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Over [174]
4 years ago
12

Writing off an uncollectible account affects ________ under the allowance method.

Business
1 answer:
Flura [38]4 years ago
3 0
Writing off an uncollectible account affects only balance sheet accounts under the allowance method. 
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What is the place where investments are bought and sold called?
german

A stock exchange is a place where stocks are bought and sold. This is known as trading stocks. A stock exchange can be a real, physical location (the building where trading takes place), but it can also be more of an idea, too.

4 0
3 years ago
Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable cost
Arada [10]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable costs of $2.25 per unit.

X= 10,000 + 2.4*x

Y=9000 + 2.25y

We will suppose 5 levels of production

1 units, 1000 units , 5550 units, 20,000 units, 110,111 units.

1 unit:

X= $10,002.4

Y= $9,002.25

1000 units:

X= $12,400

Y= $11,250

5550 units:

X= $23,320

Y= $21,487.5

20,000 units:

X= $58,000

Y= $54,000

110,111 units:

X= $274,266.4

Y= $256,749.75

Process Y has a lower fixed cost and a lower variable cost. In all quantities of production, it will present a lower total cost compare to Process X.

8 0
3 years ago
Which of the following should be deducted from net income in calculating net cash flow from operating activities using the indir
aniked [119]

Answer:

d. Gain on sale of land

Explanation:

When using the indirect method  in calculating net cash flow from operating activities, the net income is adjusted by the following items :

  1. Non-Cash flow items included in net income
  2. Changes in Working Capital items in net income.

From the choices given only gain from sale on land which is an income, has to be removed from net income to reach a cash flow figure.

3 0
3 years ago
Invertebrates have a (an) ____ which provides a support framework.
andrew11 [14]
<span>Invertebrates is the largest group in the animal kingdom. 97 percent of all animals are invertebrates. Their main characteristic is that they </span>do not have backbones.<span>
Invertebrates have an </span>exoskeleton which provides a support framework.Exoskeleton<span> is an external anatomical feature that supports and protects the animal's body. </span>
8 0
3 years ago
Exporting can be a way to test market demand for a product. Many companies turn to agents and/or distributors to represent them
Mkey [24]

Answer:

This approach minimizes the risk business has to take during foreign ventures. Such as finding new markets, storing the products till distribution, handling customer records and grievances and so on.

In other words, the cost of participating overseas.

Explanation:

Imagine you own a company that produces toys. Exporting your own product is profitable. Yet when the demand and the customer base grow, it becomes difficult to hand the distribution of the product, financials, tax/legal requirements and documentation all by your self.

An authorized agent or a distributor make the work much easier as they support you in various tasks we've mentioned above.

In the process, you'll have more time to think of new ways to grow your business while your agent/distributor handle the day to day tasks in operations.

7 0
4 years ago
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