Answer: Environmental partnerships.
Explanation:
It is important to understand that for most and all business to thrive there have to be an enabling environment for that to happen. Environment play a key or major role to the growth of any business and as such most business pay keen attention to their environment and do every means to ensure it is vulnerable for them to operate well. The partnership between organizations and seeking a operational environment to do their business is known as environmental partnership.
Answer:
bad debt expense 6,000 debit
allowance for uncollectible amounts 6,000 credit
Explanation:
expected allowance balance:
account receivable x expected uncollectible amount
200,000 x 4% = 8,000
currently the allowance balance is 2,000
so the amount of the adjustment will be to move the balance to 8,000 from 2,000: adjusting entry for 6,000
Answer:
b) -$700.
Explanation:
The economic profit or loss will be:
economic result = revenue - total cost
<u>Where:</u>
fixed cost + variable cost = total cost
400 + 600 = 1,000
revenue = units x selling price per unit
100 units x $3 = $300
economic result = revenue - total cost = 300 - 1,000 = -700
The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.
But, it is not selling at the correct price. It should sale at a higher price.
Answer:
Algorithm II uses a heuristic approach to provide an approximate solution in reasonable time.
Explanation:
If none of the children are willing to pay than the bank will take the house back if the father had a loan on it.