When you purchase the exact same office supplies you purchased in the previous quarter, you are making a straight rebuy.
What is a straight rebuy?
This is the type of purchase that a customer is known to buy that is in the same quantity and the same terms as the goods from the same supplier.
The perfect example of this is that people are known to visit the same coffee shop daily to make the same purchase.
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At the end of 2022, Carla Vista Co. has accounts receivable of $773,900 and an allowance for doubtful accounts of $63,000. On January 24, 2023, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $5,500. On March 4, 2023, Carla Vista Co. receives payment of $5,500 in full from Megan Gray. Prepare the journal entries to record the March 4, 2023, transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
The journal entries to record the March 4, 2023, transaction is: Debit Accounts receivable $5,500; Credit Allowance for doubtful accounts $5,500.
Journal entriesCarla Vista Co. Journal entries
March 4, 2023
Debit Accounts receivable $5,500
Credit Allowance for doubtful accounts $5,500
Debit Cash $5,500
Credit Accounts receivable $5,500
Therefore the journal entries to record the March 4, 2023, transaction is: Debit Accounts receivable $5,500; Credit Allowance for doubtful accounts $5,500.
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Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bearing assembly with a bearing packer will get the proper results. Who is correct
Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bearing assembly with a bearing packer will get the proper results. The two statements are right. This is further explained below.
What is a wheel bearing?Generally, the wheel bearing is simply defined as an important component of a vehicle's braking, steering, and suspension systems.
In conclusion, The one-piece hub assembly is located between the drive axle and the brake disc.
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What is opportunity cost? ( selext the best answer)
Answer: the loss of potential gain from other alternatives when one alternative is chosen
Explanation:
Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the _______, the anticipation of receiving a highly desirable option only to have it become inaccessible.
Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.
What is classic dilemma?Classic dilemma is a type of dilemma where an individual does not have a choice to pick or select.
The individual is faced with just a choice from the option.
Therefore, Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.
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Louis enterprises stock is selling for $48 a share. flotation cost on new equity issues is 15 percent. how is the value of f computed for use in the flotation-adjusted cost of equity formula
For a college student who needs to buy an $80 textbook, the money she received from her parents for the purchase of school supplies would be used as a:
The money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
What is money?Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.
Characteristics of money are:
Medium of exchangeStore of valueMeasure of valueHence, the money she received from her parents for the purchase of school supplies would be used as a medium of exchange.
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Self interest, marginal decisions, and optimization all form the basis of.
Self interest, marginal decisions, and optimization all form the basis of Rational decision making.
What is Decision making?Decision making can be regarded as the process of making choices which involves careful consideration of the alternatives that is available.
Decision making involves; identifying a decision gathering informationassessing alternative .Therefore after goin through these process, a Rational decision making can be made.
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You borrowed $1, 690 for 5.5 years compounded semi annually at an interest rate of 5.7%. What total do you pay back
Answer:
602.45 is the correct answer
Both Canada and the United States produce lumber and footballs with constant opportunity costs. The United States can produce either 10 tons of lumber and no footballs, or 1,000 footballs and no lumber, or any combination in between. Canada can produce either 8 tons of lumber and no footballs, or 400 footballs and no lumber, or any combination in between. a. Draw the U.S. and Canadian production possibility frontiers in the accompanying graphs, with footballs on the horizontal axis and lumber on the vertical axis. b. In autarky, if the United States wants to consume 500 footballs, how much lumber can it consume
Which situation is an example of a person making use of credit?
a. an architect puts his weekly paychecks into a savings account at
a local bank.
o b. a college student saves up money in order to buy a cheap used
car.
o c. a farmer sells most of her crops to customers who live near her
farm.
o d. a business owner takes out a loan to expand and redecorate her
offices.
submit
The use of credit is illustrated when a business owner takes out a loan to expand and redecorate her offices.
What is a credit?It is a transaction whereby the creditor or lender supplies money in return for a promised future payment by the other party.
Hence, the use of credit is illustrated when a business owner takes out a loan to expand and redecorate her offices.
Therefore, the Option D is correct.
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Which soft drink was specifically created by the coca-cola company to compete against dr pepper?.
Answer:
Coca-Cola is the official soft drink of many collegiate football teams throughout the nation, partly due to Coca-Cola providing those schools with upgraded athletic facilities in exchange for Coca-Cola's sponsorship. This is especially prevalent at the high school level, which is more dependent on such contracts due to tighter budgets.
Explanation:
Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?
The question "Who has the greatest need?" must be considered by the society when deciding for whom to produce on a potentially scarce or limited resource.
What is the whom to produce?As part of an economic problem, this refers to problem of distribution of final product.
Thus, the question "Who has the greatest need?" must be considered by the society when deciding for whom to produce while deciding who to produce a potentially scarce or limited resource for.
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Answer: is
Who has the greatest need?
Explanation:
The period of declining growth in real gdp between the peak of the business cycle and the trough is called the.
Answer:
recessionary phase.
Explanation:
The period of declining growth in real GDP between the peak of the business cycle and the trough is called the contractionary phase.
Economic contraction in GDP is the term used to describe the business cycle's downward slope. A period of declining economic production is known as a contraction. The economy is currently producing fewer goods and services than it did previously.
In order to create fewer goods and services, businesses must use fewer resources, especially labor. Businesses that reduce their output frequently hire few, if any, new employees and let some of their current employees go.
As a result, employment tends to decrease along with decreased output.
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How many employers ask that employees be skilled in communication and handling money? 47 50 67 86
Answer:47
Explanation:..
52) upon receiving notice from their electric utility that customers with solar power systems are permitted to sell excess power back to the utility, an arizona family is considering the purchase of a photovoltaic solar energy system for their 2,700-square-foot suburban home. the initial costs of the systems they are considering range from $7,000 to $30,000. while gathering information prior to making a decision, the homeowners find the following information at the web site of the united states department of energy. (a) describe one environmental benefit and one environmental cost of photovoltaic systems. (b) from the two types of solar systems described on the government web site, select the system (either stand-alone or grid-connected) that you think best meets the needs of the homeowners. write an argument to persuade them to purchase the system you selected. include the pros and cons of each system in your argument. (c) describe two ways that government or industry could promote the use of photovoltaic power systems for homeowners in the future.
The main environmental benefit of the photovoltaic systems is that its supplies clean and efficient energy while its environmental cost is tye need for space for placing the solar panels.
What is a photovoltaic system?This refers to composition of solar panels with an inverter that use energy from the Sun to generate electricity.
The stand-alone photovoltaic system is the most efficient for need for homeowners as they generate the power for themselves.
In conclusion, the government could promote the use of photovoltaic power systems for homeowners in the future by making a sensitization of the benefit of clean energy.
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In a(n) ________ strategy, managers try to gain a competitive advantage by focusing the energy of all the organization's departments or functions on driving the company's expenses down below the expenses of its industry rivals.
Answer:
low-cost
Explanation:
I may not be right, so use this as a last resort if necessary.
Which of the international operations strategies involves a focus on cost reductions and high local responsiveness
The type of strategy where the international operations focus on higher reductions in cost and higher local alertness is called transnational strategy.
What is meant by the strategy?A strategy is a policy devised to achieve long-term objectives.
Transnational strategy is one of the strategies to keep in check the monetary transactions entered between various entities of different nations. A business is said to be transnational when it has its entire operations in one country but also has varied operations in other counties.
Therefore, the transnational strategy involves a greater reduction in costs and greater alertness at local levels.
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20 POINTS FOR THE ANSWER
Choose a specific technological advancement from the list presented. Once you have chosen, research its impact on the evolution of media in relation to design. Make sure to cite your sources too!
Possible choices:
Johannes Gutenberg and the printing press
Pi Sheng and movable type
Saul Bass and movie credit design
Paul Rand and corporate identity systems
Digital printing
Digital photographic editing
Linotype typesetting machine
Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.
What is the evolution of printing?The printing is credited as the earliest form and was first developed in China around 200AD. As the name suggests, it involves carving a design into a block of wood. Once the wood is carved, the raised part is then inked and paper is placed on top.
It's been 20 years since Israeli Benny Landa revolutionized the printing industry with the advent of digital printing, and industry watchers say the inventor may have repeated the feat with a new product unveiled.
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Ali had previously calculated the Economic Order Quantity required to efficiently control costs at his company. His calculations proved accurate in the short term. However, after a certain point, it was found that his calculations differed from the actual costs. What could have happened at this point to create a mismatch between Ali’s calculations and the actual expense?
A.
demand for the company’s product changed
B.
the company had an excess of intermediate inventory
C.
the storage capacity for output inventory was full
D.
salary increases were put on hold
The mismatch between Ali’s calculations using the Economic Order Quantity model and the actual expense was caused by A. demand for the company’s product changed.
What is the Economic Order Quantity model?The Economic Order Quantity model (EOQ) shows the ideal order quantity a company should purchase or produce to minimize inventory costs (holding costs, shortage costs, and ordering costs).
EOQ assumes constant demand, ordering, and holding costs over time.
The model is computed as EOQ = square root of: [2(setup costs)(demand rate)] / holding costs.
Thus, the mismatch between Ali’s calculations using the Economic Order Quantity model and the actual expense was caused by A. demand for the company’s product changed.
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If workers are likely to be exposed to fall dangers, what kinds of trainings must their employers provide?.
Monetary policy refers to government actions that pursue what goal
Explanation:
help me to find Xian pleaseee:( i miss him so much:(
sorry for answering Non sense po i hope u understand me ty po!
Assume Durango Co. had sales of $200,000 for the month of November. Sales are expected to grow 10% each month. The company collects 60% of sales in the month of sale and 40% in the month after sale. Projected cash collections for December total ______.
The cash collections of Durango Co. for the month of December over such given number of sales will be $212,000.
What is cash collection?The total amount of receivables actually received by a business during a given financial period is regarded as the cash collection of the firm for such period.
Now, in the above given situation, the 40 percent cash collection amounting to $80000 from the month of November will be collected in the current month. Solving further,
[tex]\rm Cash\ Collection\ = Total\ Sales\ x\ \dfrac{Pecentage}{100}\\\\\rm Cash\ Collection\ = 220,000 x\ \dfrac{60}{100}\\\\\rm Cash\ Collection\ = \$132,000[/tex]
So, in total the cash collection for the month of December will be computed as, 80000+132,000=$212,000.
Hence, the cash collection of Durango Co. is aforementioned.
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True or false: A protective tariff is designed to raise money for the government. True false question. True False
Base on research, it can be deduced that it is true that A protective tariff is designed to raise money for the government because it is enacted to raise fund.
What is protective Tariff?Protective Tariff refer to a tariff or duty paid on imported goods by citizen which is enacted by the government to raise money of fund for domestic companies so as to increase their productivity. The protective tariff is paid on imported goods and it is more compared to the one paid on exported goods, this is done to protect domestic companies.
Therefore, A protective tariff is a duty paid on imported goods, enacted by the the government to raise money.
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Through ____ managers get to know employees and their work ethics, and they can determine
which employees will help the business achieve its goals and meet its objectives.
answer choices:
-planning
-leading
-organizing
-controlling
Through leading managers get to know employees and their work ethics, and they can determine which employees will help the business achieve its goals and meet its objectives
Who are managers?Managers are set over companies and organization to help manage the affairs.
The relate with other employees to manage the firm or organization.
Therefore, Through leading managers get to know employees and their work ethics, and they can determine which employees will help the business achieve its goals and meet its objectives
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Diminishing returns to specialization suggests that it is worthwhile for companies to Blank______. Multiple choice question. specialize until that point where the resulting gains from trade are outweighed by diminishing returns specialize in goods in which they have comparative advantage produce goods in which they have absolute advantage and gain from trade produce a wide range of goods and services and not specialize in one particular good or service
The diminishing returns to specialization suggests that it is worthwhile for companies to specialize until that point where the resulting gains from trade are outweighed by diminishing returns.
What is the diminishing returns to specialization?This diminishing return happens when the resources can move freely from the production of one good to another within a country.
However, its suggests that it is worthwhile for companies to specialize until that point where the resulting gains from trade are outweighed by diminishing returns.
Therefore, the Option A is correct.
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definition of tax fraud and tax reduction?
Answer:
Tax fraud is basically cheating on a tax return in an attempt to avoid paying the entire tax obligation.
Tax Reduction means any tax refund or any reduction in taxes paid by the acquirer, the company, or any of their respective partners.
Explanation:
Your company's policy is to receive all office supplies without any changes made from the previous order. This order is referred to as a
The policy of the company is to receive all office supplies without any changes made from the previous order. This order is referred to as a straight rebuy.
What is the policy?A policy is referred to as a set of rules, principles, or frameworks that every employee is restricted to follow. These policies are designed for the growth and fulfillment of the goals of the organization.
A situation when a company purchases the same goods from the same suppliers without making any changes to the previous order. This is called straight rebuy order.
When a company is unhappy with the services of a supplier and changes the pattern of order or changes in the purchase has been made by the procurement team, then this order will be called a modified rebuy.
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Users of managerial accounting information include ______. (select all that apply) multiple select question. department managers potential investors internal revenue service the chief financial officer
The user of managerial accounting information includes:
department managersthe chief financial officerWhat is managerial accounting information?Managerial accounting information can be defined as the gathered information which managers use during decision making process.
The users of this information are department manager and the chief financial officer.
Therefore the correct option is A, D.
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Labor costs that are clearly associated with employees who directly convert materials to finished product are called:
Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
What is direct labor?Direct labour are labor that are used for production.
It includes casual workers in factory, processing and packaging.
Therefore, Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
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A client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances. Based on these holdings you would conclude that this client A) is taking precautions to minimize risk B) is not interested in equities C) is seeking returns above those of standard money market rates D) is in a high tax bracket and needs tax free income
A client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances is A. taking precautions to minimize risk.
Who is a client?It should be noted that a client simply means an individual using the service of a professional body.
In this case, a client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances is taking precautions to minimize risk.
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