Answer:
its lower gross profit under the LIFO then the methode FIFO
Explanation:
Leo Co. uses the allowance method to account for bad debts. At the end of the year, Leo Co.'s accounts receivable balance is $25,000; allowance for doubtful accounts balance of $100 (credit); and sales of $500,000. Based on history, Leo estimates that bad debts will be 2% of accounts receivable. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:
The bad debts expense for the year to be debited will be $600.
Adjusted balance of the Allowance for Doubtful Accounts = Accounts receivable * 2%
Adjusted balance of the Allowance for Doubtful Accounts = $25,000 x 2%
Adjusted balance of the Allowance for Doubtful Accounts = $500
Unadjusted balance of the Allowance for Doubtful Accounts = $100
Amount of bad debt expenses = Adjusted balance of the Allowance for Doubtful Accounts + Unadjusted balance of the Allowance for Doubtful Accounts
Amount of bad debt expenses = $500 + $100
Amount of bad debt expenses = $600
Therefore, the bad debts expense for the year to be debited will be $600.
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Answer:$400
Explanation:
when does the right to enforce patent protection begin
dallas buys strawberries, and he would be willing to pay more than he now pays. suppose that dallas has a change in his tastes such that he values strawberries more than before. if the market price is the same as before, then:
Answer:
the correct answer is b. Dallas's consumer surplus would increase
Explanation:
Dallas buys strawberries, and he would be willing to pay more than he now pays. He has a change in his tastes such that he values strawberries more than before. If the market price is the same as before, then Dallas's consumer surplus would increase.
Which account will have the highest annual percentage yield (APY)?
A. One that is compounded yearly.
B. One with simple interest that is calculated monthly.
C. One with simple interest that is calculated yearly.
D. One that is compounded monthly.
The account that will have the highest annual percentage yield (APY) is the "One that is compounded monthly."
This is because, generally, the compound interest account earns more money than a simple interest account.
This is because, in a compound interest account, you not only earn interest on your original money, you also earn interest on the profit you earned or accumulated.
Hence, given that the regular or frequently your money and profits increase or compound, the higher your whole account would increase at the end of the year.
Therefore, in this case, it is concluded that the account compounded monthly will have the highest annual percentage yield (APY) because the whole money is multiplied frequently or monthly.
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Which situation best illustrates the economic concept of opportunity cost?
A. A business has to change its production methods to meet
environmental regulations.
B. A business hires a new programmer, so it can't afford to hire a new
salesperson.
C. A business decides to expand by borrowing a lot of money from
an investor
D. A business opens branches overseas, so it has to hire more
multilingual staff
In today's global market, opportunity cost is when a company hires a new coder but cannot afford to engage a new salesperson. Therefore, option B is correct.
What is an opportunity cost?When a decision must be made between numerous mutually exclusive options due to limited resources, the opportunity cost of that decision is the value of the best alternative forgone.
Opportunity cost follows directly from the shortage. While determining how to spend their money and time, people must make decisions from various options.
The potential benefits that a person, investor, or business forgoes while choosing between two possibilities are known as opportunity costs. Opportunity costs are easily disregarded because they are by nature invisible.
Opportunity cost is the difference between the value of a different option and the value of the selected one. Opportunity cost is a notion used in decision-making to assist people and organisations in making better decisions, primarily by considering alternatives.
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when an allocation of resources maximizes total surplus, the result is said to be efficient.
It is True that when an allocation of resources maximizes total surplus, the result is said to be efficient.
This is based on the governmental policies indicators, which state that the equilibrium of supply and demand maximizes total surplus.
This is because, at the equilibrium of supply and demand, the output point is deemed efficient.
This situation is because there is no other price and quantity combination that can lead to a higher level of total surplus.
Hence, in this case, it is concluded that the statement above is True.
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what is the searching of trade?
Answer:
shares are traded on a stock exchange
Which loan should Eric choose? Why? Explain your reasoning in a complete paragraph, using at least three supporting details. (10 points)
The loan that should be chosen is the one that will yield the lowest return.
This is an incomplete question, therefore, an overview of a loan will be given. A loan simply means the lending of money to people or an organization. It should be noted that the recipient of a loan incurs a debt.
When comparing the different types of loans, it's important to choose the shortest loan term that is available. This is because one will pay a lower overall level of interest. It's also important to consider the annual yield return.
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True or False:
when determining the price elasticity ratio for a good, one should include the direction of change (ie. -5% is different than 5%).
the equipment and structures available to produce goods and services are called
Answer:
physical capital (c)
Explanation:
beep boop
as the attrition loss in a process increases, what happens to the yield?
Answer:
The yield decreases
Explanation:
By the end of the nineteenth century, the United States banking system transitioned from
By the end of the nineteenth century, the United States banking system transitioned from bimettalism to flat greenback currency.
Bimetallism involves the use of gold and silver as a form of legal tender. The worth of the quantity of the gold and silver is usually presented as a form of exchange to buy the equivalent of the goods and services.
The change was done close to the civil war and this helped to stabilize the economy as the silver coinage was exempted thereby giving rise to displeasure of people who had Silver. The aim of this change was achieved as inflation was stopped.
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Which statement best describes the relationship between inflation and
savings?
A. As savings grow faster than inflation, the savings will buy less.
B. As inflation increases faster than savings, the savings are worth
less.
O C. As savings grow slower than inflation, the savings will buy more.
D. As inflation decreases faster than savings, the savings are worth
more.
Answer:
B. AS savings grow fast than inflation, the savings the savings are worth less.
Explanation:
This is because Over time, inflation can reduce the value of your savings, because prices typically go up in the future. This is most noticeable with cash. If you keep $10,000 under your bed, that money may not be able to buy as much 20 years into the future.
The statement that best describes the relationship between inflation and savings is that: As inflation increases faster than savings, the savings are worthless.
What is Inflation?Inflation can be defined as a decrease in the purchasing power of money that is reflected in a general increase in the prices of goods and services in an economy.
The relationship between inflation and savings can be described as a point where inflation increases faster than savings, the savings would be worthless.
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company can make. This is also known as a(n):
A
Product A
oo
ов
39
65
Product B
A. production possibilities curve.
a
O
O
B. opportunity cost graph.
C. projected annual growth plan.
O
O
D. capital investment model.
SUBMIT
This graph shows the relationship between the amount of two products a company can make. This is also known as a production possibilities curve. The correct option is (C).
What do you mean by the production possibilities curve?The line known as the production possibilities curve (PPC) illustrates all the possible output combos that can be created using the available resources and technology.
A production options curve depicts different pairings of two products that can be made using the available resources.
The four factors of production—natural resources (including territory), labor, capital products, and entrepreneurship—combine to make up the input.
When resources are allocated to producing more of one good and less of another, the points on the graph represent how much of each good will be created.
Therefore, this graph depicts the link between the quantity of two items that a firm may produce. This is often referred to as a production possibility curve.
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This is an incomplete question the complete question is:
This graph shows the relationship between the amount of two products a company can make. This is also known as a(n):
A. project annual growth plan.
B. opportunity cost graph.
C. production possibilities curve.
D. capital investment model
Karen is the next employee scheduled to attend 3 weeks of training in another state. Her employer knows the training will disrupt Karen's family life. The employer arranges cell phone service and Internet access for Karen to communicate daily with her family while she is away. Other coworkers tell Karen how useful the training has been, and that the time away goes quickly. By supporting Karen, the coworkers and the employer are improving Karen's _______ to learn.
By supporting Karen, co-workers and the employer are improving Karem's willingness to learn during her training, which is positive behavior that encourages and motivates the employee.
Training helps in the development of employees, makes them more motivated, creative and consequently productive, which is an essential advantage for companies to remain competitive and profitable.
Team behaviors also demonstrate an organizational culture favorable to collaboration, understanding and the development of employee skills and competencies.
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maritime industries is a federal contractor that makes navigation equipment for naval ships. maritime industries rarely focuses on the external environment and is very rigid due to the structured contracts that drive most of its business. because the products maritime industries sells need little improvement and there is virtually no competition, maritime industries takes few risks. maritime industries is an example of an adhocracy culture.
Maritime industry is said to be rigid, they take few risks, they have structured contracts so the type of culture here would be the hierarchy culture.
There are 4 types of business culture. These are the:
Clan cultureAdhocracy cultureMarket culture The hierarchy culture.The answer here is concerned with the hierarchy culture because this system is traditionally structured. What this means is that they are rigid and have a set way of doing things.
This is what makes them risk averse. It creates room for very little creativity and and they are very slow to making improvements or following changes in the marketplace.
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3
Tina wants to purchase new pair of shoes for 95$ and a jacket for 100$.
She has a credit card to use. What are her alternatives? *
O jacket and 100$
O shoes and jacket
credit card and 100$
none of the above
None of the options shows an alternative Tina has, a real alternative would be a credit card and cash ($190)
In economics, an alternative is an element that replaces or substitutes another. For an element to be considered an alternative it needs:
To belong to the same category or have the same function.To be possible for the user to replace the first element using the alternative.Based on this, let's analyze each of the options:
Jacket and $100: These are not alternatives because Tina wants a jacket and this product cannot be replaced with money as money will not protect Tina from cold weather.Shoes and a jacket: These are not alternatives because Tina wants the two products not only one.Credit card and $100: These would be alternatives if the total cost was $100. However, using a credit card Tina can pay for both products but using $100 she can only pay for one of the products.Therefore, the options do not present alternatives; but one valid alternative is a credit card and $190.
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________ processes span an organization and support activities in multiple departments.
Answer:
Enterprise processes span an organization and support activities in multiple departments.
individuals in different segments should have ______ within the segment and ______ across the segments.
Answer:
similarities; differences Is correct answer
Explanation:
individuals in different segments should have similarities within the segment and differences across the segments.
(Hope this helps can I pls have brainlist (crown)☺️)
List 4 stakeholders
Answer:
Employees,Governments,Local communities,customer
higgins enterprises is accepting notes receivable from four customers for $18,000 each. which customer will end up paying the least in interest, assuming all individuals pay in full on the maturity date?
Answer:
328.5
Explanation:
18000*annual interest rate*days/360
18000*7.3%*90/360 = 328.5
Based on the amount accepted as notes receivables and the interest rates, the individual that will pay the least interest is Individual 3.
Individual 1: Individual 2:
= Amount x Interest x Period / year = 18,000 x 5.98% x 1 year
= 18,000 x 6.75% x 4/12 months = $1,076.40
= $405
Individual 3: Individual 4:
= 18,000 x 7.3% x 90/365 days = 18,000 x 7.15% x 8/12 months
= $324 = $858
In conclusion, Individual 3 will pay the least interest.
The customers in question are:
A. Individual 1 has an annual interest rate of 6.75% and a maturity date of four months.
B Individual 2 has an annual interest rate of 5.98% and a maturity date of one year.
C Individual 3 has an annual interest rate of 7.3% and a maturity date of 90 days.
D. Individual 4 has an annual interest rate of 7.15% and a maturity date of eight months.
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when the federal reserve conducts open-market operations to increase the money supply, it
When the federal reserve conducts open-market operations to increase the money supply, it buys or sells government bonds. The money supply increases when buys bonds and decreases when sells bonds.
An open market operation is an example of monetary policy. Monetary policy are the policies undertaken by a country's central bank in order to affect the level of aggregate demand in the economy.
An open market operation is the sale or purchase of government bonds. When the Fed sells bonds, its is known as an expansionary monetary policy because it increases the supply of money in the economy. On the other hand, when the Fed buys bonds, it is known as a contractionary monetary policy because it decreases the supply of money in the economy.
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A company's ____________ is the percentage of the total target market for the product that belongs to the company.
__________________________
→ A.Market saturation
→ B.Market share
→ C.Brand image
→ D.Market information
_________________________
THANKS!
-----------------------------------------------
Answer:
Market Share
Explanation:
Market share is the percentage of total output/revenueA company's Market Share is the percentage of the total target market for the product that belongs to the company.Answer:
A company's market share is the percentage of the total target market for the product that belongs to the company.
which country in the world consumes the most coca-cola per capita?
Answer:
Mexico
Explanation:
Mexico.
of the 4 companies listed below, which company is more likely to use specific identification to value its inventory and cost of goods sold?
The question did not supply the four listed companies.
However, the companies that usually use the specific identification methods to value their ending inventory and the cost of goods sold are the companies that trade unique and high-value goods.
For a piece of jewelry, each item is usually unique, and they are not mass-produced. Such a company can use the specific identification to track the cost of each item. Companies selling heavy equipment can also use the specific identification method to value their inventory.
Thus, the specific identification method enables the company to determine the cost of its ending inventory and the cost of goods sold.
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Select all the correct answers.
Which two expenses are considered variable expenses?
car loan payment
car fuel
o grocery bill
O mortgage payment
O property taxes
Explanation:
1: mortgage payment
2: property taxes
Explain the relationship between households and firms in economics
Explanation:
Households supply labor to firms and are paid wages in return. Firms use that labor to produce pizzas and sell those pizzas to households. There is a flow of goods (pizzas) from firms to households and a flow of labor services (worker hours) from households to firms.
Which foodborne illness is accociated with shell fish
Answer:
Hepitatis A
Explanation:
to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.
Firms or organizations always recruit from external sources to fill vacancies in their firm. To recruit from outside organization, Lance, an hr manager, shares his company's job openings on social media and online job postings.
External recruitment uses assessment of an available pool of job candidates, to find skilled or qualified to fill and perform existing job vacancies.It entails searching outside of the current employee pool to fill open positions in an organization.
A company always source from outside hire.Through outside recruitment, a firm can invigorate their organization with fresh talent.
Conclusively, Employee Referrals. Networking (Informal, Formal) Job Fairs (Online and Virtual) are some ways to source from outside organization.
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what is an example of an activity that would be considered a management function for an sec audit client?
An example of an activity that would be considered a management function for a sec audit client is the designing of a proposal targets whereby SEC auditors are borrowing funds or issuing debt to accumulate working capital."
A management function generally involves making plans and goals about the direction of a firm.
A SEC has to deal with business operations relating to Security and Exchange Commission.
Thus, in this case, it is concluded that an example of a management function of an SEC client in the audit must relate to designing a plan that relates to SEC and the auditing process.
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