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Mazyrski [523]
2 years ago
13

Which of the following are debt collectors allowed to do when they’re attempting to collect debts?

Business
1 answer:
Alchen [17]2 years ago
5 0
<span>The answer is B. Contact you at home 

A. and C. are both invasions of privacy and D. is illegal.

Have good day! =)</span>
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The accounts in the ledger of Seaside Furniture Company as of August 20Y5 are listed in alphabetical order as follows. All accou
musickatia [10]

Answer:

Cash $426,800.00

Debit side $6,500,000.00

Credit side $6,500,000.00

Explanation:

Preparation of the Unadjusted trial balance

SEASIDE Unadjusted Trial Balance

DEBIT SIDE

Cash 426,800.00

Accounts Receivable 660,500.00

Prepaid Insurance 21,600.00

Supplies 11,200.00

Land 1,850,000.00

Dividends 36,000.00

Wages Expense 2,950,000.00

Utilities Expense 82,000.00

Rent Expense 390,000.00

Supplies Expense 23,700.00

Insurance Expense 18,000.00

Miscellaneous Expense 30,200.00

TOTAL $6,500,000.00

CREDIT SIDE

Notes Payable 75,000.00

Accounts Payable 118,600.00

Unearned rent 12,000.00

Common stock 150,000.00

Retained Earnings 1,814,400.00

Fees Earned 4,330,000.00

TOTAL $6,500,000.00

CASH will be the balancing figure since the total of both Debit and Credit columns of trial balance must equal.

Therefore the Unadjusted trial balance be:

Debit side $6,500,000.00

Credit side $6,500,000.00

8 0
2 years ago
The following monthly data are taken from Ramirez Company at July 31 Sales salaries, $320,000, Office salaries, $64,000, Federal
vfiekz [6]

Answer:

1 Total premium % paid by Employees Premium paid by employees Premium paid by employer Employee medical insurance payable 7500 40% 3000 4500 Employee life insurance payable 4500

Explanation:

5 0
3 years ago
Two ways in which can adapt to the challenges of the business environment
Alchen [17]
<h3>Two ways in which can adapt to the challenges of the business environment</h3>
  1. Recognize the Size of the Change
  2. Be open to new and different ideas

Today's business concerns are more pressing than ever before. Businesses are competing on a much greater scale as a result of technical advancements and globalization. And, in light of the current economic and health crises, business owners confront an even greater challenge: prospering, not just surviving. Here are four strategies to explore in order to assist your company adjust amid difficult times.

<h3>1. Recognize the Size of the Change</h3>
  • To most seasoned company and executive leaders, the word 'adapting' may sound cliché. Adaptability, on the other hand, in the context of business simply means being open to new ideas and methods. Accept that the world is changing at a quick speed, and that in order for businesses to thrive, they must adapt their strategy to meet the demands of the moment.
<h3>2. Be open to new and different ideas.</h3>
  • In order to be competitive, a business owner needs understand a few things. The first step is to think about what other options you have. Consider your backup plans and procedures in case the market situation changes unexpectedly. A business owner must constantly be prepared for any kind of tweaks and changes that their company may experience, and have a contingency plan in place that can be implemented promptly.

8 0
2 years ago
As part of a valuation analysis, you have identified two comparables: KLA Tencor (KLA) and Lam Research (LAM). KLA has company v
True [87]

Answer:

The correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.

Explanation:

The price-earnings (P/E) ratio can be calculated using the following formula:

P/E ratio = Market value of equity / Net income ............... (1)

From the question. we hav:

KLA market value of equity = $8,000

KLA net income = $400

LAM market value of equity = $6,000

LAM net income = $500

Using equation (1) and the above information, we have:

P/E ratios for KLA = $8,000 / $400 = 20

P/E ratios for LAM = $6,000 / $500 = 12

Therefore, the correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.

5 0
2 years ago
The income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Macros
wariber [46]

Explanation:

The preparation of the cash flows from operating activities section is shown below:-

Working note:-

Sales                                                            $330

Add Decrease in Accounts Receivables   $7

Cash collected from customers                 $337                              

Cost of goods sold                                      $130

Add Increase in inventory                           $13

Less Increase in accounts payable            $19

Paid cash to suppliers                                 $124

Salary expenses                                           $41

Less Increase in payable salaries                $7

Paid cash to employees                               $34

Insurance expenses                                      $21

Less Decrease in prepaid insurance            $5

Paid cash for insurance                                $16

Income tax expenses                                     $65

Less Increase in income tax payable            $11

Paid cash for income tax                               $54

Interest expenses                                           $13

Less Decrease in bond expenses                  $2

Paid cash for interest expense                       $11

Statement of Cash Flow

Cash collected from customers                    $337

Gain on sale of cash equivalents                  $3

less: Paid cash to suppliers                           $124

less: Paid cash to employees                        $34

less: Paid cash to insurance                           $16

less: Paid cash for interest                              $11

less: Paid cash for income tax                        $54

Net cash provided by operating activities     $101

3 0
3 years ago
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