Answer:
I would say D because it sounds more reasonable for me
Lani Co. uses the allowance method to account for bad debts. At the end of the year, their unadjusted trial balance shows an accounts receivable balance of $400,000; allowance for doubtful accounts balance of $400 (debit); and sales of $1,200,000. Based on history, Lani estimates that bad debts will be 1% of accounts receivable. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:
A. $3,600
B. $4,000
C. $11,600
D. $12,400
E. $12,000
F. $4,400
Answer:
D. $12,400
Explanation:
Use the following formula to calculate the Bad debt expense for the period
Bad debt expesne = Debit balance of Allowance account + Allowance for the period
Where
Debit balance of Allowance account = $400
Allowance for the period = Account receivables x percentage of allowance = $1,200,000 x 1% = $12,000
Placing values in the formula
Bad debt expesne = $400 + $12,000
Bad debt expesne = $12,400
Answer: $4,400
Explanation:
Question 7 (1 point)
What is the impact of the Online Funds Transfer - From Savings that appears on John's statement?
ООО
0 0
John's Savings account balance increased by $50 and his Checking account balance had no change
John's Savings account balance had no change and his Checking account balance declined by $50
John's Savings account balance declined by $50 and his Checking account balance increased by $50
John's Savings account balance increased by $50 and his Checking account balance declined by $50
Answer: John's Savings account balance declined by $50 and his Checking account balance increased by $50
Explanation:
The checking account statement shows that there was an online funds transfer from Savings into the checking account.
The checking account will therefore increase by $50 because money was transferred into it and therefore added to its balance. The savings account on the other hand, will reduce by the same amount because it transferred the money into another account.
Extras come from the net income minus
A. Taxes
B. Expenses
C. Savings
D. Budget
Answer:
Its B
Explanation:
I got it correct
What advantage is there for a company to offer products at prices below actual market value? Multiple choice question. It maximizes profits for the company under any market conditions. It keeps the level of production low so the company will not be overwhelmed with orders. It circumvents the experience curve effect. Customers are more likely to try the product because they are not risking as much money.
Answer: Customers are more likely to try the product because they are not risking as much money.
Explanation:
Many market have competition, despite customers want the best for their money, they still want the best various prices especially that which is a bit lower, so they know they are not spending much but also getting the best. Some organization would want to sail their market either when entering the market or when they are experiencing a low sales, they now consider reducing the price of their items, in this case, customers would consider them because they are not spending much money
After the economic recession, the boating industry suffered from a decline in sales. However, recent sales forecasts indicate that the upcoming season will produce a strong demand for boats and boating equipment. Based on this, Lynn has decided to ramp up production this winter of both his bass fishing boats and speed boats, keep them in storage until the boating sales season officially resumes, and hope that customers will buy them. This is an example of a ________ strategy.
Answer:
push strategy
Explanation:
The push strategy consists of a marketing strategy whose objective is to make customers buy the products of a company through the use of marketing to attract consumers, for example, advertisements on social media, advertising on TV, exhibitors, etc.
In this strategy, the company searches for its customers by running ads about the benefits and features added to its product so that the customer knows the product and thus decides to make the purchase.
why is it so important to check the accreditation of a private higher leaning institution?Explain Three reasons
Answer:
Explanation:
Accreditation helps determine if an institution meets or exceeds minimum quality standards. It also helps students determine acceptable institutions for enrollment. Accreditation assists institutions in determining acceptability of transfer credits.
If there is an inequality in the balance of payments between two countries, A and B, which of these statements would be accurate?
A.
A’s exports to B equals A’s imports from B.
B.
A’s imports from B exceed A’s exports to B.
C.
A is acquiring assets in B, or B is acquiring assets in A.
D.
A’s exports to B exceed A’s imports from B.
Answer:
it is c tell me if im right
Explanation:
What contributions of Early Management theorists would still be applicable to today's organizations?
Answer:
The need for the formal management theories were important as seen by the Industrial revolution, in the construction of the Egyptian pyramids and many more.
Explanation:
Management theories are concepts that surrounds the management theories that includes tools such as guidelines and framework which are implemented in the modern day organizations.
We can see the early examples of the management practices that are used in the construction of arsenal of the Venice and also when Egyptian pyramids were constructed. One more example is the industrial revolutions where it was more economical to manufacture the produce or manufacture at the factories than at home. Here managers needed formal management theories to control and guide them.
Today the managers used the concepts of the scientific management at times where they analyze the normal work tasks that needs to be performed, to use the time as well as motion study to eliminate the wasted motions and to hire the best qualified worker for the job.
The theories are best selected to structure their organizations for the resources to be used efficiently and effectively.
nvestment advisors at your local bank branch office: a) Are not able to plan strongly diversified portfolios for their customers b) Must be transparent about their rates and services c) Are working solely on behalf of their customers to earn money d) Do not advise their customers on their financial goals
Answer:
b) Must be transparent about their rates and services
Explanation:
investment advisors at your local bank branch office: Must be transparent about their rates and services
Which of the following types of exposure threaten patient information? Check all that apply.
transmission
disclosure
interception
interference
Answer:
.-.
Explanation:
Answer:
It's B: disclosure, C: interception, D: interference
Explanation:
On EDG2020
What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
Select the correct answer.
Why do some critics feel that the IMF should not act to influence exchange rates under some conditions?
A.
They believe that wild swings in currency exchange rates are healthy.
B.
They believe that currencies must find their own market levels.
C.
They fear that the IMF may take over the country’s economy.
D.
They fear that politicians may be using the IMF to cover up their actions.
Answer:
Explanation:
They believe that currencies must find their own market levels.
A finance company has a total of $20 million earmarked for homeowner and auto loans. On the average, homeowner loans have a 10% annual rate of return, whereas auto loans yield a 12% annual rate of return. Management has also stipulated that the total amount of homeowner loans should be greater than or equal to 4 times the total amount of automobile loans. Determine the total amount of loans of each type that Madison should extend to each category in order to maximize its returns. housing million dollars automobile million dollars
Answer:
Housing million dollars $1,655.2
Automobile million dollars $413.80
Explanation:
Calculation to determine the total amount of loans of each type
Calculation for HOMEOWNER LOANS
Homeowner loans=$20,000-[(10%*20,000)/(4*12%+10%)]*10%
Homeowner loans=[$20,000-($2,000/48%+10%)]*10%
Homeowner loans=[$20,000-($2,000/58%)]*10%
Homeowner loans=[$20,000-$3,448.3]*10%
Homeowner loans=$16,552*10%
Homeowner loans=$1,655.2
Calculation for AUTO LOANS
Auto Loans=[(10%*20,000)/(4*12%+10%)]*12%
Auto Loans=($2,000/(48%+10%)]*12%
Auto Loans=($2,000/58%)*12%
Auto Loans= $3,448.3*12%
Auto Loans=$413.80
Based on the above calculation Homeowner loans amount of $1,655.2 is 4 times Auto Loans amount of $413.80
Therefore the total amount of loans of each type that Madison should extend to each category in order to maximize its returns are:
Housing million dollars $1,655.2
Automobile million dollars $413.80
An excerpt of an introduction of a cover letter about a Marketing position.
Which type of cover letter would the above excerpt come from?
a. Prospecting cover letter
b. Networking cover letter
c. Application cover letter
d. Follow up cover letter
An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.
What is cover letter?Cover letter are letter of intent and it use to describe an individual experience that is related to the Job description on an advert.
The individual include level of experience and exposure as well as other certification that will him or her qualify for the Job.
An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.
Learn more on cover letter here,
https://brainly.com/question/12408389
#SPJ2
Answer: The answer is b
Explanation:
took the test :)
When is a lower annual interest rate better than a low annual fee?
Explanation:
Lower annual interest in real terms is a relief to customers because it can go across a monthly payment like in a product purchase with a credit card. A low annual fee is just one payment that can be a certain membership of which happens only on an annual basis.
What three factors that had a negative impact on the financial performances of unibic in its early years?
Answer:
Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years
Explanation:
The three factors that negatively impacted the financial performances of unibic in its early years were as follows
a) The price of Unibic cookies was higher as compare to its other competitors.
b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic
c) Packaging, branding and marketing not as per the public requirement
WHERE THE PRODUCTION WOULD HAPPEN? (IN THE PICTURE)
Answer:
on the work ground
Explanation:
They have a large enough flat piece of land that they could plant on
Answer:
cocola company
Explanation:
because it is the right place for production to take place
Match each Investment or savings option with the income source(s) It provides to investors.
Tiles
capital gains only
Interest income only
capital gains and dividends
capital gains and interest Income
Hola
Pairs
trading in bonds
buying and selling properties
trading in company stocks
opening a CD account
Answer:
Investment/savings Income sources
Trading in Bonds : Capital gains and interest income
Buying and selling properties : Capital gains only
Trading in company stocks : Capital gains and Dividends
Opening a CD account : Interest Income only
Explanation:
Investment/savings Income sources
Trading in Bonds : Capital gains and interest income
Buying and selling properties : Capital gains only
Trading in company stocks : Capital gains and Dividends
Opening a CD account : Interest Income only
Capital gains is a source of income made from the sale of assets such as Bonds or other forms of security such as stocks and real estate , while Interest income is a type of income earned while trading in Bonds and opening and maintaining a CD account .
On January 1, 2020, Green Bay Enterprises issued 10%, 10-year bonds with a face amount of $2,000,000 at 108. Interest is payable annually on January 1. The entry when the bond was issued would include a
Answer:
1.credit to premium on bonds payable for $160,000
Explanation:
The journal entry to record the issuance of the bond is given below:
Cash $2,160,000 ($2,000,000 × 108% )
To Premium on Bonds Payable $160,000 ($2,160,000 - $2,000,000)
To Bonds Payable $2,000,000
(Being the issuance of the bond is recorded)
Here the cash is debited as it increased the assets and credited the bond payable & premium on bond payable is credited as it increased the liabilities
Identify What prevented the economy from slipping
back into a recession after slow growth ended the
long recession in November of 2001?
A. historically low interest rates
B. embargoes placed on oil by OPEC
C. an extended period of stagflation
D. an unprecedented surge in the economy
A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. This customer is age 51 and earns $160,000 per year. He is willing to assume a moderate level of risk in pursuit of higher returns. This customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. You should tell the customer that the best way to make a private equity investment is to invest in a(n):
A. Hedge Fund
B. VC Fund
C. REIT
D. BDC
Answer: BDC
Explanation:
The customer will be informed that the best way to make a private equity investment is to invest in a BDC.
A business development company (BDC) refers to a closed-end fund whereby investments are made in firms that are developing.
Business development companies are publicly traded and gives the investors high dividend yields. BDCs are considered to be good investment due to the fact that they yield high equities.
Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because
are good places to look to find your current expenses when building your budget.
A) Online research websites
B )Banks and credit unions
C)Bank and credit statements
D)Grocery stores and concerts
Answer:
C)Bank and credit statements
Explanation:
The good places to look to find your current expenses when building your budget is "Bank and Credit Statements"
This is because the credit statement is a document showing a list of transactions or money spent on goods or expenses made. This credit statement can be gotten from a bank of the person whose credit statement is under analysis or credit union.
Hence, in this case, the correct answer is Bank and credit statement.
Louis and Greg entered into an oral contract whereby Louis would transfer real estate he owned in Long Beach to Greg. In exchange, Greg agreed to pay $300,000.00 to Louis. Two days later, Louis received an offer from Ken to buy the real estate for $500,000.00 (the real fair market value). Louis then claimed that his contract with Greg was unenforceable since there was insufficient consideration by Greg and the contract had to be in writing. Which of the following is the best description of Louis's claim as to his contract with Greg?
A. The contract did not have consideration because $300,000.00 is unreasonable given the fair market value of the real estate and was obviously made by mistake.
B. The contract was void because it was not in writing.
C. The contract had consideration because Greg agreed to pay $300,000.00 for Louis's real estate and the contract had been fully performed because there was nothing left to be negotiated.
D. The contract did have consideration but was voidable as an oral contract because Louis had not fully performed.
Answer: The contract had consideration because Greg agreed to pay $100K for Louis's real estate and the contract had been fully performed
Explanation:
Summarize three reasons why it is important to use critical thinking.
Answer:
Improve communication strategies
Support smooth operations
Streamline product development
Explanation:
Improve communication strategies. Communicating with different types of people requires defining the needs of the target audience, which demands critical thinking. For example, if a company is being bought out by a competitor, the CEO must consider how this will impact everyone, from low-level employees to investors, and determine what messages to convey to each party. Acting quickly is essential, as he or she should be the first to give the employees the news to maintain their trust.
Support smooth operations. Maintaining daily operations in an ever-changing environment requires constant critical thinking. For example, if the power goes out at a restaurant and there is no emergency generator, the manager must decide not only what to do with the customers and staff but also whether and how to salvage refrigerated food. The quicker the manager acts, the more likely he or she is to make the best of an unfortunate situation.
Streamline product development. A product development role requires multiple decisions to ensure efficacy, marketability and safety. For instance, if a company is marketing a new kitchen gadget, designing it a certain way would make it look more appealing, but that design could also make it more difficult to use. Should the company prioritize function or fashion? The sooner it reaches a decision, the sooner production can begin.
why is it important for a nail care provider to learn and understand the structure and function of the nails?
Elaborate your answer.(5)
Answer:
Learning to know and recognize the Anatomy of the Nail is very important, whether for those who work in the Nails sector and every day must take care (even if only Aesthetically) of the Nails of their Customers, and for those who are simply passionate to the topic or prefer to independently take care of their Hands and Feet!
Explanation:
by which process is the glucose absorbed
Glucose and galactose are absorbed across the apical membrane by secondary active transport (along with Na+) through the Sodium-Glucose cotransporter (SGLT1). Both glucose and galactose exit the cell via GLUT2 receptors across the basolateral membrane into the blood.
Mandy wants to buy a variety of beverages for her birthday party. She wants to make sure she has enough to drink for all her friends, so she decides to buy 10 liters of beverages. If she buys at least one container of each beverage, what combination of beverages can she buy to equal exactly 10 liters?
Correct Question:
Beverages at the Store
2,000 milliliters of soda, 2.5 liters of apple juice, 1,500 milliliters of fruit punch, 2 liters of lemonade
Mandy wants to buy a variety of beverages for her birthday party. She wants to make sure she has enough to drink for all her friends, so she decides to buy 10 liters of beverages. If she buys at least one container of each beverage, what combination of beverages can she buy to equal exactly 10 liters?
Explanation:
As we know 1000 millilitres = 1 litre
Now writing them in common units.
soda= 2 litres
apple juice = 2.5 litres
fruit punch = 1.5 litres
lemonade = 2 litres
If she takes one of each it will become
= 2+2.5+1.5+2=8
Remaining are 10-2= 2 liters
Now she can have one more soda or lemondade to make a total of 10
which will be
4 (soda) +2.5+1.5+2=10
2+2.5+1.5+4 (lemonade) = 10
Answer:
zubairpu427 is right
I got my question right thanks to him
What are gestures, signs, or words used to communicate known as?
A.
symbols
B.
signals
C.
indicators
D.
signs
E.
motions
Answer:
a symbols
Explanation:
Communication is preeminently symbolic. There are two major categories of signals people send: signs and symbols. Signs are the foundation of all communication. A sign designates something other than itself, and meaning is the link between an object or idea and a sign
Which of the following is not a problem of bartering as a medium of exchange?
a.The need for a double
coincidence of wants
b.The need for divisibility
c.The need for portability
d.The need for trade and exchange
Answer:
The answer is A
My bad lol