Answer:
A. NA = NA + NA NA -NA = NA NA NA
Explanation:
As Year 2 the customer paid Loudoun the $1,050,which was written off On April 4, Year 1.
Therefore, the following journal entries to record the transaction.
Accounts receivable debit $1,050
Allowance for doubtful accounts credit $1,050
To record reinstatement of accounts receivable.
Cash debit $1,050
Accounts receivable credit $1,050
As one asset account is increase and another asset account is decreased.
Answer:
He is trying to analyze the Gizell's Product life cycle
Explanation:
Product life cycle is the cycle which is the progression of the item through or via 4 stages of its time on the market. The 4 stages are Growth, Decline, Maturity and Introduction.
In this case, David is scrutinizes the sales records of Gizell and the profits which garmers from its sales. He is trying to analyze the product life cycle.
Answer:
The answer is $119
Explanation:
Solution:
The firm is working in a competitive market that is seen as perfect.
Thus,
The profit the condition for maximizing profit is given below:
P = MR =MC
Now,
The market price of the product is =$290
So,
P = $290
From the given table, we noticed that the profit maximizing output level is 9 units when P = MC
The profit (π) = total revenue - cost total
= ( P * Q) - ( ATC * Q)
= 290 * 9 - 171 * 9
= 2610 - 1539
= 1071
Therefore, the per-unit economic profit at the profit-maximizing output is
=$1071/9
=$119
Answer: True
Explanation:
Something that has caught the attention of many has been how electronic money has been used in countries like Kenya and Somalia. A study has confirmed that the use of mobile money has reduced poverty in places like Kenya. Mobile money is defined as money where people can make financial transactions through their phones.
This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.
Night shift employee's always get paid more than day shiff
