User Account

All Pages

Prepare the journal to enter in Orange books

Assignment Help Accounting Basics
Reference no: EM132477881

Question - Orange Inc. offers a coupon for 50% off a new watch when a customer buys its new oPhone. The market price for the oPhone is $600.

The watch usually retails for $200, and Orange anticipates 25% of customers will use the coupon to purchase a new watch next month.

1. What is the total stand-alone selling price for: the oPhone? and the coupon?

2. Prepare the journal to enter in Orange's books when a customer purchases this package (one coupon with one oPhone) for $600. (Assume a cash sale; ignore the entry for cost of goods sold.).

Reference no: EM132477881

Questions Cloud

How the service adequately address needs of the community : Describe the effect of extremely low birth weight babies on the family and community. Consider short-term and long-term impacts, socioeconomic implications.
Current value of a single share of spacefood : What will be the current value of a single share of Spacefood's stock if the firm's equity cost of capital is 12%?
Business report assignment : Business Report assignment, you are required to collect primary research data through the use of an online survey. The target demographic for your survey are yo
What is portfolio return : Year-to-date, Conglomco has earned a -1.64 percent return, Supercorp has earned a 5.69 percent return, and Megaorg has earned a 0.23 percent return.
Prepare the journal to enter in Orange books : Orange Inc. offers a coupon for 50% off a new watch when a customer buys its new oPhone. Prepare the journal to enter in Orange books
How might use sociological knowledge : discuss how you could understand the sweeping political changes that have taken place and are currently taking place since the election of President
How research design use to drive change in nursing practices : Describe quantitative research designs that are used to support changes in nursing practice. Choose one and explain why you chose it. Give an example of how.
Calculate the coefficient of variation : Calculate the coefficient of variation for the following three stocks. Then rank them by their level of total risk, from highest to lowest:
What is the expected total transaction price : The total costs of the project are expected to be $1,200,000, and the costs to date (at the end of 2016) are $400,000. What is expected total transaction price

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd