The Allowance for Doubtful Accounts has a credit balance of $5,000. Net credit sales for the year were $900,000. Four percent is the estimated uncollectible based on net credit sales. Calculate the amount of the adjustment, for the allowance for doubtful accounts, using the income statement approach.
Amount of the adjustment ________

Answer:

Solution,

Using substitution method,

y + x = 4

Move 'x' to the left hand side and change its sign:

y = 4 - x --------> equation (i)

Now,

2y - X = 5

putting the value of y from equation (i)

2( 4 - x ) - X = 5

8 - 2x - x = 5

8 - 3x = 5

- 3x = 5 - 8

- 3x = - 3

The difference sign (-) will be cancelled in both sides

3x = 3

3x/3 = 3/3

X = 1

Value of X is 1

Now, replacing the value of X in equation (i)

y = 4 - x

= 4 - 1

= 3

Value of y is 3

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Answer:

my idea of success is accomplishing all of one's goals.

Resource renewal is the process through which an economy's production possibilities curve shifts outward.

It is a graph that shows the possibility of production of two commodities when resources are fixed. It occurs when the resource for manufacturing a product is limited.

When the curve is shifted outward or outside it indicates that there is a need for resources to be renewed.

Therefore, Resource renewal occurs when the economy's production possibilities curve shifts outward.

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1. The Expected Constant-Growth Rate Of Dividends is 19.87% for a stock currently priced at $76, The expected constant-growth rate of dividends is that just paid a dividend of $1, and has a required return of 15%.

2. Jefferson's recently paid an annual dividend of $3 per share. The dividend is expected to decrease by 2% each year. How much should you pay for this stock today if your required return is 11% (in $ dollars)? $23.08.

1. The Expected Constant-Growth Rate Of Dividends is 19.87% for a stock currently priced at $76, The expected constant-growth rate of dividends is that just paid a dividend of $1, and has a required return of 15%.

The expected constant-growth rate of dividends for a stock currently priced at $76 with a required return of 15% is 19.87%.

To calculate the expected constant-growth rate of dividends (g), we will use the Gordon growth model. The Gordon growth model is a widely used method for valuing the stock of a company that pays dividends and has a constant growth rate.

Here's the formula for the Gordon growth model:

P0 = D1 / (k - g)

Where:

P0 = current stock price

D1 = next year's expected dividend

k = required rate of return

g = expected constant-growth rate of dividends

Given: P0 = $76D1 = $1k = 15%

Substituting the values into the formula, we get:

76 = 1 / (0.15 - g)

76(0.15 - g)

g = 1-11.4g

g = 1 - 76(0.15)

g = 19.87%

Therefore, the expected constant-growth rate of dividends for a stock currently priced at $76 with a required return of 15% is 19.87%.

2. Jefferson's recently paid an annual dividend of $3 per share. The dividend is expected to decrease by 2% each year. How much should you pay for this stock today if your required return is 11% (in $ dollars)? $23.08.

To calculate the price of a stock, we will use the constant growth model.

The formula for the constant growth model is as follows:

P = D / (k - g)

Where:

P = price of stock

D = expected dividend one year from now

k = required rate of return

g = expected constant-growth rate of dividends

Given:

D = $3k = 11%g = -2%

Substituting the values into the formula, we get:

P = 3 / (0.11 - (-0.02))

P = 3 / 0.13P

P = 23.08

Therefore, the amount you should pay for this stock today if your required return is 11% is $23.08.

In summary, we use the Gordon growth model to calculate the expected constant-growth rate of dividends. The formula for the Gordon growth model is P0 = D1 / (k - g), where P0 is the current stock price, D1 is the next year's expected dividend, k is the required rate of return, and g is the expected constant-growth rate of dividends.

On the other hand, we use the constant growth model to calculate the price of a stock. The formula for the constant growth model is P = D / (k - g), where P is the price of a stock, D is the expected dividend one year from now, k is the required rate of return, and g is the expected constant-growth rate of dividends.

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The statement "An employee cannot have a cause of action for being a victim of same sex harassment." if False.

The statement "An employee cannot have a cause of action for being a victim of same-sex harassment" is false. Employees, regardless of their gender or sexual orientation, are protected from harassment in the workplace under various laws, including Title VII of the Civil Rights Act of 1964 in the United States.

Title VII prohibits workplace harassment based on sex, which includes same-sex harassment. The Equal Employment Opportunity Commission (EEOC), the federal agency responsible for enforcing Title VII, has consistently held that same-sex harassment is a form of sex discrimination and is actionable under the law.

Employees who experience same-sex harassment may have a cause of action and can file a complaint with the EEOC or pursue a legal claim against their employer. The same legal standards and protections against harassment apply regardless of the genders involved.

It is important for employers to create a work environment free from all forms of harassment, including same-sex harassment, and to promptly address any complaints or reports of harassment to ensure a safe and inclusive workplace for all employees.

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Answer:

May it will help you

Explanation:

1) Notice board

2) Book of introduction

3) Institutions work working under the ministry of labour

4) Authority of human resources

5) Manifestos of training institutions

6)Web site

7) Newspapers

8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.

They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.

9)Radio and television

Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.

Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.

Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.

Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television

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Answer:

In case is relatively more capital intensive & Wrap it up relatively more labour intensive.

Explanation:

Comparing 'In Case' cases for smart phones & 'Wrap it up' gift wrapping service

Land fixed cost requirements for both are same. However, In case needs less labour & more inventories, equipment expense. Wrap it up needs more labour, less inventory, equipment expense.

So, In case is relatively more capital intensive & Wrap it up relatively more labour intensive.

Answer:

The correct answer is In Case will require a less costly investment in labor, while Wrap It Up will require less capital in the long term.

Explanation:

Explanation: They are comparing different things but in the same purpose. Which actually makes the comparison valid and correct.

the cost price of the product is 9639.10 if the selling price is R12800 and the profit margin is 33%.

If the selling price of a product is R12800 and the profit margin is 33%, we can calculate the cost price by using the following formula:Cost Price = Selling Price / (1 + Profit Margin)Substituting the given values, we get:

Cost Price = 12800 / (1 + 0.33)

Cost Price = 12800 / 1.33

Cost Price = 9639.10 (rounded to two decimal places)Therefore, the cost price of the product is R9639.10 if the selling price is R12800 and the profit margin is 33%.It is important to note that the profit margin is calculated as a percentage of the cost price, not the selling price. So, if the profit margin is 33%, the cost price is 67% of the selling price

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Answer:

I think D is correct answer

The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

The information related to the profit is as follows:

Therefore all the other options are incorrect.

Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

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Answer:

the height is 4.

Explanation:

I had a problem like this on a test before

Answer:

c.

Explanation:

because it is busineas

Answer:

Statue of limitations

Explanation:

Answer:

The answer is provided below

Explanation:

If the regulators of LWE want to make sure that there is no deadweight loss in this​ market, they would impose a price of $1 at the point the marginal cost cross the demand curve.

If a price of $1 is imposed, the quantity (Q) = 60 - P = 60 -1 = 59 per customer. The profit would be $1 * 59 * 1010 - (575 + 2(59*1010)) = -$60165. There wound need to subsidize about $60165 so as to operate at this price.

consumer surplus = 0.5 * 59 * 59 = 1740.5 per customer to give a total of 1757905 (1740.5 * 1010)

1.) The creator wants to show that free trade agreements involve harm to potential users to benefit the traders. 2.) Creator wants to show free traders as super fat (rich) cooks harming younger generations for profit.

Free trade can compel regional industries to up their game and rely less on government support. They have the power to attract new investments, expand markets, and boost GDP. FTAs can expose a nation to issues with local employment, the degradation of natural resources, and the loss of traditional livelihoods.

The first cost has to do with potential industry adjustment costs. The second is the potential for higher transaction costs as more varieties are available.

Government policies that impede international trade in order to support domestic industries are referred to as protectionism. However, they can also be implemented due to safety or quality concerns. Protectionist policies are typically implemented to increase economic activity within a domestic economy.

By enforcing tariffs or other trade restrictions, a protectionist trade policy enables the government of a nation to support domestic producers and thereby increase domestic production of goods and services.

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Answer:

Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.

Today, specialty stores thrive due to the increased use of market segmentation and market targeting.

Retailers that specialize in marketing specialty stores offer a wide range of goods in specific niches. Furniture stores, flower shops, sporting goods stores, and bookstores are examples of specialty retailers. Retailers (large and tall clothing) such as DXL Big + Tall and The Athlete's Foot (selling only athletic shoes).

E-commerce, also known as electronic commerce, is the transfer of products or services, funds, and data over electronic networks, most commonly the Internet. These business transactions can be B2B, B2C, C2C, or C2B (business-to-business, consumer-to-consumer, or business-to-business).

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Answer:

$ 7,322  

Explanation:

$2300 per year is an annuity investment. The formula for future annuity value is as below

FV  =  A  × (1 + r)^n - 1 / r

Where A = amount invested periodically

r = interest rate, 6% or 0.06

n = 3 years

Fv = $2300 x{ (1 +0.6)^3 -1} /0.06

Fv  = $2300 x (1.191016-1) /0.06

Fv  = $2300 x  ( 0.191016/0.06)

Fv =  $2300 x  3.1836  

Fv=  $ 7,322.28

Fv= $ 7,322  

He failed at Human Resources functional area of management

Let understand that the functional area of management is the section of management of a firm which ensures that the important business activities are carried out efficiently.

The functional area of management is distinctively categorized into 6 part and they includes:

In conclusion, the area that Tigger failed at is the Human Resources area because he need to serves as a good example for his Subordinate as well effectively managing them, whereas, he failed at it.

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I would invest $8,000 in the fund paying 3% interest and $32,000 (40000 - 8000) in the fund paying 4.5% interest.

Let's assume you invest x dollars in the fund paying 3% interest and (40000 - x) dollars in the fund paying 4.5% interest.

Given:

You invest $40,000 in two funds paying 3% and 4.1/2% simple interest. The total annual interest is $1680.

To calculate the amount invested in each fund, we can set up the following equation based on the given information:

0.03x + 0.045(40000 - x) = 1680

Simplifying the equation:

0.03x + 1800 - 0.045x = 1680

Combining like terms:

-0.015x = -120

Dividing both sides of the equation by -0.015:

x = 8000

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None of the given answer choices match the calculated risk-free rate.

Using the Capital Asset Pricing Model (CAPM), we can calculate the risk-free rate of return. The formula for CAPM is:

Expected Return = Risk-Free Rate + Beta × (Expected Market Return - Risk-Free Rate)

We have the following values:
Expected Return on HiLo stock = 14.80%
Expected Market Return = 13.80%
Beta of HiLo = 1.27

Now, we will plug these values into the formula and solve for the risk-free rate:

14.80% = Risk-Free Rate + 1.27 × (13.80% - Risk-Free Rate)

To solve for the risk-free rate, follow these steps:

1. 14.80% - 1.27 × 13.80% = Risk-Free Rate - 1.27 × (-Risk-Free Rate)
2. 14.80% - 17.526% = 2.27 × Risk-Free Rate
3. -2.726% = 2.27 × Risk-Free Rate
4. Risk-Free Rate = -2.726% / 2.27
5. Risk-Free Rate ≈ 1.20%

However, none of the given answer choices match the calculated risk-free rate.

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Answer:

Explanation:

Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. The term often refers to the entire industry that provides financial services to individuals and households and advises them about financial and investment opportunities.

Personal finance is about meeting personal financial goals, whether it’s having enough for short-term financial needs, planning for retirement, or saving for your child's college education. It all depends on your income, expenses, living requirements, and individual goals and desires—and coming up with a plan to fulfill those needs within your financial constraints. To make the most of your income and savings, it's important to become financially literate, so you can distinguish between good and bad advice and make smart decisions.

Answer:

Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. The term often refers to the entire industry that provides financial services to individuals and households and advises them about financial and investment opportunities

Answer:

If you pay the balance of your credit card bill before the due date, you would pay the minimum payment on your bill.

Explanation:

The benefits of paying your bill in the middle of the statement period include freeing up your line of credit and helping reduce the amount of interest you may pay. Paying your credit card bill in full before the statement closes means you shouldn't have to pay any interest, unless you have been paying down a balance over several months. Most credit card issuers give you a grace period during which you're not liable for paying interest, provided you pay your account in-full before the statement due date. If you pay your balance before the statement closes, you'll see a "payments" line on your statement, reflecting the amount that's been subtracted from your statement balance. Paying your credit card bill early frees up credit on your account - paying your balance in full causes your credit card limit to reset. When you make a credit card payment, the amount of your payment is automatically added back to your credit line, which can be especially useful helpful if you're getting close to maxing out your credit limit.

Answer:

The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.

Explanation:

Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".

As someone looking for a project management position, you may meet people in a professional setting on occasion to share information and make new business contacts. This is an illustration of Attend networking events in your area or online.

Networking is the exchange of information or services among individuals, corporations, or organizations. It is also a tool for people to build relationships for their careers or business. As a result, connections or a network may be established, which can be beneficial to individuals in their professional or personal life. Networking assists in the development of meaningful connections that benefit all parties involved in the flow of information and services. Networking meetings, social media, personal networking, and professional networking may all be used to make new key business contacts.

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Answer:

The excess over cost is treated as additional paid-in capital.

Explanation:

Under the cost method of accounting for treasury stock transactions, when the proceeds from a sale are greater than the cost, the excess over cost is treated as additional paid-in capital.

Treasury stock is the stock that a company has repurchased from its shareholders and is holding in its own treasury for various purposes, such as to reissue the shares to employees as part of compensation plans, to fund acquisitions or other investments, or to increase stock price by reducing the number of outstanding shares. The cost method is one of the methods used by companies to account for treasury stock transactions, where the treasury stock is recorded at its cost of acquisition.

When treasury stock is subsequently sold at a higher price than its cost, the excess over cost is recognized as additional paid-in capital. This is because the initial cost of the treasury stock was deducted from the company's total equity when it was repurchased, and selling it at a profit increases both cash and equity. The additional paid-in capital is reported in the equity section of the balance sheet and represents the amount of capital contributed by shareholders above and beyond the par value of the company's common stock.

When the revenues from a sale are larger than the cost, the excess above cost is reported as a gain under the cost method of accounting for treasury stock transactions. This gain is recognized in the income statement as a component of other income or gains.

Treasury stock refers to shares of a company's own stock that the company has repurchased from shareholders. The cost method is one of the methods used to account for treasury stock transactions. Under this method, the treasury stock is recorded at cost, which is the price paid by the company to repurchase the shares.

When the company sells the treasury stock at a price that is higher than the cost, the difference between the selling price and the cost is a gain. This gain reflects the profit made by the company on the sale of the treasury stock.

The gain is not recorded as a part of revenue, but rather as a separate line item in the income statement, as a component of other income or gains.

Overall, the cost method of accounting for treasury stock transactions ensures that the value of the treasury stock on the company's balance sheet accurately reflects the cost of acquiring the shares, while any gains or losses on the sale of the treasury stock are appropriately recognized in the income statement.

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Answer:

Wholesalers buy products from manufacturers at a lower price than other businesses because they receive discounts for volume buying.

Explanation:

I have no explanation really to say. Thats just the answer.

It was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

Alexander Hamilton is regarded as one of U.S. Founding Father, author of the Federalist papers and first secretary of the U.S. treasury.

Some of Alexander Hamilton ideas created the National Bank, founded the U.S. Mint and created a system to levy taxes on luxury products.

Alexander Hamilton developed economic policies to promote industry at the beginning of the American republic's history but it was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

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That evening, after dinner, Jonas's family his father, mother, and sister Lily, seven participated in a custom known as “telling of feelings.” Each participant talks with others about a certain emotion they had throughout the day.

Since then, the term "catharsis" has been used in the mental health community to refer to the process of expressing one's feelings, which is crucial for expressing one's needs, wants, and emotions.

Talking about your emotions confirms that what you're going through is genuine and important to you. You care about something if you are angry about it. You would be discrediting your experience and your ideals if you attempted to disregard that emotion.

Rather than denying your emotions, accept them. Avoid passing judgment on others or yourself.

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