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3 years ago

why does the study state that " unless you are sleeping, it is almost impossible not to be communicating"?

Business

2 answers:

Ganezh [65]3 years ago

8 0

Simply moving your eyes or blinking could count as communication

romanna [79]3 years ago

6 0

Because your movements expressions

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Nenn Co.'s allowance for uncollectible accounts was $180,000 at the end of 2011 and $190,000 at the end of 2012. For the year en

ANEK [815]

Answer:

The amount Nenn debited to write off actual bad debt is $17,000

Explanation:

Please see computation below

Given that;

Beginning balance of allowance for uncollectible = $180,000

Ending balance of allowance for uncollectible = $190,000

Bad debt expenses reported = $27,000

With regards to the above information,

the net write off for actual bad debts is

= $180,000 + $27,000 - $190,000

= $17,000

6 0

4 years ago

Given the following information for a retail company, what is the total cost of goods purchased for the period? Purchases discou

BigorU [14]

Answer: $298,800

Explanation:

Cost of goods purchased = Gross merchandise cost + Transportation-in (Carriage inwards) - Purchase discount - Purchase returns

= 304,000 + 6,700 - 3,500 - 8,400

= $298,800‬

8 0

3 years ago

Christopher just received his checking account statement from his bank. He has a NOW account with free checking that pays 0.75%

MatroZZZ [7]

Answer:

Christopher

He will need to contribute $661.51 every quarter for seven years.

Explanation:

a) Data and Calculations:

To save up to $20,000 for a house down payment seven years from now, Christopher needs to save every quarter:

Results

PMT = $661.51

N (# of periods) = 28

I/Y (Interest per year) = 2.25

PV (Present Value) = 0

FV (Future Value) = $20,000

P/Y (# of periods per year) = 4

C/Y (# of times interest compound per year) = 4

PMT made at the of each quarter

Sum of all periodic savings = $18,522.41

Total Interest = $1,477.59

3 0

3 years ago

When Crossett Corporation was organized in January, Year 1, it immediately issued 4,000 shares of $50 par, 6 percent, cumulative

astraxan [27]

Answer:

a. $0

The company was organized in January, Year 1. They do not have to pay dividends because the company just started operations. The cumulative dividends are only to be paid at the end of the period so there is no dividend arrear here.

b. Preferred shareholders are meant to get:

= 4,000 shares * 50 * 6%

= $12,000 per year

As they are owed $12,000 from the first year and are now owed for the second, the dividends they will get is:

= 12,000 + 12,000

Preferred Dividends = $24,000

Ordinary shareholders get what is left:

= 25,000 - 24,000

= $1,000

8 0

3 years ago

Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gross profit ratio is typically

Anna71 [15]

Answer:

A. $60,000

Explanation

Calculation for what the estimated cost of the ending inventory under the gross profit method would be

First step is to calculate the Gross profit

Gross profit= $300,000 *30%

Gross profit= $90,000

Second Step is to calculate the cost of goods sold

Cost of goods sold=$300,000-$90,000

Cost of goods sold= $210,000

Last step is to calculate the estimated cost of the ending inventory under the gross profit method

Using this formula

Estimated cost of the ending inventory=

Cost of goods available for sale- Cost of goods sold

Let plug in the formula

Estimated cost of the ending inventory=$270,000-$210,000

Estimated cost of the ending inventory=$60,000

Therefore the estimated cost of the ending inventory under the gross profit method would be $60,000

4 0

3 years ago