All categories

2 years ago

2. The following data were taken from Stanton Company's balance sheet:

Business

1 answer:

mars1129 [50]2 years ago

7 0

hey can you send me the link for the next two weeks are you coming home

You might be interested in

Tri Fecta, a partnership, had revenues of $364,000 in its first year of operations. The partnership has not collected on $46,700

Nimfa-mama [501]

Answer:

Explanation:

3 0

3 years ago

Network Analytics Inc. (NAI) recently made a sale to a foreign trading partner, but the customer does not need to make a payment

emmainna [20.7K]

Answer:

The question is missing the options which can be found in the attached.

The correct option is banker's acceptance

Explanation:

Banker's acceptance is a guarantee by a bank to the exporting party to pay a sum of money at specific date.

In international business, exporters would require additional security against their receivable usually request for a banker's acceptance also known as bill of exchange.

The bank pays the exporter a discounted amount as agreed then chase the importer for the full value of the transaction.The difference between the discounted amount paid by the bank and the full value recoverable from the importer is the bank's margin.

4 0

4 years ago

An increase in the price of poultry would lead to__________

elixir [45]

Answer:

c.a decrease in quantity demanded of poultry and an increase in the demand for fish.

Explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.

6 0

3 years ago

Wilson states, "Culture is important to me. Our culture is based on accountability, camaraderie, and results. I’ve moved from fi

Snowcat [4.5K]

Answer:

Self nurturing

Explanation:

Self nurturing refers to teaching oneself and to learn along a period owing to the projects one undertakes. This means experience and knowledge attained over time by an individual. Such knowledge is acquired by an individual on his own.

Self nurturing entrepreneurs are those entrepreneurs who have immense self belief and who back their views and business ideas.

In the given case, Wilson has learnt from his experiences, the importance of organizational culture and what it stands for. Here Wilson depicts the trait of learning along on his own and being self taught. This displays the attribute of self nurturing.

6 0

4 years ago

Johnson Corporation unadjusted trial balance at year-end include the following accounts. Compute the uncollectible account expen

Alborosie

Answer:

Explanation:

The journal entries are shown below:

A. Uncollectible Expense A/c Dr $11,520

To Allowance for doubtful accounts A/c $11,520

(Being the uncollectible expense is recorded)

The computation is shown below:

= $1,152,000 × 1%

= $11,520

B. Uncollectible Expense A/c Dr $12,960

To Allowance for doubtful accounts A/c $12,960

(Being the uncollectible expense is recorded)

The computation is shown below:

= $1,152,000 × 1.5% × 75%

= $12,960

C. Uncollectible Expense A/c Dr $9,816

To Allowance for doubtful accounts A/c $9,816

(Being the uncollectible expense is recorded)

The computation is shown below:

= $12,000 - $2,184

= $9,816

5 0

3 years ago