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Answer:
Competitive Advantage
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question Gamma Manufacturing has a Competitive Advantage over its competition. A Competitive advantage is formally defined as the ability of an organization to produce goods or services more effectively than their competitors, therefore outperforming those same competitors in a certain market.
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Answer:
Th etotal accounts written off during 11 months is $ 24,677
Explanation:
Computation of amounts written off
The movement in the allowance account is as per the following formula
Opening balance + Bad Debts Expense - Amounts written off = Ending balance
$ 13,177 + $ 21,273 - Amounts written off = $ 9,773
By solving the equation
Amounts written off = $ 13,177 + $ 21,273 - $ 9.773 = $ 24,677
In other words, the bad debts expense for the year plus the movement in the allowance balance represents the amounts written off
A. end; payments
B. beginning; purchases
C. beginning; payments
D. end; purchases
Answer:
C. beginning; payments
Explanation:
The adjusted balance method is a method that is usually used by banks in which they calculate the interest at the end of the period by taking the initial balance adding all the adjustments made to the account like a payment and then they calculate the interest using the end balance. According to this, the answer is that adjusted balance method calculates interest using the balance at the beginning of a billing cycle, adjusted by any payments made during the period.
Answer:
$30
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Here, one has the option of either paintballing or attending a concert. If one goes paintballing , the opportunity to attend the concert is forgone. Thus, the opportunity cost is the cost of the concert tickets- $30.
I hope my answer helps you