The best suggestion to give to Frank when he asked about
what could be done with the data that is being generated is that the data may
be of good use when the social media are being used in having to find out the
customer’s recommendations and the ones that they are buying in which could be
the common interest of buyers.
Answer:
debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts
Explanation:
The journal entry needed to record the adjusting entry by using the allowance method is given below:
Bad debt expense
To Allowance for doubtful debts
(Being bad debt expense is recorded)
Here the bad debt expense is debited as it increased the expense and credit the allowance as it decreased the assets
Answer:
conservation ethics
Explanation:
Conservation Ethics is a term in business-related operation that defines the appropriate use or average utilization of limited resources while sustaining the quality of general resources for human use such as natural habitats and atmosphere.
Hence, the correct answer is that Conservation Ethics Stresses a balance between resource use and resource availability
Answer:
Contribution margin per unit= $80
Explanation:
Giving the following information:
Unitary selling price of video game consoles $400
Unit variable costs $320
<u>To calculate the unitary contribution margin, we need to use the following formula:</u>
Contribution margin= selling price - unitary variable cost
Contribution margin= 400 - 320
Contribution margin= $80
Answer:
$32,183.77
Explanation:
The value of her investment at the end of the 40th year will be equal to the accumulated sum pf the monthly payment compounded at the 7% rate of return.
This is given as follows:
FV = A × (1 -(1+r)^(-n))/r
A- monthly payment, r- monthly interest rate, n- number of months
A- 200, r- 7%/12 =0.583%, n = 40 × 12 = 480
FV = 200× (1- (1.00583)^(-480))/0.00583
=32,183.767
= $32,183.77
