The statement the price of radio programming should fall is false.
<h3>What is Complements-in-consumption </h3>
Complements in consumption can be defined as the way in which two or more product complement each other when use of consume together or when use jointly.
Hence, Based on the scenario the statement is false because assuming the both music radio ,and concert are complements in consumption the price of radio programming will not fall.
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Answer:
bad debt expense 6,000 debit
allowance for uncollectible amounts 6,000 credit
Explanation:
expected allowance balance:
account receivable x expected uncollectible amount
200,000 x 4% = 8,000
currently the allowance balance is 2,000
so the amount of the adjustment will be to move the balance to 8,000 from 2,000: adjusting entry for 6,000
Answer: $230,500
Explanation:
Based on the information given, to solve the question, we will use the interest rate of 12%. Since the present value factors have already been given, the lease liability to be recorded will then be:
= 50,000 × PV at 12%
= 50000 × 4.61
= $230,500
Therefore, At the beginning of the lease term, Day should record a lease liability of $230,500.
Answer:
B. Ben
Explanation:
Ben is the one that is less likely to show emotions or be upset when reprimanded. This is because Ben is the oldest amongst those listed and also a Male. Older males less likely experience high level of negative emotions when compared with younger individuals or their female counterparts. Younger people are said to experience high negative emotions when compared with older people. Females also have higher level of emotions, so they will definitely be upset after facing reprimand.
