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Anton [14]
3 years ago
5

Carol Bates, a young, dynamic, and affluent banker, likes to shop online and try out new products. She likes to keep herself upd

ated about the latest products introduced in the market. She is usually the first among her friends to buy the latest gadgets.
What trait best describes Carol?
Business
1 answer:
Wittaler [7]3 years ago
4 0
<h2>"Innovative" traits best describes Carol</h2>

Explanation:

Based on the given statement, Carol Bates is very much interested in grabbing the latest gadgets. It means that,

  • Carol is updated
  • Adaptable to change
  • Have exploring capability to upgrade
  • A technology savvy
  • Monitors market and has good knowledge on current trends
  • Self-motivated to be on track
  • Has creative skills to use the latest gadgets

All the above qualities describes that Carol Bates is innovative.

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Use the following information for calendar year 2020: Accounts receivable, January 1 $125,000 Credit sales during the year 1,400
Aloiza [94]

Answer:

See below

Explanation:

Given the information above, first we need to compute ending balance of account receivables.

Ending balance of account receivables = Beginning balance + Credit sales - Customer's account collected - Write off amount

= $125,000 + $1,400,000 - $1,350,000 - $0

= $175,000

The year end balance in the allowance for uncollectible account would be

= $175,000 × 10%

= $17,500

Now, the bad debt expense

= Year end balance of allowance for uncollectible account - Beginning balance of allowance for doubtful accounts + Written off

= $17,500 - $15,000 + $0

= $2,500

6 0
3 years ago
A retired woman has $180,000 to invest. she has chosen one relatively safe investment fund that has an annual yield of 9% and an
Zepler [3.9K]
Solution:  
Let the amount invested in scheme which yields 9% be x and amount invested in scheme which yields 13% be y.  
x + y = 180000 --equation 1 
0.09x + 0.13y = 18000 --equation 2  
Balancing the equations, multiply equation 1 with 0.09 and equation 2 with 1,  
0.09x + 0.09y = 16200 -equation 3
 0.09x + 0.13y = 18000 --equation4  
Subtracting equation 4 from 3, 
 -0.04y = -1800  
y = 45000 
 Now putting value of y in equation 1, 
 x + 45000 = 180000 
 x = 135000 
 The amount to be invested in scheme which yields 9% = $135,000
 The amount to be invested in scheme which yields 13% = $45,000
6 0
3 years ago
Calculating Standard Quantities for Actual Production Guillermo's Oil and Lube Company is a service company that offers oil chan
vova2212 [387]

Answer:

Number of quarts for 960 oil changes= 6,144 quarts

No of hours for 960 oil changes = 432 hours

Number of quarts for 950 oil changes=6,080 quarts

No of hours  for 950 oil changes= 427.5 hours

Explanation:

Guillermo's Oil and Lube Company

1.Number of quarts for 1 oil change = 6.4 quarts of oil

Number of quarts for 960 oil changes= 6.4 quarts of oil *960= 6,144 quarts

2. Number of minutes for 1 oil change = 27 minutes

Number of minutes for 960 oil changes = 27 minutes*960= 25920 minutes

No of hours for 960 oil changes = 25920/60= 432 hours

3.Number of quarts for 1 oil change = 6.4 quarts of oil

Number of quarts for 950 oil changes= 6.4 quarts of oil *950= 6,080 quarts

Number of minutes for 1 oil change = 27 minutes

Number of minutes for 950 oil changes = 27 minutes*950= 25650 minutes

No of hours  for 950 oil changes= 25650/60= 427.5 hours

5 0
3 years ago
Question 8
Ghella [55]

Answer:

D

Explanation:

I know the answer

8 0
3 years ago
Read 2 more answers
Wendell Company provided the following pertaining to its recent year of operation:
myrzilka [38]

Answer:

Option (B) is correct.

Explanation:

Wendell's total stockholders' equity increase during the recent year of operation:

= Issued common stock - Cash dividend declared + Net Income - Stock dividend distributed + Sale of treasury stock below cost

= $50,000 - $20,000 + $70,000 - $23,000 + $7,000

= $84,000

Therefore, Wendell's total stockholders' equity increase by $84,000.

3 0
3 years ago
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