Answer: PRODUCT MODIFICATION refers to changing one or more of a product's characteristics; while, a LINE EXTENSION is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.

7 0

3 years ago

Shaan and Anita currently insure their cars with separate companies, paying $650 and $575 a year. If they insure both cars with

icang [17]

Answer:

$1615

Explanation:

($575 + 650) 0.10 = $122.50

Find the future value of $122.50

Future value can be calculated using a financial calculator:

$122.50 = PMT

10 = N

6% = I/Y

Press compute then FV

Fv = $1615

I hope my answer helps you

3 0

3 years ago

On January 1, 2020, a county government sends out property tax bills in the amount of $100,000,000. Of this amount, $15,000,000

Lesechka [4]

Answer:

B. $12,000,000

Explanation:

Hi there!

At the beginning of 2020 we estimate the credits that will be uncollectible and constitute the allowance for uncollectible.

The journal entry:

Debit Credit

Bad debts expense $15,000,000

Allowance for uncollectible account $15,000,000

During the year $88,000,000 was collected and part of the forecast must be reversed since it was overestimated (remember that it was estimated to collect $85,000,000 from the $ 100,000,000)

The jorunal entry:

Debit Credit

Allowance for uncollectible account $3,000,000

Bad debts expense $3,000,000

Allowance for uncollectible account ledger, December 31 2020

<h3>Allowance for uncollectible account </h3>

Debit Credit

$15,000,000

$3,000,000

$12,000,000

4 0

2 years ago

QUICK!! FiRST PERSON TO ANSWER THIS CORRECTLY GETS BRAINLIES

FrozenT [24]

Answer:

I belive it's A.

Explanation:

Becuase often times, they collect and file and that was the only one that really made sense to me. Let me know if im wrong though.

6 0

2 years ago