Answer:
Congressman Smith's bill because it will reduce the overuse of the parks
Explanation:
When people use the park, their activities are more likely to create some sort of degradation to the parks quality. For example, children can spoil their drinks and foods there, pulling out the grass, destroying the land while playing sports, etc.
As the price of a certain product increase, the demand for that product would decrease. Increasing the entrance fees will lead lesser amount of people who enter the park. This will minimize the degradation process
Answer:
January 1, 202x, bank loan obtained from Taylor Bank (9 months, 9% interest rate)
Dr Cash 117,933
Cr Notes payable 117,933
Explanation:
Since this is an interest bearing note that will be paid in less than a year, we should record it at face value. All current liabilities must be recorded at face value.
Answer:
The correct answer is: implement and evaluate the chosen solution.
Explanation:
Companies generally use different strategies to make decisions to obtain the best benefits. For example, companies often use the rational decision-making process to focus on analysis and logic, leaving subjectivity aside.
Through this method, different steps of the decision-making method are followed to achieve the objectives proposed objectively.
<em>For example, in the fourth step, the chosen solution must be implemented and evaluated, the managers are in charge of analyzing and executing the action plan</em>, in this way they evaluate each result obtained to know if the actions taken are the best and are reaching their goals.
<em>I hope this information can help you.</em>
Answer:
The answer is: Stock markets reflect all available information about the value of stocks
Explanation:
Efficient market hypothesis (EMH) is an investment theory about stock markets where the price of stocks is always the fair market value of the stocks. It argues that it is impossible for someone to determine when stocks are either undervalued or overvalued. So all the technical and fundamental analysis techniques are useless.
Answer:
The answer is C.
Explanation:
Credit sales is $6,000
Bad debt is 3% of net credit sales which is $180($6,000 x3%)
Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have have:
Dr Bad debt expense $180
Cr Allowance for Doubtful Accounts $180
