Answer:
Driver roll back.
Explanation:
The Roll Back Driver feature, available within Device Manager in all versions of Windows, is used to uninstall the current driver for a hardware device and then automatically install the previously installed driver.
Answer:
Explanation:
Situation Type Logic
During the audit, a customer with a large A/R balance at year end declares bankruptcy Type 1 Facts were available on balance sheet date
a lawsuit…...thereafter Type 1 Facts were available on balance sheet date
A flood damages….after year end Type 2 Facts were not available on balance sheet date
Conditions that….after the balance sheet date Type 2 Facts were not available on balance sheet date
Additional evidence….balance sheet date Type 1 Facts were available on balance sheet date
Answer:
account receivables 600 debit
allowance for doubful account 600 credit
--to revert the write-off--
cash 600 debit
account receivables 600 credit
--to record the payment from Acme Inc--
Explanation:
The company will revert the write-off of Acme. Inc account and then record a collection as usual
We use the allowance account as previously the company did as follows:
allowance for doubful account 1,200 debit
account receivables 1,200 credit
to write-off the account.
We reverse this by the amount paid by Acme which is 600
Then, we record receiving the cash (debit) and decreasing the account receivable (credit)
Answer:
No
Explanation:
to determine if another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded, we have to determine the price elasticity of demand.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
8% / 10% = 0.8
demand in inelastic so a 10% reduction in price would lead to a less than 8% change in quantity demanded
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Answer:
The firm shouldn't purchase the machine because the IRR is less than the required minimum
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated using a financial calcuator
Cash flow in year 0 = $-1.25 million.
Cash flow in year 1 = $210,000
Cash flow in year 2 to 5 = $350,000
IRR = 8.51%
The firm shouldn't purchase the machine because the IRR is less than the required minimum
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button
