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expeople1 [14]
3 years ago
15

In the as/ad model, an expansionary monetary policy has the greatest effect on the price level when it

Business
1 answer:
Ugo [173]3 years ago
6 0
The answer that would best complete the given statement above would be option B. In the as/ad model, an expansionary monetary policy has the greatest effect on the price level when it <span> increases real income but not nominal income. Hope this answers your question.</span>
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Omega, Inc. is considering international expansion and wants to know if it is likely to command a high price for its fitness pro
baherus [9]

<u>Answer:</u> Option C

<u>Explanation:</u>

International expansion is a strategy where the organizations enter into global markets for the benefit of making quick profits and business development in new segments. Omega Inc can fix higher prices when their products provide a greater value to the customers in that foreign market.

In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.

7 0
3 years ago
Johnson Company calculates its allowance for uncollectible accounts as 10% of its ending balance in gross accounts receivable. T
Margaret [11]

Answer:

<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>

1. Gross accounts Receivable = Allowance Account balance at beginning / 10%

= $30,000 / 10%

= $300,000

2.     Year   Account Title                              Debit     Credit

       2021  Bad debt expense                   $105,000

                  ($500,000*10% + $55,000)  

                         To Allowance for Doubtful Accounts   $105,000

3.  Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account

= $30,000 - (- $50,000)

= $30,000 + $50,000

= $80,000

4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000

4 0
2 years ago
QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting,
Damm [24]

Answer:

majority rule

Explanation:

4 0
3 years ago
Crane Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information
MakcuM [25]

Answer:

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Explanation:

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3 years ago
The term __________ refers specifically to geologic mountain building.
White raven [17]
'Mountain formation' or 'orogeny'
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3 years ago
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