B. The allowance for doubtful accounts is reported as a deduction from accounts receivable on the balance sheet
Answer: Accountants play major role in firms in handling financial records and auditing. Managers know financial information based on either background knowledge or learning on the job
Explanation:
The accountants are valuable to the organization because they monitor the monetary information that concerns the firm, they handle how cash come in and keep track of how they are spent, all these makes them valuable even to the extent of auditing information as regarding the firm. Managers might understand financial information either based on how they monitor what occurs in the organization or what they learnt in from college. But it's unsafe for the managers to handle financial situation without the aid of a professional accountant.
Answer:
It is not efficiently using all of its resources.
Explanation:
PPC is the graphical representation of product combinations that an economy can produce, given resources & technology.
- Points on PPC reflect the best potential production of economy, by best efficient utilisation of available resources & technology.
- Any point under PPC reflects production under best potential of economy, by inefficient utilisation of resources.
- Points beyond PPC are unattainable, unless growth in either resources/ technology shifts the PPC curve outwards.
I believe the answer is B because unions serve to protect workers' rights
Answer:
The size of the fund at the end of 7 years is $483.110
Explanation:
Number of quarters = 4
We are given that the nominal rate of discount convertible quarterly is 4/41
Discount rate in each quarter =
Let A is the value after discount and X is the original value:
Now To calculate the value after 7 years we need to multiply each value by the interest raised to the correct power.
A=483.110
Hence the size of the fund at the end of 7 years is $483.110
