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3 years ago

Capital inflow equals:

Business

1 answer:

Umnica [9.8K]3 years ago

4 0

Answer:

c. the total inflow of foreign funds minus the total outflow of domestic funds

Explanation:

Capital inflow equals the total inflow of foreign funds minus the total outflow of domestic funds.

Inflows of foreign fund occur generally in a country by selling goods and services, shares, etc to outside of the country and similarly, the outflow of domestic funds occur from a country through purchasing of goods and services, shares, etc from outside countries and differences of these two called as Capital inflow.

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Johnson Company calculates its allowance for uncollectible accounts as 10% of its ending balance in gross accounts receivable. T

Margaret [11]

Answer:

Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"

1. Gross accounts Receivable = Allowance Account balance at beginning / 10%

= $30,000 / 10%

= $300,000

2. Year Account Title Debit Credit

2021 Bad debt expense $105,000

($500,000*10% + $55,000)

To Allowance for Doubtful Accounts $105,000

3. Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account

= $30,000 - (- $50,000)

= $30,000 + $50,000

= $80,000

4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000

4 0

2 years ago

Zoe Corporation has the following information for the month of March: cost of direct materials used in product $15,401,direct la

bija089 [108]

Answers:

Calculation of cost of goods manufactured:

Particulars Amount(in $)

Cost of direct material $15,401

Add: Direct labour $24,583

Add: Factory overhead $35,335

Add: Work In process inventory, March 1 $20,021

Less: Work in process inventory, March 31 $20,681

Cost of goods manufactured $74,659

Calculation of Cost of goods sold:

Particulars Amount(in $)

Cost of goods manufactured $74,659

Add: Finished goods inventory, March 1 $24,889

Less: Finished goods inventory, March 31 $27,311

Cost of goods sold $72,237

7 0

3 years ago

Which of the following would be an effective approach for encouraging authentic feedback? A. Defend yourself if you disagree wit

sergey [27]

Answer:

C. Ask for feedback only when you are open to hearing it.

Explanation:

Feedback refers to providing the information gathered after evaluating any specific action or event. Providing authentic feed-backs helps in promoting and improving the better quality of the original topic. It is more personalized and user-oriented. There are various ways by which authentic feed-backs can be given. Through messaging, writing, discussing over calls, and conversations over video calls helps in providing authentic feedback. Asking for feedback should be initiated by the person only when the person is willing to listen and acquire those feed-backs is an effective approach for encouraging authentic feedback.

6 0

3 years ago

What is the acceleration of an object that has a mass of 4.0 kg if the net force acting on it is 26N

Lynna [10]

Use Newton's Second Law: Fnet = ma
where Fnet = total net force, m = mass of object, and a = acceleration of object.

You are given Fnet = 26N and m = 4.0kg. Plug them into the equation and solve for a:
$26 = 4.0a$
$a = 6.5$

The answer is 6.5 m/s^2

7 0

3 years ago

Match each description 1 through 4 with the characteristic of preferred stock that it best describes in the dropdown next to eac

andreyandreev [35.5K]

Answer:

1. Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends - Cumulative Shares

Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.

2. Holders of the stock can receive dividends exceeding the stated rate under certain conditions - Participating Shares

Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.

3. Holders of the stock are not entitled to receive dividends in excess of the stated rate. - Non- Participating Shares

Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.

4. Holders of the stock lose any dividends that are not declared in the current year - Non- Cumulative Shares

If their dividend is not declared in a certain period, they will forfeit that dividend for the period.

7 0

3 years ago