Answer:
![\left[\begin{array}{ccc}Account&DEBIT&CREDIT\\$Cash&18,900&-\\$Account\: Receivable&60,100&\\$Allowance \: doubful \: accounts&&150\\$Inventory&186,500&\\$Supplies&7,170&\\$Prepaid Insurnace&3,090&\\$Equipment&51,300&-\\$Acc \: Dep \: Equipment&-&18,100\\$Accounts \: Payable&&9,000\\$SS \: tax \: payable&&1420\\$Medicare \: tax \: payable&&340\\$Capital&&298,050\\&327,060&327,060\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DAccount%26DEBIT%26CREDIT%5C%5C%24Cash%2618%2C900%26-%5C%5C%24Account%5C%3A%20Receivable%2660%2C100%26%5C%5C%24Allowance%20%5C%3A%20doubful%20%5C%3A%20accounts%26%26150%5C%5C%24Inventory%26186%2C500%26%5C%5C%24Supplies%267%2C170%26%5C%5C%24Prepaid%20Insurnace%263%2C090%26%5C%5C%24Equipment%2651%2C300%26-%5C%5C%24Acc%20%20%5C%3A%20Dep%20%5C%3A%20Equipment%26-%2618%2C100%5C%5C%24Accounts%20%5C%3A%20Payable%26%269%2C000%5C%5C%24SS%20%5C%3A%20tax%20%5C%3A%20payable%26%261420%5C%5C%24Medicare%20%5C%3A%20tax%20%5C%3A%20payable%26%26340%5C%5C%24Capital%26%26298%2C050%5C%5C%26327%2C060%26327%2C060%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
The sales, expenses, income summary and drawings accounts will be closed therefore will not be part of the post-closed trial balance.
Thew capital Account will suffer the net change of all these account thus, we can list the assets and liabilities and then, solve for Capital by the difference:
Assets = Laibilities + Equity
327,060 = 150 + 18,100 + 9,000 + 1,420 + 340 + Capital
Capital = 327,060 - (150 + 18,100 + 9,000 + 1,420 + 340)
Capital = 298,050
The correct answer would be, Focus on research and development as a form of non-price competition.
Future clothes Inc., a publicly traded company, designs and manufactures wearable technology. Future Clothes should Focus on research and development as a form of non-price competition.
Explanation:
When a company increases its production of goods or services at the same part of the supply chain, this expansion is called as the horizontal integration. Horizontal integration is achieved through increasing production of goods or services through Mergers, acquisitions, internal expansions, etc.
So when Future Clothes have a long period of horizontal integration in the industry, they should now focus on Research and Development in its related products or services as a form of non price competition.
Learn more about Horizontal Integration at:
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Answer:
more intense the competitive pressures posed by substitute products.
Explanation:
The lower the user's switching costs: the more intense the competitive pressures posed by substitute products.
Switching costs can be defined as the cost of a consumer switching from a product to a substitute good.
Therefore when such switching costs are low, it will be easier to switch from one product to another, implying that the competitive pressure from substitute goods are higher.
It would be 610.32 . My teacher helped me with that one
Answer:
$1,000,000
Explanation:
The Amount to be reported as lease liability must <em>depict </em>the present value of future cash outflows required to be paid as the entity enjoys its <em>right to use the asset</em>.
Thus, the present value of the minimum lease payments at lease inception was $1,000,000 represents the amount of lease liability.