Answer:
The net realizable value is $7,000-$700= $6,300
The reason for this is that $700 was the the allowance for doubtful accounts and this is the amount that company does not expect to receive therefore it is subtracted from the total receivables to find the net realizable value.
Un collectible amount is $200 which is less than $700 so it will be subtracted from 700 and then the doubtful accounts balance will be $500
Explanation:
<span>The importance of making positive first impressions in your first
few interactions with a new boss is best portrayed by the research on the
belief perseverance phenomenon, where it was found that
when they have formed an opinion or belief about something or someone, </span><span>people tend to cling to their even in the face of
credible contrary evidence.</span>
Answer:
D) not able to be calculated from the information given.
Explanation:
Consumer surplus is the difference between willingness to pay of a consumer and the price actually paid for a good or service.
The price paid by Smith is $205,000 but there's no information on the willingness to pay of Smith. Therefore, the consumer surplus can't be calculated.
I hope my answer helps you.
In comparison to this data, Reagan claimed that inflation rose sharply under Carter according to the data.
<h3>What is an inflation?</h3>
This refers to the persistent general rise in the price of goods and services in an economy or country.
Reagan posit that inflation rose sharply in the U.S. under President Carter based on the evidence that were supported by these data:
- An increase in inflation rates.
- The unemployment rate.
- The number of jobs lost by citizens.
Read more about inflation
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<span>The best terms that represent vector quantity are magnitude and direction. Magnitude and direction are both qualities in vector quantity. The basic measurement of vector quantity is the meter all others would best be described as scalars. So to best describe vector quantity use the meter unit.</span>
