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Kamila [148]
3 years ago
13

Mr. Edwards, a marketing representative of the ACME Insurance Company, scheduled a marketing event and expects about 40 people t

o attend. He has hired a magician at a cost of $200 to entertain attendees. Can he do this in a way that complies with guidance from the Medicare agency?
Business
1 answer:
Nimfa-mama [501]3 years ago
8 0

Answer:

Answered

Explanation:

Mr. Edwards, a marketing representative of the ACME Insurance Company, scheduled a marketing event and expects about 40 people to attend. He has hired a magician at a cost of $200 to entertain attendees

He can do this, because the estimated number of attendees is based on the venue size and response rate and the value of the gift does not exceed $15.

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During its first year of operations, Mack's Plumbing Supply Co. had sales of $3,250,000, wrote off $27,800 of accounts as uncoll
Nataly_w [17]

Answer:

$487,500

Explanation:

The write off does not affect the realizable value of accounts receivable . Neither total assets nor net income is affected by the write off or specific account. Instead both assets and net income are affected in the period when bad debts expense is predicted and then recorded with an adjusting entry.

Accounts Receivable                                                      $ 3250,000

Less Allowance for Doubtful Accounts    $ 3250,000*1% = 32,500

Estimated Realizable Accounts Receivable $ 3217500

But if the amount of the bad debts decreases or increases as is given below then the the income is also increased or decreased by the amount given

Bad debts = $ 32,500

Uncollectibles previously written off= $ 27,800

Difference $ 4700

Net income $ 487,500

Less Difference $ 4700

Reported Income $ 482,800

7 0
3 years ago
You are the supervising engineer in the construction of an offshore oil drilling platform that is fabricated by welding stainles
earnstyle [38]

Answer: this is to render a heat solution of about 1070 degree Celsius with water to quench, so as to retain the carbides solution in the defective steel for re use.

Explanation:

With the climate condition in the off shore oil drilling platform, it won't rake long for the fabricated steels to collapse and cause the loses of multiple lives and properties.

As an expert I will suggest we deconstruct the steels and use Austenitic stainless steel, because of its corrosion resistance.

We might as well sensitised the steels before use. Because the sensitisation occurs in the region that has seen temperature close to 600 and 900°C.

My possible solution to overcome this defect stated by the quality control and as a result spend less, is that we undergo a HEAT SOLUTION TREATMENT at a 1070°C followed by a water quench to help retain the carbides solution on a rapid cooling in those defective still, and also make it resistance to the climate condition of the area and also commence the project.

3 0
3 years ago
What suggestions can you make to margot about overcoming cross-cultural communication barriers?
Morgarella [4.7K]
Observe cross-culture differences in etiquette.
4 0
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The par value of a stock:
SCORPION-xisa [38]

Answer:

A) is used to determine minimum legal capital balances at issuance

Explanation:

The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock.  The Par Value of common stock is  derived by Par value per share * No. of Issued Shares.

8 0
3 years ago
Frictional unemployment is the result of
Shkiper50 [21]

Answer:

d. the search process of matching workers with jobs.

Explanation:

Frictional unemployment is also called "Search Unemployement" is base on the individual's circumstances and is independent of the economy. Commonly is the time "between jobs" when the person is searching for a new job or transitioning from one job to another. This is a temporary unemployement and it can be though like a good sign for the economy since it idemonstrates that people are looking a better job that the one they had before.

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3 years ago
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