Answer:
The correct answer is letter "A": cost-based pricing strategy.
Explanation:
Cost-based pricing strategy is one of the most basic methods of setting the price of a product consisting only in determining the fixed price of the good or service at first and, after obtaining that amount, adding a percentage according to what the profits are expected. The selling price of the product becomes the sum of the fixed costs and the percentage of the fixed costs expressed un dollar amounts (or the currency that applies).
Answer:
Explanation:
The journal entry is shown below:
Truck A/c Dr $4,500
To Cash A/c $4,500
(Being the truck is replaced for cash)
Since the truck is replaced so we debited the truck account and credited the cash account so that the correct posting can be done.
The replacement cost increase its useful life which is capitalized so we also debited the truck account
Answer:
The correct answer is letter "E": Global marketing.
Explanation:
Global marketing refers to all the efforts a company males to promote its goods or services across its original borders. It allows firms to widen their possibilities of making more profits and reduces the risk of relying on domestic consumption only. Businesses with global marketing view tend to adapt their products to the different regions of operations or provide the most standardized version of their original good.
Answer:
Option (c) is correct.
Explanation:
The net impact in Cash flow statement (Cash flow financial activities will be:
= Amount received from issuing bonds + Amount received from issuing common stock + Paid for dividend
= $250,000 + $260,000 + $165,000
= $345,000
Note:
Long-term bond & issue of common stock are Cash inflow from financial operations.
Dividend paid is regarded as Cash outflow from financial operations.
