Gasoline-powered automobile should be the answer.
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Answer:
balance in bills receivables account = $364000
Explanation:
given data
write off = $32000
balance in accounts receivable = $400000
balance in allowance account = $36000
to find out
net realizable value of accounts receivable
solution
we first find credit balance in allowance that is
credit balance in allowance = $36000 - $32000
credit balance in allowance = $4000
and
so here balance in bills receivables account is
balance in bills receivables account = ( $400000 - $32000 ) - ( $36000 - $32000 )
balance in bills receivables account = $368000 - $4000
balance in bills receivables account = $364000
Answer:
The Food and Drug Administration issues a recall for the meat, and the seller notifies its customers.
Explanation:
When there is a serious or potentially serious risk to consumers, the FDA works with sellers and distributors to recall products (remove them from store shelves) and notify customers through press releases and other communications.
Answer:
Profit Maximisation
Explanation:
Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.
Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity
Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.
Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.