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3 years ago

What is a good way to find a business idea that put your talents and interests to the best use?

Business

2 answers:

Marianna [84]3 years ago

8 0

I would say the best answer to go with is A. Not to sure.

Elis [28]3 years ago

8 0

Where is d fo the answer

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Sage, Inc. had net sales in 2017 of $1,432,200. At December 31, 2017, before adjusting entries, the balances in selected account

Serjik [45]

Answer:

Debit Bad debts expense $23,000

Credit Allowance for Doubtful Accounts $23,000

Explanation:

At December 31, 2017,

Bad debts is estimated:

8% x $325,000 = $26,000

Before adjusting, Allowance for Doubtful Accounts $3,000 credit. The company use aging method to estimate bad debts expense and Allowance for Doubtful Accounts. Bad debts expense amount will be record:

$26,000 - $3,000 = $23,000

The Journal entry:

Debit Bad debts expense $23,000

Credit Allowance for Doubtful Accounts $23,000

4 0

3 years ago

Asymmetric Frames Corp. had a return on equity of 15%. The corporation's earnings per share was $6.00, its dividend payout ra

svet-max [94.6K]

Answer:

D. 9.0%

Explanation:

Provided return on equity = 15% = K $_e$

Earnings per share = $6.00

Dividend = 40% = $6 $\times$ 0.4 = $2.40

Internal Growth Rate = Cost of equity $\times$ (1 - Dividend payout ratio)

Putting values in above we have

Internal growth rate = 15% $\times$ (1 - 40%)

= 15% $\times$ 60%

= 9%

Therefore, correct option is

D. 9.0%

7 0

3 years ago

The journal entry for a sale on account under the periodic inventory system includes: Multiple choice question. a debit to sales

madam [21]

Answer:

a debit to accounts receivable and a credit to sales.

Explanation:

A periodic inventory system can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

Under a periodic inventory system, updates of the journal entry for cost of goods sold (sales) would include debiting accounts receivable and crediting sales on a periodic basis.

Additionally, the periodic system of inventory is a function of the cost of goods sold.

5 0

3 years ago

Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gross profit ratio is typically

Anna71 [15]

Answer:

A. $60,000

Explanation

Calculation for what the estimated cost of the ending inventory under the gross profit method would be

First step is to calculate the Gross profit

Gross profit= $300,000 *30%

Gross profit= $90,000

Second Step is to calculate the cost of goods sold

Cost of goods sold=$300,000-$90,000

Cost of goods sold= $210,000

Last step is to calculate the estimated cost of the ending inventory under the gross profit method

Using this formula

Estimated cost of the ending inventory=

Cost of goods available for sale- Cost of goods sold

Let plug in the formula

Estimated cost of the ending inventory=$270,000-$210,000

Estimated cost of the ending inventory=$60,000

Therefore the estimated cost of the ending inventory under the gross profit method would be $60,000

4 0

3 years ago

Although it is generally the case that service systems have enough capacity, waiting lines result when __________ exceeds capaci

ratelena [41]

Answer:

Demand

Explanation:

Service systems are available to facilitate the customers. Similarly, service systems are designed in such a way to have enough capacity to assist numerous people. When there is an increase in the demand it leads to demand exceeds capacity, and from here the waiting line problem starts. Only a sudden increase in demand can lead to waiting line issue, and the problem is resolved as soon as demand decreases.

7 0

3 years ago