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balu736 [363]
3 years ago
8

Hen a note receivable is honored, cash is debited for the note's ________ value

Business
1 answer:
adelina 88 [10]3 years ago
7 0
Maturity Value. 


Hope that helps! (:
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A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year,
Sophie [7]

Answer:

The appropriate answer is "$22,305".

Explanation:

The given values are:

Estimated uncollectible,

= $22,750

Credit balance in allowance,

= $445

Now,

The bad debt expense will be:

= Estimated \ uncollectible-Credit \ balance \ in \ allowance

By substituting the values, we get

= 22750-445

= 22305 ($)

5 0
2 years ago
Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest c
Mademuasel [1]

Answer:

Allocated costs= $116.7

Explanation:

Giving the following formula:

The activity rates associated with each activity pool are $8.70 per guest check-in, $18.00 per room cleaning, and $3.00 per served meal (not including food).

Julie Campbell visited the hotel for a 5-night stay. Julie had 6 meals in the hotel during the visit.

<u>To allocated costs, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated costs= 8.7 + 18*5 + 3*6

Allocated costs= $116.7

5 0
3 years ago
Many people are surprised that working for a charitable organization can be as good for your career as working for a:
erica [24]
I believe the answer is A becuase working at a lemonade stand helps you kinda run a business if you think about it
8 0
3 years ago
Clarence used to work as a doctor in a federal government hospital. After retiring, he started a private clinic to continue prac
Masteriza [31]

Answer:

self-actualization

Explanation:

The answer is deeply related to "Maslows Hierarchy of Needs."

Abraham Harold Maslow is a popular American psychologist who introduced a motivational theory consisting of five stages in relation to the<em> deficiency needs and growth needs of humans.</em>

Everything starts with the deficiency needs.<u> It is very important to satisfy this need in order to engage into the growth needs.</u> For example, a boy is very thirsty. If that need will not be met, the boy will continuously crave for water. On the contrary, if this is met immediately, the boy will aim to grow as a person. This is what you call the growth needs.

This needs are presented in a pyramid.

From top to bottom:

1. Self-actualization

2. Self-esteem Needs

3. Love or Belongingness Needs

4. Safety Needs

5. Physiological Needs

It is ideal for a person to progress from Physiological Needs to Self-actualization, but it doesn't mean every stage is always met. Sometimes, fluctuations occur depending on the situation.

Regarding Clarence's case above. It was stated that he already worked as a doctor in a federal government. This means that he has already satisfied his self-esteem needs and the other needs below. Becoming a doctor is a prestige and a feeling of accomplishment. This can be found on the <u>Self-Esteem Needs </u>stage. In addition to this, <em>Clarence already reached his full potential and is seeking for personal growth and independence. </em>This is backed by the statement above that he opened a private clinic to continue his practice. This means he is already on the self-actualization stage of the hierarchy. 

6 0
3 years ago
In what ways might monetary policy be superior to fiscal policy?
a_sh-v [17]

Monetary policy does not require congressional approval, it is more flexible than fiscal policy. Conversely, monetary policy has a propensity to increase inflation more than fiscal policy.

A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.

The Federal Reserve Bank of the United States carries out a monetary policy under a twin mandate to maximise employment while containing inflation.

A nation's overall money supply is managed by monetary policy, which also aims to promote economic growth.

Interest rate changes and adjustments to bank reserve requirements are examples of monetary policy strategies.

Learn more about monetary policy here:

brainly.com/question/28038989

#SPJ4

6 0
2 years ago
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