The current ratio of company x is 3. 0 times. company x has working capital of $20,000. total current assets for company x are:____.
Answers
To determine the total current assets of Company X, we need to use the current ratio formula, which is calculated as follows:
Current Ratio = Total Current Assets / Total Current Liabilities
Given that the current ratio of Company X is 3.0 times and the working capital is $20,000, we can solve for the total current assets.
Current Ratio = Total Current Assets / Total Current Liabilities
3.0 = Total Current Assets / Total Current Liabilities
Since the current ratio is a measure of liquidity and indicates the ability of a company to meet its short-term obligations, a higher current ratio is generally desirable. In this case, the current ratio of 3.0 suggests that Company X has a strong liquidity position.
To calculate the total current assets, we need to determine the total current liabilities. Without that information, we cannot provide an accurate answer. The total current assets of Company X depend on the proportion of current assets to current liabilities, as indicated by the current ratio.
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Related Questions
While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?
Answers
The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.
What is a financial goal?A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.
The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.
Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
The idea that the U.S. economy uses the market mechanism to distribute most goods and services and those who receive the most income get the most goods is best represented by the question:
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There are different kinds of ideas. The idea that the U.S. economy for who receive the most income get the most goods is best represented by the question called "For whom output is produced".
What kind of system is the United States economy based on?The U.S. is one that has a mixed economy and also show the attributes of f both capitalism and socialism.
In a mixed economy as the above, they often embraces economic freedom regarding capital use and they also allows the government to intervene for public good.
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PLEASEE! unit test in progress!!
A tax accounting software company is trying to help potential customers understand how other tax firms are already using certain platforms to complete their work. What type of primary research might they use to BEST tell that story?
a. Websites about tax firms’ busy season
b. Account textbooks
c.an interview with a single client
d. 10 case studies of existing clients
Answers
Answer:
It is D
Explanation:
.
The Johnsons are buying a house that costs $210,000 and can afford a 20% down payment. If the Johnsons want the lowest monthly payment, which loan option would you recommend? a. 30 year FHA, 3. 5% down at a fixed rate of 6. 25% b. 30 year fixed, 20% down at a fixed rate of 6% c. 30 year fixed, 10% down at a fixed rate of 6% d. 15 year fixed, 20% down at a fixed rate 5. 5%.
Answers
If the Johnsons want the lowest monthly payment, the recommended loan option is Option b.
Data and Calculations:Cost of house = $210,000
Down payment = 20% or $42,000 ($210,000 x 20%)
Loan = $168,000 ($210,000 - $42,000)
Monthly Payments:Option a. 30 year FHA, 3. 5% down at a fixed rate of 6. 25%:
Cost of house = $210,000
Down payment = 3.5% or $7,350 ($210,000 x 3.5%)
Loan = $202,650 ($210,000 - $7,350)
Result:
Monthly Payment = $1,247.75
Sum of all periodic payments = $449,190.33
Total Interest = $246,540.33
Option b. 30 year fixed, 20% down at a fixed rate of 6%
Cost of house = $210,000
Down payment = 20% or $42,000 ($210,000 x 20%)
Loan = $168,000 ($210,000 - $42,000)
Result:
Monthly Payment = $1,007.24
Sum of all periodic payments = $362,608.16
Total Interest = $194,608.16
Option c. 30 year fixed, 10% down at a fixed rate of 6%
Cost of house = $210,000
Down payment = 10% or $21,000 ($210,000 x 10%)
Loan = $189,000 ($210,000 - $21,000)
Result:
Monthly Payment = $1,133.15
Sum of all periodic payments = $407,934.18
Total Interest $= 218,934.18
Option d. 15 year fixed, 20% down at a fixed rate 5. 5%
Cost of house = $210,000
Down payment = 20% or $42,000 ($210,000 x 20%)
Loan = $168,000 ($210,000 - $42,000)
Result:
Monthly Payment = $1,372.70
Sum of all periodic payments = $247,086.04
Total Interest = $79,086.04
Thus, if the Johnsons want the lowest monthly payment, the recommended loan option is Option b with a monthly payment of $1,007.24.
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Johnson's should opt for a loan with interest rate of 6.25% ; period of 30 years and a down payment of 20% of the loan amount. So, the correct option that matches the query is B.
The calculation of the interest can be done by using the simple interest. Under Simple interest method, the loan is calculated only on the principal amount and not on the interest.
Housing Loans The calculation when the down payment of 20% is made upfront the calculation will be shown as $42000. So, the interest will be charged only on the remaining balance of $168,000. The calculation can be shown as below,\(\rm Amount= \dfrac{Principal\ x\ Rate\ of\ Interesr\ x\ Time}{100}\\ \\\\ \rm Amount= \dfrac{168000\ \rm x\ 6\ \rm x\ 360}{100}\\ \\ \)The interest to be paid each year will be calculated as under for a total number of 30 years.\(\rm Interest\ per\ Year= \dfrac{36288}{30}\)So total interest to be paid each year will be $1209.6 which is lower than all the other options available in the hands of Johnson's.Hence, the correct option is B that it would be beneficial for Johnson's to opt for 20% down payment at an interest rate of 6% and for a period of 30 years.
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which financial statement would you refer to in order to determine the total amount of assets owned by a company?
Answers
The Balance Sheet is the financial statement that would be used to determine the total amount of assets owned by a company.
It is a report of the company's financial position at a specific point in time, and is divided into two sections: liabilities and assets. Assets are recorded on the balance sheet as the total amount of resources the company owns and can use to generate future economic benefits.
Assets include cash, inventory, property, equipment, and investments. The total value of all the assets owned by a company is reflected in the Balance Sheet. This can help stakeholders, investors, and creditors understand the financial strength and stability of the company.
It is important to note that the Balance Sheet only reflects the assets and liabilities that are owned and owed at a specific moment in time, and not changes in these amounts over time.
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Describe the population distribution in Guyana
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More than 70 percent of Guyana's coastal population is rural, living on plantations or in villages strung along the coastal road. The villages range in size from several hundred to several thousand inhabitants. The layout of the villages is dictated by the drainage and irrigation systems of the plantations, both active and abandoned. The villages are most heavily concentrated along the estuary of the Demerara River and the eastern environs of Georgetown, near the mouth of the Berbice River close to New Amsterdam, and along the extreme east coast near the Courantyne River.
The pattern of population distribution in Guyana is a product of nineteenth-century economic development, which was based on the cultivation of sugarcane. Because the swampy coast was fertile and sugar production was geared to export, the large sugar estates confined their operations to a narrow coastal strip. Most of the villages had ethnically diverse populations, but usually one ethnic group predominated. The urban population was predominantly African, but it would be misleading to suggest that all Afro-Guyanese were urban. Indeed, the majority of the Afro-Guyanese population was rural. A far greater majority of Indo-Guyanese, however, lived outside the cities. The interior of the country was left mainly to the Amerindians. Even the later exploitation of timber, bauxite, and manganese in the interior failed to effect any sizeable migration.
Provide an understanding as to the scope,
breadth of employability in OT (e.g. income)and
specific business aspects of OT Practice in Miami
Answers
Occupational therapy (OT) is a field that offers a wide scope of employment opportunities and a varied range of practice areas.
In Miami, specifically, there are several business aspects and opportunities related to OT practice.
Scope and Breadth of Employability in OT:
1. Healthcare Settings: Occupational therapists can work in hospitals, rehabilitation centers, clinics, and nursing homes, providing direct patient care and rehabilitation services.
2. Schools and Educational Institutions: OTs work with children in schools to address their functional needs and support their participation in academic and social activities.
3. Mental Health and Behavioral Health: OTs play a crucial role in mental health settings, working with individuals experiencing mental health challenges to enhance their daily functioning and promote independent living.
4. Community-Based Programs: Occupational therapists may work in community settings, providing support to individuals with disabilities or chronic conditions to help them engage in meaningful activities and improve their quality of life.
5. Workplaces and Vocational Rehabilitation: OTs assist individuals in returning to work or making occupational adjustments due to injury, illness, or disability.
Income Potential in OT:
The income in the field of occupational therapy can vary based on factors such as experience, specialization, location, and work setting. Generally, occupational therapists earn a competitive salary that reflects their expertise and the demand for their services. In Miami, the income potential for OT practitioners can be influenced by factors such as cost of living and local market conditions.
Specific Business Aspects of OT Practice in Miami:
1. Private Practice: Occupational therapists can establish their own private practices in Miami, offering specialized services to clients and working with healthcare providers and insurance companies to ensure reimbursement for services rendered.
2. Collaborations with Healthcare Facilities: OTs can partner with hospitals, clinics, and other healthcare facilities in Miami to provide comprehensive rehabilitation services, occupational health programs, or specialized therapy services.
3. Home Health Agencies: Occupational therapists can work with home health agencies, providing in-home therapy services to individuals who are unable to travel to a clinic or hospital.
4. Research and Innovation: Miami is known for its research institutions and innovation centers. Occupational therapists can participate in research projects, contribute to the development of new treatment approaches, and collaborate with academic institutions.
Overall, the scope of employability in occupational therapy is broad, with opportunities in various settings and areas of specialization. In Miami, the vibrant healthcare industry and diverse population create a favorable environment for OT practice, offering a range of business opportunities and the potential for professional growth.
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point) Andrea is a preschool teacher. She works with three- and four-year olds every day from 9am to 3pm. She does not work over the holidays. This is an example of a
traditional career
entrepreneurship
remote worker
non-traditional career
Answers
Answer:
traditional career
Explanation:
Since in the given situation Andrea who is a preschool teacher and wants to work with 3-4 years old everyday having a shift of 9 am to 3 pm. Moreover, she does not work in the holidays, so this is an example of a traditional career as she is a preschool teacher so it defines the traditional career
Hence, the other options would be incorrect
In which situation did an alternative evaluation option occur within the search process?
Multiple choice question.
a. Jesus gets a membership at the gym his friends use.
b. Frankie goes to a nearby gas station to purchase his regular energy drink.
c. Kevin searches for a new car on the Internet before visiting the "The Mile of Cars" store
d. Mike buys a ticket to the only theme park in the city.
Answers
Before going to "The Mile of Cars," Kevin looks for a new car on the internet.
After the consumer has engaged, alternative evaluation frequently occurs in which of the following stages of the consumer decision-making process?Alternative evaluations frequently occur while the customer is searching for information. second step in the decision-making process for customers. There are two types of product information searches: internal and external.
What situations might influence a customer's decision-making at the time of purchase?Situational influences are temporary circumstances that have an effect on how buyers act, whether they end up buying your product, other products, or nothing at all. Physical factors, social factors, time factors, the buyer's motivation for purchasing, and the buyer's mood are all included.
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Reinvesting cash flow allows a firm produce additional products and generate additional sales.
O True
O False
Answers
Choose a good you are familiar with, and analyze its economic utility, using the questions below. NOTE: Choose a good for this exercise, not a service. a. What type of good did you choose? (1 sentence. 1.0 points)
Answers
The correct answer to this open question is the following.
Unfortunately, you did not attach the "questions below." So we do not know what they are or what they say.
However, trying to help, we can comment on the following.
The good I am most familiar with is oil because my father works in the oil industry.
Oil has an enormous economic utility because it literally "moves the world." Oil is used in almost every industry. We use it on a daily basis. First of all, we use gasoline in our cars. We use gas in our homes. Hotels, corporations, public service buildings use gas or gasoline in different forms.
Oil companies are one the most powerful industries in the world. Companies such as British Petroleum, Exxon, Mobile, Shell, and many others, are dominant industries in most of the countries. Some economies are based on oil and its fluctuant price.
Although governments are trying to move on and use alternative forms of energy that protect the environment, oil is still the most important form of energy on planet Earth.
a tax on an imported product designed to raise revenue or protect domestic firms is referred to as a(n) .
Answers
A tax on an imported product designed to raise revenue or protect domestic firms is referred to as a tariff.
First, tariffs generate revenue for the government, which can be used to fund public services, infrastructure projects, or other expenditures. This revenue is collected from importers, who pay the tax to the customs authorities when bringing goods into the country.
Second, tariffs protect domestic industries from foreign competition by increasing the cost of imported goods. This protection allows domestic firms to maintain their market share and potentially grow their businesses, as it becomes more expensive for consumers to purchase imports. Consequently, consumers are encouraged to buy locally produced goods, which benefits the domestic economy.
However, it is important to note that tariffs can have negative consequences as well. They may lead to retaliatory measures from trading partners, resulting in a trade war, which can harm global economic growth. Additionally, tariffs can increase the cost of production for domestic firms that rely on imported raw materials or intermediate goods, making them less competitive internationally.
In summary, a tariff is a tax on imported products aimed at raising revenue for the government and protecting domestic industries from foreign competition. While tariffs can provide short-term benefits to domestic firms, they may also have adverse effects on international trade relations and domestic production costs.
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What+is+the+value+of+a+bond+with+a+par+value+of+$1,000,+a+coupon+rate+of+8.50%+(semiannual+payments),+and+a+yield+to+maturity+of+5.80%?+the+bond+has+14+years+to+maturity.
Answers
The value of a bond with a par value of $1,000, a coupon rate of 8.50% (semiannual payments), a yield to maturity of 5.80%, and 14 years to maturity can be calculated using the present value of the bond's future cash flows.
To determine the value of the bond, we need to calculate the present value of its future cash flows, which include the periodic coupon payments and the final par value received at maturity. The coupon payments are semiannual, meaning they occur twice a year.
The present value of the bond's cash flows can be calculated using the following formula:
Bond Value = (Coupon Payment / (1 + Yield/2)) + (Coupon Payment / (1 + Yield/2)^2) + ... + (Coupon Payment / (1 + Yield/2)^n) + (Par Value / (1 + Yield/2)^n)
In this case, the coupon payment is 8.50% of the par value, or $85, and the yield to maturity is 5.80% or 0.058. The number of periods, n, is calculated as 14 years multiplied by 2 (for semiannual payments).
Using the formula and the given values, we can calculate the present value of the bond and find its value.
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Companies should create a broad marketing plan to serve both target and non-target customers, which will ultimately result in higher profits than a more narrowly defined plan.True/False
Answers
False.
Creating a broad marketing plan to serve both target and non-target customers is generally not an effective strategy for maximizing profits. In marketing, it is crucial to identify and focus on the specific target customers who are most likely to be interested in and purchase the company's products or services.
A narrowly defined marketing plan that targets the specific needs, preferences, and characteristics of the target customers allows for more precise and effective marketing strategies. By tailoring marketing efforts to the target market, companies can better understand and meet the needs of their ideal customers, leading to increased customer satisfaction, loyalty, and ultimately higher profits.
Trying to serve both target and non-target customers with a broad marketing plan can lead to diluted marketing efforts, ineffective messaging, and wasted resources. It may result in a lack of focus and inefficient allocation of marketing resources, which can lead to lower profitability.
Therefore, a more narrowly defined marketing plan that specifically caters to the target customers is generally more effective in achieving higher profits than a broad plan that tries to serve both target and non-target customers.
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enter mia's total profit/loss for the month in the box below then click submit
Answers
Answer:
350
Explanation:
Add 9000 + 200 = 9200
Then you do 9550 - 9200 = 350
Answer:
350 he is right
Explanation:
Which of the following situations would be the most appropriate to use a slide presentation?
A. A new employee is asked to introduce himself to the company with a five minute talk about his background.
B. You and your design team are asked to draft a report for the board of directors on areas where the business is weak.
C. Ben has to present his findings on sales revenue to his management team.
D. Nandira, your new boss, asks you for a 10 minute meeting to give her an update on a project.
Answers
The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000
Sales Revenue Current Year = $150, 000
What is the Sales Growth?
Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!
Hint: Your answer will NOT have decimal point.
Example: 75%
Answers
To calculate the sales growth, you can use the following formula:
(Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year x 100%
Plugging in the numbers, we get:
($150,000 - $125,000) / $125,000 x 100% = 20%
Therefore, the sales growth is 20%.
Sales Growth = (Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year × 100%
Sales Growth = ($150,000 - $125,000) / $125,000 × 100%
Sales Growth = $25,000 / $125,000 × 100%
Sales Growth = 0.2 × 100%
Sales Growth = 20%
Therefore, the Sales Growth is 20%.
Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a smartphone. The cost structure to manufacture 20,500 Tri-Robos is as follows. Cost Direct materials ($52 per robot) $1,066,000 Direct labor ($38 per robot) 779,000 Variable overhead ($7 per robot) 143,500 Allocated fixed overhead ($29 per robot) 594,500 Total $2,583,000 Jobs is approached by Tienh Inc., which offers to make Tri-Robo for $116 per unit or $2,378,000.
Answers
Answer:
the question is incomplete, so I looked for similar questions (see attached image).
this is a differential analysis that compares two alternative situations:
Make Buy Net income increase
(decrease)
materials $1,066,000 $0 $1,066,000
labor $779,000 $0 $779,000
var. overhead $143,500 $0 $143,500
fixed overhead $594,500 ($405,000) $999,500
purchase price $0 $2,378,000 ($2,378,000)
total $2,583,000 $1,973,000 $610,000
If Jobs decides to purchase the Tri-Robos from Tienh, and it is able to avoid $405,000 in fixed cots, then its operating income should increase by $610,000.
a. What are the organisational policy and procedure requirements to implement an action plan?
b. Must any documentation be maintained or named in a specific way?
Answers
a. Policy and procedure requirements include adherence to information security policies, change management procedures, and incident response protocols.
b. Yes, documentation should be maintained and named according to established naming conventions and file management guidelines.
a. Organizations should have policies in place that outline security practices, such as access controls, data encryption, and incident reporting. Compliance with these policies ensures that security measures are implemented consistently throughout the organization.
It is important to have documented procedures for managing changes to systems, processes, or configurations. These procedures typically include steps for requesting, reviewing, approving, and implementing changes, ensuring that proper controls and testing are in place to minimize risks.
Organizations should have established protocols for responding to security incidents, such as data breaches or cyberattacks. These protocols outline the roles, responsibilities, and actions to be taken during and after an incident, ensuring a coordinated and effective response.
b. Maintaining documentation is crucial for effective implementation and ongoing management of an action plan. It is recommended to maintain documentation in a structured manner and follow established naming conventions and file management guidelines. This ensures consistency, easy retrieval, and efficient collaboration among stakeholders.
Documentation should be appropriately named to reflect its content and purpose, making it easier to locate and reference when needed. Consistent documentation practices also facilitate version control and auditability, enabling organizations to track changes, review past actions, and ensure compliance with internal and external requirements.
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Mention five legal ways to spend money
Answers
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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Owner's Capital would indicate which form of business entity? (IT IS NOT ANSWER B)
Joint Venture
Partnership
Proprietorship
Corporation
Use the information for Jennifer Corporation presented on pg. 11-30 to compute the company's book value per common share assuming the company has 2 years of dividends in arrears and the preferred stock does not carry a call provision.
(Your answer should be rounded to 2 decimal places and not include any dollar signs. example: 4.2446 would be entered as 4.25)
Answers
Owner's Capital would indicate a Proprietorship.
The book value per common share for Jennifer Corporation is $5.
"Owner's Capital" refers to the equity or investment contributed by the owner of a business. It represents the owner's ownership stake or share in the business and represents the net assets of the business after deducting liabilities.
To compute the company's book value per common share for Jennifer Corporation, we need the following information:
Total Stockholders' Equity = $720,000
Preferred Stock Dividends in Arrears = $120,000
Number of Common Shares Outstanding = 120,000
Book Value per Common Share = (Total Stockholders' Equity - Preferred Stock Dividends in Arrears) / Number of Common Shares Outstanding
Book Value per Common Share = ($720,000 - $120,000) / 120,000
Book Value per Common Share = $600,000 / 120,000
Book Value per Common Share = $5
Therefore, the book value per common share for Jennifer Corporation is $5.
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True or false: Information about fair value is commonly listed as an additional disclosure on the face of the financial statements.
Answers
The given statement Information about fair value is commonly listed as an additional disclosure on the face of the financial statements is True.
True or false: Information about fair value is commonly listed as an additional disclosure on the face of the financial statements. In terms of accounting, fair value is the estimated price at which an asset or liability can be exchanged or a transaction can take place between willing and knowledgeable parties.
It reflects the present value of future cash flows expected from an asset or liability. To ensure transparency and enhance understanding for users of financial statements, fair value disclosures are commonly included in financial statements.
Information about fair value is frequently disclosed in the notes section of financial statements rather than on the face of the financial statements.
It's worth noting that while fair value disclosure is not required for all assets and liabilities, it is frequently disclosed for some of the most important ones, such as investment securities, financial derivatives, and certain debt instruments.
This can aid investors in assessing the financial condition of a company and determining its future potential. Furthermore, the Financial Accounting Standards Board (FASB) has established guidelines for disclosing fair value information, including requirements for the type of information that must be disclosed and the manner in which it must be presented.
These guidelines assist in ensuring consistency and transparency in fair value reporting across all financial statements. Conclusively, True, information about fair value is frequently listed as an additional disclosure on the notes of the financial statements rather than on the face of the financial statements.
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if a company follows the allowance method for uncollectible accounts, what effect would be caused on the net income and assets if an allowance is written-off?
Answers
If a company follows the allowance method for uncollectible accounts, the effect that would be caused on the net income and assets if an allowance is written-off is a reduction in both. Let's delve deeper into the allowance method for uncollectible accounts and the impact of writing off an allowance.
The allowance method for uncollectible accounts is used by companies to estimate the value of accounts receivable that are unlikely to be paid by customers. An allowance for doubtful accounts is created, which is a contra-asset account that reduces the value of accounts receivable to the estimated amount expected to be collected.
When an allowance for doubtful accounts is written off, the balance sheet shows a reduction in assets and a corresponding reduction in the allowance for doubtful accounts. The income statement also reflects a reduction in net income, as the expense is recognized when the allowance is written off.
Therefore, if an allowance is written-off, the net income and assets of the company will be reduced. To summarize, the allowance method for uncollectible accounts helps companies to more accurately estimate their bad debt expense and manage their accounts receivable, but writing off an allowance will lead to a reduction in both net income and assets.
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INTERVIEW a business owner on the crisis experienced in the workplace attach an interview schedule as part of your oral presentation
Answers
Interview helps to select the best fit for a Job.
What is interview?Interview is usually an interactive sessions between an intending employee and the human resources personnel.
The sessions is to know if the individual is the best fit for a job.
Therefore, Interview helps to select the best fit for a Job.
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what do you think when will the lookdown open in nepal and india ?
and do not report, and why will you report if u have a specific reason then i will think, but this is my doubt.
Answers
Answer:
maybe August
Explanation:
school opens in August, so, maybe then?
Hope you have a great day
Which type of consumer products and services are purchased less frequently, with consumers carefully comparing competing products in terms of suitability, quality, price, and style?.
Answers
Consumers closely compare rival products in terms of compatibility, quality, price, and style when making less frequent purchases of goods and services.
A product is anything that can be supplied to a market in order to satiate a customer's need or desire. In marketing, a product is an item, system, or service that is made accessible for consumer usage in response to consumer demand. Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials in the manufacturing sector before being sold as finished goods. A form of product that is also considered is a service. In project management, products are the formally defined project deliverables that include or assist in achieving the project's goals.
Although raw materials like metals and agricultural products are typically considered commodities, anything that is readily available on the open market can also be considered a commodity.
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duke company's unadjusted bank balance at march 31 is $2,300. the bank reconciliation revealed outstanding checks amounting to $500 and deposits in transit of $400. based on this information, duke's true cash balance is:
Answers
Duke Company's unadjusted bank balance at March 31, 2016 is $2,300. Based on this information, Duke's true cash balance is A. $2,200.
True cash balance of Duke = Unadjusted cash balance + deposits - outstanding checks
= 2300 + 400 - 500
= 2700 - 500
= $2200
A cash balance is the amount of money that a business currently has on hand. This money is kept on hand to cover any unanticipated cash outflows. Businesses may find themselves unable to pay their expenses if this safety net is not in place.
The cash balance is often used to pay down debt or distributed to investors in the form of a dividend. Businesses that have a considerable variance in the timing and amount of cash inflows and outflows require a cash balance in particular.
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Correct question:
Duke Company's unadjusted bank balance at March 31, 2016 is $2,300. The bank reconciliation revealed outstanding checks amounting to $500 and deposits in transit of $400. Based on this information, Duke's true cash balance is:
A. $2,200.
B. $2,000.
C. $2,700.
D. $2,400.
how a handful of tech companies control billions of minds every day
Answers
A handful of tech companies exert significant influence over billions of minds every day through their digital platforms and services. The control that a handful of tech companies have over billions of minds can be attributed to several factors.
Firstly, these companies have developed highly addictive and engaging products and services that capture users' attention for prolonged periods. Through persuasive design techniques, such as infinite scrolling, notifications, and personalized recommendations, they create an environment that keeps users hooked and encourages continuous usage.
Secondly, these companies collect vast amounts of user data, enabling them to understand individual preferences, behaviors, and interests. This data is then leveraged to personalize content and advertisements, making the user experience more relevant and compelling. By tailoring information to match users' interests and preferences, tech companies can effectively influence their choices, decisions, and opinions.
Furthermore, these companies employ sophisticated algorithms and artificial intelligence systems to curate and prioritize the content users see. Through content filtering and recommendation algorithms, they can shape the information users consume, potentially creating echo chambers and reinforcing existing beliefs or biases.
Lastly, the dominance of these tech companies across various platforms and devices gives them immense reach and influence. They control popular social media platforms, search engines, online marketplaces, and streaming services, allowing them to shape and control the flow of information, news, and entertainment that billions of people access daily.
The combination of addictive products, personalized experiences, data-driven targeting, algorithmic curation, and platform dominance enables these tech companies to exert significant control over billions of minds, shaping their behaviors, preferences, and ultimately influencing their daily lives.
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Question #10
What is the purpose of increasing taxes/decreasing government spending during an economic expansion?
to decrease unemployment and inflation
O to increase unemployment levels
O to cause economic growth
O to slow down aggregate demand and reduce inflation
Answers
When there is an increase in taxes and the decreasing government spending during an economic expansion the purpose is to to slow down aggregate demand and reduce inflation
What is meant by contractionary government policy?This is the tool that the government may use when they want to stimulate the economy. The government may decide to raise taxes, this would have an adverse effect on consumption in a given economy.
Another way they may do this would be through the decrease in the way that the government spends money in the economy.
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