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Ad libitum [116K]
4 years ago
6

The formal or informal societal rules that specify or prohibit certain behaviors in specific situations are called ______.

Business
1 answer:
babymother [125]4 years ago
6 0

Answer:

social norms

Explanation:

Social norms can be seen as mutual depictions of appropriate social behavior as well as internal opinions of specific group behavior. Norms can be seen as cultural ideas (including principles, traditions, and rituals) that serve a basic understanding of what others practice and believe that they ought to be doing.

Social norms are, if seen as a societal viewpoint, informal interpretations which regulate the actions of people in a society. In response to religious or community expectations, behavioral economics acknowledges smaller group structures (such as a team or perhaps a department) can also accept norms independently.

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Matthews Company uses the percentage-of-sales method to estimate the Allowance for Doubtful Accounts. Before adjustment, the All
Aleks04 [339]

The amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.

<h3>What is the percentage-of-sales method?</h3>

The percentage-of-sales method is one of the methods for estimating the Allowance for Doubtful Accounts.

This method uses a predetermined percentage that is applied on the Net Credit Sales to determine the amount of the Allowance for Doubtful Accounts for the period.

<h3>Data and Calculations:</h3>

Debit balance of Allowance for Doubtful Accounts = $2,500

Net Credit Sales = $725,000

Uncollectible estimate = 1% of net credit sales

= $7,250 ($725,000 x 1%)

Bad Debts Expense $9,750 Allowance for Doubtful Accounts $9,750 ($2,500 + $7,250)

Thus, the amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.

Learn more about the Allowance for Doubtful Accounts at brainly.com/question/24938115

7 0
2 years ago
Networks are proven to be relevant in the context of innovation and entrepreneurship. Explain
kolbaska11 [484]

Answer:

Accommodation

Engagement Refinement

Explanation:

In the entrepreneurial ecosystem, networks still remain a popular and important aspect which is often thought and seen as a stepping stone to achieving entrepreneurial greatness. This network simply entails the creation of a circle or set of skilled individuals usually in different strategic areas of specialization relevant to a certain business line or sector. This way embarking on projects tends to be much easier as these networks of people can offer help, tips or together engage in to proffer solution on time. Networks are created usually through meetups and good interpersonal relationships. Having professionals around can speed up processes and. However, networks has to be properly managed usy be being accommodating and warm when approcached; frequent engagement topics and trending issues, including the desire to learn more and measure up to new trends.

8 0
3 years ago
Which of the following is an advantage of using credit?
docker41 [41]

Answer:

Advantages of using credit include the ability to make purchases when cash inflow is low and the convenience of not carrying cash or checks. Credit cards can eliminate the need for carrying large amounts of cash.

Explanation:

google hope this helps

6 0
3 years ago
Read 2 more answers
A study of about 1,800 U.S. colleges and universities resulted in the demand equation q = 9,900 − 2p, where q is the enrollment
Ratling [72]

Answer:

The corresponding price elasticity of demand is -2.00.

Explanation:

The price elasticity of demand is obtained by differentiating the demand equation with respect to the average annual tuition fees (p).

The demand equation is q = 9,900 - 2p

Differentiating q with respect to p

dq/dp = -2 (differentiation of a constant is 0)

Therefore, the price elasticity of demand is -2.00.

7 0
3 years ago
I’m thinking the 2nd answer idk<br> Help please
muminat

yes it's B even tho it could be possible its the worst example :)


4 0
4 years ago
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