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ddd [48]
3 years ago
10

Tripod Inc. began the month with accounts receivable of $25,000. During the month, it collected $12,000 from customers and sold

$5,000 of merchandise on credit. What is its accounts receivable balance at the end of the month?
Business
1 answer:
Yakvenalex [24]3 years ago
6 0

Answer:

Accounts receivable balance at the end of the month is $18,000

Explanation:

Accounts receivable balance at the end of the month = Accounts receivable balance at the beginning of the month + Accounts receivable increased during the month - Accounts receivable decreased during the month.

During the month, Tripod Inc. collected $12,000 from customers. Accounts receivable decreased during the month of $12,000

It sold $5,000 of merchandise on credit. Accounts receivable increased during the month of $5,000

Accounts receivable balance at the end of the month = $25,000 + $5,000 - $12,000 = $18,000

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Shirley analyzed her company’s product line of refrigerator magnet products. She then deleted a few tourist magnets that had los
ololo11 [35]

Explanation:

In this question it can be seen that Shirley is using a comprehensive product management marketing approach to adjust the company's line of magnets, focusing on the pricing strategy and positioning of some products, which can be seen in the question when Shirley discovered that the group of emoji magnets needed more market penetration, and so through that she created a campaign, analyzed the statistics of the total line and adjusted and identified some synergies for the new products, which made it possible to adjust the overwall of the product line and not just individual products.

Shirley considered the way products work together as collectives and how one product can influence another.

4 0
3 years ago
Fink Insurance collected premiums of $17,900,000 from its customers during the current year. The adjusted balance in the Deferre
saw5 [17]

Answer:

Fink's revenue from insurance premiums for the current year is: $13,500,000

Explanation:

Insurance premiums recognised for the current year -

Insurance collected + Beginning Deferred premiums account - Ending Deferred premiums account

= $ 17,900,000 + 4,000,000 - 8,400,000 = $13,500,000

5 0
3 years ago
By offering more generous unemployment insurance programs, European countries can expect Group of answer choices longer periods
natulia [17]

Answer:

Longer periods of unemployment for their workers.

Explanation:

Unemployment is when people who are willing and able work do not have jobs

Types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

If a government gives generous unemployment insurance programs, there would be less incentive to find jobs because one of the main reasons why people would want to work is to have money. If the government provides generous pay to the unemployed, there would be less motivation to work and unemployment increases

6 0
3 years ago
According to the signaling theory of capital structure, firms first use common equity for their capital, then use debt if and on
julia-pushkina [17]

Answer:

False

Explanation:

This statement is false because firms are always known for the issuance of debts prior to new stock. This is because they find issuing debt is way cheaper. Because of the cheapness of issuing debt, this method is preferred to using common equity for their capital. The use of debt financing may not signal any message to managers that the future does not look good.

3 0
3 years ago
Read 2 more answers
Olive Maccones dies without a will. She has three sons and seven grandchildren. She owned a substantial amount of property. What
navik [9.2K]

Answer:

The property will be transferred according to the Statute of Descent and Distribution.

Explanation:

Intestacy is the situation where a person dies without leaving a will for the sharing of his estate.

When this happens the descent and distribution statute comes into play.

The heirs or next of kin are beneficiaries to the estate. Heirs can be be blood relatives, adopted children, adopted parent, or surviving spouse.

The line of descent is the order of beneficiaries that are from an ancestor. The line of descent can be direct such as sons, or collateral such as cousins.

In this case where Olive Maccones dies without a will and she has three sons and seven grandchildren, her estate will be distributed by a court based on the line of descent of her sons and grandchildren.

6 0
3 years ago
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