a) Accounts Receivable $165,000
Revenue $165,000
b) Cash $80,000
Accounts Receivable $80,000
c) Bad Debt Expense $40,000
Allowance for Doubtful Accounts $40,000
d) Allowance for Doubtful Accounts $3,000
Accounts Receivable - Mary $3,000
Here are the journal entries for Joe's first months of operations using the given terms:
a) Performed various services for clients on account for $165,000:
Debit: Accounts Receivable $165,000
Credit: Service Revenue $165,000
b) Collected $80,000 from credit customers:
Debit: Cash $80,000
Credit: Accounts Receivable $80,000
c) Estimated bad debt expense to be $40,000:
Debit: Bad Debt Expense $40,000
Credit: Allowance for Doubtful Accounts $40,000
d) Decided Mary would never pay her account outstanding of $3,000:
Debit: Allowance for Doubtful Accounts $3,000
Credit: Accounts Receivable (Mary's account) $3,000
Learn more about Accounts here:-
https://brainly.com/question/29108212
#SPJ11
What is service enterprise
Which statement best summarizes the law of demand ?
A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.
Thank you :)
Buyers are more likely to buy a product that is supplied in large quantities.
What is the law of demand?The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.
What are the types of demand?Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term DemandLearn more about the law of demand here https://brainly.com/question/24019366
#SPJ2
Which part of the business plan identifies plans for pricing policies?
Pilihan jawaban
a. Self-analysis
b. Trading area analysis
c. Proposed marketing plan
d. Product description
The section of the company plan known as the proposed marketing plan details proposals for pricing policies.
What are the five components of a business plan?Business strategies fundamentally consist on these 5 bits of data. They consist of an overview of your company, a study of your industry's competition, a marketing strategy, a section on human resources (people requirements), and important financial data.
Where in the business plan does the price structure appear?The marketing portion of your business plan is where your pricing approach should be best articulated. You should explain the price you will charge customers for your good or service in this area, along with your justification.
To know more about marketing plan visit:-
https://brainly.com/question/29775565
#SPJ4
How would you explain the concept of supply chain management to
your children? They are 8 and 10 years old. Provide an example that
they would understand.
3 paragraphs please
Supply chain management is a concept that involves managing the flow of goods and services from the manufacturer to the end customer. It involves various activities such as procurement, manufacturing, warehousing, and transportation.
In simple terms, it is the coordination and management of all the activities involved in producing and delivering a product or service. Explaining this concept to an 8 and 10-year-old can be challenging, but it is not impossible. Supply chain management can be compared to a chain of events that lead to the delivery of a product or service. For example, let us consider the production of a chocolate bar. It all begins with the cocoa bean farmers who grow and harvest the cocoa beans. .
The chocolate bars are then packed and transported to a warehouse where they are stored until they are ordered by a retail store. The retail store then orders the chocolate bars and stocks them on their shelves for customers to purchase. The supply chain management is responsible for making sure that each of these events is coordinated and optimized for the timely delivery of the product.
To know more about transportation visit:
https://brainly.com/question/29851765
#SPJ11
Programs where current employees can recommend candidates for employment are called?
Programs where current employees can recommend candidates for employment are commonly referred to as employee referral programs.
Employee referral programs are initiatives implemented by companies to encourage their current employees to recommend potential candidates for job openings within the organization. These programs typically offer incentives or rewards to employees who successfully refer individuals who are eventually hired. Employee referrals are considered valuable because they often result in high-quality candidates who are a good fit for the company culture and have been vouched for by trusted employees. By leveraging the networks and knowledge of their existing workforce, companies can tap into a broader pool of talent and increase the likelihood of finding suitable candidates for their vacancies.
Learn more about employee referral programs here : brainly.com/question/17439341
#SPJ11
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
PLS HELPPP!!! FASTTT!!! A firm has three different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option C will give the firm $30 million at the end of one year, and nothing thereafter. Which of these options has the highest present value?
a. Option A
b. Option B
c. Option C
d. The answer depends on the rate of interest, which is not specified here.
Answer:
i would say d
Explanation:
If $1000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 15 years for the following interest rates. (Round your answers to the nearest cent.) (a) 3%
Given: 1000 is invested in an account for which interest is compounded continuously Time = 15 years Interest rate, r = 3% = 0.03 We know that the formula for calculating the amount of investment at the end of a given time period for continuous compounding is given by;
A = PERT Where A is the final amount, P is the initial principal, e is the natural logarithmic base, r is the annual interest rate as a decimal and T is the number of years.Let's calculate the amount of investment at the end of 15 years for the given interest rate.(a) 3%Solution:The formula for calculating the amount of investment at the end of a given time period for continuous compounding is given by;A = PERT Putting the given values, we get;
\(A = 1000 × e^(0.03 × 15)\)
\(A = 1000 × e^(0.45)\)
A = 1000 × 1.5684
A = 1568.4 Hence, the amount of investment at the end of 15 years for the given interest rate of 3% and continuous compounding is 1568.4.Note: Since the interest rate is given in the percentage form, we have to convert it to the decimal form by dividing by 100 before using it in the formula. Also, it is given to round off the answer to the nearest cent.
To know more about interest rate visit :
https://brainly.com/question/28236069
#SPJ11
What type of spending is happening when the military buys news tanks and airplanes?
a. Consumer
b. Investment
c. Government
Answer:
Consumer (mostly)
Explanation:
After buying weapons from defense contractors, the money could be used in many ways. Most of it is used to produce more weaponry for future purchases. Some might be put towards researching new technology that could make the vehicles much more advanced. Some is probably saved, to help pay employees.
Which of the following are positive statements in terms of economic theory? Select the two correct answers below. Select all that apply: When price increases,demand falls,all else constant Income isn't equal in all countries The government should use a progressive tax scheme to decrease inequality Prices for domestic flights are too high
The two positive statements in terms of economic theory are "When price increases, demand falls, all else constant" and "Income isn't equal in all countries."
Positive statements in economics are statements that can be objectively tested or verified. They describe what is or what will be without expressing value judgments. Among the options provided, the two positive statements are:
1. "When price increases, demand falls, all else constant": This statement is a basic principle of economics known as the law of demand. It states that when the price of a good or service increases, assuming all other factors remain constant, the quantity demanded for that good or service will decrease. This relationship between price and demand has been observed and studied in numerous economic contexts.
2. "Income isn't equal in all countries": This statement is also a positive statement as it reflects the reality that income distribution varies across different countries. It acknowledges the empirical fact that income levels and inequalities differ among nations, highlighting the existence of income disparities between countries due to various factors such as economic development, political systems, natural resources, and historical circumstances.
The other two statements, "The government should use a progressive tax scheme to decrease inequality" and "Prices for domestic flights are too high," express value judgments or normative statements rather than positive statements. They involve subjective opinions about what should or ought to be, rather than stating facts that can be objectively tested.
Learn more about income distribution here:
https://brainly.com/question/28072852
#SPJ11
A company wishes to determine the eoq for an item that has an annual demand of 2,000 units, a cost per order of $75, and annual carrying cost of 7.50 per unit. what is the eoq?
A company wishes to determine the eoq for an item that has an annual demand of 2,000 units, a cost per order of $75, and an annual carrying cost of 7.50 per unit. The dog is 200 units.
EOQ stands for economic order quantity. It is a formula used to determine the most cost-efficient order size for a company when ordering inventory. The formula takes into account the cost of ordering and the cost of carrying the inventory. It is calculated by taking the square root of (2 X the annual demand in units x ordering cost) divided by the carrying cost.
In this example, the annual demand is 2,000 units, the cost per order is $75, and the annual demand is 2,000 units, the cost of the order is $75, and the annual carrying cost is $7.50 per unit. So the EOQ formula can be calculated as the square root of (2 X 2000 X $75) ÷ $7.50 per unit =200
To know more about economic order quantity refer to the link brainly.com/question/19671250
#SPJ4
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1
If the price elasticity of supply is 0.75, then when the price of Good Y falls by 10 percent, the quantity supplied of Good Y:________.
A) rises by 7.5 percent.
B) rises by 133 percent.
C) falls by 7.5 percent.
D) falls by 133 percent.
Tracking a website you visit and compiling information could be an example of _____.
Answer:
ISP
Explanation:
Internet Service Providers (ISPs) can see everything you do online. They can track things like which websites you visit, how long you spend on them, the content you watch, the device you're using, and your geographic location.
Based on what we are learning in Chapter 2, who are the various stakeholder groups that a business
should be paying attention to?
Based on what we are learning in Chapter 2, there are several stakeholder groups that a business should be paying attention to.
These groups are individuals or organizations that are impacted by the actions of the business and can have a significant influence on the success or failure of the organization.
The first group is customers, who are the primary source of revenue for any business. It is important for a business to understand the needs and preferences of its customers and to provide high-quality products and services to meet those needs.
Another group is employees, who are critical to the success of the business. A company must provide a safe and healthy work environment, fair compensation and benefits, and opportunities for growth and development to retain employees and maximize their productivity.
Investors and shareholders are also important stakeholders. They provide capital to the business and expect a return on their investment. It is important for the business to maintain financial stability and provide regular updates on performance to these stakeholders.
Finally, communities and society at large are important stakeholders. A business must consider the impact of its actions on the environment and the community and strive to be a good corporate citizen. This includes ethical and socially responsible behavior and engagement in philanthropic activities.
Overall, businesses must pay attention to a wide range of stakeholder groups in order to achieve long-term success and sustainability.
For more such questions on stakeholder visit;
https://brainly.com/question/15532995
#SPJ11
_____ and _____________ are critical, and needs to be built into the overall process of relationship
Answer: The options related to your question is missing hence i will provide you with a general answer on process of relationship
answer : wholehearted love and Decision are critical
Explanation:
The overall process of any kind of relationship passes through five specific stages and each relationship passes through these stages repeatedly . the stages are ; The merge stage , doubt stage , disillusionment , decision and love ( whole hearted )
Why do I feel like something has changed in my relationship?
It's very typical for love partnerships to develop and alter over time. All relationships experience ups and downs as well as various periods. It is possible to welcome and even enjoy these changes in addition to merely coping with them.
Relationships evolve organically as they go. Understanding your spouse and figuring out how to handle differences are the first steps in dealing with change. One of the most difficult and complicated elements of the human experience is navigating relationships with intimate partners, friends, and family members.
There are several causes for why someone could have relationship anxiety. They can dread being abandoned or rejected or worry that their affection is not returned. Some people may worry that their significant other will cheat on them or that their relationship won't endure.
To learn more about relationships
https://brainly.com/question/14389660
#SPJ4
what is the difference of communism and socialism?
fees for service are determined by which of the following?
Each bank
Each transaction
Each customer
Each branch of bank
Answer:
Each bank
Explanation:
Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.
Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.
where can i watch the rock and roll hall of fame induction ceremony
Answer:
Copy and paste these exact words into You Tube
LIVE: Official Red Carpet of the 2021 Rock & Roll Hall of Fame Induction Ceremony
Explanation:
Which type of networking doesn't require a password to access
A Wi-Fi network connection with Wi-fi protected setup (WPS) for a home or a small environment doesn't require a password to access the networking system.
What is a password?Password is a code that helps in securing the data maintained on a computer or laptop. it also helps in securing the data from any unauthorized access.
WPS is a kind of network security that enables a protected wireless network for a home or a small surrounding. It allows a faster network connection between a router and any portable wireless device.
Therefore, the Wi-Fi network with WPS security requires no password to access the network.
Learn more about the passwords in the related link:
https://brainly.com/question/9759652
#SPJ2
9. In the World View article titled "Chronic Food Shortage Shows Despite Efforts by North Korea to Hide It." On a production possibilities curve between private and public goods, a decrease in military spending in an effort to increase food production could be represented as
Answer:
more private goods
Explanation:
As the military spending decreases, there will be burden to produce on the private sector as the population living requires goods to consume.
Decrease in military spending concludes the decrease in financial support of government in the economy. It provides for the increase in private investment, as many areas are opened for the private sector to invest in, which ultimately results in super investments in mass production by private organisations.
Accordingly, it will result in more private goods.
Design thinking is based on the needs of the designer.
True
False
Answer:
True
Explanation:
A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE
is lying same as not telling truth
is same or different I think its same
Answer:
It’s the same
Explanation:
Because either way ur not telling the truth and when u don’t tell the truth that a lie so they are the same thing
HELP ASAP 35 POINTS!!! Once you have a job, what steps will you take to keep up with changing trends in the industry? How can you advance in your career?
Answer:
Be aware - pay attention to the economy Think ahead - know what you'll do, apply for jobs Education - If there isnt a demand for your job you may need to go to school for a higher education Save money - in case you cant find another job in time
Explanation:
Each salesperson in a large department store chain is rated on their sales ability and their potential for advancement. The data for the 500 sampled salespeople are summarized in the table below:
Sales Ability: Fair Good Excellent
Belwo Average 16 12 22
Average 45 60 45
Above Average 93 72 135
(a) What is the probability that a salesperson selected at random has above average sales ability and is an excellent potential for advancement?
(b) What is the probability that a salesperson selected at random will have average sales ability an and good potential for advancement?
(c) What is the probability that a salesperson selected at random will have below average sales ability and fair potential for advancement?
(d) What is the probability that a salesperson selected at random will have an excellent potential for advancement given they also have above average sales ability?
(e) What is the probability that a salesperson selected at random will have an excellent potential for advancement given they also have average sales ability?
(a) The probability that a salesperson selected at random has above average sales ability and excellent potential for advancement can be calculated by dividing the number of salespeople with above average sales ability and excellent potential by the total number of salespeople sampled.
Number of salespeople with above average sales ability and excellent potential = 135
Total number of salespeople sampled = 500
Probability = (Number of salespeople with above average sales ability and excellent potential) / (Total number of salespeople sampled)
Probability = 135 / 500
Probability = 0.27 or 27%
(b) The probability that a salesperson selected at random will have average sales ability and good potential for advancement can be calculated in the same way.
Number of salespeople with average sales ability and good potential = 60
Probability = (Number of salespeople with average sales ability and good potential) / (Total number of salespeople sampled)
Probability = 60 / 500
Probability = 0.12 or 12%
(c) The probability that a salesperson selected at random will have below average sales ability and fair potential for advancement can be calculated in the same way.
Number of salespeople with below average sales ability and fair potential = 16
Probability = (Number of salespeople with below average sales ability and fair potential) / (Total number of salespeople sampled)
Probability = 16 / 500
Probability = 0.032 or 3.2%
(d) The probability that a salesperson selected at random will have an excellent potential for advancement given they also have above average sales ability can be calculated by dividing the number of salespeople with above average sales ability and excellent potential by the number of salespeople with above average sales ability.
Number of salespeople with above average sales ability and excellent potential = 135
Number of salespeople with above average sales ability = 93 + 72 + 135 = 300
Probability = (Number of salespeople with above average sales ability and excellent potential) / (Number of salespeople with above average sales ability)
Probability = 135 / 300
Probability = 0.45 or 45%
(e) The probability that a salesperson selected at random will have an excellent potential for advancement given they also have average sales ability can be calculated in the same way.
Number of salespeople with average sales ability and excellent potential = 45
Probability = (Number of salespeople with average sales ability and excellent potential) / (Number of salespeople with average sales ability)
Probability = 45 / 45
Probability = 1 or 100%
The probabilities for the given scenarios are as follows:
(a) Probability = 0.27 or 27%
(b) Probability = 0.12 or 12%
(c) Probability = 0.032 or 3.2%
(d) Probability = 0.45 or 45%
(e) Probability = 1 or 100%
Learn more about probability, visit:
brainly.com/question/9326835
#SPJ11
Which type of analytics would be associated with forecasting future sales amounts for a company? prescriptive diagnostic descriptive predictive
Predictive sales analytics utilizes sales data to determine patterns in customers' and leads' behaviors to create future sales predictions.
What are descriptive predictive and prescriptive analytics?Descriptive Analytics means what happened in the past. Diagnostic Analytics allows you to comprehend why something happened in the past. Predictive Analytics indicates what is most probably to happen in the future. Prescriptive Analytics suggests actions you can take to influence those outcomes.
What is prescriptive analytics used for?Prescriptive analytics is the process of using data to select an optimal course of action. By considering all appropriate factors, this type of analysis catches suggestions for the next steps. Because of this, prescriptive analytics is a useful tool for data-driven decision-making.
To learn more about prescriptive analytics visit the link:
https://brainly.com/question/28191959
#SPJ4
Do you feel that this country has made adequate progress in providing women with rights that are equal to that of men? Explain your answer.
Answer:
Yes.
Explanation:
There are so many opportunities for women to rise to the level of, if not surpass men. The 70 cents to the dollar thing is entirely false, and when accounting for the field and position, women typically make more than men. For single mothers, there is the WIC program (women, infants and children), but can you name a program that specifically supports single fathers? And, somewhat related sidenote, there is the whole "believe all women movement", (which in itself is sexist, but I yield) could you imagine if someone started saying "believe all men"? There is no way that would go over well.
Which resource management activity identifies and verifies?.
Answer:
different kinds of buisness vary
Explanation: