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3 years ago

Select the correct answer.

Business

2 answers:

skad [1K]3 years ago

8 0

Answer:

its A. management franchise

Explanation:

Naya [18.7K]3 years ago

4 0

C is the correct answer

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Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $152,000 Credit sale

siniylev [52]

Answer:

$2,500

Explanation:

The computation of bad debt expense is shown below:-

Total Bad Debt = $130,000 × 3%

= $3,900

Balance of allowance for doubtful accounts after Bad debt Expense = Total bad debt - Allowance for doubtful account credit balance

= $3,900 - $1,400

= $2,500

So, we have applied the above formula.

The same is to be considered

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3 years ago

During the month of June, Rowling Boutique had cash sales of$233,200 and credit sales of $153,700, both of which include the 6%s

Kitty [74]

Answer:

Cash sales = $233,200 × (100 ÷ 106)

= $220,000

Credit sales = $153,700 × (100 ÷ 106)

= $145,000

Sales tax revenue = ($220,000 + $145,000) × 6%

= $21,900

Therefore, the Journal is as follows:

Sales tax revenue A/c Dr. $21,900

To sales tax payable $21,900

(To record the sales tax payable)

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3 years ago

Thunder Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balanc

tigry1 [53]

Answer and Explanation:

The preparation of the cash flow statement is presented below:

Thunder Corporation's

Cash flow statement

Cash flow from operating activities

Net operating income $180

Adjustment made

Add: Depreciation expenses $34 ($206 - $172)

Add: Decrease in account receivable $5 ($60 - $65)

Add: Decrease in inventory $1 ($41 - $42)

Less: Decrease in account payable $2 ($43 - $45)

Net cash provided by operating activities $164

Cash flow from investing activities

Purchase of Property, plant, and equipment -$74 ($454 - $380)

Net cash used by investing activities -$74

Cash flow from financing activities

Repayment of bond payable -$70 ($190 - $260)

Issuance of the common stock $1 ($41 - $40)

Dividend paid -$24

Net cash used by financing activities -$93

Decrease in cash -$3

Add: Beginning cash balance $31

Ending cash balance $28

The items which displayed in a positive sign indicates the cash inflow and the items which displayed in a negative sign indicates the cash outflow

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3 years ago

describes demand when a given change in price causes a relatively larger change in the quantity demanded

kakasveta [241]

Answer:

Explain: Demand is elastic when a change in price causes a relatively larger change in quantity demanded. Demand is inelastic when a change in price causes a relatively smaller change in quantity demanded. Demand is unit elastic when a change in price causes a proportional change in quantity demanded.

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2 years ago

The aggregate quantity of goods and services demanded changes as the price level rises because.

Ierofanga [76]

The mixture amount of products and offerings demanded modifications because the fee degree falls because it results in a upward push in actual wealth, a fall in hobby fees.

The required details for hobby fees in given paragraph

An hobby fee is the quantity of hobby due consistent with duration, as a share of the quantity lent, deposited, or borrowed. The general hobby on an quantity lent or borrowed relies upon at the predominant sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed. The annual hobby fee is the fee over a duration of 1 year. Other hobby fees practice over extraordinary periods, which include a month or a day, however they're usually annualized.

The hobby fee has been characterized as "an index of the preference . . . for a greenback of gift over a greenback of destiny income." The borrower wants, or needs, to have cash quicker as opposed to later, and is inclined to pay a fee—the hobby fee—for that privilege.

To know about hobby fees in given link

brainly.com/question/16134508

#SPJ4

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1 year ago