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3 years ago

Conductors are assigned a ? ampacity that reflects the insulation's ability to handle and dissipate heat under ? conditions.

Business

1 answer:

givi [52]3 years ago

6 0

Answer:

Specific; Varying

Explanation:

Conductors are assigned a specific ampacity that reflects the insulations ability to handle and dissipate heat under varying conditions. As the ampacity concerning a conductor is based on those physical as well as electrical properties of the element as well as the formulation of the conductor including its ambient temperature, insulation, and environmental conditions proximate toward the conductor as well.

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Prepare the journal entry to record bad debt expense assuming Novak Company estimates bad debts at (a) 4% of accounts receivable

Novay_Z [31]

Additional information:

Novak Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $155,400 Allowance for Doubtful Accounts $3,890 Sales Revenue (all on credit) 800,700 Sales Returns and Allowances 50,330

Answer:

net credit sales = total sales revenue - sales returns and allowances = $800,700 - $50,330 = $750,370

accounts receivables = $155,400

allowance for doubtful accounts = $3,890 (credit balance)

A) estimated bad debts = 4% of accounts receivables = 4% x $155,400 = $6,216

since the current balance of allowance for doubtful accounts is $3,890, then the adjusting entry should be = $6,216 - $3,890 = $2,326:

Dr Bad debt expense 2,326

Cr Allowance for doubtful accounts 2,326

B) estimated bad debts = 4% of accounts receivables = 4% x $155,400 = $6,216

since the current debit balance of allowance for doubtful accounts is $1,470, then the adjusting entry should be = $6,216 + $1,470 = $7,686:

Dr Bad debt expense 7,686

Cr Allowance for doubtful accounts 7,686

8 0

3 years ago

Kuzma Foods, Inc. has budgeted sales for June and July at $ 680 comma 000.00 and $ 720 comma 000.00, respectively. Sales are 8

atroni [7]

Answer:

The budgeted Accounts Receivable balance on July 31 is $ 244,800.

Explanation:

Since the company sells 85% credit of which 60% is collected in the month of sale and 40% in the following month. This implies that where the sales for the month of June is $ 680,000, all of the credit sales for the month of June would have been collected by 31 July. Hence no receivables will be budgeted for considering June sales by 31 July.

For sales to be made in July budgeted at $ 720,000, 85% will be credit sales

This amounts to

Credit sales for July = 85% of 720000

= $\frac{85 * 720000}{100}$

= $ 612,000

60% of the credit sales in the month of July will be collected by 31 July while 40% will be collected in the following month hence,

Accounts Receivable balance on July 31

= 40% of 612000

= $\frac{40 * 612000}{100}$

= $ 244,800

6 0

3 years ago

According to the basic quantity equation of money, if price and output fall while velocity increases, then: Group of answer choi

sp2606 [1]

Answer:

The quantity of money will fall as well.

Explanation:

According to the quantity theory of money, money supply (M) and price level (P) in an economy are in direct proportion to one another.

In other words, the percentage change in price level is proportionate to the percentage change in Money Supplied.

The formula is given as:

M*V= P*T

where, V = Velocity of money and T = volume of the transactions.

Cheers!

8 0

3 years ago

Suppose the price of a tie rises from $45 to $55. using the midpoint method, what is the percentage change in price?

Vinvika [58]

By midpoint formula, the percentage change in the price of a tie = {( $55 - $45) / [($45 + $55)/2]} * 100 = (10/50) * 100 = 20 percent

4 0

3 years ago

Gerome Houser is a pastry chef at McKay’s Eatery. His annual salary is $45,623. His benefits include $1,755 for two weeks of vac

alexgriva [62]

First, we add up all the benefits that Gerome Houser gets from his job. That is,
$1,755 + $3,898 + $2,898 +$2,098 +$1,404 = $12,053
Then, we divide this amount by his annual salary and multiply the quotient by 100% to get the answer.
($12,053 / $45,623) x 100% = 26.4%
Therefore, Gerome Houser's rate of benefits is approximately 26.4%.

5 0

3 years ago