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Ivenika [448]
3 years ago
5

Suppose a student graduates from college with a civil engineering degree and is now employed to grade papers,

Business
1 answer:
kvv77 [185]3 years ago
6 0

Answer:

The correct answer is Underemployed.

Explanation:

Underemployment has among its meanings, the following:

The employment of workers with high skill levels, in those jobs where such skills are not required, such as the case of a trained doctor, who must also work as a taxi driver.

  • Involuntary part-time of workers: In this case the workers who could and in any case want to start a full-time job, although they can only find part-time work. By analogy, the term is also used in regional planning to describe regions where economic activity rates are unusually low, due to lack of employment opportunities, training opportunities, or due to lack of services such as transportation, childcare, etc.
  • Excessive personnel or hidden unemployment: this is the practice that occurs when companies or economy employ workers who are not fully employed. For example, workers who are not currently used to produce goods or services due to legal or social restrictions, or because the work is highly seasonal.
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Pincus Associates uses the allowance method to account for bad debts. During 2021, its first year of operations, Pincus provided
Luba_88 [7]

Answer:

Pincus Associates

Journal Entries:

a. Debit Allowance for Uncollectibles $4,800

Credit Accounts Receivable $4,800

To write off uncollectible accounts.

b. Debit Bad Debts Expense $5,470

Credit Allowance for Uncollectibles $5,470

To record bad debts expense for the period.

Explanation:

a) Data and Calculations:

Services on account = $119,000

Uncollectibles written off = $4,800

Cash collections on accounts = $100,800

Accounts receivable balance = $13,400 ($119,000 - 4,800 - 100,800)

Estimated uncollectible allowance = 5% of accounts receivable balance

= $670 ($13,400 * 5%)

Analysis:

a. Allowance for Uncollectibles $4,800 Accounts Receivable $4,800

b. Bad Debts Expense $5,470 Allowance for Uncollectibles $5,470 ($4,800 + $670)

4 0
2 years ago
Which of the following factors increases pressures for cost reductions? a. Meaningful differentiation between products b. Reduce
Finger [1]

Answer:

c. Persistent excess capacity

Explanation:

Cost reduction is a process of reducing expenditure in a planned manner. The process of cost reduction requires continuity of cost analysis. The elements which are not of any use or contribute anything to the factors of the production are eliminated through this process. The elements of cost are examined critically before their elimination.

8 0
3 years ago
A retail outlet for calculators sells 700 calculators per year. it costs ​$2 to store one calculator for a year. to​ reorder, th
Marat540 [252]

Answer:

if Andre orders 500 boxes at a time his anual inventory cost with holding cost included should be $150,030.

Explanation:

4 0
3 years ago
Read 2 more answers
A firm’s profit margin is 5 percent, its debt/assets ratio is 56 percent, and its dividend payout ratio is 40 percent.
beks73 [17]

Answer:

The given statement is FALSE.

Explanation:

It will only be till sustainable growth rate that the firm will not require external financing. The debt /ratio demands resources to sustain the operation, which are not powered by the profit margin.

3 0
3 years ago
45 on low of 6 a b c or d
MA_775_DIABLO [31]

Answer:

c

Explanation:

7 0
3 years ago
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