Answer: (-2,0), (0,0) or A and B on E2020
Explanation: The line chart shows the X-intercepts as (-2,0) and (0,0).
Also: Just took quiz and got 100%
Answer:
a) Permanent source of finance
b) Spontaneous source of finance
c) Permanent source of finance
Explanation:
With transaction b), The credit is for day to day operations making it a spontaneous funding but credit usually do not take more than 90 days to pay therefore temporal can also fit in nonetheless Spontaneous is more appropriate as the credit is a spontaneous source of funding.
Answer:
$40
Explanation:
Target cost is the cost per unit arrived at after having deducted the required profit margin from the competitive market price.
It is a management technique that makes management think about ways to achieve a set target cost rather than forcing their actual cost plus profit margin on customers.
In this case, the competitive market price is $54 per unit of hard drive whereas the company expects to achieve a total profit of $14 per unit
Profit margin per unit=$14
competitive market price=$54
Target cost=competitive market price-profit margin per unit
Target cost=$54-$14
Target cost=$40
Answer:
B.
Explanation:
An uncollectible account or bad debt is an account receivable that the business cannot collect. Businesses account for bad debts by using
:
-the allowance method.
-the direct write-off method
.
The direct write-off method is primarily used by businesses with few credit customers. When it is determined that a customer is not going to pay, the uncollectible account is removed from the records.
To remove from the records, there is a credit to Accounts Receivable (asset account, increase by the debit) and a debit to Bad Debts Expense (expense account, increase by the debit).