Answer:
As such, the effect on the elements of the financial statements are
Cash increases by $1,045 and receivable decreases by $1100 resulting in a net decrease in assets by $55.
Expense in the statement of other income increase by $55, thereby resulting in a decrease in owner's equity by the same amount.
Explanation:
This type of transaction is called factoring of receivables. When receivable are factored, the company sells the receivable to another and incurs a charge.
This is usually done to ease liquidity pressures.
The entries required on factoring
Debit Cash
Debit Factoring/interest expense
Credit Account receivable
The Factoring charge
= 5% * $1,100
= $55
Amount of cash received
= $1,100 - $55
= $1,045 (posted to cash)
<span>efficiency, waste of movement</span>
Maxi max is the decision maker focuses on the most likely state of nature and chooses the alternative that gives the maximum payoff for that state of nature.
What is a Maxi max decision maker?
The Maxi max decision rule is used when a manager wants the possibility of having the highest available payoff. It is called Maxi max because the manager will find the decision alternative that Maximizes the Maximum payoff for each alternative.
What is payoff in decision theory?
Payoff Table and Expected Payoff. A Payoff Table is a listing of all possible combinations of decision alternatives and states of nature. The Expected Payoff or the Expected Monetary Value (EMV) is the expected value for each decision.
What is meant by Maxi max?
A strategy or algorithm that seeks to maximize the maximum possible result (that is, that prefers the alternative with the chance of the best possible outcome, even if its expected outcome and its worst possible outcome are worse than other alternatives);
Learn more about decision theory:
brainly.com/question/14642120
#SPJ4
Answer:
D. standardized marketing
Explanation:
The mass marketing at the center of the undifferentiated approach to target marketing is the assumption that the customer segments across the world will accept the same product regardless of their cultural, behavioral, or socio-economic differences. This is also known as standardized marketing.
Standardized marketing can be definition as the use of global standardization, which refers to when a company uses the same marketing strategy for various countries without minding their difference in culture.
Answer:
A non-compete agreement
Explanation:
A non-compete agreement is a contract between an employee and employer. A non-compete prohibits an employee from engaging in a business that competes with his/her current employer's business.