Answer:
Tabor
Write-off of Uncollectible:
The effect of a write-off of an uncollectible is that the Accounts Receivable is reduced by the amount of the write-off and the Uncollectible Expense is equally increased, which results in increased total expenses and reduced net income.
Explanation:
When a specific customer's account is identified as uncollectible, the journal entry to write off the account is:
1. A credit to Accounts Receivable (to remove the amount that will not be collected)
2. A debit to Allowance for Doubtful Accounts (to reduce the Allowance balance that was previously established)
Answer: 3 units of labor
Explanation:
Diminishing Marginal Returns refers to a scenario where less marginal output is recorded as more inputs are invested.
From the exhibit, that point would be at 3 units of labor.
At 0 units of labor, 0 units of output was recorded.
At 1 unit of labor, 50 units of output was produced. This means 50 more units were produced.
At 2 units of labor, 110 units of output were produced. This means 60 more units were produced.
At 3 units of labor, 155 units of output were produced meaning that only 45 more units were produced as a result of the extra unit of labor.
This 45 units is less than the 60 units that adding the second unit of labor added to production meaning less marginal output was recorded as more inputs were invested starting here.
An example of a virtual team is a group of employees who participate in a motorcycle riding group that meets outside of the company.
A virtual team, sometimes referred to as a remote team, is made up of individuals who communicate and work via technology like audio and video conferencing from geographically separate locations.
<h3>What is a Virtual Team?</h3>
A virtual team, sometimes referred to as a geographically dispersed team or a remote team, is a collection of individuals who communicate with one another online. Members of a virtual team typically reside in several geographic locations.
- Remotely working groups of coworkers are known as virtual teams. These coworkers communicate via tools like email, Slack, and Zoom while working remotely rather than in an office. These coworkers work together online and hardly ever interact in person.
- The same characteristics consistently appear in studies and lists: empathy, justice, listening and communication skills, sincerity, and decision-making. Teams are motivated and inspired by leaders.
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<span>Use the PV of an Annuity tables, where PV is $1,000, Annuity is $20, and Rate is 1.5%. But remember that the equation for this table is PV = Annuity x Factor. Since we know the PV and the Annuity, solve for the Factor.
PV / Annuity = Factor, so $1,000 / $20 = 50 (the Factor). From the table, find where a Factor of 50 meets a rate of 1.5%. A factor of 49.9724 appears at 1.5% and 93 Periods.
The formula for the PV of an Annuity is (1 - 1 / (1 + r)^n) / r. So 1,000 = (1 - 1 /(1.015)^n / .015.
To solve for n gets too difficult</span>
A competitive market incentivizes its consumers and producers when the property rights are well-defined and enforced.
<h3>What is a competitive market?</h3>
A competitive market is referred to as a condition wherein there are a large number of buyers and sellers in a market dealing in the buy and sell of a distinctive product.
Hence, option B holds true regarding a competitive market. The complete question has been attached as an image for better reference.
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