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2 years ago

The Break-Even Point in your business is when

1 answer:

5 0

Answer: In this letter you want to make sure that you are being clear and concise, so as to avoid any confusion about what your relationship will be in the future (ended). This means that you want to avoid any potential legal liability, and explain yourself in order to show that you are being fair and reasonable in your request.

Explanation:

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The national league of cities, harvard university, the brookings institution, and the american enterprise institute help make up

spayn [35]

The National League of cities, Harvard University and the likes help make up what is known as the public sector lobby. Lobbying is done by many people, associations and even organized groups. It also includes people in the private sector, companies, government officers or interest groups.

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3 years ago

At the end of the current year, the accounts receivable account has a debit balance of $762,000 and sales for the year total $8,

Nadya [2.5K]

Answer:

a. Adjustment for bad debts expenses in scenario a - $ 32,900

b. Adjustment for bad debts expenses in scenario b - $ 22,700

c. Adjustment for bad debts expenses in scenario c - $ 72,700

d. Adjustment for bad debts expenses in scenario d - $ 73,500

Explanation:

Computation of bad debts adjustment under scenario a

Receivables balance $ 762,000

Sales $ 8,640,000

Estimated bad debts expenses 1/2 % of sales $ 43,200

Pre adjustment balance of allowance for uncollectible $ ( 10,300)

Adjustment to provide doubtful accounts $ 32,900

Computation of bad debts adjustment under scenario b

Estimated bad debts expenses based on ageing $ 33,000

Pre adjustment balance of allowance for uncollectible $ ( 10,300)

Adjustment to provide doubtful accounts $ 22,700

Computation of bad debts adjustment under scenario c

Receivables balance $ 762,000

Sales $ 8,640,000

Estimated bad debts expenses 3/4 % of sales $ 64,800

Pre adjustment balance of allowance for uncollectible DR. $ 7,900

Adjustment to provide doubtful accounts $ 72,700

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

Computation of bad debts adjustment under scenario d

Estimated bad debts expenses based on ageing $ 65,600

Pre adjustment balance of allowance for uncollectible DR $ 7,900

Adjustment to provide doubtful accounts $ 73,500

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

4 0

2 years ago

A cash register tape shows cash sales of $3180 and sales taxes of $210. The journal entry to record this information is

Igoryamba

Answer:

Debit cash $3,390

Credit sales revenue $210

Cales tax payable $3,180

Explanation:

Preparation of the journal entry to record the information given.

Journal entry

Debit cash $3,390

($3,180+$210)

Credit sales revenue $210

Cales tax payable $3,180

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2 years ago

When Larinda returned from training, her manager did ask how her training went but gave her a very heavy workload. We can argue

IrinaVladis [17]

Answer:

Poor transfer climate.

Explanation:

The transfer climate can be defined as a trait in working environment which may either advance or impede the application of the trained skills. It is a corporative culture that aids empolyees to transfer their the skills and knowledge they have acquired from the training and incorporate it into their work place.

In the given case, one can argue that Larinda's working place has a poor transfer climate because her manager gave her a very heavy workload to do. Larinda has just returned from training and for getting good performance out of Larinda's trained skills, her manager need to slowly incorporate her skills in job setting.

Therefore, poor transfer climate is the correct answer.

8 0

2 years ago

Compared to taxes on labor income, taxes on capital income generate ________ deadweight loss and are paid by people who generall

Katena32 [7]

Compared to taxes on labor income, taxes on capital income generate a larger dead-weight loss and are paid by people who generally have the most ability to pay .

Explanation:

Compared to labour income taxes, capital income taxes generate larger deadweight losses and are paid by the people who usually have the most ability to pay.

Taxes are involuntary charges imposed on individuals or companies for the financing of Government operations by a government entity, regional, national level.

Property owners of assets gain their property capital income. Land, machinery, buildings, and copyrights are included in assets. Labor costs and aspects of self-employed earnings include work income.

For example, interest costs on bonds, dividend income, lease from land and royalty are examples of capital income. Capital income, in addition to money earned from the work, is anything they make from cash that they saved or assets they own.

5 0

2 years ago