The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>
<h3>What is interdependence?</h3>
Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.
Interdependence exists in many forms and between different organizations.
For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.
Similarly, the natural environment utilizes the products and services of business organizations for continued development. Business organizations also protect the natural environment for their self-interest.
Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.
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<h3>Question Completion with Answer Options:</h3>
a. A U-shape
b. Insignificant
c. Interdependent
d. Unconnected
Answer:
Debit Bad Debt Expense; Credit Accounts Receivable
Explanation:
Bad debts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense.
When a cash payment is received from the debtor, cash is increased and the accounts receivable is decreased. When recording the transaction, cash is debited, and accounts receivable are credited.
Answer:
Production= 15,000 units
Explanation:
Giving the following information:
Sales:
Q2=14,000
Q3=18,000
The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units.
To calculate the production for the second quarter, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 14,000 + (18,000*0.25) - (14,000*0.25)
Production= 15,000 units
Answer:
B. Check the person's credit history to make sure he or she pays debts on time.
Explanation:
Applying for a loan from a bank is when a person wants to borrow money from the bank for his personal requirements. This is also one of the ways a bank does business, incurring interest while also 'helping out' a person in need.
One factor that banks take into consideration for approving a loan to a person is checking the credit history of that person. This means that the bank will investigate the person's credit score and how often he pays his credit bills. Depending on the pattern of the payment, a bank will be able to understand the dependability of the person for a loan's payment.
Thus, the correct answer is option B.
