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Nuetrik [128]
4 years ago
7

Allocative efficiency involves determining: which output mix will result in the most rapid rate of economic growth. which produc

tion possibilities curve reflects the lowest opportunity costs. the optimal rate of technological progress. the mix of output that will maximize society's satisfactio
Business
1 answer:
Elina [12.6K]4 years ago
3 0
<span>the mix of output that will maximize society's satisfaction</span>
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Which of the following is NOT a
GalinKa [24]

Explanation:

Win-win approach to reward

allocations

5 0
3 years ago
The electric utility rate for a facility during the months of May through October is 4.5 cents per kilowatt-hour for energy, $11
Minchanka [31]

Answer: $11564

Explanation:

Total units consumed for August = 96000

There's a peak demand of 624kw

Also, the May through October is 4.5 cents per kilowatt-hour for energy.

The August electric bill will then be:

= 96000 × 4.5/100 + 624 × 11.50 + 68

= (96000 × 0.045) + (624 × 11.50) + 68

= 4320 + 7176 + 68

= 11564

4 0
3 years ago
During the current year, sales on account were $306,673, collections on account were $290,750, write-offs of bad debts were $7,0
sweet-ann [11.9K]

Answer:

  • 1-a. Complete the Accounts Receivable and Allowance for Doubtful Accounts T-accounts to determine the balance sheet values. Disregard income tax considerations.

Accounts Rec T-Account  

$ 306.673 Debit

$ 290.750 Credit

$ 7.059    Credit

$ 8.864    Debit Balance

Allowance for Doubtful Accounts T-Account  

$ 7.059 Debit

$ 4.775 Credit

$ 2.284 Debit Balance

  • 1-b. Complete the amounts related to Accounts Receivable and Bad Debt Expense that would be reported on the income statement for the current year.

$ 4.775   Dr Bad Debt Expense

  • 1-c. Complete the amounts related to Accounts Receivable and Bad Debt Expense that would be reported on the balance sheet for the current year.

$ 2.284    Dr (Debit) Allowance for Uncollectible Accounts

$ 8.864    Dr (Debit) Accounts Receivable                        

Explanation:

  • Initial Balance

Dr Accounts Receivable  $ 306.673

 

  • Write-offs of bad debts  

Cash $ 290.750

Cr Accounts Receivable  $ 290.750

 

  • Write-offs of bad debts  

Dr Allowance for Uncollectible Accounts $ 7.059

Cr Accounts Receivable  $ 7.059

 

  • Bad debt expense adjustment  

Dr Bad Debt Expense $ 4.775

Cr Allowance for Uncollectible Accounts $ 4.775

 

  • 1-b. Complete the amounts related to Accounts Receivable and  

Bad Debt Expense that would be reported on the INCOME STATEMENT for the current year  

Dr Bad Debt Expense $ 4.775

 

  • 1-c. Complete the amounts related to Accounts Receivable and  

Bad Debt Expense that would be reported on the BALANCE SHEET for the current year.  

Dr Allowance for Uncollectible Accounts $ 2.284

Dr Accounts Receivable  $ 8.864

6 0
4 years ago
Organizations use ______ such as commissions, profit-sharing, bonuses, and stock options to attract and retain top performers.
Softa [21]

Answer:

The answer is incentives

Explanation:

Hope this helps:)....if not then sorry for wasting your time and may God bless you:)

7 0
2 years ago
Which of the following pairs of goods are​ complements, which are​ substitutes, and which are​ unrelated?
Greeley [361]

Answer:

a. We observe the price of Jiffy peanut butter decreases and the quantity demanded of Smucker's strawberry jam increases​:  COMPLEMENTS, since a decrease in the price of Jiffy peanut butter increased the quantity demanded of Smucker's strawberry jam.

b. A razor and a blade:  COMPLEMENTS, since they work together, a razor is useless without a blade and vice versa. An increase in the price of either of them should decrease the quantity demanded of both products, and vice versa.

c. A Panasonic CD player and a JVC CD player:  SUBSTITUTES, since an increase in the price of Panasonic CD players will increase the quantity demanded of JVC CD players.

d. You observe that your significant other adds 1oz of cream to each cup of coffee: COMPLEMENTS, both you and your significant other complement each other, and cream and coffee are married for life. An increase in the price of cream reduces the quantity demanded of coffee and vice versa.

6 0
4 years ago
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