Answer:
The correct answer is letter "A": Investing decisions (Yes); Credit decisions (Yes).
Explanation:
Financial Accounting refers to gathering, recording, summarizing and reporting financial data related to a company. The ultimate objective is to accurately report the financial picture and results of a company at a certain point in time and over a certain point in time.
<em>The information gathered is helpful for investors so they can make decisions over what course the firm should follow moreover when a company might need credit to finance its operations.</em>
Answer:
3) Social classes show distinct product preferences in areas such as clothing.
Explanation:
Individuals that belong to the same social class exhibit similar buying patterns, which are different than those exhibited by people belonging to other social classes.
Social class is defined by an individual's economic status and his/her social hierarchy which is based on social esteem, prestige and success. The main factor in determining the social class of an individual is wealth, but not all the people that possess a similar amount of wealth belong to the same social class.
American society is generally divided into 5 social classes: upper, upper-middle, middle, working and lower. Generally the people belonging to the upper social class possess large inherited wealth (old money), while new rich people belong to the upper-middle class even though they might have even more money.
Answer:kindly check attached picture for details
Explanation:
Using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $7,500. The cost of the merchandise is $3,000. June 10 Received payment for one-third of the receivable from Jim Dobbs and wrote off the remainder. Oct. 11 Reinstated the account of Jim Dobbs and received cash in full payment.
Answer:
The effect of increasing the money supply on inflation.
Explanation:
Answer:
the total cost is $23,200
Explanation:
The computation of the total cost of the 2,000 units transferred is as follows:
= Total cost at that point + other cost
= $13,600 + (2,000 × (1 - 0.40) × $8)
= $13,600 + 2,000 × 60% × $8
= $13,600 + $9,600
= $23,200
hence, the total cost is $23,200
