Answer:
(B) A good publicity program requires regular contacts with the news media so Ned needs to make them aware of his support.
Explanation:
Without the press being abreast of his(Ned) charitable deeds, they will not be able publicize them.
<u>Solution and Explanation:</u>
Age of the Amount Estimated Estimated
Receivables Uncollectibles Uncollectible Amounts
1-30 days old $12,000 3% $360
31-90 days old $5,000 15% $750
more than 90
days old $3,000 30% $900
Estimated year end Balances for Uncollectible Amounts $2,010
Bad Debt Expense for the year : Estimated Uncollectible Amount - Existing Credit Balance in the Allowance Account
Bad Debt Expense : $2,010 minus $800 = 1210
If the existing balance is Debit Balance of $600.
Bad Debt Expense : $2,010 plus 600 = $2,610.
Answer:
InfoScan.
Explanation:
A UPC is an acronym for universal product code. UPC is typically used for the identification of a specific product and its manufacturer (vendor) through a unique code that is printed on the product.
Basically, a universal product code (UPC) comprises of two (2) main parts;
A machine-readable barcode that contains sets of vertical black lines.
A unique twelve (12) digit number placed beneath or adjacent to the machine-readable barcode.
The first six-digits of the UPC represents the manufacturer and is printed on all of its products while the next five-digits is the product's unique reference number (item number) and the last digit is typically known as a check digit, used for the verification of the authenticity of a UPC.
Generally, the universal product code are usually scanned with a barcode scanner and this makes it easier to identify a product, as well as its price.
In this scenario, CVS pharmacy collects data from bar-coded products, which can be evaluated and combined to monitor its products that are in demand by customers. Also, this method is used to track pricing data to make sure that its pricing remains competitive among rivals. Thus, thiis is an example of InfoScan used for systemically scanning price information on products.
Answer:
The cost of goods sold is $68970
Explanation:
The cost of goods sold is the cost of inventory that a company sells in a partcular period.
The cost of goods sold can be calculated as,
Cost of Goods sold = Opening inventory + Purchases - Closing Inventory
Cost of Goods Sold = 16500 + 71500 - 19030 = $68970
Answer:
FV= $314,365.69
Explanation:
Giving the following information:
Monthly deposti= $140
Number of months= 25*12= 300
Interest rate= 0.13/12= 0.01083
<u>To calculate the future value of the investment, we need to use the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {140*[(1.01083^300) - 1]} / 0.01083
FV= $314,365.69
