2 years ago

List at least three features that would be considered "general characteristics."

Business

1 answer:

Dmitriy789 [7]2 years ago

5 0

Answer:

average values , size , reputation.

Explanation:

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Wealth is redistributed from creditors to debtors when inflation is

Ksivusya [100]

Answer:

unexpectedly high.

Explanation:

options:

a. unexpectedly high

b. high, whether it is expected or not

c. unexpectedly low

d. low, whether it is expected or not

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3 years ago

Accrued Product Warranty Fosters Manufacturing Co. warrants its products for one year. The estimated product warranty is 3% of s

Ksju [112]

Answer:

Warranty Expenses $6,330 (debit)

Provision of Warranty Expense $6,330 (credit)

Provision of Warranty Expense $240 (debit)

Raw Materials : Parts $170 (credit)

Labor $70 (credit)

Explanation:

Entry to record the warranty estimate for the year :

Hint : Recognize an Expense : Warranty Expenses and a Liability : Provision of Warranty Expense

Warranty Expenses $6,330 (debit)

Provision of Warranty Expense $6,330 (credit)

Warranty Expenses Calculation = $211,000 × 3% = $6,330

When customer received warranty cost

Hint : Utilize the Provision that had been previously recognized.

Provision of Warranty Expense $240 (debit)

Raw Materials : Parts $170 (credit)

Labor $70 (credit)

3 0

3 years ago

2. Which of the following statements about interest is true? a. Interest is a one-time fee that you pay for lending money. b. In

mel-nik [20]

the answer is B. Interest is expressed as a percentage of the amount you are borrowing.

5 0

3 years ago

A nation has a GDP of 685m. It has a growth rate of 4%. How long will it take the nations GDP to double?

katovenus [111]

The Rule of 70 can be used to determine the length of time it would take for a variable to double. In this case, using a growth rate of 4%, we can divide 70/4 to find that it would take 17.5 years for the GDP of this nation to approximately double.

7 0

3 years ago

Jorge Company had the following transactions during 2017. • Sales of $4,500 on account • Collected $2,000 for services to be per

Dennis_Churaev [7]

Answer:

Ne Income 425

Explanation:

Revenue 2000

Salaries 1325

Travel expenses 250

Net Income 425

The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made

8 0

3 years ago