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2 years ago

Scenario:

Business

1 answer:

Oksi-84 [34.3K]2 years ago

5 0

The best strategy would be to invest in a property and then rent it to recover our investment and obtain additional profits.

<h3>What is an inversion strategy?</h3>

An investment strategy is an organized method of investing money in a business and making a profit in the future. This strategy allows us to organize our ideas to establish the best option that is within our reach to make the most of our investment.

<h3>What investment strategy should we use in this case?</h3>

In this case, taking into account that we no longer have pending obligations to pay, we can have $350. In this way, we can look for a property that can be paid in installments and acquire it.

Once we have paid the total value of our property, we can lease it, recover our investment and earn in the medium term.

Learn more about investments in: brainly.com/question/16822436

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The balance sheet of Indigo Company at December 31, 2019, includes the following. Notes receivable $54,600 Accounts receivable 1

Alchen [17]

Answer:

Prepare the journal entries for above accounts

Explanation:

1. Cash Dr.147,000

Sales Discount Dr.1,314

A/R Cr.148,314

2. Account Receivable Dr.5,620

Disallowance for Bad debts Cr.5,620

3. Allowance for Doubtful Accounts Dr.26,900

Account Receivable Cr.26,900

4. Bad Debts Expense Dr.26,900

Allowance for Doubtful Accounts Cr.26,900

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3 years ago

A roofing company collects fees when jobs are complete. The work for one customer, whose job was bid at $3,900, has been complet

3241004551 [841]

Answer:

Debit Accounts Receivable, $3,900;

Credit Roofing Fees Revenue, $3,900

Explanation:

Here, no cash transaction was involved. Since the job has been completed but the customer has not been billed yet, this simply means it has to be debited with accounts receivable, which is recognised as current asset and recognised as revenue for the period, hence needs to be credited.

This means that accounts receivable has to be debited with the amount of $3,900 while roofing fees revenue has to be credited with the amount of $3,900

Considering the above, the adjusting entry the company would need to make on December 31, the calendar year-end would be:

Debit Accounts Receivable, $3,900;

Credit Roofing Fees Revenue, $3.900

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3 years ago

Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850. Global Company

kherson [118]

Answer:

C. credit to Customer Refunds Payable, $900

Explanation:

Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850.

Global Company refunded Montana Industries $900 for returned merchandise. The cost of merchandise sold was $600.

The entry that will be recorded by Global Company in the journal entry for the refund from the sale a credit to Customer Refunds Payable, $900

<u>This amount of $900 will eventually be netted off against the accounts receivable amount for the total sales of $3,450, reducing the amount payable by the customer to $2550</u>

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3 years ago

In the video, Walmart's creation of small retail stores that offer the convenience customers can't find in Walmart's larger s

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Answer: THREAT OF SUBSTITUTE PRODUCTS.

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The five competitive forces are as follows;

COMPETITIVE RIVALRY which determines the strength and number of your competitors.

SUPPLIER POWER which determines the uniqueness of the supplies given to you by your suppliers and the number of suppliers you have etc.

BUYER POWER which evaluates how many buyers you have,how easy it is for them to buy your products etc.

THREAT OF SUBSTITUTION which evaluates how easy it is for your buyers to buy another substitutes to your product etc.

THREAT OF NEW ENTRY which evaluates the ability or easy access of new products to penetrate the market,how well you are to maintain your strength etc.

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3 years ago

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Answer: Case Study. Hope I helped <3

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3 years ago