Answer: ( C ) Health care spending accounts
Explanation: All of the following are automatic stabilizers, except: Health care spending accounts.
***If you found my answer helpful, please give me the brainliest, please give a nice rating, and the thanks ( heart icon :) ***
Answer:
$20,000
Explanation:
Calculation for what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense
Using this formula
Balance in the allowance for doubtful accounts=
(Outstanding Accounts Receivable
* Percentage uncollectible)- Eebit balance of in the allowance for uncollectible accounts.
Let plug in the formula
Balance in the allowance for doubtful accounts=($500,000*8%)-$20,000
Balance in the allowance for doubtful accounts=$40,000-$20,000
Balance in the allowance for doubtful accounts=$20,000
Therefore the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense is $20,000
Answer:
The major advantage of multiple step income statement is that it breaks down the operating revenues and the costs incurred in the business.
It shows separated Gross profit which can be calculated as: Sales - COGS.
Apart from that, it shows separate Operating Income: Gross Profit - Operating expenses.
Lastly, it shows Net income: Operating income + non operating income.
Hence, concluded that, multiple step income statement offers a greater and detailed picture as compared to single step income statement.
Hope this helps.
Good Luck buddy.
Answer:
in the primary market and usually with the assistance of an investment banker.
Explanation:
Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.
Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.
Primary markets are also called new issues market
You are currently lengthy in a futures contract. you instruct a dealer to enter the quick aspect of a futures contract to shut your position. this is referred to as short selling.
<h3>What is short future contract?</h3>
On the different hand a quick futures means a sell function which is due or unsettled as on a precise alternate date. For e.g.: if Y sells 10 Futures contracts on Stock A, then he is mentioned to have brief function on 10 such contracts thru which he can promote inventory A as per the lot dimension of the contract.
<h3>What is lengthy and quick role in futures?</h3>
Having a “long” function in a protection means that you personal the security. Investors keep “long” protection positions in the expectation that the stock will upward jostle in cost in the future. The opposite of a “long” position is a “short” position. A "short" position is typically the sale of a stock you do no longer very own
Learn more about short future contracts here:
<h3>
brainly.com/question/984979</h3><h3 /><h3>#SPJ4</h3>
