Answer:
The PED is -0.4 and the demand for Reena's gloves is inelastic.
Explanation:
The price elasticity of demand(PED) measures the responsiveness of demand to changes in price of the product. If the PED is more than 1 than the demand is said to be elastic while if it is less than 1 than demand is inelastic.
PED = % change in Quantity demanded / % change in Price
PED = [(8 - 10) / 10] / [(6 - 4) / 4]
PED = -0.4
The demand for Reena's gloves is inelastic as PED is less than 1. The minus sign represents that it is a normal good.
Avery is writing a marketing plan for his toy company. Which of the following should be included in the plan to help him understand how other toy companies are marketing? Choose the answer. budget competition pricing brand image goals
The item that Avery should include in his marketing plan to help him understand the marketing of other toy companies is B. Competition planning.
What is a marketing plan ?An organization's advertising strategy for generating leads and reaching its target market is outlined in a marketing plan, which is a practical document. A marketing strategy outlines the outreach and PR initiatives that will be implemented over time, along with how the business will evaluate their success.
The target market, the brand's or product's value proposition, the campaigns to launch, and the metrics to be applied to judge the success of marketing initiatives are all identified in the plan.
Avery should therefore include the pricing of the competing toy companies so as to properly market his own company.
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If Avery is writing a marketing plan for his toy company. The statement that should be included in the plan to help him understand how other toy companies are marketing is: D. brand image.
What is brand image?Brand image can be defined as what companies use to market or advertise themselves to potentials customers. Brand image help to create product awareness and enables product to reach the target audience.
Based on the given scenario Avery should make use of brand image as this will him understand how other toy companies are marketing.
Therefore the correct option is D.
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(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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Liquidity ratios indicate the degree to which a firm can
A.generate sufficient profit from its assets.
B.produce adequate dividends.
C.satisfy its creditors in a timely fashion.
D.finance its assets.
Answer:
A
EXPLANATION:
Fill in the blanks with the category of the expanded accounting equation (assets, liabilities, stockholders' equity, dividends, revenues, expenses). Check your spelling carefully and do not abbreviate.
Inventory Retained Earnings
Dividends Cost of Goods Sold
Utilities Payable Service Revenue
Accounts Payable Rent Expense
Answer:
a. Inventory: Assets
b. Dividends: Dividends
c. Utilities Payable: Liabilities
d. Accounts Payable: Liabilities
e. Retained Earnings: Stockholders' equity
f. Cost of Goods Sold: Expenses
g. Service Revenue: Revenue
h. Rent Expense: Expenses
Explanation:
a. Inventory: Assets
As inventory is owned by the company for the purpose of generating cash, it is considered an asset. They are current assets since they must be sold within a year.
b. Dividends: Dividends
Dividends refer a portion of a company's profits that is paid out to its shareholders.
c. Utilities Payable: Liabilities
Utilities payable are liabilities since they represent utilities that the corporation is yet to settle. Utilities payable are current liabilities item since they have to be paid within a year.
d. Accounts Payable: Liabilities
Amounts owed to vendors or suppliers for products or services received but not yet paid for are referred to as accounts payable. They are current liabilities item since they have to be paid within a year.
e. Retained Earnings: Stockholders' equity
Profits that were not distributed to shareholders are known as retained earnings. However, because they are still owned by the shareholders, they are classified as equity.
f. Cost of Goods Sold: Expenses
The direct costs of manufacturing the goods that a company sells are referred to as COGS. This is an income statement item.
g. Service Revenue: Revenue
The income a corporation earns from providing a service is referred to as service revenue. This is also an income statement item.
h. Rent Expense: Expenses
The cost incurred by a firm to use a property or location for business purposes is referred to as rent expense. Rent Expense is also an income statement item.
It's clear that the lives of many creative artists are being transformed by digital technology. But competing schools of thought cite the very same technology in support of strikingly different conclusions.
One group, for example, says the ability to widely distribute the best performers' products at low cost portends a world where even small differences in talent command huge differences in reward. That view is known as the "winner take all" theory.
In contrast, the "long tail" theory holds that the information revolution is letting sellers prosper even when their offerings appeal to only a small fraction of the market. This view foresees a golden age in which small-scale creative talent flourishes as never before.
Long-tail proponents often portray best-selling entertainment as lowest-common-denominator compromises whose only real advantage is lower cost made possible by large-scale distribution and sales. If technology makes scale less important, they argue, people will turn to the more idiosyncratic offerings that they really prefer. In principle, at least, this creates exciting new possibilities for small-scale sellers.
In practice, however, winner-take-all effects still appear to dominate. Long-tail proponents predict that the least-popular offerings should be capturing market share from the most popular. But as Anita Elberse, a professor at the Harvard Business School, recounts in her 2013 book "Blockbusters", the entertainment industry's experience has been the reverse. Digital song titles selling more than one million copies, for example, accounted for 15 percent of sales in 2011, up from 7 percent in 2007. The publishing and film industries experienced similar trends.
What's happening? One possibility is that today's tighter schedules have made people more reluctant to sift through the growing avalanche of options confronting them. Still, the growing market share of top sellers doesn't invalidate the promise of small-scale creative energy. Using big data, producers can now take aim at highly idiosyncratic buyers, and online searches help many such buyers find just the quirky offerings they're seeking.
Your 3-5 sentence summary:
Answer and Explanation:
Artists' lives have been changed by digital technology. This has created different schools of thought such as the "winner take all" theory, which claims that delivering high quality products at low cost will create a world where small differences in talent demand large differences in reward, and the "long tail" theory, who claims that digital technology is creating a small portion of sellers that the market will adapt to, promoting low-cost products. These two theories are effective in different realities. However, the existence of both proves the change that programming and technology has been showing in entertainment and in the market.
According to the passage, there are two main schools of thought.
The first is the Winner take all school of thought which is of the opinion that digital technology which provides the opportunity to widely distribute the best performers' product at low cost where little differences in talent could translate to huge rewards in the market.
The second is the long tail school of thought which posits that sellers are large beneficiaries even when they control a little market share.
Anita Elberses' 2013 book "Blockbuster" reveals that a reverse trend was observed in the entertainment industry which could also be said about the publishing and film industries.
It is worthy to note that although there is an exponential growth in available options, buyers can use online search to streamline the product they wish to buy.
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I need help on the first question , it's asking more or less
Answer:
more
Explanation:
As the economy increases, the need for property rights also increases, it's pretty widely accepted that property rights provide incentives to participate in the market.
How can events in a process costing system affect financial statements? Provide examples.
The inventory costing asset account, which shows up on the balance sheet, is where the costs associated with units produced or in production are financial recorded.
The cost is transferred to the cost of goods sold account when the goods are eventually sold, where it appears on the income statement. Financial Process costing is a type of costing that's primarily utilized costing in manufacturing, where products are mass-produced constantly using one or more processes. Examples of this include producing chemicals, erasers, or processed foods. Instead of tracking expenses for each individual item, organizations that use process costing follow the flow of costs from department to department.
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When two or more people get together for the purpose of circumventing prescribed controls, it is called:______
a. Collusion
b. Assignment of Responsibilities
c. A Division of Duties
d. Fraud Prevention
Answer:
a. Collusion
Explanation:
Collusion can be defined as an illegal, secret and uncompetitive agreement between rivalry parties in attempt to destroy the market equilibrium through actions such as illegal-pricing.
Hence, when two or more people get together for the purpose of circumventing prescribed controls, it is called collusion.
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The main purpose of internal controls is to guarantee that loss is eliminated as there's an accurate and reliable accounting system.
An internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.
Hence, internal controls if properly executed helps to increase operational efficiency, protect and safeguard assets, provides accurate financial information, prevents fraudulent or unlawful behaviors, timeliness of financial records and reporting
if you have 15000 today amd you want to have 16000 next year, what interest rate would you want to have to earn on your money over the one year period?
The interest rate might you won't earn on your money over the one-yr length interest = P x R x N.
Right here's the simple interest formula: hobby = P(15000) x R x N. P = essential amount (the start stability). R = interest price (16000-15000)(typically in line with 12 months, expressed as a decimal). N = wide variety of time periods (generally one-12 months time periods).]
An interest rate tells you the way high the value of borrowing is, or high the rewards are for saving. So, if you're a borrower, the interest fee is the amount you're charged for borrowing cash, shown as a percent of the overall amount of the mortgage.
in the case of cash you own, such as a financial savings account, interest is the quantity you earn while you permit a person else to use or keep your funds. for instance, if you borrow $5,000 at an easy interest price of 3% for five years, you may pay a total of $750 in the hobby. The method for the simple hobby is A = P (1 + rt).
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Provide a full definition and explanation of MRP and its practical application.
Identify one large distributor such as Walmart, Costco, Sam’s Club, and one small distributor or mom-and-pop shop.
Explain the strategies utilized by a large distributor and a small distributor in context to an MRP.
Identify the variances and the requirements of an MRP.
Create a flowchart representing the acquisition of goods and products for both the large and small distributors
Material requirements planning (MRP) is a technique for determining the materials and components needed to manufacture a product.
It is divided into three key steps:
inventorying the available resources and components, deciding which extra ones are needed, and organizing for their manufacture or procurement.What type of MRP does Walmart employ?Wal-Mart mostly uses 3PL (Third Party Logistics), which assists with exception handling, supply chain integration, and other areas of products flow.
What are the goals of material requirements planning (MRP)?In terms of MRP, there are really just two fundamental goals that must be met. They are listed below.
1. Inventory levels have been reduced.
Your MRP system will examine what is required from suppliers and what can be stored in your warehouse, then optimize this so that you do not end up with extra stock.
2. On-time delivery
The MRP process will provide procurement and sourcing teams with the information they need to do their jobs effectively.
The MRP provides information to production teams to help them determine how much to produce, as well as vendors with the necessary supplies.
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From the following facts, prepare a depreciation schedule using the declining-balance method (twice the straight-line rate): (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required.) Volvo truck $ 25,000 Residual value $ 5,000 Estimated life 5 years
Answer:
Depreciation Schedule:
See attachment.
Explanation:
Cost of Truck = $25,000
Residual value = $5,000
Estimated life = 5 years
Method of depreciation = declining-balance method
Depreciable amount = $20,000 ($25,000 - $5,000)
Depreciation rate = 100/5 * 2 = 40%
1st year-end depreciation expense = $10,000 (40% of $25,000)
2nd year-end depreciation expense = $6,000 (40% of $15,000)
3rd year-end depreciation expense = $3,600 (40% of $9,000)
4th year-end depreciation expense = $400
Depreciation cannot exceed $400 for the 4th year because of the residual value of $5,000. With declining method, the residual value is considered at the end of the useful life and not at the beginning.
Declining balance
Beginning of Year 1 Cost = $25,000
Beginning of Year 2 Balance = $15,000 ($25,000 - $10,000)
Beginning of Year 3 Balance = $9,000 ($15,000 - $6,000)
Beginning of Year 4 Balance = $5,400 ($9,000 - $3,600)
Beginning of Year 5 Balance = $5,000
In recording the acquisition cost of an entire business: goodwill is recorded as the excess of cost over the fair market value of identifiable net assets. assets are recorded at the seller's book values. goodwill, if it exists, is never recorded. goodwill is recorded as the excess of cost over the book value of identifiable net assets.
Data collected in a survey:
A. will primarily be qualitative.
B. will only be numbers based.
C. can yield numbers and descriptions.
D. can only be descriptive.
A hot-and-cold water dispenser sells for 8,021.5 pesos. The mark-up on it is 30.5% of cost. Find the cost.
Answer:
1604300 261
Explanation:
explain the following definition of marketing ethics
Answer:
Explanation:
The concept of ethical marketing refers to the way in which companies and / or enterprises market their goods and services: the focus does not only revolve around the benefits of their offer for customers, but also on how they impact on causes and / or responsible actions with society and / or the environment ..
The factor of 'Land' includes more than just farming. Explain this statement.
The Four Factors of Production
Briefing:-Land is both a geographic location and a source of natural resources (examples: water, timber, oil).
Workers are those who can convert raw materials into commoditized commodities or services.
Capital refers to a company's physical assets and the funds it employs to acquire resources.
Why is land deemed to be the most crucial component of production?The key producing factor is thought to be land. The land is abundant in coal, water, and petroleum, all of which are used to produce electricity. Building factories and industries to conduct the production process requires land.
What aspect of agricultural production is most crucial?One of the most crucial elements in the development of crops is soil fertility [10]. It can sustain crop production depending on the full range of its physical, chemical, and biological characteristics.
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A company acquired an asset for $1,200,000 on January 1 of the current year. The asset is depreciated for financial reporting purposes over four years on a straight-line basis (no residual value). For tax purposes, the asset’s cost is depreciated by MACRS. The enacted tax rate is 19%. Amounts for pretax accounting income, depreciation, and taxable income in the four years are as follows:
Year
1 2 3 4
Pretax accounting income $3,700,000 $4,100,000 $4,400,000 $4,900,000
Depreciation on the income statement 300,000 300,000 300,000 300,000
Depreciation on the tax return (399,960) (533,400) (177,720) (88,920)
Taxable income $3,600,040 $3,866,600 $4,522,280 $5,111,080
Required:
For December 31 of each year, determine (a) the cumulative temporary book-tax difference for the depreciable asset and (b) the balance to be reported in the deferred tax liability account.
Note: Each cell requires a formula, even if the result is $0.
The cumulative temporary book-tax difference for the depreciable asset is $772,440 and the balance to be reported in the deferred tax liability account $41,801.52
Calculation of (a) the cumulative temporary book-tax difference for the depreciable asset:
Year 1:
Temporary difference = $300,000 – ($399,960 / 5) = $220,008
Cumulative temporary difference = $220,008
Year 2:
Cumulative temporary difference = $220,008 + $6,360 = $226,368
Year 3:
Cumulative temporary difference = $226,368 + $264,456 = $490,824
Year 4:
Temporary difference = $300,000 – ($88,920 / 5) = $281,616
Cumulative temporary difference = $490,824 + $281,616 = $772,440
Then, (b) the balance to be reported in the deferred tax liability account:
Year 1:
Deferred tax liability = $220,008 x 19% = $41,801.52
Year 2:
Deferred tax liability = $6,360 x 19% = $1,208.40
Year 3:
Deferred tax asset = ($264,456) x 19% = ($50,246.64)
Year 4:
Deferred tax asset = ($281,616) x 19% = ($53,507.04)
Therefore, the balance to be reported in the deferred tax liability account is:
Year 1: $41,801.52
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By comparing prices at different stores, consumers will:
By comparing prices at different stores, consumers will save money and make informed purchasing decisions.
How can comparing prices at different stores benefit consumers?Comparing prices at different stores allows consumers to make informed purchasing decisions and save money. By taking the time to research and compare prices, consumers can identify the best deals and discounts available for the products they intend to buy.
This practice helps them ensure that they are getting the most value for their money. It can also help consumers uncover any price discrepancies or inflated prices allowing them to avoid overpaying for goods and services.
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Think of a good or service you, your family, or your school wants to purchas. Write a paragraph analyzing the costs and benefits of the investment. In your essay, identify how the item will be used, its cost, what resources are available to spend on it, what sacrifices will have to be made to purchase it, the risks of the purchase, and the potential benefits
Answer: Currently, our education system often focuses on a narrow sliver of children’s cognitive development with an emphasis on transmitting content knowledge, often to be memorized and repeated in the same form it was received. Lessons in math, science, and reading—and tests in those skills—dominate the curriculum.
While those subjects are fundamental, learning involves far more than merely acquiring inert knowledge in algebra or chemistry. Such a narrow focus gives short shrift to the ways that children need to grow and learn in their relationships, identity, emotional understanding, and overall well-being. After all, children are multi-dimensional “whole” beings whose development is complex and rich.
Explanation:
Please help with below question
A bond has $10,000 face value and 10 years to maturity. The bond promises to pay a coupon of $1,000. The bond interest is paid annually. The interest rate for similar bonds is 12%.
Required: Determine the following:
A. What is the bond’s terminal value
B. Determine the coupon rate
C. What is the maturity period
D. What is the yield to maturity
E. Determine the value of the bond
A. Terminal value: $10,000.
B. Coupon rate: 10%.
C. Maturity period: 10 years.
D. Yield to maturity: Approximately 12%.
E. Bond value: The sum of the present value of coupon payments and the present value of the face value at maturity.
A. The bond's terminal value is equal to its face value, which is $10,000. This represents the amount that the bondholder will receive at maturity.
B. To determine the coupon rate, we divide the annual coupon payment by the face value of the bond and multiply by 100%. In this case, the annual coupon payment is $1,000 and the face value is $10,000.
Coupon Rate = ($1,000 / $10,000) * 100% = 10%
C. The maturity period of the bond is given as 10 years. This means that the bond will reach its full term and the bondholder will receive the face value of $10,000 at the end of the 10-year period.
D. The yield to maturity (YTM) is the total return anticipated on a bond if it is held until it matures. It is the internal rate of return (IRR) of the bond's cash flows. Calculating the YTM requires finding the discount rate that equates the present value of the bond's cash flows to its current market price. In this case, the bond's coupon payments are $1,000 per year for 10 years, and the terminal value is $10,000.
Using a financial calculator or spreadsheet software, we can find that the yield to maturity is approximately 12%.
E. To determine the value of the bond, we need to calculate the present value of the bond's future cash flows. The cash flows consist of the annual coupon payments of $1,000 and the terminal value of $10,000. We discount these cash flows back to the present using the yield to maturity as the discount rate.
Using a financial calculator or spreadsheet software, we can calculate the present value of the cash flows. The value of the bond is the sum of the present values of the coupon payments and the present value of the terminal value.
Assuming a 12% yield to maturity, we find that the value of the bond is approximately $10,000, which is equal to its face value. This indicates that the bond is trading at par value, as the market price matches its face value.
It's important to note that bond valuation can be more complex when considering factors such as market conditions, risk, and different compounding periods for coupon payments. The provided calculation assumes an annual coupon payment and a simple discounting method using the yield to maturity as the discount rate.
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Identify at least five different careers within the Business, Management, and Administration and Finance career clusters that you could pursue in your home state, and choose the three that appeal to you the most. Of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow in order to obtain that career. Finally, identify at least three colleges, universities, or training programs that are suited to that career choice. You can use the following resources to help you
Answer:
Five careers within the Business, Management, and Administration or Finance clusters that would be interesting to me are treasurer, underwriter, debt counselor, corporate trainer, and public relations specialist. Of those careers, the three that I think would be best suited to my skills and interests are underwriter, corporate trainer, and public relations specialist.
As a public relations specialist, I would work to create positive relationships with the media, community leaders, special interest groups, and others to help boost the image of the company for which I work. I would write press releases, speeches, and other documents as the liaison to the media. As such, it would be important for me to have excellent writing, time management, public speaking, and interpersonal skills. Because the median salary is $55,680 with an average increase in employment from 2012–2022, it could be a great starting-off point that would allow me to get into the field of public relations.
To become a public relations specialist, I would need to start by getting a bachelor’s degree in public relations. Three schools that I would consider attending to get my degree are the University of Southern California–Los Angeles, University of Texas–Austin, and the University of Tennessee. Each of these schools has established programs that offer hands-on experience in the public relations field. They also offer master’s programs in communications, so I could work toward a master’s degree, as well.
Explanation:
Answer:
Of all the jobs within the Agriculture, Food, and Natural Resources and Energy clusters, I think that the following would be the most interesting for me: seismic technician, food scientist, nursery manager, weatherization manager, and zoologist. Of these career options, I think zoologist, food scientist, and nursery manager are the ones that I would consider pursuing. I would truly enjoy being a nursery manager.
I’ve always considered myself to be someone with a “green thumb.” I enjoy gardening, so I think I would love to make a career out of working in a greenhouse with various plants. I would need to learn about the various plants in the nursery: how to care for them, how to identify when they have a disease or pest, and how to treat problems that arise. As the manager, I would also need to supervise the people working in the nursery.
Some of the skills that will help me find success as a nursery manager are creativity and excellent communication, teamwork, leadership, and problem-solving skills. I would also need to complete on-the-job training and an apprenticeship. I think it would be great to get a job working in a nursery while in high school, so I can start training while I’m still in school. It would give me an opportunity to learn from someone with experience in the field.
Although many nursery-related careers require only a certification or on-the-job training, a manager can benefit from getting a bachelor’s degree in horticulture science. Some of the best programs for horticulture science are through Washington State University, University of Florida, or Cornell University. After completing the program, I would hope to open my own nursery where I could sell plants to homeowners, landscapers, or commercial industries.
Explanation:
Children walking on the sidewalk, a person sitting in a parked car, and a parking lot with vehicles entering and exiting indicate a
The scenario you described, including children walking on the sidewalk, a person sitting in a parked car, and a parking lot with vehicles entering and exiting, indicates a typical urban or suburban setting with regular pedestrian and vehicular activity.
What is surbaban setting?It suggests a common scene in areas where there is a mix of residential, commercial, or recreational spaces.
The presence of a parking lot with vehicles entering and exiting indicates a location where people are accessing businesses, establishments, or public spaces. It could be a shopping center, office complex, or any area with a high volume of vehicular traffic.
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The group within an organization that is responsible for monitoring and evaluating the internal control system is called the
Answer:
Audit committee
Explanation:
Internal control is a system of ensuring that an organization's policies and procedures are complied with by its staff in order to protect the company's assets, ensure fraud is eliminated and also ensure financial integrity.
The audit committee ensures that the system of internal control implemented by the management is effective, hence its able to manage the risk inherent in the organization. The committee is also responsible for monitoring and evaluating the system of internal control in an organization inorder to ensure its effectiveness.
Which of the following scenarios involves no opportunity cost?
a. It's Friday night and you stay up late talking and hanging out with your friends.
b. You eat lunch with the chemistry club, which is giving out free pizza for lunch to all who come to their table to get it.
c. Naomi, age 8, is at a bookstore and chooses to buy a book about a young wizard instead of buying a math textbook that she would probably never open.
d. Chez Moi and Chez Nous, two premiere French restaurants with three Michelin stars, both offer you a full-time sous chef job at the same salary. You are ecstatic because you know it is a win-win scenario and choose to work for Chez Nous.
e. All of these scenarios have an opportunity cost.
In each case there is an opportunity cost because for every decision we make, we are forgoing the opportunity to do something else, which is the true cost of our decision.
Explanation:Opportunity cost, in simple terms, refers to the loss or potential gain of other alternatives when one alternative is chosen. Therefore, in each of the described scenarios there is an opportunity cost. In option 'a', the opportunity cost could be a good night's sleep or time that could have been spent doing something more productive. In 'b', even though the pizza is free, the opportunity cost could be spending that time elsewhere or eating something else. In option 'c', Naomi has the opportunity cost of not getting the math book. In case 'd', the opportunity is the other offer you had. Therefore, the correct answer is 'e. All of these scenarios have an opportunity cost.' This is because in every decision, there is always an opportunity cost - the cost of the forgone alternative. The best way to think about opportunity cost is as a trade-off. Whenever we make a decision, we are trading off the opportunity to do something else.
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Why is it difficult to change real capital
Answer:
I don't know
Explanation:
can you help me with my question Enter the coordinates of the point on the unit circle at the given angle. 270° ([?], [ ] Enter
Real capital is defined as tangible resources, such as land, that are used in the creation of goods or services. Since the majority of them are fixed, it is exceedingly challenging to grow to their sizes.
What is economics?The term Economics is the study of scarcity and its inferences for the use of resources, manufacture of goods and services, growth of production and welfare over time, and a great diverseness of other complex issues of vital concern to society.
Economic skillfulness is important because it grants businesses to reduce their costs and change their output. For consumers, economic efficiency leads to lower prices for goods and services
Real capital, often known as real capital (economics) Non-financial capital, such as equipment for manufacturers, sewing machines for tailors, or shovels for gravediggers.
Therefore, By the difficulty, To change the real capital the physical tools that aid in the production of goods or services be there.
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health insurance is designed to cover
At September 30, the accounts of East Terrace Medical Center (ETMC) include the following:
Accounts Receivable $143,000
Allowance for Uncollectible Accounts (credit balance) 3,200
During October through December, ETMC completed the following selected transactions:
Dec. 28 Wrote off as uncollectible the $1,500 account receivable from Brown Co. and the $1,100 account receivable from Jacob Weiss.
Dec. 31 Recorded uncollectible-account expense based on the again of accounts receivable, which follows:
Age of Accounts
Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days
$163,000 $100,000 $40,000 $ 14,000 $9,000
Estimated percent uncollectible 0.1% 1% 10% 30%
1. Record the transactions in the journal.
2. Open the Allowance for Uncollectible Accounts, and post entries affecting that account. Keep a running balance.
3. Show how East Terrace Medical Center should report accounts receivable on its balance sheet at December 31, 2007
Where do deleted files go?
into the My Computer folder
into the My Documents folder
into the Recycle Bin
into the system tray
Answer:
the correct answer is into the recycle bin
Explanation:
Answer:
b
Explanation:
An informal trade barrier is created by government actions.
Oa. True
Ob. False
If 15,000 fans bought tickets totaling $450,000, what was the average price per ticket?
Answer:
$30
Explanation:
450,000 ÷ 15,000 = 30
The average price per ticket is $30.
What is Average?In mathematics, the Average value—which is determined by dividing the sum of all the values by the total number of values—is the average value in a collection of numbers.
To calculate the average of a collection of data, add up all the values and divide the result by the total number of values.
According to the given question, total number of fans are 15,000 and amount of total tickets are $450,000.
Average price per ticket can be computed as follows:-
Average = Total Amount ÷ Number of Observations
= 450,000 ÷ 15,000
= 30
Therefore, it can be concluded that the average price per ticket is $30.
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