Bad Debts Expense is debited when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,
Bad Debts Expense refers to the portion of account receivables that a firm has assumes not be recoverable from the debtor.
In conclusion, the Bad Debts Expense is debited when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,
Read more about Bad Debts Expense
brainly.com/question/25229686
The ______ period rate of return is simply the rate of return over some arbitrary investment period.
Answer: holding
Explanation:
cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as
The cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as operating activities.
Operating activities has to the with transaction that are involved in the day to day running of a business.
Operating activities involve revenue and expense and it help to analyze a company revenue and expense.
Operating activities is vital during decision making as it enables the company to plan based on the amount of cash receipts from customers and cash payment for direct costs.
Inconclusion the cash receipts and cash payments are classified on the statement of cash flows as operating activities.
Learn more about Operating activities here:
https://brainly.com/question/14122060
How long does a lender have to fix their net worth if they notify the FL-OFR before the shortage occurs?
According to the established standards and practices, a lender would have to use 120 days to fix their net worth if they notify the FL-OFR before the shortage occurs?
FL-OFR is an acronym for the Florida Office of Financial Regulation.
FL-OFR has three divisions which is headed by the commissioner.
FL-OFR regulates financial activities like consumer finance, financial institutions, securities, etc.
Hence, in this case, it is concluded that the correct answer is "120 days."
Learn more here: https://brainly.com/question/17143073
What is not a service business?
Answer:
A non-service business is a business that primarily sells products
Explanation:
Hope this helped :)
Can someone please reading this and tell me if it sounds good so far, thanks!
It actually isn't bad; I would take out the freshman year sentence though.
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales policy. Last year, your dealership earned record profits of $1.9 million. In your market, you compete against two other dealers, and the market-level price elasticity of demand for midsized Honda automobiles is -1.2. In each of the last five years, your dealership has sold more midsized automobiles than any other Honda dealership in the nation. This entitled your dealership to an additional 40 percent off the manufacturer’s suggested retail price (MSRP) in each year. Taking this into account, your marginal cost of a midsized automobile is $11,000.
What price should you charge for a midsized automobile if you expect to maintain your record sales?
The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
Using this formula
Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)
Let plug in the formula
Midsized automobile price = $11,000 (3× -1.2) / 1 + (3× -1.2)
Midsized automobile price = $14,000 × -4.8/ -3.8
Midsized automobile price = $14,000 × 1.384615
Midsized automobile price = $15,230.765
Midsized automobile price =$15,230.77 (Approximately)
Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
Learn more here:https://brainly.com/question/16991499
What is the term applied to the excess of net revenue from sales over the cost of merchandise sold?.
Answer:
gross profit
Explanation:
I took the test, good luck on the other questions
Wayfair Co. Reported the following results from the sale of 5,500 tables in May: sales $300,000, variable costs $165,000, fixed costs $85,000, and net income $50,000. Assume that Wayfair increases the selling price of tables by 10% on June 1. How much is the new contribution margin ratio?.
Wayfair Co's new contribution margin ratio is 50%.
Data and Calculations:
Number of tables sold in May = 5,500
Sales revenue = $300,000
Selling price per table = $54.55 ($300,000/5,500)
Total variable costs = $165,000
Variable cost per unit = $30.00 ($165,000/5,500)
New selling price per table in June = $60 ($54.55 x 1.1)
Contribution margin per table = $30 ($60 - $30)
Contribution margin ratio =50% ($30/$60 x 100)
Thus, the new contribution margin ratio is 50%.
Learn more: https://brainly.com/question/24170559
The more often a product turns over (e.g. the higher its turns) the ______ its inventory holding cost per unit.
If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internationalization strategy
If Amazon enters the Japanese online market by translating its U.S. website into Japanese, the strategy used is the meganational strategy.
A meganational strategy is an international strategy that focuses on reaping cost reductions through the economies of scale. It's a strategy that's used in seeing the world as one big national market.
Since Amazon enters the Japanese online market by translating its U.S. website into Japanese, then the strategy that is used is the meganational strategy.
Read related link on:
https://brainly.com/question/19505671
2 question 50 points PLUS Brainliest!
Question 1:
Shane is a trained firefighter for a county fire department. When someone reports that a fire is raging, Shane must respond to get everyone to safety. What talent would be helpful to Shane in his Career?
A. Shane is a methodical and likes to work alone.
B. Shane is persuasive and great at public speaking
C. Shame is calm and collected under pressure
D. Shane is artistic and plays several instruments
Question 2:
The governor of Virginia works as part of the local government.
True or false
2. True
Answer:
option b
true
that is a answer please mark me as a branliest
In the context of collaborative planning, forecasting, and replenishment (CPFR), handling unforeseen problems is called _____ management.
It should be noted that collaborative planning, forecasting, and replenishment, handling unforeseen problems are known as exception management.
Management by exception simply means a style of business management which focuses on the identification and handling of cases that deviate from the norm.
Management by exception dictates that unusual nature should be reported to senior managers. Therefore, collaborative planning, forecasting, and replenishment, depicts exception management.
Read related link on:
https://brainly.com/question/25516976
A chocolate store that sells hand-painted chocolate charges artificially high prices for its chocolates because customers associate high prices with superior quality. This is an example of
When the chocolate store charges high prices for its chocolates because high prices is associated with superior quality, then, it is an example of prestige pricing.
Prestige pricing refers to a pricing strategy where prices are set high because people believed that high product price is related to superior quality.
Example of product where prestige pricing is applied includes luxury phones, watches, perfumes, luxury automobiles etc.
Therefore, when the chocolate store charges high prices for its chocolates because high prices is associated with superior quality, then, it is an example of prestige pricing.
Learn more about this here
brainly.com/question/15577913
The two early economic plans proposed by President Carter improved economic growth. Did not improve economic growth. Gained support from many politicians. Reduced discrimination against banks.
The two early economic plans proposed by President Carter did not improve economic growth.
Jimmy Carter became the president of the United States at the time where the country was in a period of stagflation. There was high inflation in the country then and the economic growth was also very slow.
Jimmy carter tried to create reforms regarding the health sector, taxes, and the welfare of the nation.
His efforts to do these failed. One of the reasons why they failed was the fact that he had very poor relations with the congress.
Read more on https://brainly.com/question/21981359?referrer=searchResults
Answer:
B. did not improve economic growth.
Explanation:
edge2022 :)
The difference between actual overhead costs incurred and the budgeted (flexible) total overhead at actual units produced is the:
Answer:
The difference between actual overhead costs and overhead costs applied to work done, based on standard hours allowed. ... Both standards and budgets are predetermined costs. The primary difference is that a standard is a unit amount, whereas a budget is a total amount.
Explanation:
The difference between the amount of overhead applied throughout the manufacturing process and the actual amount of overhead expenses incurred during the period is known as an overhead cost variation.
So the answer is overhead cost variance.
About overhead cost variance:
As most businesses employ perpetual inventory systems, their inventory costs must be updated in real time.
This means that management cannot wait until the end of the quarter to total all overhead costs and assign them to each task.
Instead, management should forecast future overhead expenses and distribute them throughout the manufacturing process.
For more information about overhead cost variance refer to the link:https://brainly.com/question/15582076
Bob owns 5 acres of land. Bob sells the land to a real estate developer who builds a subdivision with 10 houses. The land is an example of a good that is a. both rival in consumption and excludable. b. neither rival in consumption nor excludable. c. excludable, but not rival in consumption. d. rival in consumption, but not excludable.
Answer:
I think its A
Explanation:
which skill is considered the cornerstone of effective communication?
Based on communication strategy, the skill that is considered the cornerstone of effective communication is known as "Listening."
This is because effective listening forms the foundation of effective communication.
With effective listening, a recipient or responder would make the proper reply or response to the sender.
Without proper listening, arguments may arise in the communication process, or difficulty in understanding may occur among parties to a specific communication process.
Hence, in this case, it is concluded that the correct answer is "Listening."
Learn more here: https://brainly.com/question/19511035
the most likely explanation for economies of scale is
in a competitive market, the actions of any single buyer or seller will
Answer:
it will increase the tension of competition
Oligopoly is a market structure that is characterized by a ________ number of ________ firms that produce ________ products.
Answer: small, interdependent; identical or differentiated
Explanation:
This is from Economics 202.
John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If john pays back exactly $120, then the interest was.
Since john pays back the amount of $120, then, the interest is known as Simple interest.
The Simple interest is the easiest method of calculating an interest rate on a loan.
However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of timeHence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.
Read more about this here
brainly.com/question/7508525
ampbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: Campbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: product adaption product extension communication adaption dual adaption none of the above
When Campbell launches tomato soup in the UK with the same product and advertisement used in the US, this strategy is called product extension and communication, also known as dual extension.
Product extension and communication occurs when an organization uses a uniform communication strategy to market its product in a new location.
This international trade strategy can be risky due to the lack of adaptation of advertising and product characteristics to the local market, which is usually culturally variable and according to consumer preferences.
This strategy can generate cost reductions and economies of scale, faster processes, higher sales volume and increased global brand positioning.
Therefore, the product extension and communication strategy ensures product and advertising uniformity, and is used when customization and adaptation costs are not justified, as the company operates in a global segment with similar needs.
Learn more here:
https://brainly.com/question/15305951
When Jose compares his input/output ratio with that of his co-workers, he is satisfied that he is being treated fairly. What is Jose most likely to do as a result
True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to
to be certain that you are following the NO SMOKING re because he is concerned about safety and damage to the apartment.
Answer:
false
Explanation:
he/she is not allowed to enter at any time because he/she does not have the right to enter the home if you are not there.
some of the elements of are a focus on a shared mission, a willingness to work together toward the same goals, and a sense of trust in each other.
Part of the element of teamwork includes the focus on a shared mission, willingness to work together etc.
At workplace, teamwork refers to the collaborative effort of the employee to achieve a common goal in most effective and efficient manner.
Hence, the part of the element of teamwork includes the focus on a shared mission, willingness to work together etc.
Therefore, the answer is element of teamwork.
Read more about teamwork:
brainly.com/question/18869410
Getting customers into the stores by using newspapers, magazines, television, and social media refers to advertising in the ______, whereas displays and signs placed at the point of purchase or in aisles is advertising in the ______.
Considering the contextual situation described in the passage, getting customers into the stores by using newspapers, magazines, television, and social media refers to advertising in the Media.
Whereas displays and signs placed at the point of purchase or in aisles are advertising in the "Store."
This is because Media consists of the primary means of communicating to the public. And the agents of media in which advertisement may be done include the following:
NewspapersMagazinesTelevision,Social mediaOn the other hand, Store or shop outlet is often used to describe the point of purchase of commodities. Thus, any display and sign done at the point of purchase are known as advertising in the store.
Hence, in this case, it is concluded that the correct answer is Media and Store, respectively.
Learn more here: https://brainly.com/question/17017781
A salesperson lacking goals will drift around their territory, wasting time and energy. Group startsTrue or False
Click this link to view O*NET’s Skills section for Secondary School Special Education Teachers. Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Secondary School Special Education Teachers? Check all that apply. instructing installation learning strategies repairing active listening technology design
Answer:
instructing
learning strategies
active listening
Explanation:
Answer:
Explanation:
instructing
learning strategies
active listening
The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the ______ structure.
Bureaucratic structure is a structure that has a lot of formalized set of role expectations. The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the multi-divisional structure.
Bureaucratic structure along with its different roles shows who is expected to do what, how, and when.This structure is said to be a normative in nature that is often disconnected from decision behavior or process.
The structure often shows the different facets of a mechanistic organization when looking at work specialization, formalization, and centralization.
Learn more from
https://brainly.com/question/25553650
Um...look what i found
