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2 years ago

Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.

1 answer:

8 0

Existence and accuracy Confirm accounts receivable ending balances and sales terms, and consignment arrangements.

Money owed receivable talk to the money an agency's clients owe for items or services they've acquired but not yet paid for. as an instance, when customers buy products on credit, the quantity owed gets added to the accounts receivable. it's an obligation created via a commercial enterprise transaction.

Money owed receivable are the price range that customers owe your company for products or services which have been invoiced. the entire cost of all debts receivable is indexed on the balance sheet as contemporary belongings and encompasses invoices that clients owe for gadgets or paintings done for them on credit score.

Debts receivable measure the cash that customers owe to a commercial enterprise for goods or offerings already provided. analyzing an employer's bills receivable will assist traders to gain a better feel of an agency's typical financial balance and liquidity.

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g Most economists use the aggregate demand and aggregate supply model primarily to analyze a. short-run fluctuations in the econ

nika2105 [10]

Answer:

a. short-run fluctuations in the economy.

Explanation:

Most economists use the aggregate demand and aggregate supply model primarily to analyze short-run fluctuations in the economy.

This simply means that, whatever makes the factors of production such as, land, labor, entrepreneurship, capital, or efficiency to either go up or down would certainly result in fluctuations in the economy of a particular country.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.

On a standard Aggregate demand (AD)-Aggregate supply (AS) curve, the y axis denotes the Price (P) of goods and services while the x axis typically denotes the Output (Q) of final goods and services.

In the short-run, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price) while a rightward shift in the aggregate demand (AD) curve also cause output to increase and rise in prices.

The short-run nominal fluctuations basically cause a change in the level of production. In the short-run, as a result of a shift in the aggregate supply; an increase in money consequently to result in increase the level of production (output).

Hence, more goods are produced as a result of the increased output (supply) and more goods would be purchased as a result of their lower prices.

6 0

3 years ago

From studying Geert Hofstede’s cultural dimensions, what differences exist between the United States and Brazil that may be rele

Alex

Answer:

what differences exist between the United States and Brazil that may be relevant to your communication?

Using Geert Hofstede's cultural dimensions as a framework, we can determine that the United States is higher on individualism while Brazil is higher on collectivism.

The United States is also higher on restraint, while Brazil is higher on indulgence.

2. How can you use words to relate to each audience?

For the United States, you should use words that motivate individuals. For Brazil, you should words that motivate collective groups.

3. What images will you use for each audience?

Again, for the United States, you should use images that represent individualistic cultural values, while the opposite should be used for Brazil: picture that represent more collectivist cultural values.

6 0

3 years ago

Which of the following best describes the main difference between scarcity and a shortage? a. while a shortage is a temporary ma

blsea [12.9K]

Answer:

The answer is <u>A.)</u>while a shortage is a temporary market condition, scarcity is an ongoing condition in the world.

Explanation:

It will not stop in the world no matter what it is a problem ethier way in the world.

6 0

2 years ago

An investor has sold 1 ABC Jan 50 Call and has bought 1 ABC Apr 60 Call. This is a:________.

Kitty [74]

Answer:

diagonal spread

Explanation:

Spread is basically a sale and purchase of a call. So here the the types of spreads determine the relationship between the strike price and the expiration dates of all options involved in the trade.

In this example investor has sold 1 ABC Jan 50 Call and has bought 1 ABC Apr 60 Call. This means he bought the option ABC with the longer expiration date and with a higher strike price and sold the option ABC with the near expiration date and the lower strike price. Here both the expiration and strike price are different. So this is an example of diagonal spread.

The option horizontal spread is incorrect because it is a spread that depicts the difference in expiration dates but strike price is the same. Here both the expiration and strike price are different.

The option straddle is incorrect because it is a spread in which both options have the same expiry date and same strike price. Here both the expiration and strike price are different.

The option dialogue spread is not a valid option too.

The option Combination is also suitable because this is an example of Combination and combinations include option spread trades such as vertical spreads, horizontal spreads, and diagonal spreads.

So the most suitable option is diagonal spread which is an example of Combination.

5 0

3 years ago

Lacy, Inc., produces a subassembly used in the production of hydraulic cylinders. The subassemblies are produced in three depart

meriva

Answer:(1)unit to be accounted for $730,000 (2) Equivalent unit of production Direct Materials $750,000, conversion cost $742,800 (3) unit cost for Direct materials $8, unit conversion cost $1.39 Total manufacturing cost $7,838,400 (4)unit accounted for $730,000, cost assigned to unit in ending inventory $12,800,journal entry Dr: work in process plate cutting $7,838,400, Cr: Work in process welding $7,838,400

Explanation:

(1) Physical flow schedule

Unit to be accounted for

Beginning work in process 750,000

---------------

Total unit accounted for. 750,000

Less: Ending inventory. 20,000

--------------

Unit accounted for transfer out. 730,000

(2)

Direct Materials. Conversion cost

Transfer out 730,000. 730,000

WIP(20,000 * 100%) 20,000

(20,000 * 64%) 12,800

-------------- -------------

750,000. 742,800

---------------- --------------------

(3) Unit cost of production

Unit Direct Materials Cost = Total material cost / Equivalent cost

= 6,000,000 / 750,000

= $8

Unit conversion cost = unit conversion cost / Equivalent unit of conversion cost

Unit conversion cost = Direct Labour + Cost of inspection

= 732,000 + 299,200

= 1,031,200 / 742,800

= 1.388

= $1.39

Total manufacturing cost

Direct Materials 6,000,000

Add:Purchases. 800,000

Add:Direct labour. 732,000

-----------------

Prime cost. 7,532,000

Add: Overhead. 299,200

Add: Beginning work in process 20,000

Less: Ending work in process. 12,800

---------------

Total manufacturing cost. 7,838,400

-----------------

(4) Unit accounted for transfer out = $730,000

Cost assigned to unit in ending inventory = $12,800

Journal entry

Dr: work in process plate cutting $7,838,400

Cr: Work in process welding $7,838,400

8 0

3 years ago