Answer:
Direct material used= $123,600
Explanation:
Giving the following information:
January 1 December 31
Inventories
Raw materials inventory $8,900 $11,300
Materials purchased $126,000
<u>To calculate the direct material used, we need to use the following formula:</u>
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 8.900 + 126,000 - 11,300
Direct material used= $123,600
Answer and Explanation:
The journal entry is shown below:
Bad debts expense Dr $60,000
To Accounts receivable $60,000
(Being the written off amount is recorded)
For recording this we debited the bad debt expense as it increased the expenses and credited the account receivable as it reduced the assets
So for correcting posting and recording we passed accurate entry
Answer:
c. have a temporary competitive advantage
Explanation:
In this case, it is correct to say that the company has a temporary competitive advantage, as there is a substitute for its valuable, rare and expensive service to imitate.
The company gained a competitive advantage in the market for being the only one to offer that service, which by the attributes confer barriers of entry for new competitors, but when there is a substitute for the service and that have the same characteristics, it is correct to say that the company it will lose its competitive advantage in a matter of time, because with more competitors in the market it is common for there to be some loss of market share, so in this case it is ideal for the company to adapt and seek new attributes to innovate, generate more value for consumers and so seek a differential that will guarantee you a higher position in the market.
Answer:
The correct answer is letter "A": encouraged entrepreneurs to come to the U.S. through "investor visas".
Explanation:
The U.S. Immigration Act of 1990 was signed by <em>President George H. W. Bush </em>(1924-2018) by the end of November in that year. The act granted more opportunities for immigrants since it increased the numbers of family and employment-related visas to entry to the country. When it comes to employment, managers, professionals with exceptional abilities, skilled workers, and investors were at the top of the preferences for being eligible to be approved.
