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3 years ago

What are your special skills characteristics that are related with your business?

1 answer:

6 0

To answer this opinion based question as to what is my special skills characteristics that is related with my business.. Well to start with my business is more of a marketing and reselling of goods, my special skills with marketing is that i have Personal Relation to people. It is one of the most important thing for me because without it i can get close to clients' zone to make a deal to them.

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Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $11,000. If the

frosja888 [35]

Answer:

Adjustment balance will be $13800

Explanation:

We have given estimated uncollectible accounts are $11,000

And doubtful account is $2800

We have to find the balance after adjustment

Balance after adjustment will be sum of uncollectible accounts and doubtful account

So the adjustment balance will be equal to $11000 + $2800 = $13800

So the adjustment balance will be $13800

8 0

3 years ago

Lindsay Corporation had net income for 2018 of $3,000,000. Additional information is as follows: Depreciation of plant assets $1

melamori03 [73]

Answer:

Net cash provided by operating activities for 2018 was $4,560,000

Explanation:

The net cash provided by operating activities can be computed by preparing the operating activities of the statement of cash flow as shown below:

Net income for the year $3,000,000

add depreciation $1,200,000

add amortization $240,000

deduct increase in accounts receivable ($420,000)

add increase in accounts payable $540,000

net cash provided by operations $4,560,000

The cash provided by operating activities is $4,560,000

The rationale for deducting increase in accounts receivable is that the increase deprived Lindsay corporation cash of $420,000.

4 0

3 years ago

_____ must verify in writing the accuracy of their corporation's financial statements.

grin007 [14]

Chief operating officers (COO) and chief financial officers (CFO) must verify in writing the accuracy of their corporation's financial statements.

Answer: D)

3 0

3 years ago

What economic concept is applied in this statement?

ycow [4]

By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.

<h3>What are skills? </h3>

Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.

When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.

Therefore, option E positive externality is the correct option for the given statement.

Learn more about education, here:

brainly.com/question/27478017

#SPJ1

8 0

1 year ago

Parker Corp. owns 80% of Smith Inc.'s common stock. During Year 1, Parker sold Smith $250,000 of inventory on the same terms as

IrinaVladis [17]

Answer:

c. $500,000

Explanation:

Given that :

Parker Corp. owns 80% of Smith Inc.'s common stock

During Year 1, Parker sold Smith $250,000 of inventory

Therefore; adjusted for inter Corp. sales = $250,000

The following information pertains to Smith and Parker's sales for Year 1:

Parker Smith

Sales $ 1,000,000 $ 700,000

Cost of Sales $400,000 $ 350,000

Total $ 600,000 $ 350,000

For the Unadjusted Cost of Sales of Parker and Smith = $400,000+$ 350,000

= $750,000

The amount that Parker should report as cost of sales in its Year 1 consolidated income statement = Unadjusted Cost of Sales - adjusted for inter Corp. sales

= $750,000 - $250,000

= $500,000

7 0

3 years ago