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3 years ago

How are wages and salaries different from interest and rent income

Business

1 answer:

Lynna [10]3 years ago

5 0

Answer:

How are wages and salaries different from interest and rent income? It is not earned through actual labor. ... Direct - consumers pay the taxes directly to the government. Indirect - consumers are charged on goods or services and the taxes are sent to the government.

Explanation:

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The goals of __________ are to determine the work load at which systems performance begins to degrade and to identify and elimin

kondor19780726 [428]

Volume testing does these things

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3 years ago

After much searching, Mort located an old banking friend of his father's. The banker offered Mort up to $25,000 in unsecured fun

VladimirAG [237]

Here, in the given case, Mort was offered a <u>line of credit </u>financial facility. Therefore, Option D is the correct choice.

<h3>What is a line of credit?</h3>

A line of credit is a versatile mortgage from a monetary group that includes a described amount of cash that you could access as needed and pay off both right now or over time. Interest is charged on a line of credit as quickly as money is borrowed.

The missing information in the question is given below:

A. revolving credit agreement.

B. asset guarantee pledge.

C. pledging agreement.

D. line of credit.

Therefore, Here, in the given case, Mort was offered a<u> line of credit </u>financial facility. Therefore, Option D is the correct choice.

Learn more about line of credit:

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4 0

1 year ago

At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $779,000. Chan records it

ki77a [65]

Answer and Explanation:

The journal entries are as follows

On December 31

Bad debt expense Dr $2,337 ($779,000 × 0.30%)

To Allowance for doubtful debts $2,337

(Being the estimated bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and credited the allowance as it decreased the assets

On Feb 01

Allowance for doubtful debts Dr $390

To Account receivable $390

(Being the written off amount is recorded)

For recording this we debited the allowance as it increased the allowance and credited the account receivable as it decreased the assets

On June 5

Account receivable $390

To Allowance for doubtful debts Dr $390

(Being the uncollected amount is recorded)

For recording this we debited the account receivable as it increased the assets and credited the allowance as it decreased the assets

On June 5

Cash Dr $390

To Account receivable $390

(Being the cash received on account is recorded)

For recording this we debited the cash as it increased the assets and credited the account receivable as it decreased the assets

3 0

3 years ago

How are u supposed to answer another persons question

Kay [80]

Answer:

You just press answer and click on the question. You have to be fast though because there is a 2 person maximum to answer a question.

6 0

3 years ago

Read 2 more answers

A company operating under an EOQ policy enjoys rising annual demand for their products for three consecutive years. During this

Oduvanchick [21]

Answer:

Their order quantity will rise but the time between orders will fall.

Explanation:

Let's analyse the EOQ formula:

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

If Demand increases

The dividend increase, so the quotient increase.

EOQ will rise.

<u>Only options b and c are correct on that statment.</u>

Now let's check the time between order:

$\frac{EOQ}{Demand} \times 365$

If we analyze the increase in demand:

√(2xΔDxS/H)/ ΔD

everything else is keep constant so we have:

√(CxΔD)/ ΔDx

If we use L'Hopital we can conclude this function limit is zero.

Anyway a more easy way to do it will be calculate with a demand of 1000

and then with a demand of 50,000 to notice how much the time between order decrease.

√(1000) / 1000 = 0.031622776

√(51000)/ 51000 = 0.004428074

<u>so we have EOQ increase and days between order decrease.</u>

Now only option B is correct !

8 0

3 years ago