Answer:
A surplus exists in a market if the supply happens to be excessive
Explanation:
In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.
They are most beneficial when they join together resources and knowledge in a combination that complies with the VRIO framework.
Answer:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
Explanation:
Preparation of What adjusting Journal entry should the company make at the end of the current year to record its estimated bad debts expense
Based on the information given the adjusting Journal entry that the company should make at the end of the current year to record its estimated bad debts expense will be:
Dr Bad Debt Expense $44,000
Cr Allowance for Doubtful Accounts $44,000
(Net Sales 2,200,000*Estimated 2.0% of net sales)
(Being to record estimated bad debts expense)
Answer: Diagnostic
Explanation:
Diagnostic skills is the ability of an individual to be able to identify a certain problem, define it, analyze it and seek solutions to it.
Witg regards to the information, this is a type of skill whereby the manager collects, and then analyzed the data available to him or her.
I would think it could be a 4 ×4
