The allowance method of recognizing uncollectible accounts used is one where there is no effect on net income.
What is the allowance method?This is known as a method that entails the use of or the act of setting aside a kind of reserve for bad debts that are seen or foretell to take place in the future.
The reserve is one that is based on a percentage of the sales gotten in a reporting period, in terms of those adjusted for the risk linked with some customers.
Learn more about allowance method from
https://brainly.com/question/6993526
10. A high home deflation rate relative to other countries would ____ the home country's current account balance, other things being equal. High growth in the home income level relative to other countries would ____ the home country's current account balance, other things being equal.
Answer:
Decrease; Decrease
(Both blanks will be decrease)
Hope this Helps!
What are the advantages and disadvantages for Ralph Lauren corporation to add another diffusion brand or sub brand?
Summarize how the Peer-to-peer payment process typically works?
Answer:
Peer-to-peer payments are transactions that can be used for anything from splitting a dinner bill between friends to paying the landlord rent. These payments allow the transfer of funds between two parties using their individual banking accounts or credit cards through an online or mobile app.
The control function of management includes taking corrective action. The idea is for managers to intervene before costly or damaging problems occur, rather than waiting and hoping for the best. This allows management to be:____.
The control function of management allows management to be proactive.
What is the control function of managers?The control function of management helps managers to check errors by taking proactive corrective actions.
Proactive corrective actions minimize deviation from standards, ensuring the achievement of planned organizational goals.
Thus, the control function of management allows management to be proactive.
Learn more about the functions of management at https://brainly.com/question/17083312
Karl purchased a second, larger home in which to live. He has decided to rent his first home out for $1,500 a month. His mortgage on the first home is $1,250. Is this an example of passive income?.
Yes, this would be an example of passive income
At the end of the meeting with Vladimir Butin, Raymond concluded a sale of one million bottles of
Russian Vodka to be stored on his premises. Raymond cannot recall reading the terms and conditions or
signing the contract. Discuss whether the contract is enforceable in South African law, use case law to
support your view. -15
The contract may not be enforceable. Each country is with their peculiarity. The law of contract in South Africa is dynamic.
Definition of ContractGenerally, a contract is an agreement between two or more parties with the intent of creating a legal obligation. Contract law provides a legal frame work within which persons can transact business and exchange resources, secure in the knowledge that the law will uphold their agreements and, if necessary, realise them.
Contract MistakeA concurrence of wills between the parties is usually regarded as the primary basis of contractual liability. However, mistake (error) in contract refers to a situation in which a member of the parties involved acts under a mis know, causing dis agreement between the parties. The courts tend to categorise a mistake as one of unilateral, mutual or common:
Unilateral mistake occurs where only one of the parties is mistaken, while the other party is aware of the mistake.
Therefore, the contract may not be binding on him if considered as a Unilateral mistake.
learn more about law in S o u t h A f r i c a from here: https://brainly.com/question/1033185
I NEED THIS NOWWW!!!! PLEASEE
After learning about all of the career pathways and possibilities, discuss what you think that you might want to do when you grow up. Describe which career cluster and specific career that you are interested in. Provide reasons as to why you think this is the direction you will go.
Answer:
Career Clusters identify the knowledge and skills learners need as they follow a pathway toward their career goals. The knowledge and skills identified form a strong basis for learner success whether the learners are in high school, college, technical training or in the workplace.
eing a "global" worker.
Keeping a "success journal."
Developing a professional network.
Following profession, industry and economy
Explanation:
please mark me as brainlist please
On January 1, 2020, Pina Company purchased 11% bonds, having a maturity value of $320,000 for $344,893.28. The bonds provide the bondholders with a 9% yield. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. Pina Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows.
2020 $342,600
2023 $330,400
2021 $329,200
2024 $320,000
202 $328,300
(a) Prepare the journal entry at the date of the bond purchase.
(b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2020.
(c) Prepare the journal entry to record the recognition of fair value for 2021.
Answer:
[tex] - 6x - 18[/tex]
Explanation:
[tex] - 2x(1 - 3x) + (2x + 3)(3x - 2)[/tex]
Describe marketing functions and related activities.
The 7 functions of marketing are promotion, selling, product/service management, marketing information management, pricing, financing and distribution. Understanding the core functions of marketing can help you better focus your efforts and strategies to support your business.
Because cash is assumed to be available for spending, it is typically reported on the balance sheet as a(n)
Answer:
Current or Short-Term Asset
Explanation:
Suppose university officials feel that the price of football tickets at your school is too expensive and decide to limit how much the athletic department can charge for a ticket to a single game.
When the price of a ticket is limited, the effect would be that there would be a shortage of tickets.
What is a shortage?
A shortage is when the quantity demanded of a product exceeds the quantity supplied. This usually occurs when the price of the good is set below equilibrium price.
When the ticket price is limited, the profit made per game reduces. As a result, it is expected that the number of tickets offered would decline. This would lead to a shortage.
Here is the full question:
Suppose university officials felt the price of football tickets at your school are too expensive and decide to limit the price the athletic department can charge for a ticket to a single game. What will result from this decision? Select all that apply. a. The quality of facilities will decrease. b. An abundance of cheap tickets will be available online. c. A shortage of tickets will exist. d. The football team will offer more tickets to the game.
To learn more about shortages, please check: https://brainly.com/question/26668090
EJ Corp bond carries a 9 percent coupon, paid semi-annually. The par value is $1,000, and the bond matures in 12 years. If the bond currently sells for $905. 50 (PV), what is its yield to maturity?
Enter PV as a negative number. Calculate equal 24 payments ($1,000*. 09/2) and enter.
Remember the last payment is the return of principal plus PMT. Use IRR(cash flows).
Time Payment Periods Cash Flow
Today 0 Pv>= ?
1 ?
2 ?
3 ?
4 ?
5 ?
6 ?
7 ?
8 ?
9 ?
10 ?
11 ?
12 ?
13 ?
14 ?
15 ?
16 ?
17 ?
18 ?
19 ?
20 ?
21 ?
22 ?
23 ?
Add FV to PMT= 24 ?
IRR=> ?
The YTM is 2*IRR===> ?
Answer: is
2
Explanation:creo question es
2
In your own words, explain what actuarial value is
Answer: What id say an actuarial value is, something you pay for in advanced, like if you buy a game from game stop, and you have to wait for it to actually come out, and they put it on hold for you and stuff, I think that is what actuarial value is, to be honest i have heard of it but never learned it 100% i hope this is correct and hope it helped, have a wonderful day!
Explanation: brailiest please <3
If Helen travels 567 miles in 9 hours, how far does she travel in one hour?
Answer:
Helen would travel 63 miles in one hour. Also known as -
|| 63 miles per hour ||
Explanation:
In order to find how far she would travel in one hour we first have to see how far she traveled in all. Which would be 567 miles. We know she took 9 hours to travel this far. By dividing 567 miles by 9 hours then we can find out how far she traveled in one hour. So 567/9 = 63.
Have a good rest of your day. I hope this helps! ^^
A company that makes custom staircases uses computer modeling to ensure that the process used makes the most efficient use of resources and effectively design their products. The company is equipped with __________ technology.
A company that makes the most efficient use of resources and effectively design for their product is equipped with management technology.
What is management technology?It is the efficient use of organization resource under some set of management disciplines that helps the industry or organization to produce efficiently.
The firm manages the production process using some key principles and output more efficient.
Therefore, The company is equipped with management technology.
Learn more on management technology here,
https://brainly.com/question/14688347
A regional group of countries with a common external tariff, no internal tariffs, and coordinated laws to facilitate exchange among members is the definition of:
The European Union serves as a regional group of countries with a common external tariff, no internal tariffs, with coordinated laws.
What is European Union all about?European Union can be described as an international organization with 27 European countries as well as governing common economic, social goal.
They do facilitate exchange of ideas among members.
Learn more about European Union at;
https://brainly.com/question/11356270
Carter invested $3,900 in an account paying an interest rate of 3. 9% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 5 years?
$822.18 is how much earned interest so add $3,900 and you get $4,722.18
Answer: 4700
Explanation:
Derek's friend, Jackson, is asking to borrow today with a promise to repay $7,418.87 in four years. If Derek could earn 5.45 percent annually on the any investment he makes today, how much would he be willing to lend Jackson today
The amount Jackson would be willing to lend is $6,000.
How much would Jackson be willing to lend?In order to determine the amount Jackson would be willing to lend, the present value of the amount Dereck would repay in 4 years. Present value is the sum of discounted cash flows.
Present value = $7,418.87 / (1.0545^4) = $6,000
To learn more about present value, please check: https://brainly.com/question/26537392
The difference between a company's strategy and a company's business model is that.
The Difference between a company's strategy and a company's business model is: company's strategy explain how a company will use the money they make and a company's business model explain how company make their money.
Difference between a company's strategy and a company's business modeA company business model tend to show how an organization or company function including how they generate revenue .
While a company's business strategy tend to tell what the company will use the money they make or generated for .
Inconclusion a company's strategy explain how a company will use the money they make and a company's business model explain how company make their money.
Learn more about company's strategy and a company's business model here:https://brainly.com/question/24448358
True or false: All final purchases of plant, machinery, and equipment in a given time period are included as gross investment.
Answer:
mira eso es muy fácil yo me lo sé pero no es de consultar en el internet as lo con tu mente que facil
A business goes to the trouble and expense of segmenting its markets when it expects that this extra effort will
When a business extra effort is expected to increase profit, they will incur an expense of segmenting its markets.
What is market segmentation?A market segmentation refers to segregating market into element that includes age, gender, occupation, income etc
In conclusion, when the business extra effort is expected to increase profit, they will incur an expense of segmenting its markets.
Read more about market segmentation
brainly.com/question/8903427
Consumer surplus is equal to the difference between.
Answer:
Consumer surplus is equal to the difference between the total amount that consumers are willing to pay for a good or service and the total amount that they actually pay.
1. Becoming aware of your _______ is important in knowing yourself. They define who you are, shape your _____________ and _________________, and help you set ______________.
2. You can determine your values by ____________ about what is really ____________ to you. Choosing a __________ that matches your values can help ensure that you will ___________ your _____________. You will also gain a sense of _____________________.
3. Values may ___________ as you go through ___________. However, you may keep a _______ set of values that you ____________ early in your life from people that were ____________ to you. These people may include ___________, _____________, and __________. Values are also influenced by __________ ___________, _____________, and _____________ ________________.
4. In addition, to considering your values, you should pay ____________ to your interests when choosing a career. _____________ are the activities you enjoy doing.
5. Identifying your interests can help you recognize whether you would prefer to work with ________, __________, or ________. Examples of people who work with data are _____________________, ____________________, ________________, and __________________.
6. Now that you have identified some of your values and interests, you should consider your ___________ and _______________. Think of them as the “__________” and “________” of learning a skill.
7. Your _____________ should also influence your career choice. These ____________ and ________________ define who you are as an __________________.
8. Being aware of your own __________________ ___________helps to determine the best way to ___________ something. You will do well in a career that _______ your ___________ learning styles.
As the initial transaction in a new margin account, a customer places an order to buy 100 shares of XYZ stock at $15. The customer must deposit:
Answer:
$1,500
Explanation:
Walmart can achieve a _____ using its relationships with suppliers to create an advantage that, ultimately, allows it to give customers low prices and good customer service.
Answer:
cost leadership/competitive advantage
The most common method of evaluating the economic health of a country is to use metrics that measure the country's ______. Multiple choice question. trade balance economic output currency value consumption of goods and services
Economic output is the most common metrics method of evaluating the economic health of a country.
What is economic output?Economic output as the name implies, measures the value of all sales of goods and services produced in a country. It indicates that the amount of output or income per person in an economy.
Economic output shows how much goods and services produced in a country are sold within a period of time.
Hence, economic output is the most common metrics method of evaluating the economic health of a country.
Learn more about economic output here: https://brainly.com/question/18633771
When the manager of a local auto repair shop sets goals and then develops a blueprint for how to achieve them, she is
When the manager of a local auto repair shop sets goals and then develops a blueprint for how to achieve them, she is effective.
Being an effective manager
Effectiveness can be defined as the capability of producing the desired result or the ability to produce the desired output.
Since the manager of a local auto repair shop sets goals and then develops a blueprint for how to achieve them, this shows her capability to produce a desired outcome or result due to her preparedness.
Hence we can conclude that the manager is effective.
Learn more on effectiveness here: https://brainly.com/question/26152499
Universal Foods issued 10% bonds, dated January 1, with a face amount of $150 million on January 1, 2021. The bonds mature on December 31, 2035 (15 years). The market rate of interest for similar issues was 12%. Interest is paid semiannually on June 30 and December 31. Universal uses the straight-line method. (FV of $1. PV of $1. FVA of $1. PVA of $1. EVAD of $1 and PVAD of $.1) (Use appropriate factor(s) from the tables provided.) Required:
1. Determine the price of the bonds at January 1 2021
2. to 4. Prepare the journal entries to record their issuance by Universal Foods on January 1 2021, interest on June 30, 2021 and interest on December 31, 2028
Complete this question by entering your answers in the tabs below. Reg Reg 2 to 4 Determine the price of the bonds at January 1, 2021. (Round final answers to the nearest whole dollars.) Table values are based on: Amount Present Value Cash Flow Interest Principal Price of bonds
Reg 1 Rey 2 to 4 >
Based on the information given the price of bonds is $129,352,725
Price of bonds1. Price of the bonds
n=(15 years×2)=30 years
i=(12%/2)=6%
Present value of an ordinary annuity of $1 n=30 I=6%
Present value of an ordinary annuity of $1 =13.76483
Present value of $1 n=30 I=6%
Present value of $1=0.17411
Interest $103,236,225
($150 million ×10%×6/12×13.76483)
Principal $26,116,500
($50 million×0.17411)
Price of bond $129,352,725
($103,236,225+ $26,116,500)
2. January 1, 2021
Dr Cash $129,352,725
Dr Discount in Investment in bonds $20,647,275
($150 million- $129,352,725)
Cr Bonds payable $150,000,000
(To record purchase of bonds)
3. June 30
Dr Interest expenses $8,188,243
[($150,000,000 + ($7,500,000 x 30) - 129,352,725]/30
($ 245,647,275 / 30 = $8,188,243)
Cr Discount on Bond Pay $688,243
Credit Cash $7,500,000
($150 million ×10%×6/12)
(To record interest paid)
4. Dec 31
Dr Interest expenses $8,188,243
[($150,000,000 + ($7,500,000 x 30) - 129,352,725]/30
($ 245,647,275 / 30 = $8,188,243)
Cr Discount on Bond Pay $688,243
Credit Cash $7,500,000
($150 million ×10%×6/12)
(To record interest paid)
Inconclusion the price of bonds is $129,352,725
Learn more about price of bonds here:https://brainly.com/question/25596583
Under the __________, NO writing is required where the guarantor makes a collateral promise for the main purpose of obtaining some personal economic advantage
The blank space should be filled with; Statute of fraud.
Provisions of the Statute of FraudWithin the provisions of the statute of fraud; no writing is required where the guarantor makes a collateral promise for the main purpose of obtaining some personal economic advantage. On this note, it follows that any contract that creates or transfers an interest in land is within the statute of frauds.
Read more on Statute of fraud;
https://brainly.com/question/6771938
Which section of the business plan details and outlines the authority structure that exists inside the company?.
Organizational Structure" or "Management and Organization" section of the business plan details and outlines the authority structure that exists inside the company.
The "Organizational Structure" or "Management and Organization" component of a business plan is the section that describes and specifies the authority structure that exists within the company.
This section gives a general overview of the structure of the business, outlining the responsibilities, functions, and hierarchies of the important people and departments.
The "Organizational Structure" or "Management and Organization" part plays a key role in persuading prospective lenders, investors, and other stakeholders that the company has a well-defined and qualified team in place to lead and manage the business successfully.
Learn more about Organizational Structure here:
https://brainly.com/question/23967424
#SPJ12
