Answer:
allowance for uncollectible accounts
Explanation:
The cash budget represents the cash inflow and cash outflow position with respect of cash receipts and cash payments i.e cash disbursement plus it also involves financing needs i.e how much amount is to be borrowed
But it does not involve the allowance for uncollectible accounts as it is not shown in the cash budget because it is shown under the debtors side with the negative amount of the balance sheet
Like
Assets
Current Assets
Account receivable XXXXX
Less: Allowance for uncollectible accounts XXXXX
Net account receivable XXXXX
Answer:
the deductible loss on the car is $12,000
Explanation:
The computation of the Jim deductible loss on the car is shown below:
Given that
Car value = $40,000
Insurance recovery = 70%
Now the deductible loss is
= Car value - (car value × insurance recovery)
= $40,000 - ($40,000 × 70%)
= $40,000 - $28,000
= $12,000
hence, the deductible loss on the car is $12,000
The reason why PlastiPharm should care about excess inventory is:
- It can lead to the degradation of the raw materials
<h3>What is Excess Inventory?</h3>
This refers to the situation where there is a product that is yet to be sold due to the excess estimated demand for the product which leads to the overstock of the product.
With this in mind, we can see that PlastiPharm should be worried about the excess inventory because it can lead to the degradation of the raw materials as they are overstocked.
Read more about excess inventory here:
brainly.com/question/13829106
Answer:
The correct answer is <em>corn and satellite radio.</em>
Explanation:
The price effect is the change in the quantity demanded of a good (or service) when its price is modified, while the rest of the variables remain constant (other prices, income or preferences among others).
When the price of a good changes, the conditions in which a particular consumption basket was chosen change. Given the above, the consumer will have to reevaluate his choice and will probably have to vary the quantity demanded of the goods that make up his shopping basket.
Thus, for example, if the price of one of the goods falls, the consumer sees his budgetary restriction modified and can look for a new optimum in a higher indifference curve. On the contrary, if the price of one of the goods increases, the budget line changes but now the consumer can only aspire to a lower indifference curve. In addition, given a price change, the relative prices of goods also change.
Quite a lot these days.
Let's say you made $4,000
You really only receive
(in your bank account)
About $2,000
It also depends if you have other bank accounts such as retirement savings or college payments.
