead to outcomes that are worse than if no intervention had taken place.
The other options are incorrect as they do not correctly describe the results of the public choice model. Option B is incorrect because government intervention may not always lead to a more efficient outcome when market failure occurs. Option C is incorrect because government intervention can sometimes lead to an increase in economic efficiency in regulated markets. Option D is incorrect because the voting paradox does not always prevent voters from selecting the best person for public office. The correct option is A.
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Problems with executive function, use of working memory, and effective planning are associated with
ADHD
speech
fluency
increased
Problems with executive function, use of working memory, and effective planning are commonly associated with Attention Deficit Hyperactivity Disorder (ADHD). The correct option is ADHD.
Executive function refers to the cognitive processes involved in planning, organizing, initiating, and completing tasks. Individuals with ADHD may experience difficulty with these processes, which can lead to difficulties in school, work, and social situations. Working memory refers to the ability to hold and manipulate information in the mind over short periods of time.
Individuals with ADHD may struggle with working memory, which can lead to forgetfulness and difficulty following through with tasks. Effective planning refers to the ability to set goals, make plans, and carry out those plans to completion. Individuals with ADHD may have trouble with this process, which can lead to procrastination, disorganization, and difficulties with time management.
These difficulties can impact various areas of life and may require interventions such as medication, therapy, or accommodations in educational or work settings. The correct option is ADHD.
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Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.
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Answer:
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Explanation:
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the online retailer ____ is one of the largest suppliers of cloud services.
The online retailer Amazon is one of the largest suppliers of cloud services. Amazon Web Services (AWS), a subsidiary of Amazon, is the leading provider of cloud services in the world. The company offers a wide range of cloud computing services, including computing power, storage, and databases, to businesses, organizations, and individuals worldwide.
AWS is known for its scalability, reliability, and security, which have made it the preferred choice for companies of all sizes, from startups to Fortune 500 companies. According to recent reports, AWS holds more than a third of the global cloud infrastructure market share, making it the largest provider in the industry. Amazon has been able to establish its dominance in the cloud services market due to its early entry into the field, as well as its continuous innovation and investment in technology.
The company has also leveraged its existing e-commerce infrastructure and customer base to expand its cloud services offerings and attract new customers. Additionally, AWS offers a variety of pricing options, which allows customers to choose the services that fit their needs and budget. Overall, the success of AWS has contributed significantly to Amazon's overall growth and profitability.
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The consumer decision making process is comprised of these five steps: Need recognition, Environmental Scanning, Evaluation of alternatives, Purchase, Postpurchase behavior Need recognition, Environmental Scanning, Prepurchase Behavior, Purchase, Postpurchase behavior Need recognition, Information Search, Evaluation of alternatives, Purchase, Postpurchase behavior Need recognition, Environmental Scanning, Prepurchase Behavior, Purchase, Cognitive dissonance Need recognition, Information Search, Cognitive Dissonance, Purchase, Postpurchase behavior
Answer:
need recognition, information search, evaluation of alternatives, purchase, and post purchase behavior
Explanation:
In simple words, A consumer refers to an individual who acquire a resource in exchange of money or some other resource, to satisfy his or her needs.
The customer decision-making process involves consumers becoming aware of and identifying their interests, gathering input about how to better meet those needs, weighing alternative possible choices, making a buying judgment as well as evaluating their investment.
What do you know, or have heard, about the U.S. Economy currently?
WILL MARK BEST ANSWER BRAINLIEST
Write a professional email using the following scenario:
The manager is going to a conference in another city. She would like her assistant to book the flight and hotel.
A professional email based on the given scenario would sound like the following:
To: Assistant
From: Manager
Subject: Flight and Hotel Booking for Chicago
Date: January 28, 2022
Hi,
Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).
Do not forget the company's favorite airline and hotel for the bookings.
Regards,
Tony
Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.
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The Plastics Division of Weston Company manufactures plastic molds and then sells them to customers for $70 per unit. Its variable cost is $30 per unit, and its fixed cost per unit is $10. Management would like the Plastics Division to transfer 10,000 of these molds to another division within the company at a price of $40. The Plastics Division has excess capacity of 10,000 units for plastic moldings. What is the minimum transfer price that the Plastics Division should accept
Answer:
$30
Explanation:
Based on the information given in a situation where the Plastics Division has 10,000 units as the excess capacity for plastic moldings in which the VARIABLE COST is $30 per unit which means that the MINIMUM TRANSFER PRICE that the Plastics Division should accept will be the
VARIABLE COST per unit amount of $30.
Therefore the MINIMUM TRANSFER PRICE that the Plastics Division should accept is $30
surveys are short, frequent questionnaires that can help predict and manage turnover. a. turnover b. desire to leave c. annual d. pulse
Surveys are an effective way to gather information about various aspects of an organization, including employee (a)turnover. Turnover refers to the rate at which employees leave a company and need to be replaced.
Surveys can help predict and manage turnover by collecting data on employee satisfaction, engagement, and desire to leave. The desire to leave is an important factor to measure, as it can indicate whether an employee is likely to quit in the near future. Surveys can be administered on an annual basis to track changes in employee attitudes and identify potential areas of improvement, or they can be administered more frequently (such as on a quarterly or monthly basis) as part of a pulse survey program to get more real-time insights into employee sentiment.
Overall, surveys are a valuable tool for organizations to gather feedback from their employees and make data-driven decisions to improve retention and manage turnover.
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Sarah's dog had purebred puppies that she decided to sell on www.puppyfind.com. She ships them using an airline. If a puppy dies, to
whom is the carrier liable?
O It is liable to Sarah's enterprise, her sole proprietorship.
O It is liable to the third party, the buyer.
O It is liable to Sarah, the principal
O Both the first and second answers only.
If a puppy dies, then the airline carrier is liable. The transportation provider is in charge of providing accommodations for the animals while on a trip.
The airline carrier is liable for the puppy's death. Since the airline carrier did not maintain the proper temperature in the cargo space, which they were supposed to do, they are the ones who are responsible for the death of the puppy.
Sarah, as the seller, is not liable as she fulfilled her responsibility by selling a healthy puppy. The buyer is also not liable for the puppy's death as they were not responsible for the transportation of the puppy. Therefore, the airline carrier is the party responsible for the puppy's death.
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Probably the full options are:
The airline carrier is liable.The buyer is liable.Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
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Employees tend to stay with one company for their entire careers.
Please select the best answer from the choices provided
OTrue
OFalse
Answer:The answer would be true, unless the employee had to leave for personal reasons
Explanation:
Which of the following is not a crime against persons?
robbery, assault and battery, larceny, sexual assault, Other:
You want to compare the batting average of all the players on the league's baseball teams. Which type of chart would be best for this purpose? a.Pie b.Bar c.Line d.Column
Answer: B.) Bar
Explanation: When trying to compare batting average of all players on the leagues baseball team, the batting average of the players in each team is measured and the data grouped by team. When measuring changes, differences or comparison, the bar chart and line chart seems to be the best for such purposes. However, depending on whether the changes in measured data is large or small, the bar chart seems best suited in cases where large differences exists, while line graphs are better when small differences exist between measure data.
Answer:
B.) Bar
Explanation:
grayson lives and works in Indiana, which has a flat state income tax of 3.4% If his annual salary is %49,255 and he get paid once a month, how much is withheld from is gross income for state income tax each pay period?
Answer:
139.56
Explanation:
The flat tax rate is at 3.4 %, which is 0.034
Grayson earns $49,255 but is paid monthly. His monthly is $49,255 divided by 12
=$49,255 / 12
=$4,104.5833
The tax per period will be 3.4% or 0.034 of $4,104.5833
=0.034 x $4, 104.58
=$139.55583
=$139.56
What is location analysis
Answer:
Location analysis is a technique for discovering, assessing and specifying the optimal placement of an organization's people, information, activities, and materials.Location models are key in performing location analysis by providing a well-documented common vision of current and desired location arrangements.
Retirement benefits are an example of
income.
Labor
rental
interest
Answer:
Labor income
Explanation:
edg
how can community participation benefits south african ?
Answer:
Participa- tory or community-driven development is advocated on the basis that, among other advantages, it can reduce information problems for development planners and beneficiaries, increase the resources available to poor people
Which is an umbrella term referring to any type of Internet transaction?
Answer:
e-business
Explanation:
Which is an umbrella term referring to any type of Internet transaction? useful. Businesses evaluate the quality and source of the information they obtain to make sure the information is: It may be one part of a business's overall information management program.
Answer:
e-business
Explanation:
e-business is an umbrella term referring to any type of Internet transaction
Which part of the purchasing process includes the sum of money due in
payment for the goods?
A. Invoice
B. Payment
C. Requisition
D. Shipping
ANSWER: A. Invoice
Explanation:
it is a document given by the supplier,which contains
information on the quality,PRICE of goods sold
also date
well this is what ik,so hope it helps ig
Answer:
in voice
Explanation:
Explain the project planning steps
Set goals
Prioritize tasks
Create a schedule
Communicate.
1.
Consider the market for personal computers. Suppose that
demand is stable: The demand curve doesn't change. Predict
the effects of the following changes on the on the equilibrium
price of computers. Illustrate your answers with a supply and
demand diagram. (Hint: Needs 2 Graphs; one for "a" and one for
"b")
a.
b.
The cost of memory chips decreases.
The government imposes a $100 tax on personal
computers
Note that a decrease in the cost of memory chips will shift the supply curve to the right, leading to an increase in the quantity supplied and a decrease in the price of computers.
On the other hand, the imposition of a $100 tax will shift the supply curve to the left, reducing the quantity supplied and increasing the price of computers. As a result, the price of computers will decrease in the first case and increase in the second case.
What is the rationale for the above response?In economics, the equilibrium price is the price at which the quantity of a good or service supplied is equal to the quantity demanded by consumers.
When the cost of memory chips decreases, there will be an increase in the supply of personal computers, as it becomes cheaper for manufacturers to produce them.
This shift in supply will cause the price of personal computers to decrease, reaching a new equilibrium price at which the quantity supplied equals the quantity demanded.
On the other hand, if the government levies a $100 tax on personal computers, this will increase the price for consumers, causing a decrease in demand.
The shift in demand will cause the price to increase, reaching a new equilibrium price at which the quantity supplied equals the quantity demanded.
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Which of the following is the BEST definition of investment management?
A. The term most often refers to portfolio management and the trading of securities to reach a specific investment objective
B. An object (fine art or antique) suitable for collections whose value may appreciate
C. A financial analysis comparing the potential gains from an investment against the potential losses
D. Focuses on the concept of money and the investing of money on a large scale
Answer:
A
Explanation:
I think is it
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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the account policies in the local security policy can be used to control domain accounts
The local security policy applies only to the local computer or standalone server where it is configured. It defines security settings and policies for local user accounts and groups on that specific machine.
To control domain accounts, which are accounts that are managed by a domain controller in a Windows domain environment, you need to use the Group Policy settings. Group Policy allows administrators to define and enforce policies for domain accounts and computers within an Active Directory domain.
Group Policy settings can be configured at the domain level, organizational unit (OU) level, or individual computer level to control various aspects of user and computer behavior, security, and configuration. These policies can include account password policies, account lockout policies, user rights assignments, and many other settings that affect domain accounts and computers within the domain.
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As children, we just have one or two things, but as adults, we have a complete bag of balls that we are attempting to maintain in the aif. Consider all the roles you may be playingwife, mother, daughter, employee, student, military spouse fwhich, while technically a "wife" role, has its own unique issues, so I think we can call it out individuallyl. PTA member, church conmittee chair, blopeer, bock dub member, etc. In addition, the upcoming holiday saason will make you further busier. Last year, during the fall I was attending classes and learning a new job which was very complex. Being a full-time student along with working a full-time job can be chatlenging. Being able to balance work and school can be challenging because i feel like l've been prioritizing work above study. I need to earn money for school, so I must work. For scholarships and decent grades, I still need to continue my education. College is largely dependent on finances. You cannot obtain an education without money. In my case, not working will prevent me from having money or a good education. But I have found that being organized can make it a bit better. However, when learning a new job that is complex you can tend to get overwhelmed. Which happened to me, I felt like every time I completed an assignment at school that was difficult and time-consuming. I was faced with even a more difficult task at work. At times I felt like giving up and hiding trom the world and my responsibilities. The painful reminders that there Through completing the Business Writing Assignment, you constructed a workplace document and engaged in the writing process by taking your instructor's feedback and employing it to improve your assignment. It is important to take time to reflect on your own writing process to hone the process and use it to empower you to improve your process over time. Locate your Business Writing Assignment and evaluate what you wrote. Since this is a reflection, you can include your emotions and reactions, and use the first person ("I′′ ) to write your reflection. In a 550-word reflective response, complete the following elements:
- Discuss your experience writing your assignment, reviewing your instructor's initial feedback, and revising your response.
- Explain some of your writing process and what you thought worked well. - Also, detail some of what in your process you will look to improve for next time.
Writing the Business Writing Assignment was a challenging yet valuable experience. Receiving and implementing feedback from my instructor helped me improve my work, and I realized the importance of reflection and continuous improvement in my writing process.
Writing the Business Writing Assignment was a journey that involved multiple stages. Initially, I invested time and effort into constructing a workplace document, aiming to meet the assignment requirements. However, it was the process of reviewing my instructor's initial feedback that truly enhanced my understanding and propelled me towards improvement.
By carefully considering the feedback, I gained valuable insights into the strengths and weaknesses of my writing. It allowed me to identify areas that required refinement, such as clarity, organization, or the inclusion of specific details. Armed with this knowledge, I embarked on the revision phase, diligently incorporating the suggestions and making necessary adjustments.
Throughout the writing process, I found certain aspects of my approach to be effective. For instance, I appreciated the value of planning and outlining before diving into the actual writing. This allowed me to structure my ideas and ensure a logical flow in the document. Additionally, seeking feedback from peers or colleagues provided valuable perspectives and helped me fine-tune my work.
However, I recognize the need for improvement in certain areas of my writing process. One aspect I aim to enhance is time management. As the assignment coincided with a busy period in my life, I realized the importance of allocating dedicated time for writing, revising, and incorporating feedback. Improving this aspect will ensure a more balanced and efficient writing process in the future.
In conclusion, the experience of writing the Business Writing Assignment, coupled with the invaluable feedback from my instructor, taught me the significance of reflection and continuous improvement. Through careful analysis of my writing process, I identified strengths to build upon and areas to refine, emphasizing the importance of time management and seeking constructive feedback for future assignments.
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whats Alana current budget is and create a proposed budget so that she can achieve her savings goals (10 marks - TI). Assume that Alana makes $530 a month. Be sure to:
· calculate her budget surplus OR deficit is (current and proposed)
Answer:G tyyyy jhccfvvhh
Explanation:
Hjhdfuiijjhfcdrg g
Refer to the given list of assets. 1. Large-denominated ($100,000 and over) time deposits 2. Noncheckable savings deposits 3. Currency (coins and paper money) in circulation 4. Small-denominated (under $100,000) time deposits 5. Stock certificates 6. Checkable deposits 7. Money market deposit accounts 8. Money market mutual fund balances held by individuals 9. Money market mutual fund balances held by businesses 10. Currency held in bank vaults Which of the following are considered to be near monies? A. items 2, 4, 7, and 8 B. all items except for 3 C. items 1, 5, and 10 D. items 2, 5, 8, and 9
Answer:
A. items 2, 4, 7, and 8
Explanation:
As we know that the near money should also be known as the quasi-liquid money and this comprise of high liquid money not only used for the transactions as they are only part of M2 money so it cant be involved in M1 money
And, the other options are related to currency or the instruments instead having less liquidity levels
Therefore the option a is correct
What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST
One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily
What is AutomationAutomation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.
Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.
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