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3 years ago

Amounts spent for charitable contributions are an example of a(n):

Business

1 answer:

Schach [20]3 years ago

4 0

Answer:

The correct option is E

Explanation:

A discretionary fixed cost is an expenditure for a period specific cost or a fixed asset which can be eliminated or reduced without affecting the reported profitability of a business. Advertising campaigns, charitable contributions, Employee training can all be classified as discretionary fixed cost.

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Bramble Corporation factors $252,500 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathl

attashe74 [19]

Answer:

Explanation:

Before passing the journal entry we have to do the calculations which is shown below:

The accounts receivable is $252,500

Financial charge = 2% of accounts receivable = $252,500 × 2% = $5,050

Recourse obligation fair value = $4,940

The loss on receivables sold would be = $5,050 + $4,940 = $9,990

Reserve amount = 4% of accounts receivable = $252,500 × 2% = $10,100

Now the journal entry would be shown below:

Cash A/c Dr $237,350

Reserve A/c Dr $10,100

Loss on receivables sold A/c Dr $9,990

To Recourse liability $4,940

To Accounts receivable $252,500

(Being the sale of receivables with recourse is recorded)

4 0

3 years ago

How does the use of plastic to produce bicycle helmets affect other plastic-using industries? A. It decreases the prices offered

zheka24 [161]

Answer:

The correct answer is option D.

Explanation:

The use of plastic to produce bicycle helmets will reduce the amount of resources available to other industries that use plastic. If an industry is making helmets from plastic, they are using plastic as inputs in the production process. This will cause a reduction in the quantity of plastic available.

This plastic is used by other industries as well. They will experience a reduction in the resources available to them.

5 0

2 years ago

I think I have the correct answers but I would like a second opinion

Sergio039 [100]

Answer:

the answer is c

Explanation:

3 is in the hundreds

3 0

3 years ago

Kant Corporation retires its $500,000 face value bonds at 102 on January 1, following the payment of interest. The carrying valu

9966 [12]

Answer and Explanation:

The Journal entry is shown below:-

Bonds payable Dr, $500,000

Loss on retirement of bonds Dr, $28,750

($510,000 + $18,750 - $500,000 )

To Cash $510,000 ($500,000 × 1.02)

To discount on bonds payable $18,750 ($500,000 - $481,250)

(Being redemption is recorded)

Here we debited the bonds payable and loss on retirement of bonds as it decreased the liabilities and increased the loss and we credited the cash and discount on bonds payable as it decreased the assets and increased the liabilities

8 0

3 years ago

Research ________ are specific, measurable goals the decision maker seeks to achieve in conducting the marketing research

zvonat [6]

<h2><u>Answer:</u></h2>

<em>Research </em>objectives<em> are specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.</em>

<h2><u>Explanation:</u></h2>

<em>Marketing research serves marketing management by providing information which is relevant to decision-making. Marketing research does not itself make the decisions, nor does it guarantee success. Rather, marketing research helps to reduce the uncertainty surrounding the decisions to be made.</em>

4 0

1 year ago