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AysviL [449]
3 years ago
5

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Business
1 answer:
slava [35]3 years ago
8 0

Accounts receivable and crediting Notes Receivable and Interest Revenue.

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In practice, the cost minimization strategy can be more expensive than the opportunity maximization strategy. Which of the follo
gregori [183]

Explanation: the answer would be d

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3 years ago
Comcast is advertising a new paperless statement program. With a few clicks of the mouse, you can now get your statements, pay i
Elena-2011 [213]

Answer:

The correct answer is B that is electronic bill presentment and payment.

Explanation:

A company Comcast who is advertising a program where the work is paperless. Everything is done with a few clicks of the mouse which in the mode of electronic and the person or an individual get the statements, get a receipt or pay it.

This is an example of the retailers which are offering the electronic bill presentment and payment.

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3 years ago
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Which data model has the highest level of abstraction?
masya89 [10]
It is an entity relationship model. Read more here- https://www.smartdraw.com/entity-relationship-diagram/
4 0
3 years ago
The Edward James Toy Company uses a kanban system to make a plastic wheels that are a component of several toys. The waiting tim
kicyunya [14]

Answer:

The number of kanban containers needed for the wheels is 4.2 containers

Explanation:

In order to calculate the number of kanban containers needed for the wheels we would have to calculate the following formula:

number of kanban containers needed for the wheels=Demand rate*(Average processing time+Average waiting time)*(1+Alpha)/Container size

According to the given data we have the following:

Demand rate = 2000 per day

Average processing time= 0.15 day

Average waiting time = 0.25 day

Container size= 200

Alpha= 5%

Therefore, number of kanban containers needed for the wheels=2,000*(0.15+0.25)*(1+0.05)/200

number of kanban containers needed for the wheels=4.2 containers

The number of kanban containers needed for the wheels is 4.2 containers

6 0
3 years ago
Flitter reported net income of $25,500 for the past year. at the beginning of the year the company had $216,000 in assets and $6
Brut [27]

Answer:

There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.

Return on Assets = \frac{Net Income}{Total Assets at year end}   1

                                                          or

Return on Assets = \frac{Net Income}{Average Assets}       2

Substituting the values in equation 1 we get,

Return on Assets = \frac{25500}{316000}

Return on Assets = \frac{25500}{316000}

Return on Assets = 0.080696203  or 8.07%

Substituting values in equation 2 we get,

Return on Assets = \frac{Net Income}{Average Assets}

Return on Assets = \frac{Net Income}{\frac{Assets at beginning + Assets at year end}{2}}

Return on Assets = \frac{25500}{\frac{216000 + 316000}{2}}

Return on Assets = \frac{25500}{266000}

Return on Assets = 0.095864662 or 9.58%

5 0
3 years ago
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