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Leona [35]
3 years ago
9

Suppose your New Year resolution is to get back in shape. You are considering various ways of doing​ this: you can sign up for a

gym​ membership, walk to​ work, take the stairs instead of the​ elevator, or watch your diet. How would you evaluate these options and choose an optimal​ one
Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer:

The answer is: I would do a cost benefit analysis to try to determine which option is the best.

Explanation:

In a cost-benefit analysis you examine the pros and cons of taking an action. You estimate all the costs involved in taking that action and all the possible benefits (or profits) that you will receive by taking that action.

A company will usually perform cost benefit analysis to try to decide which investments to make. For instance, I have $1 million to invest in different projects, my cost benefit analysis should tell me in which projects I should invest that return the largest profit.

If you are trying to decide how can you lose weight more efficiently, you would first estimate the costs of each activity. How much time you are going to spend? How much you have to pay or are they free?

Then  you also estimate what benefits you might get form doing each activity. How much weight can I lose by doing each one? Can I save money by doing them? Will I enjoy doing it?

After you have estimated all possible outcomes, you will be able to decide which, if any, activity or activities you should do to lose some weight.

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Two of the characteristics of useful information are: a. flexibility and durability. b. clarity and confidentiality. c. redundan
charle [14.2K]

Answer:

The answer is D.

<h3>Relevance and timeliness</h3>
6 0
3 years ago
Stephanie Roe utilizes the direct write-off method of accounting for uncollectible receivables. On September 15, she is notified
Iteru [2.4K]

Answer:

Dr Bad Debts $4,970

Cr Accounts Receivables $4,970

Explanation:

The bad debts are confirmed and once it is confirmed it is written off by decreasing the accounts receivables by the amount as the amount is not now receivable and increase the bad debt expense because this is cost to the company. The bad debts confirmed are accounted for as under:

Dr Bad Debts $4,970

Cr Accounts Receivables $4,970

5 0
3 years ago
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6 0
3 years ago
At the end of the current year, Accounts Receivable has a balance of $550,000; Allowance for Doubtful Accounts has a credit bala
levacccp [35]

Answer:

d. $19,500 and $25,000

Explanation:

Provided balance of Accounts Receivables at year end = $550,000

Allowance for Doubtful Debts Account = $5,500

Sales for the year = $2,500,000

Now, provided un-collectible accounts receivables = $25,000

Thus year end balance of allowance for doubtful debts shall be $25,000

Therefore, entry shall be of amount = $25,000 - $5,500 = $19,500

after that balance at year end of allowance for doubtful debts = $5,500 + $19,500 = $25,000

5 0
3 years ago
on january 1 ripken corporation had 80000 shares of 10 par value common stock outstanding. on may 7 the company declared a 10 st
Akimi4 [234]

Answer:

Debit : Dividend $8,000

Credit : Shareholders for dividends $8,000

Explanation:

We recognize equity item - dividend and a liability - shareholders for dividend on declaration date.

Dividend = 80000 shares x $10 x 10% = $8,000

3 0
3 years ago
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