Prepare journal entries to record each of the following sales transactions of a merchandising company The company uses a perpetual inventory system and the gross method Apr. 1 Sold merchandise for $3,800, with credit terms n/30; invoice dated
April 1. The cost of the merchandise is $2,280 Apr& Sold merchandise for $1,400, with credit terms of 1/10, n/30; invoice dated
April 8.Cost of the merchandise is $980 Thustoner ln the 4orii 1 sale returned 546 of erchandise for full credit. The serchandise, which had cost 5276, is returned to inventory
Apr. 11 Received payment for the amount due from the Apri1

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.

Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.

An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to: