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3 years ago

Q 8.6: what happens if the amount of uncollectible account expense is overstated at year end?

1 answer:

7 0

What happens if the amount of uncollectible account expense is overstated at year end? Net accounts receivable with be understated.

If one aspect of the expensive account is overstated the other will be understated typically to make up for the incorrect documentation of money somewhere. To find the net receivables you subtract the allowance for doubtful accounts from the gross amount of accounts receivable outstanding.

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Suppose a participant in this experiment was expending $0 worth of effort in studying for each class before the experiment. Over

kow [346]

Answer:

For Maths;

The student would increase time studying for maths.

For English;

The student would increase time studying for English.

Explanation:

This is the case in both cases because there's a certainty that the student earns an A in both cases if he puts in the equivalent $ amount worth of effort.

The student's ability to adapt to change comes under great test over the next 6 weeks in other to get an A in the math and English classes.

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3 years ago

According to the AD-AS model, if the economy is initially at its long-run potential growth rate, then a temporary increase in th

ivann1987 [24]

Answer:

C:an increase in both the inflation and real growth rates in the short run.

Explanation:

According to the AD-AS model, if the economy is initially at its long-run potential growth rate, then a temporary increase in the growth rate of investment spending will cause an increase in both the inflation and real growth rates in the short run.

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3 years ago

How does the interpretation of the regression coefficients differ in multiple regression and simple linear regression?

kati45 [8]

Answer and explanation:

Regression coefficients portrait the changes in variables after one unit has changed keeping the rest of the predictors of the model the same. While the simple linear regression is predicted from one variable, the multiple regression is predicted for more than one of them.

5 0

3 years ago

A firm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the applia

KengaRu [80]

For amounts over 35,000 units, in house option A is cheaper.

Find the break even quantity (aka make the equations equal) of the outside vendor compared to each in-house option.

Vendor vs in house option A:

10x = 175,000 + 5x (subtract 5x from both sides)

5x = 175,000 (divide by 5)

x = 35,000 units

vendor is cheaper than option A up to 35,000 units

Vendor vs. in-house option B

10x = 190,000 + 4x (subtract 4x from both sides)

6x = 190,000 (divide by 6)

x = 31,667 (rounded to nearest unit)

vendor is cheaper than option B up to 31,667 units

7 0

3 years ago

A subsistence economy is one that ________. A subsistence economy is one that ________. meets its needs without working for wage

BigorU [14]

Answer:

The options in the question are not well aligned,find below question with properly aligned options:

A subsistence economy is one that ________.

a. meets its needs without working for wages and purchasing necessities

b. meets its needs by overfishing lakes and rivers

c. purchases resources for immediate use

d. meets is needs while causing ecosystem destruction

e. purchases goods and services from others

Hence the correct option is A,meets its needs without working for wages and purchasing necessities

Explanation:

In a subsistence economy,every household provides for its own basic needs,without any need for specialization that leads to exchange.

Specialization is act of engaging in what one knows how to do best, that way efficiency and effectiveness are guaranteed, as every output would have been given a professional touch.

Exchange is the process by which individuals buys their needs from others using money earned from their own specialty as a medium of exchange

5 0

3 years ago