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tatuchka [14]
2 years ago
7

Crowdsourcing tools and question-and-answer sites like _____ allow firms to reach out for expertise beyond their organizations.

Business
1 answer:
Bingel [31]2 years ago
3 0

Crowdsourcing tools and question-and-answer sites like Quora allow firms to reach out for expertise beyond their organizations.

<h3>What are crowdsourcing tools?</h3>

The term crowdsourcing is known to be the act of changing or turning to a body of people to get the needed knowledge, as well as goods or services.

Its types includes;

  • Crowd Voting
  • Crowd Funding

Therefore, Crowdsourcing tools and question-and-answer sites like Quora allow firms to reach out for expertise beyond their organizations.

learn more about Crowdsourcing  from

brainly.com/question/14490967

#SPJ1

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Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,600 account of a customer
umka21 [38]

Answer: Please see explanation for answers

Explanation:

1. Journal entry to record bad debt on January 31st

Date            Account Titles and Explanation            Debit            Credit

Jan. 31st      Allowance for doubtful account            $1,600

Account receivables  ( Customer C. Green)                                  $1.600

2. Journal entry to record recovery of bad debt on March 9

A) To reinstate Amount previously written off

Date            Account Titles and Explanation                  Debit            Credit

March 9 Account receivables  ( Customer C. Green)    $1,100

Allowance for doubtful account                                                          $1,100

B) To record payment of account

Date            Account Titles and Explanation             Debit            Credit

March 9            Cash                                                   $1,100

   Account receivables( Customer C. Green)                                  $1,100

3 0
3 years ago
22. At the end of each year for the next 18 years, you receive cash flows of $3700. The initial investment is $25,200 today. Wha
IrinaK [193]

Answer:

29.37%

Explanation:

Rate of return = Average annual income/Average initial investment

Average annual income = $3,700

Average initial investment = (I+s)/2

Average initial investment = (25,200+0)/2

Average initial investment = $12,600

Rate of return = $3,700/$12,600

Rate of return = 0.2936508

Rate of return = 29.37%

6 0
3 years ago
Which type of coverage pays an amount per day for hospitalization directly to the insured regardless of the insured's other heal
Diano4ka-milaya [45]

hospital indemnity

A supplemental insurance policy called hospital indemnity coverage is created to cover expenses associated with hospital admittance that might not be reimbursed by other insurance. Workers who are admitted to a clinic or intensive care unit for a covered illness or injury are covered by the plan. Additionally, it is accessible to businesses with as little as two employees.

Since the majority of Americans don't have enough resources to pay for unforeseen medical costs, hospital indemnity coverage can be very useful.1 The plan provides cash directly to workers even if they don't have any out-of-pocket costs. The funds can be used for anything, including: medical copays, deductibles, and ongoing costs like rent, food, and utilities.

To know more about hospital indemnity refer to brainly.com/question/253119

#SPJ4

6 0
2 years ago
On January 1, 2020, Ann Price loaned $187825 to Joe Kiger. A zero-interest-bearing note (face amount, $250000) was exchanged sol
igomit [66]

Answer:

$18,783

Explanation:

Ann Price loaned to Joe Kiger × Rate of Interest

Ann Price loaned to Joe Kiger$187,825

Rate of Interest 10%

Hence;

$187,825 × .10

= $18,783

Therefore amount of interest income should Ms. Price recognize in 2020 will be

$18,783

6 0
4 years ago
A firm wants to use an option to hedge 12.5 million in receivables from New Zealand firms.The premium is $.03. The exercise pric
morpeh [17]

Answer:

d. $6,500,000 dollars

Explanation:

Hedging is a strategy used by investment firms that want to minimize the risk of loosing their investments, so what they basically do is giving up the actions and investments and get some money in return, the exercise price is what they will pay you for your total investment, and the premium fee is somthing you have to pay to hedge an investment:

So you multiply the 12.5 million by .55 which is the amount you´ll receive, and withdraw form that the premium:

12,500,000x.55=$6,875,000

12,500,000x.03=$375,000

$6.875,000-$375,000= $6,500,000

The firm will receive $6,500,000 dollars.

3 0
3 years ago
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