B. The higher the price, the larger the quantity produced.
Answer:
Entry: 1. Dr bad debts expense 5500
Cr Allowance for uncollectible accounts 5500
Explanation:
1.Account receivable = $44000
Allowance for uncollectible accounts(Dec,31 2021) = $1100
44000* 15% = 6600 - 1100 = $5500 Allowance for uncollectible accounts
2. Bad debts expense = (44000* 15%) = 6600
3. Uncollecible accounts = (Open) Allowance for bad debts + Current year Allowance.
= 1100 + 6600 = $7700.
4. 44000 - 7700 = $36300 net account receiable
Answer:
Positive deviance
Explanation:
Positive deviance is a methodology that is used by individuals who are associated with Eco-terrorism. They utilize radical criminal acts to spread their ecological philosophies. These individuals generally look for ratification of other people who share similar philosophies. These criminals believe that they will be viewed as heroes, and their actions will be seen as positive deviance.
Answer:
Limited liability company
Explanation:
A limited liability company is one that the owners are not personally liable for the business. Rather the company is a legal entity on its own and can be sued legally as a sepearte entity from its owners.
It combines features of a corporation and a partnership or sole proprietorship.
This will be the best type of business given that the business will not be expected to earn for the first two years. The sisters will not be personally liable for any debt incurred.
Also the business will continue even if only one of the sisters remains.
So an LLC is the best option for them.
There is a great deal of difference in interest rates between _______.
Answer: Out of all the options presented above the one that completes the statement above is answer choice C) excellent and poor credit ratings. The higher credit score you have the lower interest rates you will have to pay and the lower the credit score the higher interest.
I hope it helps, Regards.
