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NEW QUESTION: 1
Tradus buys a non-current asset on three months credit on 15 December 2012 for 90,000 Roubles. Rates are as follows:
DateRate
15 December 2012$1:10 Roubles
31 December 2012$1:9 Roubles
What are the journal entries to record the transaction at year end?
A. DrRetained earnings$1,000 CrIncome statement$1,000
B. DrIncome statement$1,000 CrPayable$1,000
C. DrReceivable$1,000 CrRetained earnings$1,000
D. DrPayable$1,000 CrIncome statement$1,000
Answer: B
NEW QUESTION: 2
If a school buys three computers at a, b, and c dollars each, and the school gets a discount of 90%, which expression would determine the average price paid by the school?
A. Option B
B. Option D
C. Option A
D. Option C
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The 90% discount is over all three items; therefore the total price is (a + b + c) x ꢀ0.9. The average is the
total price divided by the number of computers:
NEW QUESTION: 3
VapNat, an e-cigarette store, has experienced a steep decline in sales over the past six months, despite the economy in general performing well.
Which of the following are most likely to have contributed to such a decline?
Select ALL that apply.
A. Legal factors
B. Political factors
C. Environmental factors
D. Social factors
E. Economic factors
F. Tech nological factors
Answer: A,D,F
NEW QUESTION: 4
A customer has implemented MirrorView/A.
What determines the upper limits for MV/A performance?
A. Limited transfer rate
B. Primary storage ability to perform CoFW
C. Latency of a MV/A transfer
D. Secondary storage ability to perform CoFW
Answer: D