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3 years ago

The rise of internet marketing has become particularly important in doing business in the b2b markets.

1 answer:

8 0

<span>This is very true. Business-to-Business markets heavily rely on internet marketing and using internet vendors to procure goods and services. This allows for faster transaction times and more ease in getting what is needed to keep a business competitive in today's climate.</span>

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Johnson Corporation unadjusted trial balance at year-end include the following accounts. Compute the uncollectible account expen

Alborosie

Answer:

Explanation:

The journal entries are shown below:

A. Uncollectible Expense A/c Dr $11,520

To Allowance for doubtful accounts A/c $11,520

(Being the uncollectible expense is recorded)

The computation is shown below:

= $1,152,000 × 1%

= $11,520

B. Uncollectible Expense A/c Dr $12,960

To Allowance for doubtful accounts A/c $12,960

(Being the uncollectible expense is recorded)

The computation is shown below:

= $1,152,000 × 1.5% × 75%

= $12,960

C. Uncollectible Expense A/c Dr $9,816

To Allowance for doubtful accounts A/c $9,816

(Being the uncollectible expense is recorded)

The computation is shown below:

= $12,000 - $2,184

= $9,816

5 0

3 years ago

Apex Fitness Club uses straight-line depreciation for a machine costing $23,860, with an estimated four-year life and a $2,400 s

maria [59]

Answer:

1. Book value at end of year 2 = $13,130

2. Depreciation from year 3 for last 3 years = $3,710 each year, that is $11,130 for three years.

Explanation:

As for the provided details, we have:

Cost of machinery = $23,860

Expected life = 4 years

Salvage value = $2,400

Straight line depreciation = $\frac{23,860 - 2,400}{4} = 5,365$

Under straight line method depreciation remains constant for life of asset.

Book value at end of year 2 = $23,860 - ($5,365 $\times$ 2) = $13,130

Thereafter in the beginning of year 3 the estimate is made to realize that the total remaining life expected is 3 years, with salvage value $2,000

Thus, depreciation from year 3 = $\frac{13,130 - 2,000}{3} = 3,710$

Therefore, depreciation from year 3 to year 5 = $3,710 each year.

Total depreciation of last 3 years = $3,710 $\times$ 3 = $11,130

3 0

3 years ago

Bond prices are _______ sensitive to changes in yield when the bond is selling at a _______ initial yield to maturity.

Delvig [45]

Answer: more; lower

Explanation:

The yield to maturity is the annual rate of return for a bond which has been estimated as long as the bind is being held by the investor till it matures.

It should be noted that Bond prices are more sensitive to changes in yield when the bond is selling at a lower initial yield to maturity.

7 0

3 years ago

Delivery of stock index futures a. is never made. b. requires delivery of 1 share of each stock in the index. c. is made by a ca

jolli1 [7]

Answer: c. is made by a cash settlement based on the index value

Explanation:

Stock index futures are settled by cash sort of like index options.

This means that there is no delivery of the actual underlying asset at the end of the contract.

The cash / profit is determined by the starting and ending prices of the futures contract.

6 0

3 years ago

During February 2018 its first month of operations, the stockholders of Bonita Enterprises invested cash of $49500. Bonita had c

hichkok12 [17]

The balance in Cash at February 28 = $44900

<u>Explanation:</u>

Given:

Cash invested by stockholders of Bonita Enterprises = $49500

Cash revenues of Bonita = $10100

Expenses paid by Bonita = $14700

Calculation of balance in cash as follows:

The balance in Cash at February 28 = Cash Invested + Cash Revenues - Paid Expense=$ 49,500 + $ 10100 - $ 14,700= $ 44900

Hence the correct answer is $44900

5 0

3 years ago