Juniper Co uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9750 of merchandise on August 7 with terms 1/10,n/30. On August 11, it returned $1500 worth of merchandise. On August 26 it paid the full amount due. The correct journal entry to record the merchandise return on August 11 is:.
A) Debit Merchandise Inventory $1500; Credit Sales Returns $1500 (chosen answer)
B) Debit Accounts Payable $1500; Credit Purchase Returns $1500
C) Debit Accounts Payable $1500; Credit Cash $1500
D) Debit Accounts Payable $1500; Credit Merchandise Inventory $1500
E) Debit Merchandise Inventory $1500; Credit Cash $1500

Suppose that real interest rates increase across europe. this development will u. s. net capital outflow at all u. s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share