Use this information to answer the following question. Chupka Company experienced the following events during the period: 1 . A tabulation of invoices at the end of the day showed $800 in MasterCard invoices, which were deposited in a bank account at full value less a 5 percent discount. 2 . Made a sale on American Express card for $400 and mailed invoice to American Express for payment. The
discount charged by American Express is 4 percent. The entry to record transaction 2 would include a(n)
a. increase in Accounts Receivable for $400.
b. increase in Sales for $400.
c. decrease in Credit Card Expense for $16.
d. decrease in Cash for $384.
B
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A. Diversity planning B. MBO C. Planning and strategic management D. An effective synergy policy E. A strong value system
Credit risk means the same thing as
A. withdrawal risk. B. default risk. C. interest-rate risk. D. foreign-exchange risk.
________ marketing generates excitement, creates publicity, and conveys new relevant brand-related information through unexpected or even outrageous means
A) Live-in B) Buzz C) Viral D) Guerrilla E) Experimental
Pure bundling occurs when a firm offers goods both individually and in bundles
Indicate whether the statement is true or false