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4 years ago

Credit sales are recorded by crediting an accounts receivable. a. True b. False

1 answer:

4 0

True. Credit sales are sales that have already been made but the money is still due, so you are still waiting to receive it.

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The period of time that is ideal to achieve the success of a new product is the:

Sever21 [200]

Firms often lunch products periodically. The period of time that is ideal to achieve the success of a new product is the Launch window.

<h3>What is product launch windows?</h3>

Most firms often have a narrow product launch windows. In this type of window, there is a limited product life cycles.

Organizations due to the fact that they known the consequences behind missing the optimum point for a new product to be launch, they often take a the right and proactive steps toward the timing of product introductions to the market.

Learn more about Launch window from

brainly.com/question/8842371

8 0

2 years ago

A company purchased $270,000 in supplies during the year. The supplies account increased by $10,000 during the year to an ending

LuckyWell [14K]

Answer:

$260,000

Explanation:

Opening balance = Ending balance - Increase in ending balance

=$66,000 - $10,000

=$56,000

Supplies Expenses = Opening balance + Purchases - Closing balance

=$56,000 + $270,000 - $66,000

=$336,000 - $66,000

=$260,000

Therefore, the amount that will be the adjusting entry to supplies expenses is $260,000

7 0

3 years ago

Suppose nominal GDP in 2006 was $14460 billion. If the current year price index is 127. What was the real GDP for 2006 (in billi

Musya8 [376]

Answer:

$113.86 billion

Explanation:

Real GDP = nominal GDP/ price index

Real GDP = $14460 billion / 127 = $113.86 billion

I hope my answer helps you

7 0

3 years ago

Savant Homes, Inc., is a custom home designer and builder. Using what it called the Anders Plan, Savant built a model house in W

nevsk [136]

Answer and Explanation:

There is no copyright infringement here. Savant homes had not taken a copyright protection for the design prior to this time. Also in the case it was found that the design is not in fact a unique design by Savant homes as it is used widely and was common before savant homes used it. And so it was a dummy model for everyone to copy from. Therefore the infringement was considered invalid as there was no ground for savant homes to claim it as am intellectual property

5 0

3 years ago

A study finds that the noise from airplanes is harmful; hence, the government imposes a $20 tax on the sale of every airplane. T

allochka39001 [22]

Answer:

Decrease

$200

$190

$180

Explanation:

The question isn't complete. Here is the full question:

A study finds that the noise from airplanes is harmful; hence, the government imposes a $20 tax on the sale of every airplane. This amount accurately accounts for the external cost of the noise pollution. Before the corrective tax, airplane tickets regularly sold for $190. After the tax is in place, the market price for airplane tickets rises to $200.

The quantity of airplane tickets sold will

The socially optimal price of airplane tickets is

The private market price is

A firm selling airplane tickets receives after it pays the tax

The noise from the airplanes constitute negative externality.

Tax levied on negative externality is known as pigouvian tax.

As a result of the tax, the price of tickets increases and this would reduce the quantity of tickets demanded for according to the law of demand. According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

The social optimal price is the price of the ticket after the tax accounting for the externality has been added to price. The social optimal price is $200.

The private market price is the price before the taxes: $190.

The amount received by firms = $200 - $20 = $180

I hope my answer helps you

8 0

3 years ago