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2 years ago

QUESTION 2

1 answer:

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The examining new product development survey results, it is important to run cross tabulations to see how results differ by segment. The statement was true. Thus, option (a) is correct.

What is cross tabulations?

A link between two or more variables can be discovered via a cross-tabulation. The data used in the cross tabulation was intricate. In data and survey research, this cross-tabulation is employed.

The cross tabulation displays the association between two distinct variables in several segmentation. The segment is plotted along the x-axis, while several variables are plotted along the y-axis.

Therefore, option (a) is correct.

Learn more about on cross tabulations, here:

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Rachel receives employer provided health insurance. The employer's cost of the health insurance is $6,800 annually. What is her

kati45 [8]

Answer: $0

Explanation:

An Employee-sponsored Health Insurance within this price range is deducted as an expense and not taxed. This applies to all health coverage that cost below $10,200 for individuals and $27,500 for families. Any amount above this attracts a 40% tax levied on the excess amount (over $10,200 or $27,500).

This is Known as the Cadillac Tax. it is used to limit the amount of health coverage an employer has for employees, thereby reducing the amount an they can deduct as expense. This curbs employers from offering needlessly expensive coverage with the sole aim of reducing payable tax.

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3 years ago

At the beginning of the current period, Kingbird Corp. had balances in Accounts Receivable of $191,500 and in Allowance for Doub

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Answer:

Journal entries

Explanation:

The journal entries are as follows

a. Account receivable $733,600

To sales revenue $733,600

(Being the sales is recorded)

Cash Dr $767,780

To Account receivable $767,780

(Being the collection is recorded)

b. Allowance for doubtful debts $7,149

To Account receivable $7,149

(Being the written off amount is recorded)

c. Account receivable $2,957

To Allowance for doubtful debts $2,957

(Being the previously written off as uncollectible is recorded)

Cash Dr $2,957

To Account receivable $2,957

(Being the recovery is recorded)

d. Bad debt expense $19,742

To Allowance for doubtful debts $19,742

(Being the bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= Opening balance of Allowance for Doubtful Accounts - written off amount + recovery amount - uncollectible amount

= $9,890 - $7,149 + $2,957 - $25,440

= $19,742

4 0

4 years ago

Rather than acquiring Almodovar Holdings in Spain, Omega, Inc. chose to establish new operations in that country. This form of F

Flauer [41]

Answer: Greenfield investment

Explanation:

The green field investment is one of the form of FDI (Foreign direct investment) and by using this type of investment process the company basically creating the various types of new facilities such as selling process and the production facility.

The greenfield investment is one of the type of economics based concept it helps in forming the various types of marketing partnership and also control all the relative investing process.

According to the given question, the greenfield investment is one of the type of foreign direct invest process that helps in establishing the new function and operation in the country.

Therefore, Green-field investment is the correct answer.

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3 years ago

Ace Company sells merchandise to a customer in the amount of $200 on credit, terms n/30. The entry to record this sale would inc

Eduardwww [97]

The journal entry to record the given sale of $200 on credit would include a debit to the bill receivables account.

<h3>What is a journal entry?</h3>

A systematic and chronological record of financial transactions that take place in a business organization during a given period is known as a journal entry.

Hence, the significance of journal entry is given.

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2 years ago

The following statements regarding merchandise inventory are true except: Multiple Choice Merchandise inventory refers to produc

seraphim [82]

Answer:

Merchandise inventory appears on the balance sheet of a service company.

Explanation:

A service company sells services, not goods. Services are intangible, therefore they cannot be stored, so there cannot exist an inventory of unused services.

Merchandise inventory includes the goods that a business owns and will try to sell, and buying and selling them is part of the business's normal activities. The cost of the goods included in the merchandise inventory may include freight costs and packaging costs, depending on what type of product they are selling. Merchandise inventory is a current asset account.

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3 years ago