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3 years ago

True or false: a decrease in supply of notebooks lowers the quantity of notebooks supplied but not the quantity demanded

Business

2 answers:

Triss [41]3 years ago

4 0

This is true. a decrease in supply of notebooks lowers the quantity of notebooks supplied can vary.

Elden [556K]3 years ago

3 0

This is a true statement. When the supply of notebooks is decreased in the market, this would consequently cause the quantity that is supplied or available to simultaneously go down, despite the fact that the demand remains unchanged as a result of continued need for the item.

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Facial cosmetics provides plastic surgery primarily to hide the appearance of the appearance of unwanted scars and other blemish

Gala2k [10]

Answer:

1.Alllowance for uncollectible accounts 2,400

2.Dr Bad Debt Expense 2700

Cr Allowance for Doubtful Account 2700

3.Dr Allowance for Doubtful account 400

Cr Accounts receivable 400

4) Dr Cash 100

Cr Allowance for Doubtful account 100

Explanation:

Calculation of the allowance for uncollectible accounts

Using this formula

Alllowance for uncollectible accounts=(Not Yet Due)+(0-30 days past due)+(30-60 days past due)+(More than 60 days pst due)

Let plug in the formula

Alllowance for uncollectible accounts=

(30,000 *2% )+ (10,000* 5%) + (7,000* 10 %)+(3,000* 20% )

Alllowance for uncollectible accounts =600+500+700+600

Alllowance for uncollectible accounts = 2,400

2)Record of the he December 31, 2018 adjusting entry

300 debit balance+ 2,400

=2,700 Adjustment

Dr Bad Debt Expense 2,700

Cr Allowance for Doubtful Account 2 700

3) Journal entry to record the write off.

Dr Allowance for Doubtful account 400

Cr Accounts receivable 400

4) Journal entry to Record the cash collection

Dr Cash 100

Cr Allowance for Doubtful account 100

7 0

4 years ago

Royal bank quotes a value for the japanese yen (¥) of $0.007, and a value for the canadian dollar (c$) of $0.821. the cross exch

USPshnik [31]

If you have $500,000 and the yen exchange rate is .007, you would have

500,000/.007 = 71,428,571.43 yen

Then, if the exchange rate to Canadian dollars is 118 then you would have

71428571.43/118 = 605,326.88 dollars

Then if the exchange rate back to US dollars is .821, you would end up with

605,326.88 / .821 = $737,304.36

5 0

4 years ago

With practical illustrations, discuss how managers can leverage on organizational behaviour components to maximize business succ

krok68 [10]

Explanation:

In an organization, human capital is grouped into different teams and units in order to assist in achieving organizational goals and objectives. The study of organizational behavior will assist in understanding how people of different profiles and personalities will behave according to their functions and groupings.

In a practical illustration, managers can analyze the organizational structure to align their decisions and increase their control. In organizations with a decentralized structure, managers can set up decision-making units to evaluate new ideas and innovative concepts.

Organizational policies and procedures must also be developed comprehensively, and firstly complied with by the company's leadership, so that each employee feels ethically protected and has as an example how to act and work in that organization.

It is also necessary to have a well-established communication system, so that there is no noise and so that the information is shared in an ideal way.

Finally, integrating ethical work with technologies that make work easier and faster are some techniques that can help managers to maximize business success.

8 0

3 years ago

___________ is the senior-most executive in the enterprise responsible for IT vision and leadership for IT initiatives.

Oksanka [162]

Answer:

chief information officer

Explanation:

Chief information officer (CIO) is an executive job title commonly given to the person at an enterprise in charge of information technology (IT) strategy and the computer systems required to support the organization's unique objectives and goals.

7 0

3 years ago

Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options fo

Solnce55 [7]

Answer:

$8,300

Explanation:

Calculation for what Elroy's incremental profit or loss would be if he chooses option 2 over option 1

Using this formula

Incremental Profit of option 2 over option 1= Profit from option 1 - Profit from option 2

Let plug in the formula

Incremental Profit of option 2 over option 1= ($3,600*3)-(3*$1,100 - $800)

Incremental Profit of option 2 over option 1= $10,800 - $2,500

Incremental Profit of option 2 over option 1= $8,300

Therefore Elroy's incremental profit or loss would be if he chooses option 2 over option 1 would be $8,300

4 0

3 years ago