The scatter chart indicates that there is a positive linear relationship between profits and market capitalization.
<h3>What is a Scatter chart?</h3>
This is defined as a mathematical diagram which uses dots to represent values for two different numeric variables.
In this case, the scatter is relatively small with a positive slope which depicts a positive linear relationship between the variables.
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Answer:
The journal entries for the given economic events are given below:
Date Account Title Debit Credit
7/1/17 Treasury Stock (113 X $88) 9,944
Cash 9,944
9/1/17 Cash (62 X $94) 5,828
Treasury Stock (60 X $88) 5,280
Paid-in Capital from
Treasury Stock 548
(Paid in capital from Treasury Stock = 5828 - 5280 = 548)
11/1/17 Cash (51 X $86) 4,386
Paid-in Capital from
Treasury Stock 102
Treasury Stock (51 X $88) 4,488
(Paid in capital from Treasury Stock = 4488 - 4386 = 548)
Answer:
The correct answer is debit to Bad Debt Expense.
Explanation:
Taking into account the nature of both accounts, the registration of an account receivable is considered an asset taking into account that it is a callable value for the sale of products or services on credit, for which reason it is recorded in the debit to increase the company rights. In the exposed case, where the debt is considered uncollectible after exhausting many resources, the record is to recognize an expense (debit nature), against a credit to the account receivable with the objective of recognizing in the accounting the loss in the expense and the cancellation of the right in the asset.
Answer:
They are:
1) Intensive growth
2) Integrative growth
3) Diversification growth
Explanation:
1. Intensive growth:
This involves identifying further growth opportunities that are available within existing businesses. It identifies new customer groups for growth within current businesses, develop additional distribution channels or selling in new markets such as those in other countries. If this is insufficient the company may look into Integrative growth.
2. Integrative growth:
The second involves involves backward, forward, or horizontal integration. Horizontal integration involves buying smaller competitors.
Backward integration reaches into value chain to get suppliers. Forward involves buying distribution channels in the value chain closest to the customer. Integrative growth identifies opportunities to acquire businesses that are in relation to current businesses.
3. Diversification:
Diversification growth is to identify opportunities so as to add attractive unrelated businesses
Answer: False
Explanation:
There is a relationship between the level of education that a person receives and the lifetime earnings. It should be noted that the more education that a person receives, the higher the lifetime earnings of such person will be.
For example, someone who has a doctorate degree is expected to have a higher lifetime earnings than someone who has a high school degree.
Therefore, based on the explanation given, the statement is false.