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3 years ago

According to the generation m2 study, millennials spend ______ percent of their media use time with a mobile device.

1 answer:

8 0

According to the generation m2 study, millennials spend 20 percent of their media use time with a mobile device.
People in the range of 8 to 18 years old spend more time on media rather than other activities. we see these days kids have their own mobile phones, ipads, laptops etc. and spend more time on those instead of playing or other activities.

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In what year did engineers complete the first programmable microprocessor?

Nitella [24]

The answer is B. 1971

The first programmable microprocessor was completed in late 1971.

Hope this helped. Have a great night!

6 0

3 years ago

Review the steps in the accounting cycle and answer the following questions:

GenaCL600 [577]

Accounting cycle has various steps to discuss, which are listed below,

Explanation:

The first step in accounting cycle is to analyze and have a record of transactions.

Post closing trial balance is an optional step in the accounting cycle.

Journalizing and posting the closing entries are the steps required to complete throughout the accounting period.

Adjustments of accounts, preparing the financial statements and closing accounts are completed at the end of accounting cycle period.

The last step in the accounting cycle is to post closing trial balance.

4 0

4 years ago

Nanjones Company manufactures a line of products distributed nationally through wholesalers. Presented below are planned manufac

Dima020 [189]

Answer:

Manufacturing overhead volume variance= $1,200 unfavorable

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Fixed Predetermined manufacturing overhead rate= 1,200,000/240,000

Fixed Predetermined manufacturing overhead rate= $5 per machine hour

Now, to calculate the fixed manufacturing overhead volume variance, we need to use the following formula:

Manufacturing overhead volume variance = Actual Factory Overhead - Budgeted Allowance Based on Standard Hours

Manufacturing overhead volume variance= (101,200) - (5*20,000)

Manufacturing overhead volume variance= $1,200 unfavorable

5 0

3 years ago

Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a

MArishka [77]

Answer:

1. The Bad debt expense for 2013 is $67,500

2. The amount of accounts receivable written off during 2013 is $69,500

3. If the company uses the direct write-off method, the bad debt expense for 2013 would be $69,500

Explanation:

1. In order toCalculate the bad debt expense for 2013 we would have to make the following calculation:

Bad debt expense=1.5% of Net Credit Sales

=1.5%×$4,500,000

=$67,500

The Bad debt expense for 2013 is $67,500

2. In order to Determine the amount of accounts receivable written off during 2013 we would have to make the following calculation:

amount of accounts receivable written off=$42,000+$67,500-$40,000

amount of accounts receivable written off=$69,500

The amount of accounts receivable written off during 2013 is $69,500

3. Using direct write off method, the bad debt expense is recognized only when the actual bad debt is incurred. The actual bad expense would be the amount of accounts receivable written off during the year. Accounts receivable written off during the year would be same in both the methods.

Thus, the bad debt expense for the year 2013 would be $69,500.

4 0

4 years ago

Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable

pav-90 [236]

Answer: $400,000

Explanation:

Days Sales Outstanding is used by a firm to estimate the amount of its accounts receivable.

DSO (Days Sales Outstanding) = Accounts Receivables/Average Sales per day

Where DSO= 20 days

Average sales per day= $20,000

Accounts receivable (AR) =?

20=AR/20000

Cross multiply to make AR the subject of the formula

Accounts Receivables = 20 x 20000

AR=$400,000.

3 0

3 years ago