Answer:
(C)
Explanation:
Liquidity refers to how quickly or readily an asset is convertible into cash.
Following the order of liquidity, cash in hand is the most liquid item and hence it is presented first in the balance sheet. Similarly, marketable securities are highly liquid. These are followed by accounts receivables, inventory , fixed assets and lastly intangibles such as Goodwill, Patents etc are presented.
Answer:
December 31, 2020
- Dr Bad Debt expense 18,690
- Cr Allowance For Doubtful Accounts account 18,690
Explanation:
First we need to determine the total amount of uncollectible accounts receivable = $385,600 x 6% = $23,100
Then we must subtract the amount already recorded in allowance for doubtful accounts from our total uncollectible accounts = $23,100 - $4,410 = $18,690
We have to debit the difference and credit the contra asset account:
Dr Bad Debt expense 18,690
Cr Allowance For Doubtful Accounts account 18,690
The answer would be factor endowments. It is because factor endowments is based on what the country has or possess in terms of the labor, capital and land that they acquire. It is also used for manufacturing and how much the country could exploit in regards to this factors. It is related to the given statement above so the answer would be letter D.
(b) Increased effectiveness of collection methods - It will increase the turnover ratio and decrease the days to collect.
Effectiveness is the functionality of producing a preferred result or the capability to supply preferred output. whilst something is deemed powerful, way it has a supposed or predicted outcome, or produces a deep, vibrant effect.
Effectiveness is the principle noun form of the adjective effective, this means “ok to accomplish a cause; producing the supposed or predicted end result.” (another, less common noun form of effective is efficiency.).
Learn more about effectiveness here: brainly.com/question/14905866
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Answer:
The correct answer is number "3": maximize the joint welfare, irrespective of the right of ownership.
Explanation:
Externalities are the side effects of the economy: pollution, noise, unequal distribution, immigration, and resource exploitation are a few examples. the Coase Theorem is a legal and economic theory that looks for economic efficiency in front of externalities like the one described above. In pursuing a Coase solution for externalities that could lead to a socially efficient outcome, increasing the numbers of welfare so enough less favored people and immigrants can have a roof to sleep under might be a good option.