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forsale [732]
3 years ago
15

What happens if the amount of Bad Debt Expense is overstated at year end? A : Net income will be overstated. B : Allowance for D

oubtful Accounts will be understated. C : Stockholders' equity will be overstated. D : Net Accounts Receivable will be understated.
Business
1 answer:
Yuri [45]3 years ago
5 0

Answer:

D. Net Accounts Receivable will be understated

Explanation:

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Rosie's has 1,300 shares outstanding at a market price per share of $10. Sandy's has 2,000 shares outstanding at a market price
Ad libitum [116K]

Answer:

$14,800

Explanation:

Rosie's has 1,300 shares outstanding at a market price of $10

Sandy's had 2,000 shares outstanding at a market price of $23

The incremental value of the acquisition is $1,800

Therefore, the value of Rosie's to Sandy's can be calculated as follows

=( 1,300×$10)+$1,800

= $13,000+$1,800

=$14,800

Hence the value of Rosie's to Sandy's is $14,800

5 0
3 years ago
You are the newly appointed sales manager of the Rock Record Company and have been charged with the task of increasing revenues.
mote1985 [20]

Answer:

Increase price.

Explanation:

Price elasticity is the degree of responsiveness of quantity demanded to changes in price. Ideally as price increases quantity demanded reduces. When prices reduce quantity demanded increases.

As a new manager of Rock Record company, if the economics consultants inform you the price elasticity is less than one it means quantity does not change with increase in price.

So price can be increased without a corresponding decrease in price. The goal of higher revenue can be achieved by increasing the product price.

6 0
3 years ago
Read 2 more answers
Jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's
AleksandrR [38]

Answer:

d)Tier 2

Explanation:

from the question we are informed about jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's point of view, in this case Jones Manufacturing is tier 2. Tier 2 capital can be regarded as second layer of capital which serve as a required reserves of a bankIt contains revaluation reserves as well as hybrid capital instruments

3 0
3 years ago
The town of Gracie has established a permanent fund to account for numerous significant gifts intended to maintain a cemetery in
Viktor [21]

Answer: B. Restricted Fund Balance

Explanation:

A Restricted Fund is created when the source of the funds sets certain stipulations for the use of the money which in this case is that the monies should be used for the maintenance of the cemetery. The monies will therefore be restricted to that use alone.

The Unspent Investment Earnings will be reinvested in the Permanent fund at the end of the year. The Permanent Fund is a Restricted fund account therefore the Unspent earnings will be classified as a Restricted fund balance as well.

4 0
4 years ago
Which of the time periods below corresponds to a recession? A. 1931 - 1935 B. 1931 - 1934 C. 1933 - 1936 D. 1937 - 1939
ehidna [41]

Answer:

Time period corresponds to recession is D. 1937-1939

Step-by-step explaination:

Recession period is the period in which there is negative growth in stock market i.e that period in which the graph declines or accompanied by drop.

In the given interval 1931-1935 upto period 1933 the graph declines but after that it increases so it does not corresponds to recession period.

In the given interval 1931-1934, same reason as above.

In given interval 1933-1936, the graph goes to upward direction so it does not corresponds to recession period.

In the given interval 1937-1939,the graph declines upto 1939 so it corresponds to recession period.

4 0
3 years ago
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