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LiRa [457]
3 years ago
13

Match the below mention description with given terms. If there is no match then write "No match"

Business
1 answer:
Serggg [28]3 years ago
5 0

Answer:

1. No match.

2. Rebate.

3. No match.

4. No match.

5. Lease.

Explanation:

1. No match: This is the worth of the leased asset after the lease period expires.

  • The worth of the leased asset after the lease period expires is known as Residual value.

2. Rebate: This is a partial refund offered to attract the buyer to purchase the vehicle.

3. No match: This is the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

  • Capitalized cost refers to the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

4. No match: This is the advertised retail price listed on a particular vehicle for sale.

  • Sticker price is the advertised retail price listed on a particular vehicle for sale.

5. Lease: This is a contract which allows the lessee (consumer) to use the asset, such as car, land, services etc., in return for a specific amount paid periodically.

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A company has $107,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts
yawa3891 [41]

Answer:

None of these

what would be the correct answer choice?

  • Assuming 5% of outstanding accounts receivable, the journal entry:

Dr Bad Debt Expense $ 6.320  

Cr Allowance for Uncollectible Accounts  $ 6.320

Explanation:

If the company applies the allowance method, it means that the account  

Allowance for Uncollectible Accounts must show as balance the  5% of outstanding receivables as debit.

Because the company has a credit balance in that account it's necessary to register an entry  that compensate the value as credit and reflect as debit the value estimated as 5% of account receivable.

  • Initial Balance  

Dr Accounts Receivable                              $ 107,000

Dr Allowance for Uncollectible Accounts  $ 970

  • The journal entry adjustment will be:

Dr Bad Debt Expense                                    $ 6,320  

Cr Allowance for Uncollectible Accounts  $ 6,320

  • FINAL Balance  

Dr Accounts Receivable                                    $ 107,000  

Cr Allowance for Uncollectible Accounts  $ 5,350

8 0
3 years ago
Ronald's Fast Food just paid their annual dividend of $1.05 a shareThe stock has a bela of 1.6. The return on the US Treasury bi
natali 33 [55]

Answer:

19.2 %

Explanation:

Using the Capital Asset Pricing Model we can simply input the given information.

Formula

Cost of Equity = Rf + B * (Mr - Rf) where,

Rf = Risk free rate = T-Bill rate

B = Beta

Mr = Market return

so,

Cost of Equity = 8 + 1.6 * (15-8)

= 19.2 %

6 0
2 years ago
What is the current value of a future sum of money called?
Mashcka [7]
It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!
4 0
2 years ago
Eliminating modification anomalies is a(n) ________ of normalization.Immersive Reader (2 Points) advantage disadvantage either a
noname [10]

Answer:

The correct answer is the first option: Advantage.

Explanation:

To begin with, the name of<em> "Normalization"</em> refers to the process of structuring a relational database alongside with normal forms with the purpose to reduce the amount of data redundancy and increase and improve the amount of data integrity. Most of the cases, the normalization concludes when the relational database meets the third normal form, that is considered to be free of insertion, updated and free of anomalies due to the fact that it deletes them. That is why that the elimination of modificating anomalies is an advantage of normalization.

4 0
3 years ago
HELP PLSSSSSS ECONMICS<br> qjhewdkvdfjndbc vjdsncxkjd
larisa86 [58]

Answer:

C. Country A would focus on growing carrots to trade with country country B.

Explanation:

Country A can produce twice as many carrots as country B. this indicates that country A seems to have a comparative advantage over Country B in carrot production. Both countries have equal capacity in the production of apples.

Country A should focus on producing carrots for sales to country B. It can produce double what country B can, meaning its production costs are lower. Country A can sell carrots to country B at a lower price than it would cost country B to produce its carrots. Therefore, country A would be prudent to focus on producing carrots and trade them to country B.

8 0
2 years ago
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