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3 years ago

Scenario 1

Business

1 answer:

Citrus2011 [14]3 years ago

4 0

Answer:

The government of country A spent money investing in wireless Internet. So, a robust infrastructure is the driving force behind country A’s economic growth. On the other hand, the education provided by country B will result in a large and competent workforce, which will also lead to economic growth. Therefore, both countries will experience economic growth driven by investment.

Explanation:

<u><em>Edmentum Answer</em></u>

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indirect materials are those used that enter into and become a major part of the finished product true or false

Hitman42 [59]

Yes it is true and it is correct

3 0

3 years ago

Which one of the following parties can sell shares of ABC stock in the primary market? A. ABC company B. Any corporation, other

Alexxandr [17]

Answer:

The correct answer is letter "A": ABC company.

Explanation:

Corporations and governments finance their activities by issuing stock or bonds which are <em>purchased by the public directly from the issuing corporation or government entity</em>. This is considered the primary market, which provides investors their first chance to purchase new security.

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3 years ago

Brown Cow Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on t

Gnesinka [82]

Answer:

1a. Dec-31

Dr Allowance for doubtful accounts $780

Accounts receivable (Patty's Bake Shop) Cr $780

1b . Dec-31

Dr Bad debt expense $1,000

Cr Allowance for doubtful accounts $1,000

2a. Bad debt expense $1,000

2b. Doubtful accounts $25,170

Explanation:

1. Preparation of the journal entries

First step is to adjust for estimated bad debt expense for current year

Aged Accounts Receivable Estimated Percentage Uncollectible Estimated Amount Uncollectible

Not yet due 19,000* 2%= $380

Up to 120 days past due 5,000*11%=$550

Over 120 days past due 3,000*30%=$900

Estimated balance in allowance for Doubtful Accounts $1,830

Less Current balance in allowance for Doubtful Accounts ($830)

Bad Debt Expense for the year $1,000

($1,830-$830)

Now let prepare the Journal entry:

1a. Dec-31

Dr Allowance for doubtful accounts $780

Accounts receivable (Patty's Bake Shop) Cr $780

(To record Write off accounts receivable)

1b. Dec-31

Dr Bad debt expense $1,000

Cr Allowance for doubtful accounts $1,000

(To record allowance of doubtful account)

2aCalculation to Show how the amounts related Bad Debt Expense would be reported on the income statement and balance sheet for the current year.

BROWN COW DAIRY COMPANY

Income Statement (Partial)

As of December 31

Operating expenses:

Bad debt expense $1,000

2b. Calculation to Show how the amounts related to Accounts Receivable would be reported on the income statement and balance sheet for the current year.

BROWN COW DAIRY COMPANY

Balance Sheet (Partial)

As of December 31

Current assets:

Accounts receivable (Patty's Bake Shop) $27,000

(Less)Allowance for doubtful accounts ($1,830)

Accounts receivable, net of allowance for Doubtful accounts $25,170

Accounts receivable =$ 19,000+$5,000+$3,000 Accounts receivable =$27,000

Allowance for doubtful accounts = $380+$550+$900

Allowance for doubtful accounts = $1,830

Therefore the amounts related to Accounts Receivable and Bad Debt Expense that would be reported on the income statement and balance sheet for the current year will be :

Bad debt expense $1,000

Doubtful accounts $25,170

3 0

2 years ago

The normal-form game box below outlines a generic game for two players to illustrate basic principles. Each player has two strat

tatiyna

Answer:

1. c) b>d

d) c>g

2. No dominant strategy equilibrium is also a Nash equilibrium.

Explanation:

Payoff matrix are used in business as it represent the possible outcomes of the decisions made. In the given scenario player 1 and player 2 have different outcomes based on the game matrix. The player 1 will get best possible payoff when he falls in Top Left matrix. This is dominant strategy which must be Nash equilibrium.

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3 years ago

marketing research helps managers gauge the perceived value of their goods and services, as well as the level of customer satisf

natima [27]

The statement "marketing research helps managers gauge the perceived value of their goods and services, as well as the level of customer satisfaction." is True

This is further explained below.

<h3>What are goods and services?</h3>

The output of an economic system includes things such as the production of commodities and provision of services.

Goods are tangible items that are offered for purchase by customers, in contrast to services, which are defined as any actions that are carried out for the purpose of benefiting the receivers.

Goods include a wide variety of products, including automobiles, home appliances, and clothing, amongst others.

To name only a few instances of services, there is the provision of legal counsel, the cleaning of homes, and the delivery ofconsulting services.

In conclusion, The assertion that "marketing research assists managers in determining the level of customer satisfaction in addition to the perceived worth of their goods and services" is accurate.