Forest management defination

Economic growth can best be portrayed as a:

kicyunya [14]

Answer:

The correct answer is letter "D": Rightward shift of the production possibilities curve.

Explanation:

The Production Possibility Frontier (PPF) implies that as many jobs and resources as possible are produced at the maximum level. That maximizes jobs and reduces unused resources. This ideal state can generally not be attained but is seen as a goal.

Plotted in a graph, the PPF curve displays a mix of goods that can be produced and their ideal volumes of production. Shifts of the PPF curve to the right imply growth while shifts leftwards imply a slow down in production.

8 0

3 years ago

If the cost of housing increases by 10 percent, then, other things the same, the CPI is likely to increase by about:(A) 10 perce

djverab [1.8K]

Answer:

correct option is (D) 4 percent

Explanation:

given data

cost of housing increases = 10 percent

to find out

CPI is likely to increase by

solution

as other thing (CPI) Consume price index is likely to increase as

(CPI) Increase in Consume price index = 40 % of cost of housing increases ...................1

so (CPI) Increase in Consume price index = 40 % of 10%

Increase in Consume price index = 4%

so correct option is (D) 4 percent

6 0

4 years ago

The following transactions apply to Jova Company for Year 1, the first year of operation:

aleksandr82 [10.1K]

Answer:

Year 1:

a. Issued $17,000 of common stock for cash. ⇒ ASSET SOURCE

Dr Cash 17,000

Cr Common stock 17,000

b. Recognized $63,000 of service revenue earned on account. ⇒ ASSET SOURCE

Dr Accounts receivable 63,000

Cr Service revenue 63,000

c. Collected $56,400 from accounts receivable. ⇒ ASSET EXCHANGE

Dr Cash 56,400

Cr Accounts receivable 56,400

d. Paid operating expenses of $36,600. ⇒ ASSET USE

Dr Operating expense 36,600

Cr Cash 36,600

e. Adjusted accounts to recognize uncollectible accounts expense. Jova uses the allowance method of accounting for uncollectible accounts and estimates that uncollectible accounts expense will be 2 percent of sales on account. ⇒ ASSET USE

Dr Bad debt expense 132

Cr Allowance for doubtful accounts 132

Year 2:

a. Recognized $70,500 of service revenue on account. ⇒ ASSET SOURCE

Dr Accounts receivable 70,500

Cr Service revenue 70,500

b. Collected $64,400 from accounts receivable. ⇒ ASSET EXCHANGE

Dr Cash 64,400

Cr Accounts receivable 64,400

c. Determined that $860 of the accounts receivable were uncollectible and wrote them off. ⇒ ASSET EXCHANGE

Dr Bad debt expense 860

Cr Accounts receivable 860

d. Collected $300 of an account that had previously been written off. ⇒ ASSET EXCHANGE

Dr Accounts receivable 300

Cr Bad debt expense 300

Dr Cash 300

Cr Accounts receivable 300

e. Paid $48,100 cash for operating expenses. ⇒ ASSET USE

Dr Operating expense 48,100

Cr Cash 48,100

f. Adjusted the accounts to recognize uncollectible accounts expense for Year 2. Jova estimates uncollectible accounts expense will be 1 percent of sales on account. ⇒ ASSET USE

Dr Bad debt expense 117

Cr Allowance for doubtful accounts 117

trial balance year 1

Dr Cash 36,800

Dr Accounts receivable 6,468

Cr Common stock 17,000

Cr Service revenue 63,000

Dr Operating expense 36,600

Dr Bad debt expense 132

Income Statement

Year 1

Service revenue $63,000

Expenses:

Operating expense $36,600
Bad debt expense $132 ($36,732)

Net income $26,268

Balance Sheet

Year 1

Assets:

Cash $36,800

Accounts receivable $6,468

Total Assets $43,268

Equity:

Cr Common stock 17,000

Retained earnings $26,268

Total equity $43,268

Statement of changes in stockholders' equity

Year 1

Beginning balance $0

Common stock issued $17,000

Net income $26,268

Ending balance $43,268

trial balance year 2

Dr Cash 16,600

Dr Accounts receivable 5,123

Cr Service revenue 70,500

Dr Operating expense 48,100

Dr Bad debt expense 677

Income Statement

Year 2

Service revenue $70,500

Expenses:

Operating expense $48,100
Bad debt expense $677 ($48,777)

Net income $21,723

Statement of changes in stockholders' equity

Beginning balance:

Common stock issued $17,000

Retained earnings $26,268

Net income $21,723

Ending balance $64,991

Balance Sheet

Year 2

Assets:

Cash $53,400

Accounts receivable $11,591

Total Assets $64,991

Equity:

Cr Common stock 17,000

Retained earnings $47,991

Total equity $64,991

Statement of cash flows

Year 2

Net income $21,723

Adjustments to net income:

Increase in accounts receivable ($5,123)

Net cash from operating activities $16,600

Net cash increase $16,600

Beginning cash balance $36,800

Ending cash balance $53,400

3 0

3 years ago

Jeremy wants to avoid conflict with his new coworkers. he should ______. a. spread gossip with them b. treat them all with respe

Maru [420]

Jeremy wants to avoid conflict with his new coworkers. He should treat them all with respect.

Option B is correct answer.

Conflict in workplace :

Conflict is a difference or disagreement between two or more people. Conflict in the workplace is a normal part of human interaction, yet, handling and resolving conflicts that arise is probably one of the biggest challenges employees face.

What is good conflict in the workplace?

Positive conflict is constructive in nature. It produces new ideas, solves continuous problems, provides an opportunity for people and teams to expand their skills, and fosters creativity. When opposing ideas are explored, a breakthrough of thinking can occur.

Learn more about workplace conflicts :

brainly.com/question/17112762

#SPJ4

8 0

2 years ago

Free Spirit Industries Inc.’s current ratio is 1.3333, and tis quick ratio is 0.7467; Jong Foodstuffs Inc.’s current ratio is 1.

ivolga24 [154]

Answer:

1. Jong Foodstuffs Inc. has a better ability to meet its short-term liabilities that Free Spirit. - TRUE

2. A current ratio of 1 indicates that the book value of the company’s current assets is equal to the book value of its current liabilities. - TRUE

3. If a company has a quick ratio of less than 1 but a current ratio of more than 1 and if the difference between the two ratios is large, then the company depends heavily on the sale of its inventory to meet its short-term obligations. - TRUE

4. Compared to Free Spirit, Jong Foodstuffs has less liquidity and a lower reliance on outside cash flow to finance its short-term obligations. FALSE

5. An increase in the current ratio over time always means that the company’s liquidity position is improving. FALSE

Explanation:

Current Ratio = Current Asset / Current Liabilities

Quick Ratio = (Current Assets – Inventories) / Current Liabilities

The Current Ratio is a liquidity measure that shows the ratio between current asset and current liabilities. It tells how many dollars of the current asset are per dollar of current debts, that gives an idea of the company`s ability to perform its debts.

The Quick Ratio is also a liquidity indicator, but using its most liquid assets, to pay its current liabilities at maturity. The inventory, although it is a current asset, is not considered, since it cannot be converted into cash in a very short term.

The difference between the Quick Ratio and the Current Ratio, implies that while both are measures of the company's ability to pay its debts, the quick ratio also tells how much the company depends on its inventory to get that objective.

As both ratios are bigger in Jong Foodstuffs Inc.’s case, statement 1 is True and statement 4 is False. Because how ratios are calculated, and the meaning of its terms, statement 2 and 3 are True. And because an increased in current ratio, may implicate a rise in inventory, and therefore a decreased in quick ratio, statement 4 is False.

5 0

3 years ago

Forest management defination​

Forest management defination