The total of the Bad Debt Expense is $90,000
In finances, a Bad Debt Expense refers to money a company could not collect and therefore became an expense as it negatively affects the company's financial situation. The most common causes of a bad debt expense are:
The customers could not pay due to economic hardships.The customers refused to pay.Moreover, the bad debt expense is calculated by determining how much money is uncollectable. Based on this, the total of bad debt expense in this company is $ 90,000 because this is the money considered as uncollectable.
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It is a rainy day, and you are considering taking an Uber one mile to meet some friends. You have decided you are willing to pay $20 to avoid getting wet from the rain. The trip would normally cost you $8, but due to the weather the surcharge is triple the regular cost. You should _____ because the benefit to you of taking the Uber is _____ than the cost.
Answer:
I would say A or B I think B sounds more logical but im not sure.
Explanation: I hope its right:)
5. Not being organized with your finances can
have no effect on your finances
cause you to lose track of your
money
lead to a disorganized house
none of the above
Answer:
The second option:cause you to lose track of your moneyExplanation:
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what is the single biggest benefit of interest groups to policy makers?
Answer:information
Explanation:
what is the money that remains after taxes and other deductions are taken out called?
Net income. The total amount of pay received is the gross income, while the net income is the remaining amount after taxes and deductions are removed.
Answer:
Discretionary income
Explanation:
what are the factors influencing consumer behavior economic factor
the slope of the demand curve for a monopoly firm is:
Answer:sorry man, don’t know
Explanation:
ramona decides to spend two hours taking a nap rather than attending her classes. her opportunity cost of napping is
ramona decides to spend two hours taking a nap rather than attending her classes. her opportunity cost of napping is The value of knowledge she would have received had she attended class.
What is opportunity cost?The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.
In economics, the word "opportunity cost" refers to the benefits that are forgone while selecting one course of action over another. It is, in essence, the worth of the path not traveled. Opportunity costs are simple to ignore, yet comprehending wasted possibilities is essential to making smarter business decisions.
Thus, The value of knowledge she would have received had she attended class.
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The complete question is given below-
Ramona decides to spend two hours taking a nap rather than attending her class. her opportunity cost of napping is __________. the value of the knowledge she would have received had she attended class the value of her nap minus the value of attending class the $24 she could have earned if she had worked at her job for those two hours nothing, since she valued sleep more than attendance at class.
UNIT 4 LAB
What must a country commit to in order to become a part of the Organization of Economic Cooperation?
How does one’s language force a person to think about time?
How does this difference in language relate to our propensity to save?
What experiments did Chen carry out to come up with these conclusions?
Did anything surprise you about this video? Why or why not?
1. What must country commit to in order to become a part of the Organization of Economic Cooperation?
- The affirmed common commitment of democracy, open markets, and free trade.
2. How does one’s language force a person to think about time?
- When you use different words in different tenses, it makes you think about the time these events took place, saying “I walked yesterday” is past tense but, “I’m walking” is present tense.
3. How does this difference in language relate to our propensity to save?
- Speaking futureless language, you will speak about time identically meaning you will feel as they are identical, it increases your propensity to save.
4. What experiments did Chen carry out to come up with these conclusions?
- Chen came up with knowledge of his own ideas to figure out the conclusion.
5. Did anything surprise you about this video? Why or why not?
- No. Everything made sense, everything had great conclusions talking about past, present, and future tenses.
How does one’s language force a person to think about time? that must a country commit to in order to become a part of the Organization of Economic Cooperation. The correct option is A.
What are the OECD guidelines?Governmental suggestions on ethical corporate behavior are contained in the OECD Guidelines for Multinational Enterprises (OECD Guidelines). The OECD Guidelines define expectations for ethical business behavior in relation to a number of topics, including the environment, labor rights, and human rights.
Essentially, there are two fundamental characteristics that nations must meet in order to join the OECD: democratic societies devoted to the rule of law and the preservation of human rights; and open, transparent, free-market economies.
Thus, the ideal selection is option A.
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what are the three main types of economic systems?
Answer:
command, market, and mixed
the foundational elements of supply chain management are; integration, supply management, logistics management, and operations management
Supply chain management is primarily composed of the following four components: distribution, operations, purchasing, and integration.
What is Supply chain management?At its most basic level, supply chain management is the control of the movement of materials, information, and money associated with a good or service from the acquisition of raw materials to the delivery of the good at the final location.
Agriculture, petrochemical reprocessing, design, manufacturing, packaging, and transportation are a few examples of supply chain operations.
Logistics are tracked by supply chain managers, who also update the company's inventory. They assess operational effectiveness and address problems. To guarantee that all activities such as shipping and delivery adhere to the highest standards of quality and safety, they also work closely with vendors and suppliers.
Thus, Supply chain management is primarily composed of the following four components.
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Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input to its manufacturing process. This is an example of
A. creating value by using related diversification to acquire market power by integrating vertically.
B. related diversification to acquire market power by pooling negotiating power.
C. related diversification to acquire economies of scope by integrating vertically to acquire market power.
D. related diversification to acquire economies of scope by leveraging core competencies.
It is an example of creating value by using related diversification to acquire market power by integrating vertically.
Market power can be defined as the degree to which a company can influence the prices of its goods and services. The larger the concentration of a firm in an industry, the higher its market power. For example, if the a firm constitutes 75% of an industry, its market power would be higher than that of a firm that constitutes 10% of an industry.
Vertical integration is when a firm expands its production capabilities by undertaking production of goods on its supply chain. An example is when the carpet manufacturer begins to produce its raw materials instead of buying it from third parties.
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Tamika has $2,000 she wants to save. She has two options:
• She could save at a bank for 3 years with a fixed simple interest rate of 9%.
• She could save at a credit union for 3 years with an 8.8% fixed interest rate compounded annually.
Which answer correctly compares the total return Tamika would receive with the simple interest from the bank and the compounded interest from the credit union?
The total return would earn if she deposits at the banks where she would earn a simple interest is $2540 . While the total return she would earn from the bank where she earns a compound interest is $2,575.83.
The total return of Tamika if she deposits at the bank where she would earn a simple interest can be determined using this formula:
Amount = P + [P x r x n]
Where:
P = amount deposited
r = interest rate
n = number of years
2000 + [2000 x 0.09 x 3] =
2000 + 540
= $2540
The total return of Tamika if she deposits at the bank where she would earn a compound interest can be determined using this formula:
Amount = P (1 + r)^n
$2000 x (1.088)^3 = $2,575.83
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Answer:
After 3 years, Tamika would receive $540 in simple interest from the bank or $575.83 in compound interest from the credit union!!!!!!
The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.
Answer: See Image Below
The adjusting entries for Skysong, Inc. for March is prepared from the given selected accounts before adjusting entries have been prepared.
What are adjusting entries?Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.
The adjusting entries are as follows:-
No. Date Account Tiles and Explanation Debit Credit
1. March 31 Depreciation expense 756
Accumulated Depreciation expense 756
2. March 31 Unearned Rent revenue 5580
Rent revenue 5580
3. March 31 Interest Expense 360
Interest payable 360
4. March 31 Supplies Expense 1935
Supplies 1935
5. March 31 Insurance Expense 1080
Prepaid Insurance 1080
Therefore, the adjusting entries are prepared on March 31.
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Winters Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Winters' ledger showed Cash of $8,000 and Common Stock of $8,000.
May 1 Purchased merchandise on account from Black Wholesale Supply for $7,100, terms 1/10, n/30.
May 2 Sold merchandise on account for $4,000, terms 2/10, n/30. The cost of the merchandise sold was $3,000.
May 5 Received credit from Black Wholesale Supply for merchandise returned $300.
May 9 Received collections in full, less discounts, from customers billed on May 2.
May 10 Paid Black Wholesale Supply in full, less discount.
May 11 Purchased supplies for cash $900.
May 12 Purchased merchandise for cash $3,100.
May 15 Received $230 refund for return of poor-quality merchandise from the supplier on cash purchase.
May 17 Purchased merchandise from Wilhelm Distributors for $2,000, terms 2/10, n/30.
May 19 Paid freight on May 17 purchase $250.
May 24 Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100.
May 25 Purchased merchandise from Clasps Inc. for $800, terms 3/10, n/30.
May 27 Paid Wilhelm Distributors in full, less discount.
May 29 Made refunds to cash customers for returned merchandise $125. The returned merchandise had cost $90.
May 31 Sold merchandise on account for $1,280, terms n/30. The cost of the merchandise sold was $830.
Required:
Journalize the transactions using a perpetual inventory system.
If Winters Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Winters' ledger showed Cash of $8,000 and Common Stock of $8,000. The appropriate journal entries for the transactions using a perpetual inventory system will be:
Winters Hardware Store Journal entries
May 1
Debit Merchandise inventory $7,100
Credit Accounts Payable $7,100
May 2
Debit Accounts Receivable $4,000
Credit Sales $4,000
Debit Cost of goods Sold $3,000
Credit Merchandise inventory $3,000
May 5
Debit Accounts Payable $300
Credit Merchandise inventory $300
May 9
Debit Cash $3,920
(98%×$4,000)
Debit Sales Discount $80
(2%×$4,000)
Credit Accounts Receivable $4,000
May 10
Debit Accounts Payable $6,800
($7,100-$300)
Credit Merchandise inventory $68
(1%×$6,800)
Credit Cash $6,732
(99%×$6,800)
May 11
Debit Supplies $900
Credit Cash $900
May 12
Debit Merchandise inventory $3,100
Credit Cash $3,100
May 15
Debit Cash $230
Credit Merchandise inventory $230
May 17
Debit Merchandise inventory $2,000
Credit Accounts Payable $2,000
May 19
Debit Merchandise inventory $250
Credit Cash $250
May 24
Debit Cash $5,500
Credit Sales $5,500
Debit Cost of goods Sold $4,100
Credit Merchandise inventory $4,100
May 25
Debit Merchandise inventory $800
Credit Accounts Payable $800
May 27
Debit Accounts Payable $2,000
Credit Merchandise inventory $40
(2%×$2,000)
Credit Cash $1,960
(98%×$2,000)
May 29
Debit Sales Returns and Allowances $125
Credit Cash $125
Debit Merchandise inventory $90
Credit Cost of goods Sold $90
May 31
Debit Accounts Receivable $1,280
Credit Sales $1,280
Debit Cost of goods Sold $830
Credit Merchandise inventory $830
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Which of the following is an example of a pricing objective?
A. Minimize cost
B. Minimize profit
C. Maximize profit
D. Minimize the product life cycle
Answer:
leter d.
Explanation:
because it is can pricing object and it can ♻ sana makatulong ito
What does Rose argue should be the last part of a presentation to the VEnture capitalist?
Answer:
Rose argues that the last part of a presentation should wrap it up and give the final pitch. One should highlight the crucial points as to why a Venture Capitalist would want to invest in your business,
Explanation:
there are not enough goods and services to meet the wants of the population
Answer:
Explanation:
The fact that limited amounts of goods and services are available to meet unlimited wants is called scarcity. ... Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.
When selecting your asset allocation for your portfolio the author suggests stronglt considering your "risk tolerance" and "how much effort you are willing to apply."
True or False ???
Answer:
True
Explanation:
It's important to find an investment that will work for your needs. If an investment is too risky for your comfort levels, you may be tempted to pull out before a payoff.
If an investment requires too much effort, or maintenance and attention, you might not be able to upkeep it and end up having to abandon it.
Evaluating employee performance helps with all of the following EXCEPT which of the
following?
A. Transfers
B. Sick leave
C. Layoffs
D. Promotions
Answer:
Sick Leave - C
Explanation:
Evaluating performance helps determine whether to promote, transfer or layoff but it does not determine whether or not an employee can use sick leave. You can lower an evaluation based upon performance and abuse of sick leave. If an employee is frequently absent without an excuse, then their performance and work tasks will suffer. This allows a manager to lower a performance rating.
How do I stop procrastinating
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tennis team goes through a dozen tennis balls every week (on average). If they want to always have at least a week's supply on hand, and it takes a week to get more tennis balls, how low can their supply get before they should reorder?
Answer:
Like 4 days into the week so they can have it for the next week.
Explanation:
Answer: 24 supplies
Explanation:
12x1 week
12x1 safe week suplies
12x2 = 24
Interdependence results from:
Answer:
promotive interactionExplanation:
Positive interdependence (cooperation) results in promotive interaction where individuals encourage and facilitate teammates' efforts to complete the task. Negative interdependence (competition) encourages contrient interaction where team members work to oppose or block the success of others on their team while working to further their own, individual goals.
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Pls help me finish this ASAP it’s due today at 3
Answer:
1. Here is Mrs. Moon’s first design. are the sandboxes.
Use a centimeter ruler and a protractor to find and compare the following measurements. Measure distances to the nearest tenth of a centimeter and angles to the nearest degree.
(a)
(b)
(c)
(d)
Explanation:
1. Here is Mrs. Moon’s first design. are the sandboxes.
What is the gross income for a real estate agent in 2021?
Answer:
It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.
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a purchased intangible is valued at its original cost. original cost for acquiring a patent would include:
Answer: Legal costs to acquire, Required filing fees, Purchase price
Explanation:
Which of the following is a unique quality of conventions?
They are limited in their ability to directly impact the local economy because they are very brief.
They are often promoted by nonprofit, city-based organizations to bring people to the area.
They impact the industry through both spectator and participant travel needs across all travel sectors.
They take place in a variety of different types of venues, from hotels to museums to even city streets.
The unique quality of conventions is that they impact the industry through both spectator and participant travel needs across all travel sectors.
A convention is a term to refer to a type of event that is characterized by:
It can be public or private.Its main objective is to gather people around an object, thought, idea, trend, among others to offer it to the public.There are 4 main types of conventions which are:
Business convention: Focused on establishing sales and purchases between companies and individuals.Coexistence: Focused on the interaction of a group of people.Charity Convention: Focused on raising funds to promote a non-profit motive.International Convention: Focused on the international public for different purposes such as business, charitable causes, or interaction of people.
According to the above, it can be inferred that the conventions impact the tourism industry because attendees and participants must:
Travel (can be air or land) to attend the convention site (transportation).They must stay in a hotel to stay the number of days that the convention lasts.They must feed for what they contribute to the local economy by eating at local restaurantsThey must travel around the city where the convention is held, so they generally hire a companion or guide to give them a reference on the important places in the city.So, the correct answer is C. because it mentions the unique quality that conventions have about society.
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Answer:
The correct answer on FLVS is B, They are often promoted by nonprofit, city-based organizations to bring people to the area.
Explanation:
In a city with rent-controlled apartments, all of the following are true except A. it usually takes more time to find an apartment than it would without rent control. B. apartments are often in shorter supply than they would be without rent control. C. apartments usually rent for rates lower than the market rate. D. landlords have an incentive to rent more apartments than they would without rent control.
In a city with rent-controlled apartments, landlords do not have an incentive to rent more apartments than they would without rent control.
Rent control is a form of price ceiling. A price ceiling is when the government or an agency of the government determines the maximum price of a good or service. A price ceiling is considered to be binding if it is below equilibrium price and it is considered non-binding if it is above equilibrium price.
Consequences of rent-controlled apartments
There would be shortages of apartments as demand would exceed supply. it leads to the development of black markets It reduces the price consumers pay for an apartment. This increases consumer surplus
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Jeremy has a dispute with a local tree removal company. After a big storm had come through the area, Jeremy had to hire the company to remove a big tree. The two parties had agreed to the price of $1,500. However, the company never finished the job. The company left when the tree was only half removed. Jeremy and his dad finished the rest of the removal two weeks later. Jeremy does not think he owes the tree removal company anything. The tree removal company however wants to be paid. Jeremy offers them $500 in settlement of their dispute. The tree company accepts. This agreement can best be described under contract law as ______________________.
Answer:
The answer is an accord and satisfaction. :)
Explanation:
Let me know if there is anything else that you would need help with!
Jeremy offers them $500 in settlement of their dispute. The tree company accepts. This agreement can be best described under contract law as an accord and satisfaction.
What is a contract?The contract simply means a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting.
If one of the parties fails to keep the promise, the other is entitled to legal redress. The law of contracts considers such questions as whether a contract exists, what its meaning of it is, whether a contract has been broken, and what compensation is due to the injured party. Contract law is the product of a business civilization. It will not be found, to any significant degree, in noncommercial societies.
Most primitive societies have other ways of enforcing the commitments of individuals; for example, through ties of kinship or by the authority of religion.
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Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to compete with Burger King. The contract spans eight months. Burger Boy promises to pay $45,000 at the end of each month. At the end of the contract, Velocity either will give Burger Boy a refund of $15,000 or will be entitled to an additional $15,000 bonus, depending on whether sales at Burger Boy at year-end have increased to a target level. At the inception of the contract, Velocity estimates an 80% chance that it will earn the $15,000 bonus and calculates the contract price based on the expected value of future payments to be received. At the start of the fifth month, circumstances change, and Velocity revises to 60% its estimate of the probability that it will earn the bonus. At the end of the contract, Velocity receives the additional consideration of $15,000.
Answer:
B
Explanation:
A product starts marking profit after reaching the
A. growth stage of the product life cycle
B. break-even point
C. price ceiling
D.mass market