Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $104,500, allowance for doubtful accounts of $665 (credit) and sales of $925,000. If uncollectible accounts are estimated to be 0.5% of sales, what is the amount of the bad debts expense adjusting entry? A. $4,625 B. $3,960 C. $5,290 D. $4,750 E. $4,825 57,1 17.

Answer:

Business is the source of employment. It creates employment opportunities for a large number of people in any country. Various types of employees are required both in management and technical jobs of business. The development of industry and commerce is helping to solve the employment problems of the nation.

Business improves the quality of life in two ways. Firstly, it provides high-quality goods and service to the people required for their enjoyment, comfort, and health. Secondly, a business offers employment opportunities to the people by which they can generate income and improve the quality of life.

Businesses help the society first through the distribution of goods and services which are essential for survival. Furthermore, they create employment opportunities that help individuals within the society earn an income to afford their needs.

Explanation:

Because of the mutual level of respect among all the employee, thus, the company is creating a feeling of community.

Basically, a community feeling refers to one where each component of the group embraces and shared faith that their needs will be met through commitment and togetherness.

Here, the philosophy of the company made it important for employees to contribute to achieve the company's goals, thus, leading to mutual level of respect among them.

In conclusion, the company is creating a feeling of community.

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The amount of $3,000 that Taylor Enterprises received from the sale of the equipment would not appear in the operating activities section of the statement of cash flows using the indirect method.

In the statement of cash flows using the indirect method, a gain or loss on the sale of equipment is listed separately in the nonoperating activities section.  The original cost of the equipment and the accumulated depreciation would also not appear in the operating activities section, as they are non-cash expenses. For the purpose of calculating net cash flow from operating activities, the change in the balance of the accounts receivable, inventory, and accounts payable from the beginning of the period to the end of the period is used.

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True, individuals can elect to deduct both their state and local income taxes and their sales/use taxes paid as itemized deductions on Schedule A.

In the United States, individuals have the option to deduct either their state and local income taxes or their sales/use taxes paid as itemized deductions on Schedule A of their federal income tax return. This provision allows taxpayers to choose the deduction that provides them with the greater benefit. In the past, taxpayers were allowed to deduct only their state and local income taxes paid. However, the Tax Cuts and Jobs Act (TCJA) enacted in 2017 introduced the option to deduct either state and local income taxes or sales/use taxes paid. This change was made to provide flexibility and accommodate taxpayers residing in states with high sales taxes but no state income taxes. Taxpayers can determine which deduction is more advantageous for them by comparing the amount of state and local income taxes paid versus the amount of sales/use taxes paid.

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The key difference between a rational expectations perspective and an adaptive expectations perspective is in how individuals form their expectations about future economic outcomes.

Rational expectations assume that individuals have access to all relevant information and adjust their expectations instantly, leading to quick changes in prices. Adaptive expectations, on the other hand, assume that individuals have limited access to information and adjust their expectations gradually, based on past experiences and real-time data. This difference in expectations has important implications for economic decision-making, including the role of government policies. Government agencies tend to rely on rational expectations due to their access to more comprehensive data, while the public at large tends to hold adaptive expectations. Understanding these perspectives can help economists better anticipate and respond to economic changes, whether they happen quickly or slowly. In summary, the difference between rational and adaptive expectations is in how individuals process information and adjust their expectations accordingly.

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Answer:

Roxy should budget 2165. per year. So maybe a monthly of 144 for the average of the total. For the year I added all the months together and then monthly I added them together and then divided the total by 12 and the average is 144 a month.

Explanation:

If you add them all together that is the total. I hope this helps. But the utilities could be different where she is going.

Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.

Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

Therefore, the Option D is correct.

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Answer- $ 54.74

Explanation-

= ($440,000 ÷ 12,000) + [($80,000 + 4,800 ($36.67 – $38.00)) ÷ 6,000]  / (1-0.106)

= 48.936 / 0.894

= $ 54.74

Finance encompasses banking, leverage or debt, credit score, capital markets, money, investments, and the advent and oversight of financial systems. basic economic standards are based on microeconomic and macroeconomic theories.

There are two most important purposes of the finance feature: to offer the monetary records that other business features require to perform efficaciously and correctly. to assist business making plans and choice-making.

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Answer:

D. Retail prices of products

Answer:

The Gross Domestic Product measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time.

Explanation:

Answer:

Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...

Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...

Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.

Explanation:

Answer:

Give consumers copies of their credit reports.

Explanation:

In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.

The Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968 is a federal law of the United States of America that was enacted by the 91st US Congress and signed into law by President Richard Nixon on the 26th of October, 1970.

The main purpose of this federal law is to protect consumer reports and information by promoting accuracy, fairness, and privacy collected by consumer reporting agencies.

However, the Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968, do not require that lenders give consumers copies of their credit reports.

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.

Answer:

ufff

Explanation:

exam s are over Best Of Luck ! ❤️❤️

Answer:

i am

Explanation: hey it me mat, i know its been a while and you problably forgot about me by now but. im sorry and id like to talk.

The yield of the municipal bond must be 5.32% for the investor to prefer it over the corporate bond.

To determine the yield that municipals must offer for the investor to prefer them to corporate bonds, we need to compare the after-tax yields of the two types of bonds.

First, let's calculate the after-tax yield of the corporate bond:

After-tax yield of corporate bond = Yield of corporate bond x (1 - Combined tax rate)

where the combined tax rate is the sum of the federal and state tax rates. So, for an investor in a 30% combined federal plus state tax bracket:

Combined tax rate = 30%

After-tax yield of corporate bond = 8% x (1 - 0.30) = 5.6%

Next, we need to determine the yield that municipals must offer for the investor to prefer them to corporate bonds. Municipal bond interest is generally tax-exempt at the federal level and, in some cases, also at the state level. So, we need to calculate the equivalent taxable yield of the municipal bond:

Equivalent taxable yield of municipal bond = Yield of municipal bond / (1 - State tax rate)

where the state tax rate is the tax rate on bond interest income at the state level.

Let's assume that the state tax rate for the investor is 5%. Then, the equivalent taxable yield of the municipal bond is:

Equivalent taxable yield of municipal bond = Yield of municipal bond / (1 - 0.05)

To find the yield that makes the investor indifferent between the two bonds, we set the after-tax yield of the municipal bond equal to the after-tax yield of the corporate bond:

Yield of municipal bond / (1 - 0.05) = 0.056

Solving for the yield of the municipal bond, we get:

Yield of municipal bond = 0.056 x (1 - 0.05) = 5.32%

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This letter would be especially useful when you're researching the topic reaction to classed newspaper advertisements for teenage job category preferences.

The correct response is c.

A newsletter is a regular e - mail sent by an individual or company that contains news, updates, and compiled subject matter from the topic for which you signed up.

noun. a written report issued on a regular basis, typically by the a business, organisation, or other organisation, that tries to present news and information to people who have a particular interest in the company or subject our co-monthly op's newsletter is an employee newsletter.

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An increase in the savings rate in the Solow model leads to a higher level of capital accumulation and a higher long-run steady-state level of output per capita. This occurs because a higher savings rate increases investment, which boosts the rate of capital accumulation and leads to greater productivity and output in the long run.

In a closed economy, the national accounting identity states that investment is limited to available savings. This is because savings represent the portion of income not consumed and are available for investment.

If the assumption of a closed economy is dropped, it allows for the possibility of borrowing or lending from foreign countries, which can increase investment beyond available savings or reduce investment below savings.

6. In the Solow model, an increase in the savings rate leads to higher investment. This increased investment results in a higher rate of capital accumulation, as more resources are devoted to the production of capital goods. With a higher capital stock, productivity and output per capita increase in the long run.

The economy reaches a new steady-state level with a higher level of output per capita compared to the initial steady state. This demonstrates the positive impact of increased savings on long-term economic growth.

In a closed economy, the national accounting identity is given by Y = C + I, where Y represents total output, C is consumption, and I is investment. Since all output is either consumed or invested, investment is limited to available savings. This means that investment cannot exceed the amount of savings in the economy.

However, in an open economy, the assumption of a closed economy is dropped, allowing for the possibility of borrowing or lending from foreign countries.

This opens up the option for investment to be financed by external sources, such as borrowing from abroad. In this case, investment can exceed available savings, leading to increased investment levels. Conversely, if the economy has excess savings, it can lend to other countries, reducing domestic investment below savings.

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Answer:

true

Explanation:

it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall

Answer:

True

Explanation:

have a good day

Answer:D

Explanation:

A entrepreneur own their business so they have to do everything

Answer:

So why does a company hire a person?

Explanation:

It isn’t to have more people around. The goal of any company isn’t to rack up its number of employees. In fact, the goal of most companies is generally the exact opposite to that, to have the fewest employees possible it needs to be successful.

Less and less do companies hire because they need a very specific task done. In the days of old, companies would hire someone to do the same task over and over again, like hammering the same nail to connect the same two parts all day long. Most of those jobs now are automated, as employers have found cheaper and often more productive alternatives to humans for that work.

No, to understand why employers hire, instead of just using a piece of software or a robot, one first has to understand the unique value proposition a human has. What is it? Well, really it has everything to do with our brain, and our unique ability to conjure up creative solutions to complex problems.

An employer hires a person because their unique value proposition, i.e. generally their ability to think, fixes a business problem they face and there are no other cheaper or more effective alternatives.

For example, a company hires a marketer because they face a business problem: a lack of customers. The marketer’s job is to increase the amount of customers anyway they can, whether it be through email marketing, social media, publicity stunts, etc. The marketer’s job is to constantly solve a problem – in this case getting more customers – that cannot be solved by a machine.

Because most of the jobs that require minimal thought have become or soon will become automated, the jobs that are left require someone who is creative, can learn quickly and is always willing to adapt to new problems thrown their way. So the question therein lies for the employer: how do you figure out who those people are?

The answer is not to look at a pile of resumes and select the two or three best to bring in for an interview. The answer is to screen all candidates through an interview, perhaps best done using a program like VoiceGlance, and ask them challenging questions that reveal those candidates’ line-of-thinking. With that information, companies can discover the employees they really want – the problem solvers – who will lead them to success.

The reason why I think business organization needs to hire people is:

According to the given question, we are asked to show the reason why I think business organization need to hire people and how it affects business.

As a result of this, we can see that a business organization has to hire people so that they can help with the production process which is important as they would be in charge of the branding, packaging, marketing and other aspects of business.

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A gene is considered dominant if it is expressed both in homozygous and heterozygous condition. The correct answer is option C.

The term "dominant" in genetics indicates a type of gene that will always be expressed if present. When a dominant gene is present, it will always show up and mask any recessive genes that are also present. The recessive gene only shows up if the dominant gene is not present.

The expression of dominant genes in both homozygous and heterozygous conditions suggests that if an individual has either a homozygous or heterozygous condition, the dominant gene will be present in the offspring. As a result, both homozygous and heterozygous conditions are necessary for dominant genes to be present. An example of a dominant gene is brown eye color. Brown eyes are dominant over blue eyes.

Therefore, if an individual has one brown-eyed parent and one blue-eyed parent, they will have brown eyes because the brown eye color gene is dominant and always expressed. In a case where both parents have brown eyes, their child may have either brown or blue eyes, depending on whether or not they are carriers of the recessive blue eye color gene.

The answer, therefore, is option C.

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Answer:

$8,484.85

Explanation:

Fixed costs = $1,600

Depreciation = $1,200

Tax rate = 35%

Cost of capital = 12%

Variable costs = 67% of sales

Desired sales = (Fixed cost + Depreciation) / Contribution ratio

Desired sales = ($1,600 + $1,200) / (1 - 67%)

Desired sales = $2,800 / 0.33

Desired sales = 8484.84848485

Desired sales = $8,484.85

The minimum level of sales that Corner Market must obtain to avoid a net loss on its income statement is $8,484.85.

Answer:

It is good

Explanation:

Alicia would have an easier time splitting money and saving money towards different goals. Such as putting 40% of your paycheck into savings and splitting the 40% into 10% for each savings account.

In the world of business, there are some organizational resources that can account for the difference between book value and market value. Brand, human resources, reputation, and knowledge are four resources that can influence the market value of a company.

Of these resources, brand can have a particularly significant impact on a company's value. A company's brand represents its identity, personality, and reputation in the marketplace. The more recognizable and respected a brand is, the more valuable it becomes. The impact of a brand on a company's market value can be significant. A strong brand can be the difference between a company that is valued at book value and one that is valued at a premium.

In fact, studies have shown that a company's brand can account for 30-70% of the difference between book value and market value.

In conclusion, a company's brand is an essential resource that can impact its market value significantly. A strong brand can increase a company's value by 30-70% over its book value. Therefore, companies should focus on building and maintaining a strong brand to maximize their market value.

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Answer:

A. true

Explanation:

Exercise helps people lose weight and lower the risk of some diseases. Exercising regularly lowers a person's risk of developing some diseases, including obesity, type 2 diabetes, and high blood pressure. Exercise also can help keep your body at a healthy weight. Exercise can help a person age well.

If the unemployment rate is 10%, the relevant fiscal policy action would be to A. increase government spending.

When government spending is increased, it would lead to more jobs in the economy as the government hires people for projects.

Unemployment would also decrease as companies hire more people to produce as they receive more demand based on the increased government spending.

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