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MariettaO [177]

3 years ago

5

If houston company billed a client for $18,000 of consulting work completed , the accounts receivable asset increases by $18,000

and:

1 answer:

Pavlova-9 [17]3 years ago

7 0

The answer is

Revenues increases by 18000

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A proper greeting is essential to which part of the sales process?

Allushta [10]

I’m not sure but maybe c

3 0

3 years ago

Why might an economist favor activist policies in developed countries and laissez-faire policies in developing countries

Maslowich

Answer:

One of the main economic issues in developing countries is rampant corruption or extremely inefficient government institutions. This means that less government intervention is always better in developing countries.

On the other hand, in developed countries, the checks and balances system exists within government institutions and even though corruption may exist, it is not as widely spread. The most severe economic problem in developed countries is inequality and huge economic actors. This is why activist policies may be necessary in developed countries, at least in certain economic sectors.

5 0

3 years ago

7. Gulf Real Estate properties just signed contracts for two new listings: a Gulf View condominium with a list price of $589,000

oksano4ka [1.4K]

Answer:

The answer is "135 days"

Explanation:

Condo with a list price of Gulf View $= \$589,000$

They recognize for a Gulf View the preciously calculated summary analysis

The average cost list for a condominium is474.0075 and that average sale value is 454.245.

$\to \$474,000 -\$454,245 = \$20,755$

We also are selling $20,755 underneath the selling price on average.

$\to \frac{20,755}{474,000} = .0437869198$

Therefore a typical condominium in the South View is selling 4.38% well below the price list.

$\to 589,000 \times (1- .0438)=563,209.5042$

The estimated sales price is thus approximately $563,210

The amount of times that mine device needs and be delivered is an approximate 106 days of median number calculated at a number 1.

No condo Gulf Views $285,000 List price

Through the previously calculated concise figures, we learn that the average price list is 212.805556 for a Non-Gulf View Condominium or that the total selling price is 203.133333.

$\to \$212,806 -\$203,133 = \$9,673$

We sell $9,673 below the value of the total on average.

$\to \frac{9,673}{212,806} =.045454545$

Therefore a condo in No Gulf Vision offers on aggregate 4,545% well below the selling price.

$\to \$285,000 \times (1-.04545)=272,045.4545$

The average price is therefore approximately $272.045.

My projected place to trade this unit is the number of days in number 2 measured to be 135 days.

3 0

3 years ago

Record year-end adjusting entries (LO3-3) Below are transactions for Wolverine Company during 2021. On December 1, 2021, Wolveri

marysya [2.9K]

Answer: See explanation

Explanation:

1. Dr Deferred revenue 2,000

Cr. Rent revenue 2,000

2 Dr. Insurance expense 6,600

Cr. Prepaid insurance 6,600

3 Dr Salaries expense 3,000

Cr Salaries payable 3,000

4 Dr Interest expense 250

Cr Interest payable 250

5 Dr Supplies expense 3,900

Cr Supplies. 3900

N. B:

Rent revenue for December was calculated as:

= $4,000 x 1/2

= $2,000

Insurance expense for the current year was calculated as:

= $13,200 x 6/12

= $6,600

Interest expense:

= $15,000 x 10% x 2/12

= $15000 × 0.1 × 2/12

= $250

Supplies expense:

= $1,000 + $3,400 - $500

= $3,900

3 0

3 years ago

The break-even point is that level of activity where: Multiple Choice a) total revenue equals total cost. b) variable cost equal

shtirl [24]

Answer:

a) total revenue equals total cost.

Explanation:

The break-even point is the level of activity in which total revenue equals total cost. It can also be defined in terms of units sold for a year is as the fixed expenses for the year divided by the contribution margin per unit of product. Note that exactly at the break-even point, there is no profit or loss.

Therefore, the answer is alternative a).

3 0

3 years ago