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3 years ago

The flags used in jean desert's the burqa project (fig. 22.7) represent the western countries of:

Business

1 answer:

AlekseyPX3 years ago

4 0

The flags used in Jean-Ulrick Désert's the burqa project represent the following western countries:

- Germany

- France

- United States of America

- United Kingdom

In Jean Ulrick-Désert's the burqa project, the national flags from the aforementioned four leading industrial nations are used as the basis for replicating the Afghanistan hijab known as The Burqa. The project was created in light of the New York City attacks of the World Trade Center on September 11, 2001.

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Oriole Company uses the percentage-of-receivables method for recording bad debt expense. The Accounts Receivable balance is $380

ohaa [14]

Answer:

Adjusting journal entry:

Dr Bad debt expense 19,000

Cr Allowance for doubtful accounts 19,000

Explanation:

accounts receivable balance = $380,000

total credit sales = $1,520,000

6% of accounts receivable will be bad debt = $380,000 x 6% = $22,800

credit balance allowance for doubtful accounts account = $3,800, and it must increase to $22,800 ⇒ $22,800 - $3,800 = $19,000

Adjusting journal entry:

Dr Bad debt expense 19,000

Cr Allowance for doubtful accounts 19,000

Allowance for doubtful accounts is a contra asset account with a credit balance that reduces the value of accounts receivable.

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3 years ago

MacCoun and Reuter calculate that for which of the following substances is the elasticity index the greatest—that is, there is t

stellarik [79]

Answer: MARIJUANA

Explanation: MARIJUANA has been known to have different names such as Herb,pot,ganja etc. Many countries of the World have placed Ban or strict regulations to control the use of Marijuana.

MacCoun and Reuter were former staff or RAND,they discovered that a one percent Increase in price will lead to a decrease in demand for Marijuana,which means the demand for Marijuana is elastic. They also proposed that a decrease in consumption should be applied in the regulation instead of Banning the usage of a psychostimulants like Marijuana.

8 0

3 years ago

What is the present value of a security that will pay $17,000 in 20 years if securities of equal risk pay 5 nnually? round your

ivolga24 [154]

The present value of a security that will pay $17,000 in 20 years if securities of equal risk pay 5 annually is $13,320.

A financial calculation known as present value, commonly referred to as discounted value, assesses the value of a future sum of money or stream of payments in today's dollars after accounting for interest and inflation. In other words, it contrasts the purchasing power of one dollar today with that of one dollar in the future.

PV = FV/(1+r) ^n

Where, PV = Present value

FV = Future value

r = R/100

R = interest or discount rate

n = number of periods or years

Now,

PV = 17000/{1+(5/100)} ^5

PV = 17000/1.2762815625

PV = 13,320

Hence, present value is $13,320.

Learn more about securities here brainly.com/question/28070333

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2 years ago

Many companies view corporate social responsibility (csr) initiatives as a _________ opportunity and not just a ______________ r

LenKa [72]

The cat is a good life story but it was a lot better and more fun than that I think I was kind

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3 years ago

Which of the following indicates at least two accounts are affected by a transaction?

makvit [3.9K]

Answer:

Double-entry system

Explanation:

The double-entry system is a book-keeping technique that records all transactions in at least two accounts. No upper boundary is set for the number of accounts that a transaction can be recorded. In double-entry accounting, each account has two columns, debit on the left and credit on the right side.

The concept of a double-entry accounting system is based on the fact that any transaction increases or decreases one side of the accounting equations and simultaneously decreases or increases the opposite side. The debit side must match the credit side for the account to balance.

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3 years ago