Based on the fact that CTR, Inc sent a check to Acel Co, there will be a debit to b. Accounts receivable is debited to reinstate the CTR account.
<h3>Which account will be debited?</h3>
The Accounts Receivable account will be debited by the Allowance for Doubtful Accounts to bring back the written off debt.
The Account Receivable account will then be credited to cash to account for the cash being received.
In conclusion, option B is correct.
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Answer:
B
Explanation:
The dividend growth model is a method of determining the value of a company using its dividend.
Forms of the dividend growth model include
- The Gordon dividend growth model
- The 2-stage dividend growth model
- The 3-stage dividend growth model
- The H-model
The advantages of the dividend growth model
disadvantages of the dividend growth model
- It is not appropriate when the investor wants to take a control perspective
- It cannot be used for a firm that doesn't pay dividends
Answer:
The correct option is C. 630.
Explanation:
From the question, can have the following:
Lead time in days = 5 days
Average daily sales = (120 + 125 + 124 + 128 + 133) / Lead time = 630 / 5 = 126
Since the basic fixed-order quantity inventory model fits this situation and no safety stock is needed, the reorder point (R) can be calculated as follows:
Reorder point (R) = Average daily sales * average lead time in days = 126 * 5 = 630
Therefore, the correct option is C. 630.
Answer:
The profits will be "24.5".
Explanation:
As we know,
Monopoly Power, 

Withe either two-part tariff,
P = MC
and,
Profit = CS (Costumer surplus)
Now,

and, 
When,
q = 0 and p = 18
Profit = 
⇒ = 
⇒ = 
⇒ = 
Answer:
Cost variance is $6,400 unfavorable
Explanation:
Cost variance shows that how much under/over valued is the budget. It measures the difference of the actual cost incurred and the budgeted cost.
Earned value is the value of budgeted cost which is calculated using actual activity. It is the cost that should be incur on budgeted units.
Earned value can be calculated as follow:
Earned value = Actual Activity x Budgeted rate = $27,500 x $6 = $165,000
Formula for cost variance is as follow
Cost Variance = Earned Value - Actual Value
Cost Variance = $165,000 - $171,400
Cost Variance = -$6,400
It is an unfavorable variance because company incurred more cost than it should be.