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ludmilkaskok [199]
3 years ago
11

Molly, a successful real estate salesperson, took some time off to stay at home with her first child. Days turned into weeks, we

eks into months, months into years, until Molly's child was starting school. She decided she needed to head back to her profession and pick up where she left off. During her at-home time, Molly hadn't kept up with any CE requirements, nor had she renewed her license after its expiration almost three years earlier. Can Molly simply pick up where she left off?
Business
1 answer:
Mariana [72]3 years ago
7 0

Answer:

No

Explanation:

A licensing agreement is a partnership between an intellectual property rights owner (licensor) and another who is authorized to use such rights (licensee) in exchange for an agreed payment (fee or royalty).

Molly cannot simply pick up where she left off because two years after the license expires, all license rights lapse. Molly must re-qualify through the examination process before being licensed in real estate once again.

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Dylan is a second-year undergraduate who feels so incompetent that he believes his life is worthless and hopeless. Dylan would p
Naya [18.7K]

Answer:

Cognitive therapy

Explanation:

Dylan must used Cognitive therapy which centres on present reasoning, conduct, and correspondence instead of on past encounters and is situated toward critical thinking. Cognitive therapy has been applied to an expansive scope of issues including depression, nervousness, alarm, fears, dietary issues, substance misuse, and character issues.

3 0
3 years ago
Alex Ltd. produces kitchen tools, and operates several divisions as profit centers. Division M produces a product that it sells
alexira [117]

Answer:

Division N's purchase costs will decrease by $90,000 per year

Explanation:

Division N's purchase cost form outside vendor = total units purchased per year x unit price = 30,000 units x $15 = $450,000

if Division N obtains the product form division M with a transfer price of $12 per unit, their costs will decrease by = total units x (vendor price - transfer price) = 30,000 units x ($15 - $12) = $90,000 per year

4 0
3 years ago
I need help on Personal Finance.
nikklg [1K]
Current market conditions
3 0
3 years ago
A review of the accounting records of Baird Manufacturing indicated that the company incurred the following payroll costs during
ankoles [38]

Answer:

a. $363,000

b. $827,200

Explanation:

The computations are shown below:

a. Payroll cost would be

=  Salary of the company president + Salary of the chief financial officer + Salary of the vice president of marketing +  Salaries of administrative secretaries + Commissions paid to sales staff

= $75,000 + $42,000 + $40,000 + $60,000 + $146,000

= $363,000

And, for computing payroll cost first we have to determine the total cost which is shown below:

= Salary of the vice president of manufacturing + Salaries of middle managers (department heads, production supervisors) in manufacturing plant + Wages of production workers + Salaries of engineers and other personnel responsible for maintaining production equipment

= $50,000 + $147,000 + $703,500 + $133,500

= $1,034,000

Now the cost of goods sold would be

= Total cost × sales units ÷ number of units produced

= $1,034,000 × 4,000 units ÷ 5,000

units

= $827,200

3 0
3 years ago
Near the end of 2010, the ledger of Stivers Company included the following accounts and balances: Allowance for Doubtful Account
Minchanka [31]

Answer and Explanation:

The computation of the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable is shown below;

For Accounts receivable  

a) Opening balance $200,000 Debit balance

b) Current year credit sales (75% of $800,000) $600,000 Debit balance

c) (-) Current collection from accounts receivables -$450,000 Credit balance

d) (-) Bad debt expenses -$11,000 Credit balance

e) Closing balance of accounts receivables $339,000 Debit balance

for Allowance for Doubtful Accounts  

Allowance required as per Current year analysis (2% of (75% of $800,000) $12,000 Credit balance

(-) Opening balance $1,000 Credit balance

$11,000 Credit balance

The journal entry is  

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Allowance for Doubtful Accounts 12000 Credit balance

For Bad debt expenses  

The journal entry is    

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Bad debt expense account 0

7 0
2 years ago
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