Answer: data steward
Explanation: A data steward is a job role in an organization that is responsible for utilizing an organization's data governance processes to ensure fitness of data elements. Kyle is considered a data steward because Kyle works for National Sporting Goods, where he manages critical data elements, such as identifying and acquiring new data sources, creating consistent reference data, and analyzing data for quality.
Marc tried a new fruit-flavored beverage and thought it was awful. He was especially disappointed because he had liked the dried fruit snacks marketed under the same brand name. Now he wasn't sure he even wanted to buy the snacks he had liked before. This highlights a problem in branding known as _________.a. commingled brands.
b. approximated brands.
c. unlicensed brands.
d. undifferentiated brands.
e. brand dilution.
Answer:
e. brand dilution.
Explanation:
Brand dilution is when a brand is weakened because it is overused. This usually occurs as a result of unsuccessful brand extension.
Undifferentiated products are products that are intrinsically identical and have high rate of substitution with products from other suppliers. Examples of undifferentiated products are milk , ice and gasoline.
I hope my answer helps you
Answer:
E) brand dilution.
Explanation:
Brand dilution takes place when a company tries to stretch a successful brand and starts selling different products using it. Good products that are sold under the brand will make it stronger, but those products that are not very good or are simply bad products will weaken the brand. When the brand is weakened by overusing it, we call it brand dilution since the brand good reputation is diluted. E.g. does anyone remember Coke II, or how many of you have tried vanilla Coke, mango Coke, cherry Coke, citra Coke, etc., and the sad thing is that they really exist. There are more than 10 types of Coke sold around the world.
The price of a stock is:_______.a) the future value of all expected future dividends, discounted at the dividend growth rate. b) the present value of all expected future dividends, discounted at the dividend growth rate. c) the future value of all expected future dividends, discounted at the investors required return. d) the present value of all expected future dividends, discounted at the investors required return.
Answer:
The answer is D.
Explanation:
The price of a stock is also known as price of equity. This is the price the equity of a company is presently worth. The price the potential investors will be able to purchase it. One of the ways of calculating price of a stock is the Dividend Discount Model which can be calculated by:
Ke = (D1÷Po) - g
Ke is the Cost of equity(i.e the required rate of return for investors)
D1 is the next year dividend payments
Po is the price of the stock
g is the expected dividend growth rate
To get Po, we can rewrite the formula as:
Po = D1÷Ke - g÷Ke
We can see now that the expected future dividends will be discounted at the ''Ke'' which is the investors'required rate of return
The price of a stock is the present value of all its expected future dividends, discounted at the investor's required return, according to the discounted cash flow model used in finance.
Explanation:The price of a stock is d) the present value of all expected future dividends, discounted at the investor's required return. This concept is rooted in the discounted cash flow (DCF) model often used in finance to determine the valuation of an investment based on its expected future cash flows. To calculate the price of a stock, one would estimate the dividends the stock is expected to pay in the future and then discount those dividends back to their present value using a discount rate, which reflects the investor's required rate of return on the investment. This is because a dollar received in the future is worth less than a dollar today, due to the time value of money and opportunity costs. Therefore, the sum of these present values of future dividends represents the stock's current intrinsic value.
When spoiled goods have a disposal value, the net cost of the spoilage is computed by ________. material and must be sold as discounted "seconds" in the factory store
Answer:
Adding the disposal value to the costs of the spoiled goods gathered to the inspection point.
Explanation:
When spoiled goods have a disposal value, the net cost of the spoilage is computed by
adding the disposal value to the costs of the spoiled goods gathered to the point of inspection.
The normal spoilage costs are removed from the costs of good units.
According to Butner (2011), performance optimization concept is described as a multi-enterprise, supply demand balancing solution. Which is NOT one of its core feature?
Answer:Segregate events across the end-to-end value chain related to customers, distribution, manufacturing, and multi-tiered supply.
Explanation: Performance optimization is a term used to describe the various changes and modifications made to a business in order to ensure that the performance meets the required set levels.
According to Burner(2011)the Segregation of events across the end-to-end value chain related to customers, distribution, manufacturing, and multi-tiered supply is not one of the core features of performance optimization.
As the marketing manager of BargainSmartphones, you're so committed to offering the best bargains that you're willing to show other major online and offline smartphone retailers' prices. The one thing your website does NOT offer is:
Answer:
personalization.
Explanation:
Based on the information provided within the question it can be said that the one thing that your website does not offer is personalization. This refers to allowing your customers to choose the parts of the product that they want and the ones they do not in order to create and order a version of the product that fits their needs. Which, as a phone manufacturer you cannot do since phone models are fixed products that do not have swappable parts.
Currently you purchase ten frozen pizza per month. You will graduate from college in December, and you will start a new (high-paying) job in January. You have no plans to purchase frozen pizzas in January. For you, frozen pizzas are a(n)
Answer:
Inferior good
Explanation:
Inferior goods are those type or the kind of goods whose demand falls or decline when the income of the person or customer or individual rises or increases.
In short, the demand of the inferior goods is related inversely to the customer or person income.
So, in this case, the person bought 10 frozen pizzas per month, but when the person start earning, then the person would not buy the frozen pizzas. The frozen pizza will be inferior good for the person as the income of the person will rise.
Suppose the Fed decides it needs to pursue an expansionary policy. Assume people hold no cash, the reserve requirement is 10 percent, and there are no excess reserves. Show how the Fed would increase the money supply by $3 million through open market operations. Instructions: Enter numeric responses as whole numbers. Because the current money multiplier is , the Fed would $ worth of bonds, the monetary base and so increasing the money supply by $3 million.
Answer: The Fed would by $ 300 000 worth of bonds
Explanation:
Money multiplier calculates how much an initial deposit could increase money supply
Money Multiplier = (1/reserve ratio)
Money Multiplier = 1/0.10 = 10
meaning each $1 would increase money supply by $10
The Fed wants to increase the Money Supply by $ 3 million
$1 dollar increases money supply by $10, therefore The Fed would by $300 000 worth of bonds in the open markets. that is $3 million divided by the multiplier, 3000000/10.
the monetary base will increase by $3000 000
In a certain lottery, three white balls are drawn (at random) from ten balls numbered from $1$ to $10$, and one red SuperBall is drawn (at random) from ten balls numbered from $11$ to $20$. When you buy a ticket, you select three numbers from $1$ to $10,$ and one number from $11$ to $20$. To win the jackpot, the numbers on your ticket must match the three white balls and the red SuperBall. (You don't need to match the white balls in order). If you buy a ticket, what is your probability of winning the jackpot
Answer:
1/7,200 or 0.01389%
Explanation:
since you have to choose three numbers and one superball to win the lottery, your chances will be:
chances of getting the 3 white numbers = 1/10 x 1/9 x 1/8 = 1/720
chance of getting the superball = 1/10
chances of winning the jackpot = 1/720 x 1/10 = 1/7,200 = 0.01389%
Answer:
0.00083
Explanation:
Number of white balls = 10
Number of white balls drawn = 3
Number of red superbowl = 10
Number of red superbowl drawn = 1.
Probability of drawing first white ball = 3/10
Probability of drawing second white ball = 2/9
Probability of drawing third white ball = 1/8
Probability of drawing red superbowl = 1/10
To win the jackpot, we have:
[tex] \frac{3}{10} * \frac{2}{9} * \frac{1}{8} * \frac{1}{10} [/tex]
= 0.00083
Diane Fielding, owner of the famous "Mint" chain of restaurants, planned to revamp the whole concept and structure of her outlets. With this purpose in mind, she selected five managers from her existing outlets based on their performance in relation to targets, experience, and motivation. Each manager was asked to take up an aspect of the restaurant's functioning like menu, décor, and customer service measures. Diane was sure that this group of high performers possessed a clear understanding of the ground realities which made them the best candidates to contemplate and implement the required changes. In order to reward them, she announced a hefty bonus for their collective performance. Six months later, after the changes were implemented, Diane realized that the group had made many questionable decisions which were resulting in problems. Which of the following, if true, would best explain this outcome?
a. The team members had high levels of affective commitment to their jobs as Diane was a good leader.
b. The team members had skills that were complementary to each other and added value to the project.
c. The team members were clear about their duties and role ambiguity was minimal.
d. Typically, these managers viewed each other as competition as Diane only rewarded the highest earning outlet with incentives.
e. Two of the branches of "Mint" were located in the suburbs, while the other three outlets were located in busy areas and witnessed more customers.
Answer:D. Typically, these managers viewed each other as competition as Diane only rewarded the highest earning outlet with incentives.
Explanation: The action of Diane was to reward the best performers which is a Norm in management.
Reward and compensation is one of the key factors needed in order to effectively and efficiently motivate a team.
Sometimes the efforts of management is not followed by good work and Attitude by the subordinates which has led them to develop unhealthy rivalry amongst themselves,the managers saw themselves as Competing against each other instead of being partners in progress.
A snack food company experimented with the frequency of its advertising by working with a local cable provider. On the north end of the city, the frequency was high, while it was only moderate on the south end of town. The company then obtained the checkout scanner data from grocery stores in each part of town for comparison. This is a form of:_______.
Answer:sales test
Explanation:The Sales test evaluates a candidate's ability to complete the sale of goods or services on behalf of a company, including related interactions with prospective and current customers before, during, and after completion of the sale.
Elvis values the first gravy sandwich at $5, the second at $4.50, and the third at $4. If he buys three sandwiches for $4 each, his consumer surplus has a value of _____
Answer:
Consumer Surplus = $1.50
Explanation:
Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.
Therefore,
Consumer surplus = Amount consumer is willing to pay less amount paid
Given that
Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three
Price of 3 sandwich = 3 × 4 = 12
Consumer surplus = 13.50 - 12
= $1.50
Final answer:
Elvis has a total consumer surplus of $1.50 when buying three sandwiches for $4 each.
Explanation:
Elvis values the first gravy sandwich at $5, the second at $4.50, and the third at $4. If he buys three sandwiches for $4 each, his consumer surplus is the difference between what he is willing to pay for each sandwich and what he actually pays. Calculating the consumer surplus for each sandwich: for the first sandwich it's $5 (value) - $4 (price) = $1, for the second it's $4.50 (value) - $4 (price) = $0.50, and for the third, it's $4 (value) - $4 (price) = $0. Therefore, his total consumer surplus for three sandwiches is $1.50.
Rico's firm manufactures homemade salsa. His product is sold around the country, but he adds extra jalapenos to his product sold in Texas, New Mexico, and Arizona because those customers prefer the extra heat and spice. Rico also markets the product differently based on the region of the country where it is sold. This represents what type of targeting strategy
Answer:
Differentiated Targeting Strategy.
Explanation:
Rico's firm manufactures homemade salsa. His product is sold around the country, but he adds extra jalapenos to his product sold in Texas, New Mexico, and Arizona because those customers prefer the extra heat and spice. Rico also markets the product differently based on the region of the country where it is sold. This represents differentiated targeting strategy.
In differentiated targeting strategy, we target different customers and market segments with different offers and marketing mix to meet that segment's particular needs and expectations. We offer them different products, at different prices and creates unique, tailored and customized promotional campaigns for them. It is suitable for the segments which have distinctive needs and wants.
George, the CEO of a company, always uses examples from the Bible to convey his messages to his diverse workforce. He also favors employees who can quote verses from the Bible while talking to him. The non-Christian employees of the company, therefore, feel excluded. From the given information, it can be said that George shows _____.
Answer:
The correct answer is ethnicity bias.
Explanation:
Ethnicity bias is the wrong tendency to perceive members of the same race different from ours as similar or equal. For example, a Westerner would perceive Asians very similar, without being able to distinguish facial features, while on the contrary the same would happen, an Asian tends to see Western faces as all the same.
From social psychology this bias is interpreted as an endogroup advantage, so that we favor our ethnic group and differentiate ourselves from other exogroups. This bias is also interpreted as a rapid formation of stereotypes.
If the market interest rate remains at 5% for the next 29 years, and if Leggio's credit rating remains constant, then the price of its bonds will decrease gradually over time and be exactly $1,000 at maturity. True or false
Answer: True
Explanation:
A bond is a debt tool that provides a periodic stream of interest payments to investors while repaying the principal sum on a specified maturity time.
In the U.S., the face value is usually $1,000 or a multiple of $1,000. Hence as the credit value remains constant over the span of the 29 years, the bond keeps decreasing.
What is the main purpose of monetary policies?
A reducing government spending in the economy
B controlling the supply of money in the economy
C reducing government intervention in the economy
D controlling the production of goods in the economy
Answer:
c
Explanation:
this is because they have full controll over everything this includes economey
Write a one-page 0pp to Simon D'Azure, a retired worker, that he will have to pay half the costs of his health care premiums directly. You will provide a telephone number so that he can have his questions answered by the insurer. Create any details needed for a complete letter.
Answer:
To
Simon D'Azure
2 Banquet Close
Houston,
Texas
March, 7 2020
Subject: Payment of Healthcare Premiums
Dear Simon D'Azure,
Thank you for your service to our company and we do hope you are enjoying your retirement .
We will like to inform you that you will have to pay half the costs of his health care premiums directly.
Attached hereto is a copy of the costs of your health care premiums. Please take a look and review it. If the content is to your liking, sign and forward back to the insurer with the address on the letter.
For any additional questions and clarifications pertaining to the health care premiums or anything else, please feel free to call +1 234 567 89, so that he can have your questions answered by the insurer.
Regards,
Truly Daisy
Explanation:
To
Simon D'Azure
2 Banquet Close
Houston,
Texas
March, 7 2020
Subject: Payment of Healthcare Premiums
Dear Simon D'Azure,
Thank you for your service to our company and we do hope you are enjoying your retirement .
We will like to inform you that you will have to pay half the costs of his health care premiums directly.
Attached hereto is a copy of the costs of your health care premiums. Please take a look and review it. If the content is to your liking, sign and forward back to the insurer with the address on the letter.
For any additional questions and clarifications pertaining to the health care premiums or anything else, please feel free to call +1 234 567 89, so that he can have your questions answered by the insurer.
Regards,
Truly Daisy
Jason is making a marketing presentation to his best client. In closing, as Jason pitches for the sale, he reminds them of the fair treatment, competitive prices, and general preferential treatment they always receive from him and his organization. What persuasive appeal is Jason using?
Answer:Jason is using Pathos persuasive appeal.
Explanation:
Pathos is the use of emotional appeal or sympathy to the audience's emotions to make them feel what you want them to feel .
It is usually carried by companies to persuade people to purchase Thier products by constantly reminding the public or audience about benefits gained by them and how the company had associated positively with them in the past.
Here, Jason is persuasively appealing to the client by using pathos. He us trying by all means to persuade his audience by appealing to their emotions.
The XYZ Manufacturing Co. uses a gain sharing plan that gives incentives to employees to finish products rather than to incentivize dollar savings. Therefore, this company measures productivity as the ratio of standard labor hours and actual labor hours. Which kind of gain sharing program does XYZ Manufacturing Co. use?
A) Improshare
B) Rucher
C) Scanlon
D) SVOP
Answer:
A) Improshare
Explanation:
Based on the information provided it can be said that in this scenario the gain sharing program being used by XYZ Manufacturing Co. is improshare. This term refers to “Improved Productivity through Sharing” and is a type of bonus that is given to employees for having increased productivity. Meaning that they produce more output in the same time as before.
Some highways have commuter or express pass lanes. During rush hour lanes on the highway move slowly or often are stop and go, but the express lanes continue to move at a faster pace. Express pass users pay for a transponder and monthly fees to have express lane access even with no other people in their cars. In this example, the drivers who purchase these express passes are probably __________.a. richer than drivers waiting in the longer commute lines on the freeway.
b. more important than drivers waiting in the longer commute lines on the freeway.
c. drivers who value speed and convenience more than those in the stop and go lanes and are willing to pay additional express pass fees for the option of avoiding traffic jams.
d. experienced drivers that know that the best way to avoid commuter lines on the freeway is to leave home earlier to get to work.
Answer:
Drivers who value speed and convenice more than hose in the stop and go lanes and are willing to pay additional express pass fees for the option of avoiding traffic jams.
Explanation:
In this scenario the driver's Choi's to buy the express pass expresses their preference for fast and convinient commute. They are willing to pay for access to the express way to get it.
Those that still use the highway and endure the the stop and go traffic value the money they will pay for a pass above the speed and convinience of using the express way.
On January 1, Year 1, a company with a calendar year end began developing a software program that it intends to market and sell to its customers. The software coding was completed on March 31, Year 1, at a cost of $200,000, and the software testing was completed on June 30, Year 1, at a cost of $100,000. The company achieved technological feasibility on July 31, Year 1, at which time the company began producing product masters at a cost of $125,000. What amount should the company report for the total research and development expense for the year ended December 31, Year 1?
Answer:
$300,000
Explanation:
On January 1, Year 1, a company with a calendar year end began developing a software program that it intends to market and sell to its customers.
The software coding was completed on March 31, Year 1, at a cost of $200,000, and the software testing was completed on June 30, Year 1, at a cost of $100,000.
The company achieved technological feasibility on July 31, Year 1, at which time the company began producing product masters at a cost of $125,000.
Therefore the amount that the company should report for the total research and development expense for the year ended December 31, Year 1 is the cost of software coding ($200,000) and software testing ($100,000) which are the costs up to the point, before the company started producing.
Final answer:
The total research and development expense for the year ended December 31, Year 1, is $300,000, as this is the sum of costs incurred up until the point of technological feasibility.
Explanation:
The company should report the total research and development expense for the year ended December 31, Year 1, as the sum of the costs incurred up until the point of technological feasibility, which is after software coding was completed, and software testing completed. The coding cost (incurred by March 31, Year 1) is $200,000 and the testing cost (incurred by June 30, Year 1) is $100,000. The total R&D expense reported will be $300,000 because costs incurred after achieving technological feasibility such as producing product masters are capitalized rather than expensed. So, the costs for producing product masters ($125,000) incurred after July 31, Year 1, when technological feasibility was achieved, are not considered part of the R&D expense.
__________ is greater when the item is a luxury good rather than a necessity, when many substitutes are available, or when the purchase is a relatively big one. Place sensitivity Product sensitivity Promotion sensitivity Price sensitivity
Answer:
the correct answer is Price sensitivity
Explanation:
The price sensitivity refers to the amount that the demand will vary depending on a percentage change in the price of a commodity. If the elasticity is higher, then the demand will either increase or decrease in a much greater amount than the percentage change in the price and vice versa.
A supervisor in a large hardware store wants to encourage his older workers to seek out on-the-job training so they will keep themselves familiarized with new products. One way to do so is to build the sense of _______________ in these older workers.
Answer: Self-efficacy
Explanation:
Self-efficacy refers to an individual's confidence in performing the behaviors necessary to achieve the results. To develop self-efficacy, the person must work on itself and this is achieved by preparing itself in the area required to be able to fulfill the tasks assigned. There is also confidence, a person who has the knowledge to solve something but who feels that he cannot do it will contribute to not doing what is expected.
A person's perception of himself influences every aspect of his life. How he carries out his activities and how he relates to others is part of this. In many companies, they try to motivate their employees so that they can be able to further develop their potential, which will lead to a better job.
The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up ________ of the US gross national product.
The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up 3-30% of the US gross national product.
Explanation:
Household production refers to goods and services people produce for themselves.
Underground economy refers to buying and selling of goods and services that are concealed from the government to avoid taxes or regulations or because the goods and services are illegal.
If you know how much the economy works for a brief time, it doesn't matter.
If one knows how goods and services are produced for a decade or further, it might be more important to omit domestic production and development in the underground economy.
The following costs were incurred in May: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $33,000 $13,000 $ 23,000 $16,000 $34,000 Prime costs during the month totaled: $36,000 $46,000 оооо $69,000 $119,000
Prime costs include direct materials and direct labor. The prime costs for May is: B. $46,000
In May, the incurred costs comprise direct materials, direct labor, manufacturing overhead, selling expenses, and administrative expenses. Prime costs specifically represent the direct costs directly associated with the production of goods, excluding indirect costs like overhead and selling/administrative expenses. The prime costs formula is the sum of direct materials and direct labor.
In this case, the direct materials amount to $33,000, and direct labor costs are $13,000.
[tex]Prime Costs $=$ Direct Materials + Direct Labor$$\\\\\text { Prime Costs }=\$ 33,000+\$ 13,000=\$ 46,000$$[/tex]
By adding these, the prime costs for May total $46,000. Prime costs are a crucial metric in assessing the direct production expenses a company incurs, providing insights into the core expenditures associated with manufacturing. The other costs mentioned, manufacturing overhead, selling expenses, and administrative expenses, are not considered part of prime costs, as they are indirect or not directly tied to the production process.
Complete Question:
Final answer:
Prime costs are calculated by adding direct materials ($33,000) and direct labor ($13,000), resulting in a total of $46,000 for the month of May.
Explanation:
The question pertains to the calculation of prime costs in a manufacturing setting. Prime costs are the sum of direct materials and direct labor, which are the essential costs directly involved in manufacturing a product. According to the given data, direct materials cost $33,000 and direct labor cost $13,000 for the month of May. Therefore, to calculate prime costs, we add these two amounts together.
Prime costs = Direct materials + Direct labor
Prime costs = $33,000 + $13,000
Prime costs = $46,000
So, the prime costs during the month totaled $46,000.
At work, Jenna always volunteers to help others on their projects. But, she really resents the extra work and constantly complains to her friends that she is doing everyone else’s job. Jenna is not _____; she needs to be more self-aware of what she takes on.
Answer:
Authentic
Explanation:
Authentic bid being fully and exactly what something or someone is claimed to be. Jenna is not being authentic being that she picks up the works herself and still go to the back to complain about the same Xtra work she's putting in. Trying to make people see you as helping others while you go behind their back to complain is zero authenticity.
Which situation indicates a net loss within the Income Statement section of the worksheet? A. Total debits exceed total credits B. Total credits exceed total debits C. Total debits equal total credits D. None of the above
Answer:
A. Total debits exceed total credits
Explanation:
The income statement shows the revenue/income generated and expenses incurred by a business over a given period of time.
Whilst revenue/income are recognized as credit entries, expenses are recognized as debits.
Where the total expenses is higher than the total sales, the company is said to have made a loss, otherwise, a profit.
Hence a net loss is when Total debits exceed total credits.
Anita Job is the new Treasury Secretary and she is trying to interpret the inflation measures for two consecutive years. In Year 1, the aggregate price level increased by 8% and in Year 2, the aggregate price level increased by 5%. What term describes the change in the price level from Year 1 to Year 2? a. disinflation b. conflation c. deflation
Answer:
The correct answer is A. Disinflation.
Explanation:
The disinflation process consists in subjecting the economy, for a certain period of time, to a cooling process by applying a policy of contractive demand in order to bend inflationary pressures.
A matter of enormous interest in economic policy is related to the fact that once certain factors have caused price rises and inflationary expectations have been generated, their reduction may imply high costs in terms of production and employment, as evidenced by the experience itself European or the deflation carried out in the United States in the first half of the 80s. That is to say, that once caused the increase in inflation, economic policy, and monetary policy in particular, it faces the need to compare the costs derived from disinflation, with the expected long-term benefits of the lower inflation rate. Tobin (1987), for example, expressed this idea by stating that "the central question is whether social investment in sufficient unemployment for sufficient time to reduce inflation is subsequently compensated by the real advantages of permanently lower inflation."
One of the core problems that created the financial meltdown of 2008 was that large loans were made to individuals who could not repay them, and the finance companies purchased these bad debts without realizing how poor the prospects of repayment were. Which of the following decision-making errors was made by the lenders and borrowers?
A) hindsight bias
B) availability bias
C) overconfidence bias
D) confirmation bias
E) anchoring bias
Answer:
The correct option is C
Explanation:
Overconfidence bias is a tendency to hold a misleading assessment of our skills, intellect or talent.
At the end of the previous year, a customer owed Chocolates R US $500. On January 31 of the current year, the customer paid $900 total, which included the $500 owed plus $400 owed for the current month of January. What would be the journal entry on January 31 that reflects this? (Check all that apply.)
Answer:
Explanation:
At the end of the previous year, a customer owed Chocolates R US $500. On January 31 of the current year, the customer paid $900 total, which included the $500 owed plus $400 owed for the current month of January. What would be the journal entry on January 31 that reflects this
Dr. Cash.........................900
Cr Purchases..........................400
Cr Accounts Receivables...500
Being settlement of Accounts receivable of $500 and a payment for current month purchase of $400
The $500 will be an accounts receivables at the end of the previous year while the $400 is current month purchase. Both of these accounts will be credited while cash will be debited to demonstrate the receipts
The Journal Entry on January 31 for Payment from the Customer :
Dr Cr
Cash $900
Accounts Receivable $500
Accounts Receivable $400
2.Journal Entry for Recognizing Revenue for January Sales:
Accounts Receivable $400
Sales Revenue $400
Based on the information provided, the journal entries would reflect the transaction on January 31:
1. To record the payment from the customer:
Debit: Accounts Receivable
Credit: Cash
2. To recognize the revenue for the current month's sales:
Debit: Accounts Receivable (to reduce the amount owed for the current month's sales)
Credit: Sales Revenue
So, the appropriate journal entries would be:
1. Journal Entry for Payment from the Customer:
Debit: Cash ($900)
Credit: Accounts Receivable ($500)
Credit: Accounts Receivable ($400)
2.Journal Entry for Recognizing Revenue for January Sales:
Debit: Accounts Receivable ($400)
Credit: Sales Revenue ($400)
To know more about Journal Entry:
https://brainly.com/question/33762471
#SPJ3
The money supply equals Group of answer choices a. monetary base plus money multiplier. b. monetary base divided by money multiplier. c. money multiplier divided by monetary base. d. money multiplier multiplied by monetary base.
Answer:
money multiplier multiplied by monetary base
Explanation:
The money supply equals money multiplier multiplied by monetary base
Money supply is the quantity of money available in an economy for immediate use. It equals the currency held by public plus demand deposits at banks and
Monetary base is the sum of total currency in circulation and the amount held by banks as reserves.
A one-dollar increase in the monetary base causes the money supply to increase by more than one dollar. The increase in the money supply is the money multiplier.
Therefore Money supply is the monetary base multiplied by the money multiplier.