Answer:
The activities that creates positive externalities among the options include:
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place.
- You and your friends volunteer to plant wildflowers along the local highway.
Explanation:
Positive Externality occurs when the consumption or production of a good causes a benefit to a third party.
Take for instance, Government grants and subsidies to producers of goods and services that generate external benefits will reduce costs of production, and encourage more supply.
The positive externalities includes supply of merit goods such as healthcare, education, and social housing.
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place. The positive externality here is easy access to transport.
- You and your friends volunteer to plant wildflowers along the local highway. This will cause your relationship with your friends to blossom and when the plants grow, it will purify the air and beautify the environment.
I believe it would be the answer B
The estimated cost of lost inventory = $4552.1
Explanation:
The cost of lost inventory = inventory,begining+purchases of the period-((1-avg gross profit ratio)(sales for the period-returns for the period))
The cost of lost inventory=$29900+$18900-((1-0.21)($56900-$890))
=$48800-((0.79)(56010))
=$48800-(44247.9)
=$4552.1
The estimated cost of lost inventory is $4552.1
Answer:
Explanation:
The journal entry will be:
Debit: Bad debt expense $2500
Credit: Allowance for doubtful $2500
Then, we will calculate the net amount of account receivable that should be included in current assets which will be:
Account receivable = $128000
Less: Allowance for doubtful = $500 + $2500 = $3000
Net amount of account receivable = $125000
