1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonbull [250]
3 years ago
6

Lifetime sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Palos Middle School, terms

2/10, n/30. On November 21, they received an order from Tinley High School for $1,800 worth of custom printed bats to be produced in December. On November 30, Palos Middle School returned $300 of defective merchandise. Lifetime has received no payments from either school as of month end. What amount will be recognized as net accounts receivable on the balance sheet as of November 30?
$4,500
$2,700
$3,000
$4,800
Business
1 answer:
Firdavs [7]3 years ago
7 0

Answer:

The correct answer is $2,700.

Explanation:

According to the scenario, the computation of the given data are as follows:

Sell uniforms = $3,000

Sale return = $300

received order to produce in December = $1,800

So, we can calculate the net account receivable in November by using following formula:

Net account receivable =  Sales in November - Sales return in November

By putting the value, we get

= $3,000 - $300

= $2,700

You might be interested in
His month, Susan, the branch manager of Intrepid Car Rentals, has heard several complaints from customers that Intrepid employee
EleoNora [17]

Answer:

A. Policy

Explanation:

Policies in a company context are are guidelines developed by an organization to govern its actions. They are principles by which organizations and companies are guided. In this situation, Susan set a new policy as she brought a new guideline that must be followed about returning customers calls and emails within 24 hours. This new policies are adhered to because it was mandated by Susan.

Policies are made up of rules and guidelines which tells and guide employees on their activities and responsibilities in an organization.

5 0
3 years ago
In the 1970s, Kodak dominated the film-based photography market until Polaroid introduced instant photography. Polaroid is an ex
JulijaS [17]

The introduction of instant photography into her business makes Polaroid an example of disruptive innovation.

<h3>What is disruptive innovation?</h3>

Disruptive innovation serves as a kind of innovation which creates a new market and value network .

This value is usually created into the bottom of an existing market.

learn more about disruptive innovation at;

brainly.com/question/17185200

8 0
2 years ago
If an organizational manual exists, a description of the division of work and the position shown on the organization chart will
allsm [11]
If an organizational manual exists, a description of the division of work and the position shown on the organization chart will be given in the manual or will be located on the company's intranet.

A) True
7 0
4 years ago
In the first half of 2011, automobile sales in the United States were lower than they were in the first half of 2010. The decrea
FinnZ [79.3K]

Answer:

Consumption and Investment

Explanation:

Consumption refers to household use of particular goods or services.

New and modern innovation creates new consumption, In this situation, a Decrease in 2010 model vehicle sales held by innovations and consumption also impact GDP.

If a business purchases these automobiles, it is called investment for automobile Businesses and industry.

4 0
3 years ago
4. Both the concentration and Herfindahl indices computed by the U.S. Bureau of Census tends to overstate the actual level. In a
Elodia [21]

Answer:

The use of data aggregation leads to overstatement of the  concentration and Herfindahl indices

while the use of National/state data leads to understatement of the degree of concentration in local markets.

Explanation:

The ratio of concentration and Herfindahl indices computed are mainly made up of foreign players while  the contributions of small local unorganized players are not considered, which leads to the increase in the value of  indices and ratios been used, ( i.e. The use of data aggregation ) .  hence the overstatement of the actual level.

The understatement of the degree of concentration in local markets happens because of the use of national and state data while computing the concentration in the local markets like gasoline and this is mainly caused by the presence of fewer industries in the market. The state and national data does not reflect the true concentration in the local market hence the degree of concentration is understated at the local level.

5 0
3 years ago
Other questions:
  • The coastal town of Olaspen offers various exotic water sports and hiking expeditions to its tourists. The town government of Ol
    10·1 answer
  • List three nondurable goods that you use on a regular basis
    10·1 answer
  • In first class service, how many seats are on each side of the aisle?A. 1<br> B. 2<br> C. 3<br> D. 4
    12·1 answer
  • When formally addressing a woman, you might use ____.?
    7·2 answers
  • Why don't snakes have spines?
    15·1 answer
  • The main challenge of career planning in changing times is that
    10·1 answer
  • A depositor places $750 in cash in a commercial bank, and the reserve ratio is 33 1/3%; the bank sends the $750 to the Federal R
    8·1 answer
  • A moderately​ risk-averse investor has 50 percent of her portfolio invested in stocks and 50 percent in​ risk-free Treasury bill
    14·1 answer
  • If consumer sovereignty is considered greatest in a system of pure competition, why is sovereignty still limited?
    9·2 answers
  • Kb uses water treatment recycling technologies due to lack of rain​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!