Amounts that are due to a company that the company feels will never be paid back to them. When a company offers its products or services to clients on a credit basis, the two parties come to an agreement that payment will be postponed for a certain amount of time—typically thirty days—before being made.
This is further explained below.
What are irrecoverable debts?Generally, Amounts that are due to a company that the company feels will never be paid back to them.
In conclusion, When a company offers its products or services to clients on a credit basis, the two parties come to an agreement that payment will be postponed for a certain amount of time—typically thirty days—before being made.
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Unearned revenue, an operating liability, arises when a company receives cash before any goods are delivered or services are rendered.
a. true
b. false
Answer is true.
Unearned income is the money received by a person or the business for the service or the product that has yet to be produced or to be delivered. It is a "prepayment" for the products or the services that a person or the corporation is anticipated to provide to the buyer at certain later period. As a result of this prepayment, the seller owes the income collected until the commodity or service is delivered. This liability is classified as current since it is likely to be settled within a year.
Receiving payments early benefits a firm since it boosts cash flow, which can be used for a number of corporate activities.
Therefore, the statement given is true.
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In ______ cases, courts generally award damages equal to the ______ plus what the employee lost in quitting her job and declining employment elsewhere.
In promissory estoppel cases, courts generally award damages equal to out of pocket costs plus what the employee lost in quitting her job and declining employment elsewhere. A legal principle known as promissory estoppel prevents someone from breaking commitment even if a formal contract is not in place.
It stipulates that an injured party can sue a promisor for damages if the injured party suffered losses as a result of promisor's broken promise, which the recipient of promise later came to regret. Promise may be enforced despite absence of the conditions for a valid contract under the promissory estoppel doctrine.
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If a group continues to use the problem-solving process to determine how action will be taken and who will be responsible for the solution, then it is in the _____________ stage.
If a group continues to use the problem-solving process to determine how the action will be taken and who will be responsible for the solution, then it is in the Comprehensive report stage.
Comprehensive agreement refers to the comprehensive agreement that must be reached before a qualifying project may be developed or put into operation by the private business and the accountable governmental agency.
A report's outline normally consists of a few succinct statements or phrases that can be used as introductions.
These sections may comprise an executive summary, an introduction, a table of contents, several main body paragraphs, a conclusion, an appendix, a references section, though they will vary based on the type of report you're producing.The reader should be given a brief overview of the full report in the executive summary so they may quickly identify the highlights.
For busy executives who wish to preview the report to gain a sense of its content, this section of the paper is frequently helpful.Learn more about the Executive summary,
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If a leader’s vision is too demanding and advocates a big change, it will probably be?
If a leader’s vision is too demanding and advocates a big change, it will probably be rejected.
Who is known as a leader?Someone who is followed by others is a leader. A leader is in charge. Therefore, a leader's leadership must be legitimate in order for people to accept it.People follow a leader, thus the leader has the power to command others to do things. So a leader can get others to cooperate to achieve a common objective.What do you mean by Leadership?The ability of a person, group, or organization to "lead," influence, or direct other people, groups, or entire organizations is referred to as leadership, both as a field of study and as a practical talent. The term "leadership" is frequently seen as a contentious one.The subject is debated in specialized literature from numerous points of view, occasionally contrasting Eastern and Western leadership styles as well as (within the West) North American versus European styles.Learn more about Leadership here:
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The correct option is B.
If a leader’s vision is too demanding and advocates a big change, it will probably be rejected.
What do you mean by Leaders vision?The ability to focus on what really matters—your goals for your life and the type of leader you want to be—requires having a clear leadership vision. A practical vision must be based in the past, look to the future, and take into account the circumstances of the present. It serves as a symbol of who you are and your values.
Why is vision important for a leader?Employees can be inspired to act with passion and purpose by a visionary leader who communicates his or her vision clearly and passionately. This will ensure that everyone is working toward the same objective. The end effect is that everyone helps the organization move forward.
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I understand that the question you are looking for is :
A vision that is too demanding and advocates too big a change will be _____________.
a. embraced
b. rejected
c. postponed
d. accepted
If for good z income elasticity is greater than 1, then demand for good z is income __________, and good z is a(n) __________ good.
Good z income elasticity is greater than 1, then demand for good z is
income elastic and good z is a(n), normal good.
Income elasticity of demand refers to the sensitivity of the quantity demanded for a certain good to a change in the real income of consumers who buy this good.
The formula for calculating income elasticity of demand is the percent change in quantity demanded divided by the percent change in income. With income elasticity of demand, you can tell if a particular good represents a necessity or a luxury.
A normal good is a good that experiences an increase in its demand due to a rise in consumers income. In other words, if there's an increase in wages, demand for normal goods increases while conversely, wage declines or layoffs lead to a reduction in demand.
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On december 31 of the current year, techcom's unadjusted trial balance included the following items: accounts receivable, debit balance of $107,250; allowance for doubtful accounts, credit balance of $1,900. what amount should be debited to bad debt expense, assuming 6% of outstanding accounts receivable as of december 31 of the current year, are estimated to be uncollectible
$4,535 amount should be debited to bad debt expense.
What is bad debt expense?When a receivable is no longer recoverable because a customer is unable to fulfill their responsibility to pay an outstanding debt owing to bankruptcy or other financial troubles, a bad debt expense is reported.
Big Store stops paying its debts and fails to reimburse Company XYZ for $100,000 in items. Because the company is not convinced that Big Store will ever pay, the $100,000 is classified as a bad debt.
Because it reduces the amount of an asset, in this case accounts receivable, an allowance for doubtful accounts is considered a "counter asset."
As the amount is not a liability, bad debts are an expense to the business.
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Indigenous religions today are especially threatened by select one: a. destruction of habitat. b. ecotourism. c. resistance to the spread of television. d. the weakness of the logging industry.
Indigenous religions today are the weakness of the logging industry.
The answer is option D.
Indigenous religions are a class used within the study of religion to demarcate the nonsecular belief systems of communities defined as being "indigenous". This class is often juxtaposed against others such as the "international religions" and "new nonsecular moves".
Opposition to such institutionalized religions, tribal religion, for example, isn't normally one after the other institutionalized however in effect is the non secular side of communal existence and isn't always handled as wonderful from different things that pass on in the community.
The indigenous religion has a sturdy ethical code based on the sacredness of different beings. Failure to adhere to the ethical code has robust repercussions in the afterlife. Recognizing elders and honoring dad and mom is one of the adhered-to moral codes.
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How should factory overhead variances be treated in a journal entry to apply factory overhead?
Factory overhead variances should be broken out into their individual components and reported separately as either debits or credits to their individual variance accounts should factory overhead variances be treated in a journal entry to apply factory overhead
Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.
One credit is equivalent to a 30-second voice message. A voice message can be recorded for up to 120 seconds. The longer the voice message, the more credit you will get for shipping per phone number. 1-30 seconds = 1 credit per phone number.
An example of credit is a celebration for graduating from medical school while working two jobs. Examples of loans are amounts that are available in a bank account or credited to a checking account. An example of credits is the number of English courses required for a degree.
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Microsoft products are subject to a support lifecycle policy. how many years of free, basic extended support does microsoft offer for operating systems?
For each version of its OS, Microsoft offers a minimum of 10 years of support (at least five years of Mainstream Support, followed by five years of Extended Support). Both types include security and program updates, self-help online topics and extra help you can pay for.
Microsoft Lifecycle provides consistent and predictable guidelines for support throughout the life of a product, helping customers manage their IT investments and environments while strategically planning for the future.
Microsoft Windows 7 has reached the End of Life on January 14, 2020. Microsoft offered Extended Support for three years which is set to expire on January 14, 2023, and will not longer be supported afterwards.
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The company cost of capital is calculated as a weighted average of the firm's ______ and ______.
The company cost of capital is calculated as a weighted average of the firm's debt and equity.
Weighted average cost of capital (WACC) is calculated by multiplying the cost of each capital source (debt and equity) by its relevant weight by market value, and then adding the products together to determine the total value.
The weighted average cost of capital is calculated using before-tax costs of each of the sources of financing that a firm uses in order to finance a project.
Hence, the minimum rate of return necessary to attract an investor to purchase or hold a security is called the cost of capital.
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Cash payments for steel to be used in the production process would be an example of:_______
Cash payments for steel to be used inside the manufacturing system might be an example of sunk costs.
A sunk cost, now and again referred to as a retrospective price, refers to an funding already incurred that cannot be recovered. Examples of sunk charges in enterprise consist of advertising, studies, new software program set up or device, salaries, and advantages, or facilities charges.
A sunk cost refers to a price that has already passed off and has no capability for healing inside the destiny. as example, your rent, advertising marketing campaign prices, or money spent on the new system can be considered sunk charges. A sunk value also can be known as a past price.
Examples of sunk charges:
advertising expenditure. in case you market it a new product, that money is long gone and can't be retrieved.studies into a new product. Labor expenses. set up a brand new software program device and operating practices.lack of reputation and commercial enterprise connections.The other sunk price is a prospective value, which is a sum of money due depending on future business or economic decisions. for instance, a successful commercial enterprise may additionally take on potential prices most effective if its selection-makers determined to increase, inclusive through constructing a new plant.
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My sister has been given a loan for $10,000, and she deposited the full loan amount into her checking account. How would this be reflected on her bank’s balance sheet?
Answer:
Loans and deposits would increase by the same amount as the deposit
The process of developing an approximation of the cost of the monetary resources needed to complete project activities is known as:
The process of developing an approximation of the cost of the monetary resources needed to complete project activities is known as: Estimate Cost.
What do you mean by Estimate Cost?The term cost estimation is refers to as the process of estimating all of the costs together with completing a project as per its timeline.
Firstly, high-level estimation are used in the beginning stages of project planning and can determine whether or not a project is ultimately pursued.
Once a project is approved and an organization started gather more detailed and granular cost estimates become necessary.
A thorough cost estimate should include both the direct and indirect costs associated with bringing a project through to completion. Depending on the specifics of the venture, this will likely include various overhead costs.
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Consumer products are classified based on the ________blank, the frequency of purchase, and the attributes used in making the purchase decision.
Consumer products are classified based on the attributes which they used in making the purchase.
Consumer products, often known as final goods, are items purchased for personal use by people or families. In other words, consumer products are things purchased by the ordinary consumer for consumption.
There are four major categories of consumer products: convenience goods, shopping goods, specialist goods, and unsought goods.
Consumer products include clothing, food, and jewelry. Since the basic or raw minerals, such as the copper, must be processed into the useable items, they are not considered as the consumer goods.
Therefore, Consumer products are classified based on the attributes used in making the purchase.
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In the context of electronic communication, _____ involves indirect form of disrespect.
In the context of electronic communication, passive incivility involves indirect form of disrespect.
Passive incivility involves indirect forms of disrespect through the context of electronic communication which are not replying to emails, using emails for time-sensitive messages, not acknowledging receipt of emails.
Passive incivility has its own impact in an individuals life. As this incivility is indirect there is not much behavior noticed. Thus, here the factor of ignorance plays an important role. For instance, when a person sends a disrespectful email, and so here it is hard to understand tone via email and you can’t see the person's body language.
Hence, passive incivility involves indirect form of disrespect.
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Which product is an example of a consumer good? stock share in a tech company dog food for a pet boarding facility paint sprayer for an autobody shop gallon of milk to use in a bowl of cereal
The product that is an example of a consumer good is shop gallon of milk to use in a bowl of cereal. Consumer goods are mostly consumed immediately.
What are consumer goods?Consumer goods are products or goods that are bought for consumption. Consumer goods are mostly finished products from a factory such as buscuit, cereals, milk, bread that can be sell on retail to the consumer.
The products are ate and mostly bought for personal use from a supermarket, store or exhibition.
Most of the consumer products can be consumed without any further processing.
Areas with high rate of consuming consumer products will have economic growth this is because the increase in it's demand help to improve economy.
Therefore, The product is an example of a consumer good is shop gallon of milk to use in a bowl of cereal.
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Answer:
Gallon of milk to use in a bowl of cereal
Explanation:
I got the question right
Using the same scenario as in number 2, your interviewer tells you that the game costs $1 to play and it has an expected value of 47 cents for every dollar spent. Use the following payouts to determine the expected value of the game. Do you agree with your co-worker?s assertion? roll sum of 19 sum of 17 sum of 15 sum of 13 doubles other winnings $5 $3 $2 $1 $. 5 $0.
Roll sum of 19 sum of 17 sum of 15 sum of 13 doubles other winnings $5 $3 $2 $1 $.5 $0.
What is Roll sum?The 12-month rolling sum is the total of the previous 12 months. As the 12-month period "rolls" forward each month, the amount from the most recent month is added and the amount from the previous year is deducted. As a result, a 12-month total has been carried forward to the new month.
Cumulative sums, often known as running totals, are used to show the total sum of data as it grows over time (or any other series or progression). This allows you to see the entire contribution of a specific measure across time.
The total number of possible outcomes is 36, which is equal to the total number of the first die (6) multiplied by the total number of the second die (6).
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What term is used to describe the special incentives offered by a firm to encourage customers to make a direct purchase?
Sales promotions is used to describe the special incentives offered by a firm to encourage customers to make a direct purchase.
What is Sales Promotion?One component of the promotional mix is sales promotion. Advertising, personal selling, direct marketing, and publicity/public relations make up the bulk of the promotional mix.In order to boost customer demand, generate market demand, or improve product availability, sales promotion employs both media and non-media marketing communications for a predetermined, brief period of time.Examples include giveaways, coupons, discounts, point-of-purchase displays, premiums, prizes, free samples of goods, and rebates.Sales campaigns might target customers, salespeople, or anyone in the distribution chain (such as retailers).Consumer sales promotions are marketing campaigns that are aimed at consumers. Trade sales promotions are advertising campaigns aimed at wholesalers and retailers.To learn more about Sales Promotion with the given link
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Which of the following are depositary financial institutions? (select all that apply)
options:
Loan associations
Credit unions
Commercial bank
Insurance companies.
Brokerage firms
Investment companies
Depositary financial institutions are:
Loan associationsCredit unionsCommercial bankWhat are depositary financial institutions?Depositary financial institutions are financial institutions that gathers or obtains funds majorly by accepting deposits from members of the public. Depositary financial institutions include loan associations, credit unions and commercial bank.
Credit union is a form of financial institution owned by members of the union. The union provides financial services similar to the services provided by commercial banks
A commercial bank is a financial institution that accepts deposits from customers, provide loans to customers and provide financial products t costumers. Only commercial banks. deposit their excess funds with the U.S. Treasury.
A savings and loan associations is a financial institution that specializes in helping customers get residential mortgages.
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Why are shareholders more keen on investing in high-risk projects during times of financial distress?
Answer:
Because the shares price of that company will be reduced that gives shareholders to own more thus owning a greater percentage of the company
Explanation:
Let's say Washer Ltd is high-risk and they have taken a stand to reduce their ordinary share price in order to attract investors, from R6,90 to R3, 90 per share
Instead of the shareholder paying the full price for less shares, he can buy more share for half the amount of money
Monterey corporation reports net income of $260,000 that includes depreciation expense of $30,000 and amortization expense of $20,000. What is the company’s cash inflows from operating activities?
Cash flow from operating activities is $310,000.
Given net income of $260,000 , depreciation expense of $30,000 and amortization expense of $20,000.
Cash flow from operating activities is to be computed.
The amount of money a firm earns through continuing the regular business operations such as the manufacturing and the selling the things or providing a service to the clients is referred to as the cash flow from operational activities (CFO).
The formula to compute the cash flow from operating activities is given below:
Cash flow from operating activities= Net income+ Depreciation expense + Amortization expense
Cash inflows from operating activities = $260,000 + $30,000 + $20,000 =$310,000
Therefore, the cash flow from operating activities is $310,000.
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Friedrich hayek advocated for the concepts of laissez-faire economic thought and free markets. True or false?.
It is false that Friedrich hayek advocated for the concepts of laissez-faire economic thought and free.
What is Hayek theory?Hayek theory is on interest rate and how it is an important determinant in economy especially investors.
Savers and investors are very much interested in interest rate as the higher rate the better for them through time.
Hayek's theory is said to affect inflation as the policy tends towards decreasing unemployment but Laissez-faire believes in allowing things to unfold itself without interfering.
Therefore, It is false that Friedrich hayek advocated for the concepts of laissez-faire economic thought and free.
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The labor/capital ratio in the capital-intensive industry is _____ the labor/capital ratio in the labor-intensive industry.
The labor/capital ratio in the capital-intensive industry is Sometimes lower than and sometimes greater than the labor/capital ratio in the labor-intensive industry.
Beacuse Capital intensive leads to an increase in operating and other maintenance costs whereas the labour intensive leads to optimum utilization of resources which reduces the production cost.
Intensive refers to the concentrated or strongly focused on a specific thing.
Labour means the work done by a group of workers or by a particular worker.
Utilization is a systematic approach to the process and use of resources to aide in the learning process
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ABC Corp. plans to issue subordinated notes that include warrants. The warrants allow investors to purchase ABC common stock. Based on this information, which is most likely true of the notes
It could pay a lower interest Common stock.
With the inclusion of warrants with the subordinated notes, the enterprise could pay a lower interest rate because of this added and appealing feature. Also, the notes will probably be more marketable (investors could be extra willing to shop for these notes while they're issued). The warrants no longer make it harder to sell the security within the secondary marketplace.
Common stock is a security that represents ownership in a corporation. In a liquidation, not unusual for stockholders to get hold of something property that remains after lenders, bondholders, and favored stockholders are paid. There are one-of-a-kind sorts of stocks traded within the market.
Common stock is a type of protection that represents ownership of fairness in an enterprise. There are different phrases – which include not unusual proportion, ordinary proportion, or balloting percentage – which might be equivalent to commonplace inventory.
Not unusual inventory is a form of company equity possession, a type of security. The terms vote casting proportion and ordinary share also are used frequently outside of the USA. they're known as fairness shares or regular stocks inside the united kingdom and other Commonwealth nation-states.
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In double-stranded dna, the amount of a equals that of t and the amount of c equals that of g because:______
In double-stranded DNA, the amount of a equals that of t and the amount of c equals that of g because the strands have complementary sequences of bases.
Deoxyribonucleic acid (abbreviated DNA) is a molecule that consists of genetic information for the development and functioning of an organism. DNA is fabricated from related strands that wind around every different to resemble a twisted ladder — a shape known as a double helix.
DNA is manufactured from chemical constructing blocks called nucleotides. these building blocks are made from three elements: a phosphate group, a sugar institution, and one in all four varieties of nitrogen bases. To form a strand of DNA, nucleotides are related into chains, with the phosphate and sugar organizations alternating.
DNA is the information molecule. It stores instructions for making different large molecules, called proteins. those commands are saved internal every one of your cells, dispensed among 46 long systems called chromosomes. These chromosomes are made from thousands of shorter segments of DNA, referred to as genes.
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Principles of integration are critical to success and require a ______________view. getting the correct balance of _______ and _______ media elements is important
Principles of integration are critical to success and require a long-term view. Getting the correct balance of traditional and new media elements is important.
The principle of integration in growth and development means that a child starts to integrate or combine different parts along with the passage of growth. Thus, the integration here denotes the combination of several smaller units into bigger considerable units, as it requires a long-term view
For instance, which a child first starts speaking the different sounds at with the lingual development, the child learns to integrate these sounds into words, and words to sentences.
Hence, getting the correct balance of traditional and new media elements is important.
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What makes the demand for u. s. dollars change? in world demand for u. s. exports ______ the demand for u. s. dollars. a in the u. s. interest rate differential ______ the demand for u. s. dollars
In the world demand for US, exports increase the demand for US dollars. a in the US interest rate differential decreases the demand for US dollars
An interest rate tells you how excessive the cost of borrowing is, or excessive the rewards are for saving. So, if you're a borrower, the interest charge is the quantity you're charged for borrowing cash, proven as a percentage of the total amount of the mortgage.
Traditionally, the guideline of thumb is that refinancing is a superb idea if you can reduce your interest rate by way of a minimum of 2%. but, many creditors say 1% financial savings is sufficient of an incentive to refinance.
As interest rates circulate up, the value of borrowing becomes more costly. because of this call, lower-yield bonds will drop, causing their price to drop. As interest prices fall, it will become less complicated to borrow money, and plenty of corporations will issue new bonds to finance growth.
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If producers are willing to sell 20 cans of soda at a total price of $10 and a local restaurant offers to pay $16, then producer surplus is equal to __________
If producers are willing to sell 20 cans of soda at a total price of $10 and a local restaurant offers to pay $16, then producer surplus is equal to $6.
Total price=$10
Offers to pay=$16
Surplus=10-16=$6
Producer surplus is the difference between the price a person would accept for a certain quantity of a good and the price they could get for the good if they sold it at market value.
The producer benefits from market sales of the good by receiving the difference or surplus amount.
Market pricing above the lowest price producers would normally be ready to pay for their goods result in a producer surplus. The Walras law may be relevant here.
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What is not an example of the additional benefits employers offer to their employees that are not mandated by law?
Year-end bonus is an an example of the additional benefits employers offer to their employees that are not mandated by law.
What is Year-end bonus?A reward given to an employee at the end of the year is known as a year-end bonus (sometimes known as a "Christmas bonus").The amount of many year-end incentives can change depending on whether particular milestones are reached because they are often linked to performance measures.Year-end bonuses are often lump sum payments offered to the employee as a reward for their efforts and commitment.Top financial business executives and staff frequently receive sizable bonuses at the end of the year on Wall Street. Bonus amounts vary based on the economy and the performance of the year, but they are typically significant.To know more about Year-end bonus with the given link
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What type of companies recognize revenues when they sell inventory to customers?
Manufacturing and Merchandising Companies are recognized revenues when they sell inventory to customers.
Merchandising company
A merchandising company buys tangible goods and resells them to consumers. These businesses incur costs, such as labor and material, to present and sell products . The operating cycle of merchandising company is the time between the purchase of the product and sale of the company.
Manufacturing company
A manufacturer is a person or company that produces finished goods from raw materials by using various tools, equipment , and then sells the goods to consumers, wholesalers, distributors, for the production of more complex goods.
Merchandising companies hold and account for product inventory , which makes their income statement inherently more complicated. The nature of increase or decreases in net revenue for each type of company is also different.
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