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Alisiya [41]
3 years ago
13

Match each of the following types of evaluation with one of the listed users of accounting information. (Note: There might be us

ers who would be interested in more than one evaluation, but choose the user who would be most interested.)
A) Trying to determine whether the companys net income will result in a stock price increase
B) Trying to determine whether an advertising proposal will be cost-efficient
C) Trying to determine whether the company can pay its obligations
D) Trying to determine whether the company should employ debt or equality financing
E) Trying to determine whether the company complied with tax laws
A) Investors in common stock
B) Marketing managers
C) Creditors
D) Chief Financial Officer
E) Internal Revenue Service
Business
1 answer:
padilas [110]3 years ago
4 0

Answer:

A) Trying to determine whether the company's net income will result in a stock price increase  - Investors in common stock

B) Trying to determine whether an advertising proposal will be cost-efficient  - Marketing managers

C) Trying to determine whether the company can pay its obligations  - Creditors

D) Trying to determine whether the company should employ debt or equality financing  - Chief Financial Officer

E) Trying to determine whether the company complied with tax laws - Internal Revenue Service

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Money serves as a store of value when it a. rapidly gains and loses value over time. b. can be used to purchase approximately th
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Answer: b. can be used to purchase approximately the same amount of goods over time.

Explanation:

There are several functions of money including that it is a store of value. This means that it can be used to exchange for goods that have the same value over a period of time. For instance, $5 for a $5 plate of food.

It also means that it can be saved such that the value that it has will allow for people to be able to exchange for goods in future. This can only happen if it keeps its value over the same period of time.

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An example of frictional unemployment is a(n):_______.
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Answer:

The correct answer is letter "D": computer programmer who leaves one job and accepts a new job.

Explanation:

Frictional unemployment is one component of what economists call natural unemployment, which is unemployment caused by things other than an underperforming economy. Frictional unemployment is caused because of temporary changes in jobs. It involves cases such as new employees entering the workforce, people moving to another city and looking for a job or people leaving to seek a better one.

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If the exchange rate for canadian and u.s. dollars is 0.82777 to 1, this implies that 3 canadian dollars will buy ____ worth of
Delvig [45]
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At the beginning of the year, accounts receivable were $146,000 and the allowance for bad debts was $11,700. During the year, sa
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Answer:

Ending balance Accounts Receivable $153,800 Ending balance Allowance for Bad Debts $14,300

Net Accounts Receivable at end of year $139,500

Explanation:

Calculation for the balances at the end of the year for both Accounts Receivable and Allowance for Bad Debts accounts

T ACCOUNT

ACCOUNT RECEIVABLE

DEBIT SIDE

Beginning balance $146,000

Sales on account $602,000

Total $748,000

Ending balance $153,800

($748,000-$594,200)

CREDIT SIDE

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Bad Debts written off $12,200

Total $594,200

T ACCOUNT

ALLOWANCE FOR BAD DEBT

DEBIT SIDE

Bad Debts written off $12,200

Total $12,200

CREDIT SIDE

Beginning balance $11,700

Bad debts expense $14,800

Total $26,500

Ending balance $14,300

($26,500-$12,200)

Calculation for Net Accounts Receivable at end of year:

Net Accounts Receivable at end of year = ($153,800-$14,300)

Net Accounts Receivable at end of year=$139,500

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