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3 years ago

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Last week stephanie quit her job as a copywriter at an advertising agency. she has spent the past few days browsing the help wan

ted ads but hasn't found anything that matches her skills. stephanie is best classified as:

1 answer:

vitfil [10]3 years ago

5 0

She Is classified as someone who is jobless and useless

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One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per

inessss [21]

Answer:

Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:

PVA =C({1 – [1/(1 +r)t]} /r)

$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}

Now we solve for t:

1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}

1/1.0155t= 0.5505

1.0155t= 1/(0.5505) = 1.817

t = ln 1.817 / ln 1.0155 = 38.83 months

<u>Account will be paid off in 38.83 months.</u>

7 0

2 years ago

In business, failure usually means what? A. The market wasn't saturated enough. B. The company was unethical. C. The customers h

Pie

Hi!

Usually, in the business world, the reason for failure is due to the company running out of money this can be a culmination of all the reasons listed above or for other reasons, but a company is not really considered a failure until it runs out of money.

-<span>ASIAX </span><span> </span><span>Frequent Answerer</span>

5 0

2 years ago

Read 2 more answers

What does going green mean?

Romashka-Z-Leto [24]

Answer:

To save the Earth without polluting it. Going eco-friendly

Explanation:

At least that's what I think.

8 0

3 years ago

On June 1, 2018, Perfect Performance Cell Phones sold $ 17,000 of merchandise to Ashton Trucking Company on account. Ashton fe

inn [45]

Answer:

See answers and explanation below.

Explanation:

1. Journalize the transactions for High Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold.

<u>Date Details Dr ($) Cr ($) </u>

1 Jun. 18 Account receivable 17,000

Sales revenue 17,000

<u><em> To record sales to Ashton Trucking Company on account.</em></u>

15 Jul. 18 Cash 6,000

Account receivable 6,000

<em> </em><u><em> To record cash received from Ashton Trucking Company. </em></u>

5 Sep. 18 Bad debt 11,000

Account receivable 11,000

<em> </em><u><em> To record accounts receivable from Ashton written off. </em></u>

5 Mar. 19 Account receivable 11,000

Bad debt 11,000

<em> </em><u><em> To record transfer of bad bad back toaccounts receivable. </em></u>

5 Mar. 19 Cash 11,000

Account receivable 11,000

<em> </em><u><em> To record cash received from Ashton Trucking Company. </em></u>

2. What are some limitations that High Performance will encounter when using the direct write-off method?

a. It is not in line with the matching principle. This is because bad debt expenses will not be reported in the same period they are incurred and might not be realized as bad expenses until the following period.

b. It can cause inaccurate balance sheet as it does give the actual amount of accounts receivable of a company.

c. It method of recording violates GAAP and financial statements does to present the actual financial performance of the business.

d. It overstates accounts receivable as the full amount of amount owed to the company from credit sales will be reported as accounts receivable.

6 0

2 years ago

Jonathan works for a firm that assists companies in promoting, distributing, and selling their products to end consumers. The fi

irina1246 [14]

Answer:

The answer is marketing intermediary

Explanation:

Jonathan works for a firm that assists companies in promoting, distributing, and selling their products to end consumers. The firm Jonathan works for is a marketing intermediary.

A marketing intermediary links producers to the final consumers. Examples are agents, wholesalers, retailers, distributors etc.

Most producers do not directly sell to their final consumers. These intermediaries help them to achieve their goals

7 0

3 years ago