The uncertainty associated with decision making is referred to as D) risk, based on the compatibility to the sentence. The term risk determines the possibility of an occurring difference between the actual and expected situation<span>. This term also usually associated with the uncertainty of decision making. Thus, "risk" is the most suitable answer.</span>
Answer:
$152,600
Explanation:
Given that,
September sales = $170,000
October sales = $140,000
Monthly sales are 60% credit and 40% cash.
Of the credit sales, 30% are collected in the month of sale, and 70% are collected in the following month.
Cash collections for the month of October:
= 40% of October sales + 30% of the credit sales in October + 70% of the credit sales in September
= (0.4 × $140,000) + (0.3 × 0.6 × $140,000) + (0.7 × 0.6 × $170,000)
= $56,000 + $25,200 + $71,400
= $152,600
Debits and credits are used in a company’s bookkeeping or or double-entry accounting.
Debits and credits are the bookkeeping entries that balance each other. Debits means all of the money coming into an account, while credits means all of the money going out of an account. When recording a transaction, every debit entry must have a corresponding credit entry of the same amount.
A debit entry is always kept on the left side of an entry. A debit increase asset or expense accounts, and decreases liability, revenue or equity accounts.A credit is always placed on the right side of an entry. It increases liability, revenue or equity accounts and decreases asset or expense accounts.
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Answer: The entrepreneur assumes the risk of the business
Explanation:
An entreprenuer is a person that's bears the risk and controls the other resources such as the land , labour and the capital.
Also, we should note that the entrepreneur either makes a profit or loss. The difference between the small business owner and the entrepreneur is that the entrepreneur assumes the risk of the business
the correct answer is a. Analogy