ishares msci are group of exchange traded funds that are not subject to u.s. sec and irs diversification requirements.
The iShares MSCI emerging Markets ETF seeks to music the funding effects of an index composed of massive- and mid-capitalization rising marketplace equities.
iShares is a global chief in trade Traded budget (ETFs) with a line-up of over 1,250 funds. As part of BlackRock, iShares ETFs harness information and innovation to pressure progress for the financial enterprise and our traders.
iShares' range of ETFs makes it convenient to make investments for the long term, reduce danger, and fit monetary desires with what topics to you. iShares ETFs can typically assist reduce tax consequences because of their approach and structure.
Learn more about ishares msci here: https://brainly.com/question/15398210 #SPJ4
What is the effect on the financial statements when writing off an uncollectible account under the allowance method?.
When debts are written off, they are removed as assets from the balance sheet because the company does not expect to recover payment. In contrast, some of the bad debt value remains as an asset.
An asset is a resource having economic worth that a person, organization, or nation owns or manages with the hope that it may balance sheet someday be useful.
A company's balance sheet lists its assets. They are divided into current, fixed, financial, and intangible categories. They are acquired or produced When debts are written off, they are removed as assets from the balance sheet because the company does not expect to recover payment. In contrast, some of the bad debt value remains as an asset to raise a company's worth or enhance its operations.
Whether it's a piece of manufacturing equipment or a patent, an asset can be looked of as anything that can, in the future, increase sales, lower costs, or generate cash flow.
Learn more about asset here
https://brainly.com/question/14404094
#SPJ4
Kenda needs her manager to review the memo she wrote so that she can send it out to her clients before the end of the day. what's the best way for kendra to end her email to her manager?
The best way for kendra to end her email to her manager is: A. Please review the memo and let me know if you have any changes by 3 p.m. today.
Who is a manager?A manager can be defined as the person whose roles and responsibilities is to supervise, control and coordinate the day to day activities of a business operation so as to ensure smooth running as effectively managing a business operation can enables the company to achieve their set goals.
On the other memo tend to often official message that is formally address to a person within an organization or a person outside an organization such as a clients.
Based on the given scenario since she has to submit the memo before the end of the day the best thing is to tell her manager politely to help her review the memo as the manager may want to add or remove some words she included in the memo.
Therefore the correct option is A.
Learn more about who is a manager here: https://brainly.com/question/26322690
#SPJ1
The complete question is :
Kenda needs her manager to review the memo she wrote so that she can send it out to her clients before the end of the day. What's the BEST way for Kendra to end her email to her manager?
Please review the memo and let me know if you have any changes by 3 p.m. today.
Here's the memo I want to send clients today.
Please review the memo for any spelling or grammatical errors.
Do you think this looks OK?
evaluating and understanding local economic conditions are critical before entering a foreign market. all of the following are key factors to consider except for: group of answer choices per capita income stage of economic development population economic growth rate direct investment currency exchange rate
Factors to Consider When Entering a Foreign Market
Gross Domestic Product. Gross domestic product (GDP) is the value of the goods and services produced in an economy.Unemployment Rate. Inflation.When entering foreign markets, What is the basic entry?There are three standard entry options for overseas markets. These are: Exporting is the act of selling goods and services to foreign nations. You can create a business in another area to manufacture goods and provide services if you have a licence.
Direct export, licencing, foreign direct investment, international agents and distributors, joint ventures, and strategic alliances are a few of the ways you might enter the global market.
Market potential analysis is the initial stage in choosing a foreign market. Data about population, GDP, per capita GDP, public infrastructure, and ownership of things like cars and televisions are frequently found in publications like those described in "Building Global Skills."
To learn more about foreign markets visit:
https://brainly.com/question/13211872
#SPJ4
which would be found in an appraisal but not in a cma? a) description of the subject's amenities b) listing of current properties c) description of highest and best use d) adjustment of comparable sales
The answer is description of highest and best use. A CMA does not go to an appraisal's depth in describing highest and best use.
Personnel is the primary distinction between an appraisal and a CMA. A licensed appraiser performs an appraisal on behalf of the bank as opposed to a real estate agent who conducts a CMA. The bank will request a property appraisal after a buyer files for a loan to buy your house. Although appraisers employ comparison techniques like to a CMA, unlike real estate agents, bank appraisers have no financial stake in the home's sale. To make sure that the bank isn't loan the buyer more money than is necessary, the appraiser's visit is intended to establish your home's fair market value.
Learn more about appraisal here :
https://brainly.com/question/28319917
#SPJ4
Knowing your decision-making style does not really help you determine your strengths and weaknesses as a decision maker, but it can help you understand when a decision needs to be made. True or false?.
Knowing your decision-making style does not really help you determine your strengths and weaknesses as a decision maker, but it can help you understand when a decision needs to be made false.
whether you are main a team, a business enterprise or comparing your personal tasks, it is critical to recognize the way you arrive at a selection. Knowing this, you may be capable of examine if any other fashion is possibly higher in your profession or a selected situation.
Decision making is the choice of a technique to weigh options and discover a way to a hassle. The 4 types of selection making are directive, conceptual, analytical and behavioral options. Every chief has a choice of ways to research a hassle and are available to a solution.
Learn more about Decision making here:
https://brainly.com/question/25870371
#SPJ1
the impact of the recession of 2009 has seen slow recovery which lasted well into 2013. if an individual saves $5,700 and elects to place the total dollar ammount into a savings account earing 2.75 apr compounded monthly, how much will thr original deposit grow in 12 yearsd
The original deposit grow in 12 years is $ 7926.
Deposit growth means the fee of annual increase in an entity's deposits, aside from certificates of deposit (or other comparable deposit gadgets), for a monetary yr ending on a December thirty first taking place all through the overall performance Vesting duration.
Business bank deposits increased at a document pace in 2020 and into early 2021 reflecting accelerated precautionary saving via families and companies in response to the pandemic.
Increasing deposits is vital to sustainable, profitable increase techniques. In a rising charge surroundings that is coupled with strong monetary boom attaining deposit goals is the exceptional manner to control funding fees whilst enabling your financial institution or credit score Union to fulfill the lending wishes of your customers and participants.
Learn more about deposit Growth here : https://brainly.com/question/28571027
#SPJ4
the way a product spreads through the population is known as . multiple choice question. the adoption sequence the product life cycle market modification diffusion of innovation
The way a product spreads through the population is known as the diffusion of innovation.
We can simply describe the diffusion of innovation as the ways by which new innovations tend to spread amongst people. Diffusion of innovation are the various ways by which technology or any other new innovation is able to become common and spread.
Usually, diffusion of innovation will be greater if it is more reliable for people to use and is something that can be of benefit to the population. The diffusion of innovation will be slower if a product or innovation does not offer something unique or valuable.
To learn more about diffusion of innovation, click here:
https://brainly.com/question/6631328
#SPJ4
(03.06 MC) Which of these is an example of the broad economic goal of growth?
The federal government awards technology development contracts to U.S. businesses.
Thus, the correct option is C.
What is economic goals?The desired core elements of a mixed economy are economic objectives.
The main objectives of the economy are, in general, to achieve full employment, economic growth, economic stability, equality, and increased effectiveness. Notably, each nation has its own set of economic objectives.
Efficiency, equity, economic freedom, full employment, economic growth, security, and stability are some examples of national economic goals.
Economic goals are not always compatible with one another; the price of achieving any one goal or set of goals is having fewer resources available to devote to the other goals.
Economic stability is the most crucial economic objective. This is so that other macroeconomic goals can be attained, which is made possible by economic stability.
Prices may fluctuate if the economy is not stable; this may lead to inflation or deflation, which will affect the currency effect.
Market economies, planned economies, centrally planned economies, socialist economies, and communist economies are the various types of economic systems.
The ownership of economic resources and the distribution of those resources define all of these.
Learn more about economic goals, here
https://brainly.com/question/2387455
#SPJ1
according to the theory of comparative advantage, countries gain from trade because world output can rise when each country specializes in what it does relatively best. trade makes firms behave more competitively, reducing their market power. output per worker in each firm increases. every country has an absolute advantage in producing something.
According to the theory of comparative advantage, countries gain from trade because every nation has an absolute advantage in producing something.
An economy has a comparative advantage if it can produce a certain item or service at a lower opportunity cost than its trade counterparts. Comparative advantage is a theory that explains why trade is advantageous for businesses, nations, and people alike. Comparative advantage, as it relates to international commerce, refers to the goods that a nation can manufacture more readily or at a lower cost than other nations. Even while this often shows the advantages of trade, some modern economists now recognize that relying solely on comparative advantages can lead to resource exploitation and depletion in a nation.
Learn more about Comparative advantage here:
https://brainly.com/question/13221821
#SPJ4
Your employer does not own the rights to your work email. True Or False?
Answer:
False.
Explanation:
Your employer can access it because it's not private.
troy is interested in buying a particular stock whose current dividend per share is $1.10. troy estimates that the current dividend per share will increase at a rate of 2.15% per year forever. if troy's estimates are correct, what is the best estimate of the stock price per share if the required rate of return is 16.00%.
0.250180505 is the best estimate of the stock price per share if the required rate of return is 16.00%.
Stock Price =D1/(ke-g)
D1 =1.10*(1+2.15%) = 3.465
ke =16.00%
g =2.15%
Stock Price =(1.10*(1+2.15%))/(16.00%-2.15%) = 0.250180505 Per Share
The dividend growth rate is the annualized percentage rate of growth that the dividend of a given stock experiences over time. The dividends provided to investors on a monthly basis are something that many established companies aim to grow. For stock valuation models known as dividend discount models, knowledge of the dividend growth rate is a crucial input.The dividend discount model must be used, and this requires knowing how to calculate the dividend growth rate. A specific category of security-pricing model is the dividend discount model. The dividend discount model makes the assumption that a given stock's price is determined by the expected future dividends, discounted by the difference between the company's internal growth and the estimated dividend growth rate.Learn more about Dividend growth rate, here
https://brainly.com/question/18402957
#SPJ4
What was the most important export to come from africa through the triangular trade route?.
Rum was the most important export to come from africa through the triangular trade route.
Why was the triangular trade important?Important information about the Triangular Trade consist of : The Triangular Trade was a trading route that promotes the transport of imports and exports between Great Britain, Africa, the Caribbean, and America. The route was a supporter of British colonialism between the 1500s and 1700s and largely funded the British economy.
How did Europe benefit the most from the triangular trade?Triangular trade benefited European nations as it opened new markets for their own goods while also allowing them to obtain trade commodities that may be exchanged for goods produced in the West Indies.
Learn more about Triangular trade route:
brainly.com/question/24276192
#SPJ4
planters corp. wrote off a customer's uncollectible account in april. in the following month, planters collected from the customer in full. the entry to reinstate the account would require a
Planters corp would require a credit to Allowance for Uncollectible Accounts.
Allowance for uncollectible accounts is a balance-sheet contra asset account that represents accounts receivable that the company does not intend to collect. When clients purchase things on credit and fail to pay their bills, the selling corporation is required to write off the unpaid amount as uncollectible. Allowance for uncollectible accounts, also known as allowance for questionable accounts, is a type of expense that can be deducted as bad debt expense or uncollectible accounts expense.
Finding the appropriate amount for the provision for dubious accounts is not an easy task. Furthermore, it is the result of years of activity. Have financial documents that show how many accounts have not been gathered to produce a standard allowance.
Hence the account needs a credit allowance.
Learn more about uncollectable accounts at
https://brainly.com/question/14413061?referrer=searchResults
#SPJ4
__________ _________ compare alternatives using branching technque based on known quantitative data, explicit knowledge and object facts to make a decision.
The assertion is untrue. Because the decision-making process typically does not consider qualitative aspects, management decisions are mostly dependent on quantitative data.
managerial choices Making involves choosing a plan of action after weighing many choices in order to carry out a company enterprise's objectives. decision-making Problem-solving, planning, budgeting, staffing, training, organizing, and managing are all part of management decisions .
In contrast to the control selection problem, which asks what the decision-maker wants to do, the advertising and marketing studies dilemma asks what information is desired and how it might be best received. Research is to provide the data necessary for a reliable judgment.
Making decisions making is possibly the most important aspect of a manager's duties. It is the most important factor in the planning process. even though management choices, decide on a variety of issues, including what goals their company will pursue, what resources they'll use, and who will carry out each necessary task.
Learn more about management hear :
https://brainly.com/question/28196221
#SPJ4
it is assumed that in most cases the decisions of all managers are limited by . not being able to act rationally or in the best interests of t
In the decision making, all managers are limited by not being able to analyze all information for all alternatives.
In management, decision making plays an important role, because the quality of these decisions will determine the effectiveness of the plans drawn up. Decision making can be defined as a process of selecting the best alternative from several alternatives systematically to be followed up (used) as a way of solving problems.
In management system, decision making is the key, because decision making is associated with the implementation of planning, in terms of deciding the goals to be achieved, who will carry out, who is responsible for the work assigned, the resources to be used, and others.
Here you can learn more about Decision making in the link brainly.com/question/13244895
#SPJ4
defond services, a firm providing art services for advertisers, began business on june 1. the following accounts are needed to record the transactions for june: cash; accounts receivable; supplies; office equipment; accounts payable; common stock; dividends; service fees earned; rent expense; utilities expense; and wages expense. prepare a journal entry for each transaction.
To prepare the journal entries for the business transactions, we start with the debits followed by credits.
June 1: DeFond invested $12.000 cash to begin the business in exchange for common stock.
Debit Cash 12,000; Credit Common stock 12,000
June 2: Paid $950 cash for June rent.
Debit Rent expense 950; Credit Cash 950
June 3: Purchased $6,400 of office equipment on credit.
Debit Office equipment 6,400; Credit A/P 6,400
June 6: Purchased $3,800 of art materials and other supplies; the company paid $1,800 cash with the remainder due within 30 days.
Debit Materials & supplies 3,800; Credit Cash 1,800; credit A/P 2,000
June 11: Billed clients $4,700 for services rendered.
Debit A/R 4,700; Credit Revenue 4,700
June 17: Collected $3,250 cash from clients on their accounts billed on June
Debit Cash 3,250; Credit A/R 3,250
June 19: Paid $5,000 cash toward the account for office equipment (sec June 3)
Debit A/P 5,000; Credit Cash 5,000
June 25: Paid $900 cash for dividends.
Debit Dividends 900; Credit Cash 900
June 30: Paid $350 cash for June utilities.
Debit Utilities expense 350; Credit Cash 350
June 30:Paid $2,500 cash for June wages.
Debit Wages expense 2,500; Credit Cash 2,500
Here's the complete question:
Defond services, a firm providing art services for advertisers, began business on june 1. the following accounts are needed to record the transactions for june: cash; accounts receivable; supplies; office equipment; accounts payable; common stock; dividends; service fees earned; rent expense; utilities expense; and wages expense. prepare a journal entry for each transaction.Record the following transactions for June using the financial statement effects template.
June 1: DeFond invested $12.000 cash to begin the business in exchange for common stock.
2: Paid $950 cash for June rent.
3: Purchased $6,400 of office equipment on credit.
6: Purchased $3,800 of art materials and other supplies; the company paid $1,800 cash with the remainder due within 30 days.
11: Billed clients $4,700 for services rendered.
17: Collected $3,250 cash from clients on their accounts billed on June
19: Paid $5,000 cash toward the account for office equipment (sec June 3)
25: Paid $900 cash for dividends.
30: Paid $350 cash for June utilities.
30: Paid $2,500 cash for June wages.
Learn more on journal of entry from:
https://brainly.com/question/20421012?referrer=searchResults
#SPJ4
hen a company has different products with different contribution margin ratios, the relationship of total company contribution margin to total company sales revenue is known as the
When a company has different products with different contribution margin ratios, the relationship of total company contribution margin to total company sales revenue is known as the average contribution margin ratio.
What is the relationship of contribution margin and sales?
The contribution margin highlights the portion of a product sales revenue that is not used up by variable costs, and so contributes to holding the company's fixed costs. The concept of contribution margin is basic fundamental keys in break-even analysis.
Why is contribution margin ratio important?It is an accounting term that allows business owners and managers track product profitability. The contribution margin is crucial to understand as it shows how much of a product revenue is currently available to cover fixed costs and contribute to the firm profit.
Learn more about contribution margin ratio:
brainly.com/question/24039258
#SPJ4
Which parts of your business are not profitable?
Answer:
A non-profit business is a tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes. Its shareholders or trustees do not benefit financially. Any money earned must be retained by the organization and used for its own expenses, operations, and programs.
Explanation:
Answer: The activities an organization performs in order to fulfil its CSR responsibilities are not profitable.
Explanation: Every company undertakes certain steps in order to fulfill its CSR (Corporate Social Responsibility). They include donations to NGOs, building safe and healthy work environments for its employees, etc. Even though they don't render any profits to the organization, they prove to be beneficial while making a brand image and brand name. These bring in goodwill for the company.
#SPJ12
davenport incorporated offers a new employee two options. first, the employee can receive a one-time signing bonus at the date of employment. second, the employee can take $30,000 at the date of employment and another $50,000 two years later. assuming the employee's time value of money is 8% annually, what single payment in the first option would be equal to the total of the payments in the second option
$72,867.
The lump sum equivalent would be $30,000 + the present value of $50,000 where n = 2 and i
= 8%. That is, $30,000 + ($50,000 x 0.85734 from Table 2) = $72,867.
Lump changed into fashioned in June 2016 after singer-songwriter Laura Marling and Mike Lindsay of folktronica organization Tunng met at a Neil Young live performance. Both had been mutual fans of each other's work and they right away started making songs together, culminating in a self-titled debut which was launched in 2018 to robust essential reception. The duo "had no idea" if they could make a 2nd Lump album, but were thrilled through the mission's ability for similar exploration and enlargement, in addition to its independence from the track they had been high-quality acknowledged for. Recording commenced in spring 2019, with Marling coming to Lindsay's domestic studio in Margate, Kent every two weeks between might also and November of that yr. Like their debut, Lindsay served as lead composer and musical director, whilst Marling furnished vocal melodies and lyrics.
Learn more about lump here
https://brainly.com/question/23220127
#SPJ4
the approach to ethics advocates that a manager in a multinational firm who sees other firms operating in the same nation not following ethical norms, may follow
The Naive Immoralist Approach to Ethics recommends a management in a multinational corporation who observes other corporations in the same country not upholding ethical standards.
Unrelated to its owners, a company is a separate legal entity. Numerous legal rights and obligations apply to businesses just like they do to people. They are able to make agreements, lend and borrow money, file lawsuits and defend them, appoint personnel, possess property, and pay taxes. Corporate entities are sometimes referred to as "legal persons." Unlike its owners, a company is considered to be a separate legal entity.
Numerous legal obligations and rights that apply to individuals also apply to corporations. Limited liability, which prevents a corporation's shareholders from being held personally liable for the debts of the business, is a crucial component. An individual or group of people with a common objective can form a corporation.
Learn more about ethical standards here
https://brainly.com/question/28295890
#SPJ4
As you read this question, each individual word appears as a separate unit because letters are closer to each other when they are part of a word versus when they are not. This is an example of the gestalt principle of.
As we read this question, each individual word appears as a separate unit because letters are closer to each other when they are part of a word versus when they are not. This is an example of the gestalt principle of proximity.
According to the gestalt principle of proximity, such things that are more closer to one another than others are considered to be more related to each other than things that have more space in between them.
When we read a question or a statement, each word is a separate unit because the letters in the words are more closer to each other than the other words in the sentence. Hence, we consider the letters of each word as a single and separate unit and consider them to be closer. This is an example of the gestalt principle of proximity.
To learn more about gestalt principle, click here:
https://brainly.com/question/5530358
#SPJ4
compared with the network evening news shows (those on abc, nbc, and cbs), cable news stations such as msnbc, fox news, and cnn offer more commentary and detail in their news product.
While network evening newscasts have stayed fairly constant throughout the years, the news programs that Americans watch on local television stations and national cable channels have altered substantially in recent years.
What change has been noticed?Local television newscasts have recently emphasized traffic, weather, and sports, even more, aired less edited package stories, and cut the lengths of stories—trends that might be a result of the industry's current economic challenges.
There is a growing fear that local TV news may be suffering some of the financial difficulties that have already hammered the newspaper sector as younger people are tuning out local newscasts.
Learn more about local television, from:
brainly.com/question/5418404
#SPJ1
the first essential characteristic of a perfectly competitive market is this: buyers and sellers have so much competition, they have no ability at all to set their own
The first essential characteristic of a perfectly competitive market is this: buyers and sellers have so much competition, they have no ability at all to set their own price.
A flawlessly aggressive organization is referred to as a charge taker because the strain of competing companies forces them to simply accept the winning equilibrium charge withinside the marketplace. If an organization in a superbly aggressive marketplace increases the charge of its product with the aid of using a lot as a penny, it's going to lose all of its income to competitors.
The 3 number one traits of best opposition.
no organization holds a vast marketplace share, the enterprise output is standardized, there's freedom of access and exit. The green marketplace equilibrium in a great opposition is in which marginal sales equals marginal costLearn more about price here:
https://brainly.com/question/1153322
#SPJ1
a restaurant located in the financial district or a cafe in a corporate headquarters may enjoy strong weekday sales but may not be able to justify staying open on weekends. what type of sales volatility is implied here?
Type of sales volatility is implied here is Volatility in day-to-day sales.
What is sales volatility?A statistical measurement of volatility is the dispersion of returns for a certain securities or market index.
Your upside is limited to the option's premium when you sell it, but your downside is theoretically uncapped. If you sell a call option short, your losses are beyond bounds.
The total number of time periods, T, is calculated by multiplying the standard deviation by the square root of that number. It illustrates the yearly change in market prices in finance.
Volatility is the rate of change in a stock's price over a predetermined period of time. Stock price volatility is usually correlated with increased risk, which helps investors predict probable future swings.
Learn more about sales volatility, here
https://brainly.com/question/1603761
#SPJ4
What type of program would have a class named student with objects called fulltime and parttime?.
A program that deals with students and their enrollment status would have a class named student with objects called fulltime and parttime.
What is part-time?
A job that is part-time typically has fewer hours each week than a full-time position. They put in shift work. Rotational shifts are common. When employees regularly put in less over 30 hours per week, they are regarded as part-timers. The International Labour Organization believes that, with the exception of the United States, the proportion of part-time workers had also increased from one-quarter to fifty percent over the past 20 years in most developed nations. Working part-time can be done for a variety of reasons, such as a desire to do so having one's hours reduced by an employer, or the inability to find a full-time position. Part-time employees must receive equal treatment to full-time employees, according to International Labour Organization Convention 175 (ILO 175).
To learn more about part-time
https://brainly.com/question/25454905
#SPJ4
the government imposes a price control law which causes the market to trade at a new price, and at this price, the quantity demanded is less than the quantity supplied. what kind of price control did the government impose?
The government imposes a price control law which causes the market to trade at a new price, and at this price, the quantity demanded is less than the quantity supplied. what kind of price control did the government impose an effective price floor.
When the authorities impose a restriction on how excessive a charge can go quantity demanded, something that economists name a “charge ceiling,” there are feasible outcomes. If the charge ceiling is above the charge that could have existed withinside the loose market, then the charge ceiling has no effect. Price ceilings are normally imposed at some stage in crises—wars, harvest failures, herbal disasters—due to the fact those occasions regularly result in surprising charge will increase that harm many human beings however produce massive profits for a fortunate few.
Learn more about price control here:
https://brainly.com/question/26521471
#SPJ4
swathmore clothing corporation grants its customers 30 days’ credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 2% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2023, accounts receivable were $588,000 and the allowance account had a credit balance of $52,000. accounts receivable activity for 2024 was as follows: beginning balance $ 588,000 credit sales 2,690,000 collections (2,553,000) write-offs (46,000) ending balance $ 679,000 the company’s controller prepared the following aging summary of year-end accounts receivable: age group summary amount percent uncollectible 0−60 days $ 405,000 3% 61−90 days 96,000 10 91−120 days 56,000 26 over 120 days 122,000 37 total $ 679,000 required: 1. prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. 2. prepare the necessary year-end adjusting entry for bad debt expense. 3-a. what is total bad debt expense for 2024? 3-b. how would accounts receivable appear in the 2024 balance sheet?
Swathmore Clothing Corporation, which offers its clients a 30-day credit period, will incur bad debt expenses of $58000 in 2024. For its receivables that aren't recoverable, the corporation employs the allowance approach.
Financial statements: At the conclusion of each accounting year, the corporation reports these statements. They offer information on the annual earnings, cash on hand at year's end, assets, bad debt expenses, liabilities, stockholders' equity, and retained earnings of a corporation. Basic financial statements include the ones listed below:
• Income statement
• Balance shee
• Statement of retained earnings
• Statement of cash flows
Statement of assets, liabilities, and owner equity as of a specific date in the business enterprise's bad debt expenses fiscal year is referred to as the balance sheet. In a nutshell, it also shows how a company's finances are doing.
A financial claim or statement known as a "accounts receivable" indicates that the seller will quickly receive payment from the customer for the goods or services they bad debt expenses have received. Receivables are classified as current assets on the balance sheet statement.
Allowance method: Because uncollectible accounts cannot be predicted at the time of credit sales, businesses estimate the percentage of uncollectible accounts.
Step: 1
1.1
Prepare journal entry to record the bad debt expenses for the year 2016.
Working note:
Determine the amount of bad debt expense.
Bad debt expense=credit sales * 2%
=$58000
Learn more about bad debt expenses here
https://brainly.com/question/17320783
#SPJ4
at a sales level of 21,000 units, pony corporation has sales of $420,000, a variable cost ratio of 50%, and a profit of $88,000. what is the break-even point in units?
Based on the sales level, the variable cost ratio, and the profit, the break-even point in units can be found to be 12,200 units
How to find the break-even point in units?The break-even point in units can be found by the formula:
Break-even point in units = Fixed costs ÷ Contribution margin per unit
First, find the fixed costs. To do that, you need to use the formula:
= Sales - Variable Cost - Profit
= 420,000 - (420,000 x 50%) - 88,000
= 420,000 - 210, 000 - 88,000
= $122,000
Then, find the contribution margin per unit:
= Selling price per unit - Variable cost
= Selling price per unit x (1 - variable cost ratio)
= 420,000 / 21,000 x (1 - 50%)
= 20 x 50%
= $10
The break-even point in units is therefore:
Break-even point in units = Fixed costs ÷ Contribution margin per unit
= 122,000 / 10
= 12,200 units
Find out more on Break-even point in units at https://brainly.com/question/15281855
#SPJ1
the effective interest rate for bond issuance in may, 2020 was 2.02%. how much will it cost apple to serve its new debt annually? (put it differently, what is an interest expense related to the mentioned bond issuance?
The annual repayment of the new debt will cost $171.7 million. This is the interest expense related to the aforementioned bond issue.
The interest expense of the accounting unit is the cost of borrowing money. In the income statement, interest expense is a non-operating expense. The cost of borrowing money is referred to as interest cost. It is a fee charged by the lender to the borrower for the use of the lender's funds. Interest expense on the income statement can show debt from banks, bond investors, and other sources as well.
Learn more on interest expense-
https://brainly.com/question/14185533
#SPJ4
blyrie inc., a sports goods manufacturing company, follows a policy that involves manufacturing only when the demand exceeds the amount of goods already manufactured. given this information, blyrie inc. most likely uses a capacity strategy to expand its capacity.
As Blyrie inc. follows a policy that involves manufacturing only when the demand exceeds the amount of goods already manufactured, Blyrie inc. most likely uses a c. capacity lag strategy to expand its capacity.
In the field of business, such a strategy in which a business starts to efficiently produce a product when its demand increases in the market is referred to as a capacity lag strategy.
The capacity lag strategy is a kind of conservative strategy as the production is increased only when there is an increased demand in the market. In this way, the chances of loss will be less and the business will be cost-effective.
However, a capacity lag strategy can cause a business to lose its previous customers if there arises a shortage in the market.
Although a part of your question is missing, you might be referring to this question:
Blyrie inc., a sports goods manufacturing company, follows a policy that involves manufacturing only when the demand exceeds the amount of goods already manufactured. given this information, Blyrie inc. most likely uses a capacity strategy to expand its capacity.
a. capacity straddle strategy
b. capacity reduction strategy
c. capacity lag strategy
d. capacity lead strategy
To learn more about capacity lag strategy, click here:
https://brainly.com/question/15128142
#SPJ4