Year 1 = 35.23 days
Year 2 = 44.64 days
<h3>
What are net sales?</h3>
- Net sales are calculated by deducting appropriate sales returns, allowances, and discounts from gross revenue.
- Net sales costs have an impact on a company's gross profit and gross profit margin, but net sales exclude the cost of goods sold, which is typically a key driver of gross profit margins.
- Net sales are operating revenues obtained by a corporation for selling its products or performing its services in bookkeeping, accounting, and financial accounting.
- They are recorded directly on the income statement as Sales or Net sales and are also known as revenue.
So, Days' Sales Uncollected = Accounts receivable / Net Sales * Days
Year 1 = $64,000 / $663,000 * 365 days = 35.23 days
Year 2 = $91,000 / $744,000 * 365 days = 44.64 days
Therefore,
Year 1 = 35.23 days
Year 2 = 44.64 days
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The question you are looking for is here:
Barga Co.'s net sales for Year 1 and Year 2 are $663,000 and $744,000, respectively. Its year-end balances of accounts receivable follow Year 1, $64,000; and Year 2, $91,000. Complete the below table to calculate the days' sales uncollected at the end of each year.
Days' Sales Uncollected
Choose Denominator: / Choose Numerator: * Days = Days' Sales Uncollected
Year 1: days
Year 2: days
<span>c. common resources are rival in consumption.
In the tragedy of the commons, William Forster Lloyd presented the example of a common resource being over used and destroyed because for any individual abusing the resource, they gained a benefit while the damage to the resource was paid by everyone.
So let's look at the available options and see what makes sense, or doesn't make sense.
a. people consider the value of resources in the future more than in the present.
* If this were true, the there wouldn't be a tragedy of the commons. So this is an incorrect answer.
b. markets do not account for the presence of property rights.
* The tragedy of the commons doesn't involve property rights. EVERYONE in the community is allowed to use the commons. The problem is irresponsible overuse of the common resource. So this is also an incorrect answer.
c. common resources are rival in consumption.
* This is the correct answer. The concept of Rivalry is where a common resource can not be simultaneous consumed by multiple users, or if the consumption of a resource decreases its utility to another consumer. In the tragedy, if one person grazes (consumes) more than their fair share, the commons gets over grazed and over time stops producing. Each person who's overgrazing does get a tangible short term benefit for doing so, but everyone has to pay the cost.
d. government does not efficiently allocate society's scarce resources.
* This is also a wrong answer. It's true that the commons could be regulated by the government, but then it would no longer be the commons.</span>
Answer:
is rooted in troubled relationships between groups that have little grasp of what’s going on outside their own neighborhood.
Explanation:
This alternative is correct because according to Barry Oshry's studies system blindness occurs when behavioral patterns are negatively cultivated in an organization. Barry studied how to positively motivate employee behavior and reverse negative patterns.
System blindness is a flaw that must be reviewed and reviewed by organizational leaders, the cause of negative patterns must be studied and reviewed, and the question of which organizational policy and culture is contributing to blindness among employees must be ascertained.
Answer and Explanation:
The journal entries are shown below:
1. Cash $19,980
To Common Stock $19,980
(Being the invested amount is recorded)
2. No journal entry is required
3. Rent Expense $999
To Cash $999
(Being the rent expense is recorded)
4. Supplies $1,443
To Accounts Payable $1,443
(being supplies purchased on account is recorded)
5. Accounts Receivable $2,109
To Service Revenues $2,109
(Being service provided is recorded)
6. Cash $777
To Unearned Revenues $777
(Being cash is recorded)
7. Cash $3,108
To Service Revenues $3,108
(Being cash is recorded)
8. Salary & Wages Expense $1,664
To Cash $1,664
(Being cash paid is recordeD)
9. Accounts Payable $333
To Cash $333
(Being cash paid is recorded)
Answer:
The correct answer is the first option: People will get tired of seeing this same ad over and over.
Explanation:
To begin with, the fact that the company will try to keep the costs stable in order to avoid increasing them will end up affecting the company at the long run due to the fact that the because of the continuos advertisement being showed the people will eventually get tired of it and that will cause a reject on the brand and with that a bad view of the way the act regarding the boring innovation that they have on showing their products. So with time, the consumers will end up buying less or at least feeling less comfortable with the brand itself due to repetition, the lack of creativity and use of good marketing.
