Answer:
The correct answer is . d. none of the above.
Explanation:
Gini coefficient is a measure of the inequality devised by the Italian statistician Corrado Gini. It is normally used to measure income inequality, within a country, but it can be used to measure any form of unequal distribution. The Gini coefficient is a number between 0 and 1, where 0 corresponds to perfect equality (all have the same income) and where the value 1 corresponds to perfect inequality (one person has all income and none others ). The Gini index is the Gini coefficient expressed in reference to a maximum of 100, instead of 1, and is equal to the Gini coefficient multiplied by 100. A variation of two cents of the Gini coefficient (or two units of the index) is equivalent to a distribution of 7% of wealth from the poorest sector of the population (below the median) to the richest (above the median).
Answer:
<u>e) accounts receivable</u>
Explanation:
a) <em>allowance for doubtful accounts:</em> this is used to determinate a provision of uncollectible account. Customers that will not honor their debts.
b)<em>prepaid expenses:</em> This is use for the payment in advance for utilities and other expenses like rent. The description does not involve any payment from Dr Torres.
c)<em>unearned revenues: </em>used when the customer pays the service or goods but the business didn't perform or deliver. The Dr has perform his services so they revenues are earned.
d) <em>intangible assets: </em>refers to trademarks, patents and other assets which related to the business. the customers account are tangible, they are a know value
e) <u>accounts receivable: correct.</u>
This represent the collectible amount from customers, which is exactly what it is happening. The Dr gives a certain amount of time to receive the payment for his services. While the services aren't paid, the Dr has "Accounts to receive"
Answer:
$720,000
Explanation:
The total budgeted selling and administrative expenses is made up of both fixed and variable components. The variable component of the cost is dependent on the budgeted number of units to be sold.
Total variable cost budgeted
= 58000 ( $1 + $3 + $4 +$2)
= $580,000
Total fixed cost = $10,000 + $120,000 + $4,000 + $6,000
= $140,000
total budgeted selling and administrative expenses for October
= $580,000 + $140,000
= $720,000
<h2>The given statement is true.</h2>
Explanation:
Points and sub points help the readers to,
- Understand it clear
- Better clarity
- Reader-friendly
As per the given statement in the question, it is mandatory to have two or more points as sub points.
Reason:
We go for elaborating with sub points for the reason that
- it needs more briefing in points
- Need to talk variety of details
- To convey depth of content in simple way
- Depth indicates that the pointers will be more than 2 items
So if the pointers are lesser than two, then it is enough the content is delivered as a single statement than in points.
