Answer:
$31,670
Explanation:
Given that,
Revenue earned on account during Year 2 = $111,000
Cash collected from its receivables accounts during Year 2 = $76,000
Uncollectibles:
= 3% of its sales on account
= 0.03 × $111,000
= $3,330
Net realizable value of Miller's receivables at the end of Year 1:
= Revenue earned on account - Cash collected from its receivables accounts - Uncollectibles
= $111,000 - $76,000 - $3,330
= $31,670
Answer: a. The auditor provides services to employee benefit plans sponsored by governmental entities
Explanation:
Department of Labor independence rules apply to the audit services that are provided to employee benefit plans.
The situation requiring an auditor to apply Department of Labor (DOL) independence rules is when the auditor provides services to employee benefit plans sponsored by governmental entities
Answer: The correct answer is <u>"c. decrease in demand".</u>
Explanation: Complementary goods are all those products that depend on each other. That is, they are so closely linked that the behavior of one inevitably affects the behavior of the other.
The classic example of complementary goods is that of cars and gasoline. The sale of the former may be affected by an increase in the price of the latter; and, at the same time, the consumption of the second depends on the sale of the first.
<span>c. promotion
</span>d. prepare the report.
<span>a. that attempts to compare the responses of the same or similar people under different circumstances. (not 100% sure it could be c)</span>
Answer:
Allow the phone to ring "five to six times"