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The common Trade Discount Term 2/10, n/30 means: 2% discount if paid within 10 days, full amount due in 30 days. ... Which is a TRUE statement about the income statement approach of accounting for uncollectible accounts? this approach is less time consuming than the balance sheet approach.

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Net sales is equal to total sales revenue plus sales returns and allowances and sales discounts. FALSE If a company normally sells merchandise for $5,000, but allows a $200 trade discount, then the company would state that its revenue on this transaction was $4,800.

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79. (Scenario 10-3) The Taylor ad focuses on the time it takes to produce a quality guitar. Based on the functions and strengths of USP, the ad would not have been as effective if the: a. visual was less eye-appealing. b. copy attempted to address four or five desirable attributes. c. visual was a drawing rather than a photograph.

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Mobile coupons ____. ... A certificate authority is an attachment to an e-mail message or data embedded in a Web site that verifies the identity of a sender or a Web site. True/False. ... Data mapping is the examination of each data item required for a new ERP system and determining the number of bytes required for data storage. True/False. False.

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Business Finance Chapter 8 Flashcards | Quizlet

positive for discount rates below the IRR. equal to zero when the discount rate equals the IRR. negative for discount rates above the IRR. When calculating NVP, the present value of the nth cash flow is found by dividing the nth cash flow by 1 plus _____ rate raised to the nth power.

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In the past, it depended on ticket sales from these tours to maintain the upkeep of the plantation. However, once the recession hit, sales of tickets declined. The managers decided to open a non-profit winery to supplement ticket sales. Belle Meade grows grapes on ...

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In the past, it depended on ticket sales from these tours to maintain the upkeep of the plantation. However, once the recession hit, sales of tickets declined. The managers decided to open a non-profit winery to supplement ticket sales. Belle Meade grows grapes on ...

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Ch 16- Advertising, Public Relations, And Sales Promotion ...

The term that describes the phenomenon in which spending for advertising and sales promotion increases sales or market share up to a certain level but then produces diminishing returns is. a. advertising. Laelle Corp., a furniture manufacturing company, uses marketing efforts like paid television commercials and magazine inserts to publicize ...

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a. Paper vouchers are still required before the posting process is started. b. Transaction information may be held in a special module awaiting posting. c. General ledger accounts are updated as transactions are recorded in special journals. d. Authorization is required for each specific transaction.

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Girls' softball received a boost in their local market when the high school team won the state championship. Mac and Zach are seriously considering expanding their operation to include softball skill lessons for young girls. A. economic B. technological C. competitive D. sociocultural

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Module #12 Flashcards | Quizlet

Module #12 Study Guide Flashcards. Terms in this set (29) Exoskeleton. A body covering typically made of chitin, that provides support and protection. Molt. To shed an old outer covering so that it can be replaced with a new one. Thorax. The body region between the head and the abdomen.

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In the immediate environment, the first factor that affects the consumer is the firm itself. Successful marketing firms focus on satisfying the customer needs that match their core competencies.

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A tax added to marginal private cost so that MC + tax = MSC. It is found by tracing the point where there is efficient market equilibrium and down to the MC curve. Positive Externality: Knowledge.

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A pollution limit seeks an efficient outcome by placing a quantity limit on a polluting activity. If the quantity produced is limited to the efficient quantity, the price rises so that marginal benefit equals marginal social cost. But because price exceeds marginal private cost, MC, a producer surplus arises.

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A mother explained that she had just dropped her 3-year-old off at her own mother's so she could come in for the required examination for her new job. She excitedly shared her hopes that she would be able to afford a used car rather than having to ride a bus all the time.

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Base sales= the normal expected sales volume in the absence of any promotion. The statement "Brand A should receive 45% of promotion support because it generates 45% of category sales" is an example of: ... Category management was formally defined in the United States as the result of which joint industry project? ECR- efficient consumer response.

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Accounting Final Flashcards | Quizlet

A company using the perpetual inventory system purchased inventory worth $520,000 on account with credit terms of 2 /15, n/45. Defective inventory of $60,000 was returned 2 days later, and the accounts were appropriately adjusted. If the company paid the invoice 25 days later, the journal entry to record the payment would be _____.

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Part 2 Flashcards | Quizlet

Under the perpetual system, cash freight costs incurred by the buyer for the transporting of goods is recorded in which account? inventory When using a perpetual inventory system, why are discounts credited to Inventory?

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us government departments in order of creation each headed by a Secretary (attorney general heads the justice department) Each answer is written as "The...

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B. Action steps include: Research the competitive environment in the Courier Display the Marketing worksheet Enter decisions for Price, Promotion and Sales Budgets Observe the decision impact upon the computer's forecast Develop a worst case estimate for demand Enter your worst case estimate for in the sales forecast Save the decisions

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A. require that NAV consider the amount of discount or premium in the share value. B. calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding. C. may experience fluctuations in the number of shares outstanding on a daily basis. D. All of the above. E. Answers B and C only.

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T/F The discount or premium on a closed-end mutual fund can be as much as 25 percent. TRUE. T/F Trading in closed-end investment companies takes between investors in the open market. ... T/F As a general rule, the time to buy a closed-end mutual fund is when the fund's premium is approximately 5 percent higher than its past average.

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Start studying Finance Ch 11. Learn vocabulary, terms, and more with flashcards, games, and other study tools. ... Sum of the PVs of all cash inflows and outflows of a project: Rationale for the NPV Method. NPV = PV of inflows - Cost ... IRR is the discount rate that forces PV of inflows equal to cost, and the NPV = 0:

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a discounted cash flow method for evaluating capital budgeting projects; a discount rate that makes the present value of the cash inflows equal to the present value of the cash outflows; assumes the rate to be the actual internal rate of return

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On January 2, 2018, Schneider Company issues $100,000 of 6% bonds. Interest of $3,000 is payable semi-annually on June 30 and December 31. The bonds mature in 5 years. The bonds issued for $95,842 with an effective interest rate of 7%. Effective interest recognized on June 30, 2018 will be equal to...

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currency and pay in the other currency, converted to a common currency. B. sending a market order to a swap dealer. C. finding the sum of the present values of the payments streams that each party will receive in one currency and pay in the other currency, converted to a common currency...

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Find the present value of a 30-year bond that pays an annual coupon, has a coupon rate of 6%, a yield to maturity of 5%, a par value of €1,000 when the yield to maturity is 5%. A. €1,018.81 B. €1,027.23 C. €1,153.73 D. none of the above

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Sensitivity Analysis is designed to provide the decision maker with answers to these questions. ... S.D. NPV/E(NPV) Payback. how long it takes to recover the initial investment using the cash flows. NPV. discount all of the expected cash flows by the correct discount rate (cost of capital adjusted by the risk of the cash flow) and subtract the ...

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The cash discount term "2/10, net 30" means that: a. the invoice is dated February 10 and must be paid by February 30 b. the buyer can take a 10 percent discount if paid in 2 days c. the buyer must make a 2 percent down payment - with the balance due in 10 to 30 days

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MS 65 Flashcards | Quizlet

While assessing the skin of a 45-year-old, fair-skinned female client, the nurse notes a lesion on the medial aspect of her lower leg. It has irregular borders, with various shades of black and brown. The client states that the lesion itches occasionally and bled slightly a few weeks ago. She also reveals a ...

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