Answer:
The balance of accounts receivable on January 1, 2018 is $31,180.
Explanation:
The following are given in the question:
Percentage of allowance for uncollectible accounts = 3%
Credit sales = $125,000
Collections = $131,000
Amount written off = $180
Therefore, we have:
Account receivable on 31 December 2018 * 3% = $750
Account receivable on 31 December 2018 = $750 / 3% = $25,000
Accounts receivable on 01 January 2018 = Account receivable on 31 December 2018 - Credit sales + Collections + Amount written off = $25,000 - $125,000 + $131,000 + $180 = $31,180
Therefore, the balance of accounts receivable on January 1, 2018 is $31,180.
Answer:
C. subsidizing: taxing
Explanation:
An activity generates a positive externality if the benefits of economic activities to third parties exceeds its costs.
Example of activities that generate positive externality are education and research.
Government ought to encourage the production of activities that generates postive externality. One of the ways this can be done is through Subsidy. Subsidy reduces cost of production and increases production.
An activity generates negative externality if the benefits of economic activities to third parties is less its costs.
An example of negative externality is pollution.
Government can discourage activities that generates negative externality by taxation. Taxation increases the cost of production and discourages production.
I hope my answer helps you
Answer:
a. Value of Ending inventory $ 22025
b. Profit= $ 10429
c. Amount Remitted to the Consignor $32454
Explanation:
Windsor Company
Goods Sent on Consignment 90 * $ 480= $ 43,200
Shipping Charges $ 850
Total $44050
Cost of One Freezer = $ 44050/ 90= $ 489.44
Cost of 45 Freezers= $22025
The ending inventory value is calculated by multiplying the unit costs with the units at hand.
a. Value of Ending inventory at the Hands of the Consignee = Units* Cost Price = 45 * $ 489.44= $ 22025
Sales by the Consignee 45* $ 780= $ 35100
b. Profit= Sales - (Cost + Expenses) = $ 35100- ($22025 + $2646)
= $ 10429
Profit is calculated by subtracting all the expenses and the cost from the sales
Installation Charges $330
Advertisement Costs $ 210
Commission (6% of 35100)= $2106
Total Expenses $2646
c. Amount Remitted to the Consignor = Sales - Expenses= ( $ 35100- $2646 )= $32454
Hi there!
<u>Information:</u>
<u>First, allow us to observe what an "economic factor is".</u>
- An economic factor is data taken out of market and economy.
- Economic factor may include certain costs. And these costs well be in our answer.
<u>Problem-Solving / Answer</u>
<u>Now, we figure out what economic factors we can find.</u>
<u>Tax rates</u> - tax rates can include an Economic factor.
<u>Laws</u> - Laws are a known economic factor.
<u>Unemployment</u> - Big one, at this time due to COVID-19, unemployment rates are flying off the charts. This is an example of an economic factor.
Important Keywords;
- Data ; <u>Data can be information taken from a place, for example, you have taken data from a chart.</u>
<u>Learn more:</u>
<u>Push factors: brainly.com/question/13553564</u>
<u>Economic growth: brainly.com/question/13023127</u>
<u></u>
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Answer:
There are many effects. They equate for a large portion in the fast food industry
Explanation:
