Explanation:
Following things will not work:
Answer:
1. $425,000
2. $24,250
Explanation:
The computations are shown below:
1. For Average Operating Assets
Average operating assets = (Beginning Operating Assets + Ending Operating Assets) ÷ 2
= ($390,000 + $460,000) ÷ 2
= $425,000
2. Residual income = Operating income - (Average operating assets × Minimum Required Rate of Return)
= $66,750 - ($425,000 × 10%)
= $66,750 - $42,500
= $24,250
"There are fewer close substitutes for the product your team supports" will improve your bargaining position with customers.
Option: B
Explanation:
Bargaining is the procedure which is preferred by citizens not only with street shops but it is famous internationally too, where defense, economic trade deal, etc are signed between two different nations to corporate and shake hand of unity. Bargaining is more effective when one allow seller to know that the party itself have more substitutes if the product is not provided by the seller in appropriate rate.
For an instance, if India need to buy some rolling defense helicopters for nation from Russia but prices are high and United States is providing same material with lower price or may be with better rewards on buying from them.
Answer and Explanation:
Utility maximization rule is fundamentally the most extreme fulfillment got from utilization of an item.
Like picking between a modest or costly lodging while a costly inn would be high in quality however a tolerably charged inn would likewise offer fulfillment to the purchaser.
The decision relies upon the salary spending plan of the shopper and there are requirements to the purchaser as far as the decisions accessible relying upon costs and pay.
Answer:
DR Sales returns and Allowances ............................. $500
CR Accounts Receivable........................................................$500
Explanation:
Jepson returned $500 worth of goods so this would need to be accounted for by reducing the Accounts receivable amount by $500.
The returns will be accounted for in the Sales returns and allowances account which will be debited to reflect this.
Answer:
The journal entry to record the dividend declaration is:
June 2, 202x, cash dividends are declared
Dr Retained earnings 4,800
Cr Dividends payable 4,800
The journal entry to record the payment of the dividend would be:
Dr Dividends payable 4,800
Cr Cash 4,800
When we calculate dividends, only outstanding stocks are included in the distribution: total outstanding stocks = issued stocks - treasury stocks = 1,000 - 200 = 800