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3 years ago

9

To properly address a business envelope, you should use A. boldface type for the ZIP code. B. a flush-right margin. C. all capit

al letters. D. four spaces between the city and state.

1 answer:

zhuklara [117]3 years ago

6 0

C. all capital letters

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A policy of permitting the people of a country to buy and sell where they please, without restrictions, is called:

jeyben [28]

Answer: free trade

Explanation:

A policy of permitting the people of a country to buy and sell where they please, without restrictions, is referred to as the free trade.

Free trade allows countries interact with one another and trade the foods and services that they've.

6 0

3 years ago

StoreAge Inc. recently paid its annual dividend ($3.00), and reported an ROE of 15%, of which 50% is paid as dividends. The stoc

Igoryamba

The correct answer is c) $79.43

8 0

3 years ago

Please help need this done for class tomorrow!

Ivanshal [37]

Answer:

0.31

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income

Income elasticity of demand = percentage change in quantity demanded / percentage change in income

Percentage change in income = $\frac{1000-300}{300}$ = 2.3

when income was $300, ramen was demanded twice, that is 2/7 times a week. converting to fraction gives 0.29

Percentage change in quantity = $\frac{0.5 - 0.29}{0.29}$ = 0.72

0.72/2.3 = 0.31

7 0

3 years ago

At year-end (December 31), Chan Company estimates its bad debts as 0.70% of its annual credit sales of $862,000. Chan records it

KiRa [710]

Answer: Please see the required journals below:

December 31:

Debit Bad debt expense $6,034

Credit Allowance for doubtful accounts $6,034

February 1:

Debit Allowance for doubtful accounts $431

Credit Accounts receivables $431

June 5:

Debit Cash $431

Credit Bad debt recovery (income statement) $431

Explanation: The company estimates its bad debt expense as percentage of sales. In this case 0.7% of its annual sales of $862,000 was deemed as uncollectible, that is, 0.7% x $862,000 = $6,034. The required journals to recognize this bad debt expense is provided above. However, since there was an existing provision, which resides in the allowance account, a write-off would definitely hit that account in order to extinguish the accounts receivable portion. Upon recovery of the write-off, we cannot reinstate the receivable since it was already extinguished but we need to recognize the recovery as a gain.

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4 years ago

Read 2 more answers

An electronics company has developed a new hand-held device. The company predicts that the start-up cost to manufacture the new

Leni [432]

Answer:

A) to calculate the break even point we can use the following:

break even point = fixed costs / contribution margin

break even point = 125,000 / (9 - 6.5) = 125,000 / 2.5 = 50,000 units

The company must sell over 50,000 units to make a profit

B) if the unit production costs increase 10%, the new unit cost will be $7.15, and the new break even point will be: 125,000 / (9 - 7.15) = 125,000 / 1.85 = 67,567.6 which we round up to 67,568 units.

Now the company must sell at least 67,568 units to make a profit

C) If the company wants to increase its product price to a level where the break even point is 50,000 units, then the new price should be $9.65.

The contribution margin must be $2.5, so if the production costs are $7.15, we just add $2.5 to get $9.65 per unit.

3 0

3 years ago