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3 years ago

________ is a professional, business-oriented social networking site. Select one: A. Twitter B. LinkedIn C. Pinterest D. Flickr

Business

1 answer:

tamaranim1 [39]3 years ago

4 0

Answer: LinkedIn.

Explanation:

LinkedIn is a website created strictly for business related activities such as: job advertisement, job application services, business adverts and messaging services (for interaction between businesses and business and consumers of products).

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Carla is preparing a speech. How will creating an outline most help her speech?

lisov135 [29]

It will help organize the flow of ideas

5 0

3 years ago

Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 $ 260,000 Accounts Rec

Amiraneli [1.4K]

Answer:

1. Suzuki estimates 12% of receivables: Net income (before taxes) in 2021 decreases by $5,500 and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales: Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

Explanation:

1. Suzuki estimates 12% of receivables

Bad debts are estimated: 12% x $55,000 = $6,600

Before adjusting, Allowance for Uncollectible Accounts balance of $1,100 (credit).

Bad debts expense = $6,600 - $1,100 = $5,500

The entry will be made:

Debit Bad debts expense $5,500

Credit Allowance for Uncollectible Accounts $5,500

Net income (before taxes) in 2021 decreases by $5,500 and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales

Bad debts are estimated: 3% x $260,000 = $7,800

The company uses the percentage of sales method.

Bad debts expense = $7,800

The entry will be made:

Debit Bad debts expense $7,800

Credit Allowance for Uncollectible Accounts $7,800

Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

7 0

3 years ago

San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost

muminat

Answer:

The average cost of ending inventory is $37,259 and cost of goods sold for october is 24,166

Explanation:

In order to calculate the average cost of ending inventory, we would have to calculate first the cost to retail ratio with the following formula:

cost to retail ratio=Total cost/Total retail

According to the given data, the total cost=$61,425, and the total retail= $87,100, Hence:

cost to retail ratio=$61,425/$87,100= 70.5%

Also, we have to calculate the ending inventory at retail=$87,100+$1,700-$1,050-$37,00=$52,850

Therefore, the average cost of ending inventory= $52,850×70.5%

=$37,259

To calculate the cost of goods sold for october we would have to use the following formula:

cost of goods sold=Beginning inventory+purchases-ending inventory

=$40,000+$21,425-$37,259

=$24,166

6 0

3 years ago

The following information is available for Dakota Company: Product 1 Product 2 Sales $1,400,000 $1,800,000 Direct materials (200

xeze [42]

Answer:

$380,000

Explanation:

Particulars Product 1 (Amount)

Sales $1,400,000

(-) Direct materials ($200,000)

(-) Direct labor ($600,000)

(-) Manufacturing overhead

Batch level ($400,000*20/80) ($100,000)

Product line level ($600,000*10/50) ($120,000)

Gross margin $380,000

So, Dakota Company's gross margin for Product 1 using activity based costing is $380,000

6 0

3 years ago

Government spending will not crowd out private spending if:

yuradex [85]

There is an inflationary gap

I hope that helped

4 0

3 years ago